VLU vs. ROE

Last updated Jun 4, 2026

VLU (SPDR S&P 1500 Value Tilt ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. VLU is passively managed, while ROE is actively managed. Over the past year, VLU returned 29.22% vs 37.99% for ROE. Their correlation of 0.88 suggests significant overlap in exposure. VLU charges 0.12%/yr vs 0.49%/yr for ROE.

Performance

VLU vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P 1500 Value Tilt ETF (VLU) 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, VLU achieves a 12.99% return, which is significantly lower than ROE's 20.98% return.

VLU

• 1D: -0.49%
• 1M: 3.04%
• YTD: 12.99%
• 6M: 13.61%
• 1Y: 29.22%
• 3Y*: 20.61%
• 5Y*: 11.91%
• 10Y*: 13.99%

ROE

• 1D: -0.04%
• 1M: 8.10%
• YTD: 20.98%
• 6M: 21.56%
• 1Y: 37.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VLU vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VLU SPDR S&P 1500 Value Tilt ETF	12.99%	16.70%	17.24%	5.08%
ROE Astoria US Equal Weight Quality Kings ETF	20.98%	17.20%	18.34%	4.29%

Correlation

The correlation between VLU and ROE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Aug 2, 2023	0.88

The correlation between VLU and ROE has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

VLU vs. ROE - Sectors Allocation Comparison

Sectors	VLU	ROE
Financial Services	18.8%	11.7%
Technology	17.8%	36.1%
Healthcare	11.7%	8.7%
Consumer Cyclical	10.4%	9.4%
Communication Services	8.8%	10.6%
Industrials	8.2%	9.8%
Consumer Defensive	7.4%	4.7%
Energy	7.2%	3.5%
Utilities	3.6%	1.9%
Real Estate	3.4%	1.9%
Basic Materials	2.6%	1.8%

Return for Risk

VLU vs. ROE — Risk / Return Rank

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

VLU

VLU Risk / Return Rank: 83
VLU Sharpe Ratio Rank: 82
VLU Sortino Ratio Rank: 83
VLU Omega Ratio Rank: 81
VLU Calmar Ratio Rank: 84
VLU Martin Ratio Rank: 86

ROE

ROE Risk / Return Rank: 83
ROE Sharpe Ratio Rank: 84
ROE Sortino Ratio Rank: 82
ROE Omega Ratio Rank: 80
ROE Calmar Ratio Rank: 83
ROE Martin Ratio Rank: 89

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.

VLU vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) 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.

	VLU	ROE	Difference
Sharpe ratio: Return per unit of total volatility	2.70	2.74	-0.04
Sortino ratio: Return per unit of downside risk	3.78	3.69	+0.09
Omega ratio: Gain probability vs. loss probability	1.49	1.48	+0.01
Calmar ratio: Return relative to maximum drawdown	4.63	4.41	+0.22
Martin ratio: Return relative to average drawdown	18.56	19.92	-1.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VLU vs. ROE - Sharpe Ratio Comparison

The current VLU Sharpe Ratio is 2.70, which is comparable to the ROE Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of VLU 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.

Sharpe Ratios by Period

	VLU	ROE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	2.74	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.39	-0.57

Drawdowns

VLU vs. ROE - Drawdown Comparison

The maximum VLU drawdown since its inception was -37.39%, which is greater than ROE's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for VLU and ROE.

Drawdown Indicators

	VLU	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-37.39%	-19.10%	-18.29%
Max Drawdown (1Y) Largest decline over 1 year	-6.34%	-8.66%	+2.32%
Max Drawdown (3Y) Largest decline over 3 years	-16.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.39%	—	—
Current Drawdown Current decline from peak	-0.49%	-0.04%	-0.45%
Average Drawdown Average peak-to-trough decline	-3.74%	-2.59%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	1.91%	-0.33%

Volatility

VLU vs. ROE - Volatility Comparison

The current volatility for SPDR S&P 1500 Value Tilt ETF (VLU) is 2.25%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 3.79%. This indicates that VLU 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

	VLU	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	3.79%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	7.70%	10.66%	-2.96%
Volatility (1Y) Calculated over the trailing 1-year period	10.90%	13.94%	-3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.40%	15.78%	-0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.09%	15.78%	+2.31%

VLU vs. ROE - Expense Ratio Comparison

VLU has a 0.12% expense ratio, which is lower than ROE's 0.49% expense ratio.

Dividends

VLU vs. ROE - Dividend Comparison

VLU's dividend yield for the trailing twelve months is around 1.62%, more than ROE's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROE Astoria US Equal Weight Quality Kings ETF	0.94%	0.97%	1.18%	0.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VLU SPDR S&P 1500 Value Tilt ETF	1.62%	1.82%	2.00%	2.02%	2.16%	1.86%	1.98%	2.19%	2.57%	1.96%	2.14%	6.37%

Frequently Asked Questions

Can I hold both VLU and ROE in my portfolio?

VLU and ROE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VLU or ROE?

ROE has higher volatility (3.79%) compared to VLU (2.25%). In terms of maximum drawdown, VLU dropped -37.39% vs ROE's -19.10%.

Which ETF is better, VLU or ROE?

On 1-year performance, ROE leads with 37.99% vs 29.22% for VLU. On fees, VLU is cheaper at 0.12% per year. On volatility, VLU has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VLU or ROE?

Over the 1-year period, ROE has performed better with a 37.99% return vs 29.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VLU or ROE?

VLU is cheaper with a 0.12% expense ratio, compared with 0.49% for ROE.

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

VLU has the higher dividend yield at 1.62%, compared with 0.94% for ROE.

What is the main difference between VLU and ROE?

They also come from different issuers: State Street and Astoria. Their fees differ too: 0.12% for VLU and 0.49% for ROE.

Which has better risk-adjusted returns?

ROE currently has the higher Sharpe Ratio (2.74 vs 2.70), 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.