ROE vs. VFQY

Last updated Aug 4, 2026

ROE (Astoria US Equal Weight Quality Kings ETF) and VFQY (Vanguard U.S. Quality Factor ETF) are both Quality Factor funds. Both are actively managed. Over the past 3 years, ROE returned 21.23%/yr vs 15.72%/yr for VFQY. Their correlation of 0.86 means they have usually moved in the same direction. ROE charges 0.49%/yr vs 0.13%/yr for VFQY.

Performance

ROE vs. VFQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astoria US Equal Weight Quality Kings ETF (ROE) and Vanguard U.S. Quality Factor ETF (VFQY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROE achieves a 21.52% return, which is significantly higher than VFQY's 14.20% return.

ROE

• 1D: 0.98%
• 1M: 1.61%
• 6M: 15.98%
• YTD: 21.52%
• 1Y: 34.66%
• 3Y*: 21.23%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.65%

VFQY

• 1D: 1.05%
• 1M: 2.21%
• 6M: 10.27%
• YTD: 14.20%
• 1Y: 23.29%
• 3Y*: 15.72%
• 5Y*: 9.15%
• 10Y*: —
• ALL TIME*: 11.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ROE Astoria US Equal Weight Quality Kings ETF	$1.14M	$1.17M	$931.17K
VFQY Vanguard U.S. Quality Factor ETF	$948.51K	$988.82K	$1.06M

ROE vs. VFQY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ROE Astoria US Equal Weight Quality Kings ETF	21.52%	17.20%	18.34%	4.31%
VFQY Vanguard U.S. Quality Factor ETF	14.20%	10.24%	12.93%	6.87%

Correlation

The correlation between ROE and VFQY is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.86

The correlation between ROE and VFQY shifts across timeframes, from 0.75 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

ROE vs. VFQY - Sectors Allocation Comparison

Sectors	ROE	VFQY
Technology	33.9%	25.8%
Financial Services	11.9%	18.9%
Communication Services	11.1%	2.8%
Consumer Cyclical	11.0%	13.3%
Healthcare	10.2%	8.9%
Industrials	9.0%	16.8%
Consumer Defensive	4.9%	9.2%
Energy	2.9%	2.2%
Real Estate	2.0%	-
Utilities	2.0%	-
Basic Materials	1.0%	2.2%

Return for Risk

ROE vs. VFQY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ROE

ROE Risk / Return Rank: 90
ROE Sharpe Ratio Rank: 90
ROE Sortino Ratio Rank: 88
ROE Omega Ratio Rank: 87
ROE Calmar Ratio Rank: 90
ROE Martin Ratio Rank: 93

VFQY

VFQY Risk / Return Rank: 74
VFQY Sharpe Ratio Rank: 75
VFQY Sortino Ratio Rank: 76
VFQY Omega Ratio Rank: 70
VFQY Calmar Ratio Rank: 71
VFQY Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ROE vs. VFQY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astoria US Equal Weight Quality Kings ETF (ROE) and Vanguard U.S. Quality Factor ETF (VFQY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ROE	VFQY	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.75	+0.57
Sortino ratio: Return per unit of downside risk	3.09	2.53	+0.55
Omega ratio: Gain probability vs. loss probability	1.40	1.30	+0.10
Calmar ratio: Return relative to maximum drawdown	4.02	2.57	+1.46
Martin ratio: Return relative to average drawdown	17.11	9.69	+7.43

ROE vs. VFQY - Sharpe Ratio Comparison

The current ROE Sharpe Ratio is 2.32, which is higher than the VFQY Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of ROE and VFQY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ROE vs. VFQY - Drawdown Comparison

The maximum ROE drawdown since its inception was -19.10%, smaller than the maximum VFQY drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for ROE and VFQY.

Drawdown Indicators

	ROE	VFQY	Difference
Max Drawdown Largest peak-to-trough decline	-19.10%	-37.41%	+18.31%
Max Drawdown (1Y) Largest decline over 1 year	-8.66%	-9.12%	+0.46%
Max Drawdown (3Y) Largest decline over 3 years	-19.10%	-20.67%	+1.57%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.93%	—
Current Drawdown Current decline from peak	-0.34%	0.00%	-0.34%
Average Drawdown Average peak-to-trough decline	-2.54%	-6.57%	+4.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	2.41%	-0.38%

Volatility

ROE vs. VFQY - Volatility Comparison

Astoria US Equal Weight Quality Kings ETF (ROE) has a higher volatility of 3.61% compared to Vanguard U.S. Quality Factor ETF (VFQY) at 3.12%. This indicates that ROE's price experiences larger fluctuations and is considered to be riskier than VFQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROE	VFQY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	3.12%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	11.74%	9.58%	+2.16%
Volatility (1Y) Calculated over the trailing 1-year period	15.05%	13.37%	+1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.87%	18.29%	-2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.87%	20.73%	-4.86%

ROE vs. VFQY - Expense Ratio Comparison

ROE has a 0.49% expense ratio, which is higher than VFQY's 0.13% expense ratio.

Dividends

ROE vs. VFQY - Dividend Comparison

ROE's dividend yield for the trailing twelve months is around 1.00%, less than VFQY's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ROE Astoria US Equal Weight Quality Kings ETF	1.00%	0.97%	1.18%	0.68%	0.00%	0.00%	0.00%	0.00%	0.00%
VFQY Vanguard U.S. Quality Factor ETF	1.03%	1.17%	1.34%	1.38%	1.43%	0.98%	1.22%	1.34%	1.31%

Frequently Asked Questions

Can I hold both ROE and VFQY in my portfolio?

ROE and VFQY have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROE or VFQY?

ROE has higher volatility (3.61%) compared to VFQY (3.12%). In terms of maximum drawdown, ROE dropped -19.10% vs VFQY's -37.41%.

Which ETF is better, ROE or VFQY?

On 3-year performance, ROE leads with 21.23% vs 15.72% for VFQY. On fees, VFQY is cheaper at 0.13% per year. On volatility, VFQY has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROE or VFQY?

Over the 3-year period, ROE has performed better with a 21.23% return vs 15.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROE or VFQY?

VFQY is cheaper with a 0.13% expense ratio, compared with 0.49% for ROE.

Which ETF pays a higher dividend yield, ROE or VFQY?

VFQY has the higher dividend yield at 1.03%, compared with 1.00% for ROE.

What is the main difference between ROE and VFQY?

They also come from different issuers: Astoria and Vanguard. Their fees differ too: 0.49% for ROE and 0.13% for VFQY.

Which has better risk-adjusted returns?

ROE currently has the higher Sharpe Ratio (2.32 vs 1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.