UDI vs. ROE

Last updated Jun 24, 2026

UDI (USCF ESG Dividend Income Fund) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, UDI returned 23.60% vs 35.20% for ROE. A 0.69 correlation means they provide meaningful diversification when combined. UDI charges 0.65%/yr vs 0.49%/yr for ROE.

Performance

UDI vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF ESG Dividend Income Fund (UDI) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UDI achieves a 12.00% return, which is significantly lower than ROE's 19.29% return.

UDI

• 1D: 0.64%
• 1M: 1.33%
• YTD: 12.00%
• 6M: 11.67%
• 1Y: 23.60%
• 3Y*: 17.17%
• 5Y*: —
• 10Y*: —

ROE

• 1D: -2.17%
• 1M: 2.62%
• YTD: 19.29%
• 6M: 17.72%
• 1Y: 35.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UDI vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UDI USCF ESG Dividend Income Fund	12.00%	14.23%	17.07%	2.41%
ROE Astoria US Equal Weight Quality Kings ETF	19.29%	17.20%	18.34%	4.31%

Correlation

The correlation between UDI and ROE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.69

Over the past year, the correlation between UDI and ROE has dropped to 0.49 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

UDI vs. ROE - Sectors Allocation Comparison

Sectors	UDI	ROE
Financial Services	28.3%	10.6%
Healthcare	16.6%	8.1%
Energy	11.4%	3.3%
Real Estate	10.2%	1.8%
Utilities	8.1%	2.0%
Technology	7.9%	40.3%
Communication Services	5.0%	10.4%
Basic Materials	4.1%	1.7%
Consumer Defensive	4.0%	4.3%
Industrials	2.5%	8.7%
Consumer Cyclical	2.1%	8.9%

Return for Risk

UDI vs. ROE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UDI

UDI Risk / Return Rank: 81
UDI Sharpe Ratio Rank: 80
UDI Sortino Ratio Rank: 82
UDI Omega Ratio Rank: 75
UDI Calmar Ratio Rank: 84
UDI Martin Ratio Rank: 84

ROE

ROE Risk / Return Rank: 81
ROE Sharpe Ratio Rank: 80
ROE Sortino Ratio Rank: 77
ROE Omega Ratio Rank: 77
ROE Calmar Ratio Rank: 82
ROE Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UDI vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) and Astoria US Equal Weight Quality Kings ETF (ROE). 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.

	UDI	ROE	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.39	-0.08
Sortino ratio: Return per unit of downside risk	3.29	3.17	+0.12
Omega ratio: Gain probability vs. loss probability	1.40	1.42	-0.02
Calmar ratio: Return relative to maximum drawdown	4.19	4.09	+0.11
Martin ratio: Return relative to average drawdown	15.83	17.99	-2.16

UDI vs. ROE - Sharpe Ratio Comparison

The current UDI Sharpe Ratio is 2.31, which is comparable to the ROE Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of UDI and ROE, 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

UDI vs. ROE - Drawdown Comparison

The maximum UDI drawdown since its inception was -14.17%, smaller than the maximum ROE drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for UDI and ROE.

Drawdown Indicators

	UDI	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-19.10%	+4.93%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-8.66%	+3.00%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	—	—
Current Drawdown Current decline from peak	-1.02%	-2.17%	+1.15%
Average Drawdown Average peak-to-trough decline	-3.07%	-2.57%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	1.96%	-0.47%

Volatility

UDI vs. ROE - Volatility Comparison

The current volatility for USCF ESG Dividend Income Fund (UDI) is 3.37%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 6.40%. This indicates that UDI experiences smaller price fluctuations and is considered to be less risky than ROE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDI	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	6.40%	-3.03%
Volatility (6M) Calculated over the trailing 6-month period	7.17%	11.76%	-4.59%
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	14.84%	-4.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	15.99%	-1.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	15.99%	-1.97%

UDI vs. ROE - Expense Ratio Comparison

UDI has a 0.65% expense ratio, which is higher than ROE's 0.49% expense ratio.

Dividends

UDI vs. ROE - Dividend Comparison

UDI's dividend yield for the trailing twelve months is around 2.44%, more than ROE's 0.95% yield.

Position	TTM	2025	2024	2023	2022
ROE Astoria US Equal Weight Quality Kings ETF	0.95%	0.97%	1.18%	0.68%	0.00%
UDI USCF ESG Dividend Income Fund	2.44%	2.42%	5.33%	2.61%	1.79%

Frequently Asked Questions

Can I hold both UDI and ROE in my portfolio?

UDI and ROE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDI or ROE?

ROE has higher volatility (6.40%) compared to UDI (3.37%). In terms of maximum drawdown, UDI dropped -14.17% vs ROE's -19.10%.

Which ETF is better, UDI or ROE?

On 1-year performance, ROE leads with 35.20% vs 23.60% for UDI. On fees, ROE is cheaper at 0.49% per year. On volatility, UDI has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDI or ROE?

Over the 1-year period, ROE has performed better with a 35.20% return vs 23.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDI or ROE?

ROE is cheaper with a 0.49% expense ratio, compared with 0.65% for UDI.

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

UDI has the higher dividend yield at 2.44%, compared with 0.95% for ROE.

What is the main difference between UDI and ROE?

They also come from different issuers: USCF Advisers and Astoria. Their fees differ too: 0.65% for UDI and 0.49% for ROE.

Which has better risk-adjusted returns?

ROE currently has the higher Sharpe Ratio (2.39 vs 2.31), 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.