ROMO vs. USVM
ROMO (Strategy Shares Newfound/ReSolve Robust Momentum ETF) and USVM (VictoryShares US Small Mid Cap Value Momentum ETF) are both Momentum funds - ROMO tracks the Newfound/ReSolve Robust Equity Momentum Index while USVM tracks the Nasdaq Victory US Small Mid Cap Value Momentum Index. Both are passively managed. Over the past 5 years, ROMO returned 6.34%/yr vs 11.31%/yr for USVM. A 0.69 correlation means they provide meaningful diversification when combined. ROMO charges 0.82%/yr vs 0.29%/yr for USVM.
Performance
ROMO vs. USVM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ROMO achieves a 6.03% return, which is significantly lower than USVM's 20.14% return.
ROMO
- 1D
- -0.97%
- 1M
- 0.58%
- 6M
- 3.39%
- YTD
- 6.03%
- 1Y
- 14.76%
- 3Y*
- 13.10%
- 5Y*
- 6.34%
- 10Y*
- —
USVM
- 1D
- -0.19%
- 1M
- 0.93%
- 6M
- 14.65%
- YTD
- 20.14%
- 1Y
- 30.87%
- 3Y*
- 19.18%
- 5Y*
- 11.31%
- 10Y*
- —
ROMO vs. USVM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ROMO Strategy Shares Newfound/ReSolve Robust Momentum ETF | 6.03% | 9.29% | 20.68% | 11.05% | -18.88% | 21.41% | -3.48% | 4.25% |
USVM VictoryShares US Small Mid Cap Value Momentum ETF | 20.14% | 10.56% | 16.59% | 18.90% | -13.23% | 24.44% | 11.56% | 4.62% |
Correlation
The correlation between ROMO and USVM is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2019 | 0.69 |
The correlation between ROMO and USVM has been stable across timeframes, ranging from 0.69 to 0.71 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ROMO vs. USVM — Risk / Return Rank
ROMO
USVM
ROMO vs. USVM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). 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.
| ROMO | USVM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 3.71 | -2.38 |
| Martin ratioReturn relative to average drawdown | 4.67 | 13.98 | -9.31 |
Loading charts...
Drawdowns
ROMO vs. USVM - Drawdown Comparison
The maximum ROMO drawdown since its inception was -28.66%, smaller than the maximum USVM drawdown of -42.38%. Use the drawdown chart below to compare losses from any high point for ROMO and USVM.
Loading charts...
Drawdown Indicators
| ROMO | USVM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.66% | -42.38% | +13.72% |
Max Drawdown (1Y)Largest decline over 1 year | -11.16% | -8.36% | -2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -14.09% | -24.34% | +10.25% |
Max Drawdown (5Y)Largest decline over 5 years | -20.26% | -25.27% | +5.01% |
Current DrawdownCurrent decline from peak | -1.90% | -0.92% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -7.81% | -0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.21% | +0.96% |
Volatility
ROMO vs. USVM - Volatility Comparison
Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) has a higher volatility of 3.92% compared to VictoryShares US Small Mid Cap Value Momentum ETF (USVM) at 3.46%. This indicates that ROMO's price experiences larger fluctuations and is considered to be riskier than USVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ROMO | USVM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.92% | 3.46% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 11.91% | 10.86% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.08% | 14.83% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.16% | 19.57% | -7.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.46% | 21.91% | -7.45% |
ROMO vs. USVM - Expense Ratio Comparison
ROMO has a 0.82% expense ratio, which is higher than USVM's 0.29% expense ratio.
Dividends
ROMO vs. USVM - Dividend Comparison
ROMO's dividend yield for the trailing twelve months is around 8.37%, more than USVM's 1.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ROMO Strategy Shares Newfound/ReSolve Robust Momentum ETF | 8.37% | 8.87% | 0.76% | 2.42% | 0.77% | 0.56% | 0.97% | 0.58% | 0.00% | 0.00% |
USVM VictoryShares US Small Mid Cap Value Momentum ETF | 1.83% | 1.84% | 1.75% | 1.63% | 1.43% | 0.70% | 1.21% | 1.77% | 1.43% | 0.65% |
Frequently Asked Questions
ROMO and USVM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROMO has higher volatility (3.92%) compared to USVM (3.46%). In terms of maximum drawdown, ROMO dropped -28.66% vs USVM's -42.38%.
On 5-year performance, USVM leads with 11.31% vs 6.34% for ROMO. On fees, USVM is cheaper at 0.29% per year. On volatility, USVM has been the lower-risk option at 3.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USVM has performed better with a 11.31% return vs 6.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USVM is cheaper with a 0.29% expense ratio, compared with 0.82% for ROMO.
ROMO has the higher dividend yield at 8.37%, compared with 1.83% for USVM.
ROMO tracks Newfound/ReSolve Robust Equity Momentum Index, while USVM tracks Nasdaq Victory US Small Mid Cap Value Momentum Index. They also come from different issuers: Rational Capital LLC and Victory Capital. Their fees differ too: 0.82% for ROMO and 0.29% for USVM.
USVM currently has the higher Sharpe Ratio (2.09 vs 1.06), 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.
Find the right allocation for ROMO and USVM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer