ROE: ASTORIA US EQUAL WEIGHT QUALITY KINGS ETF
What this ETF is trying to do
The ASTORIA US EQUAL WEIGHT QUALITY KINGS ETF (Ticker: ROE) is an exchange-traded fund (ETF) that invests in a variety of different companies. It currently holds 103 different assets. Because it is an "equal weight" fund, it aims to give similar importance to the various companies it owns rather than putting most of its money into just one or two large names.
What the numbers show
To understand how this ETF has performed, we look at two different types of measurements: price return and total return.
• Price Return: This measures only the change in the share price. Over the last year, the one-year price return was approximately 25.90%. For the current year so far (YTD), the price return is about 22.73%.
• Total Return: This reflects the overall return, which includes both the share-price change and any distributions provided by the fund. The one-year total return was approximately 27.40%, and the YTD total return is about 23.33%.
Looking at a longer timeframe, the three-year price return was approximately 84.55%, while the three-year total return was approximately 90.99%.
To put this into perspective using an estimated price from roughly one year ago: if you had invested $10,000 when the price was approximately $34.38 per share, your investment would be worth approximately $12,567 today based on the share-price change alone (at a current price of $43.29).
Income and distribution explanation
This ETF has a distribution yield of approximately 0.99%. This number describes the cash distributions the fund pays out relative to its price. These distributions usually happen quarterly, meaning four times a year. It is important for new investors to know that a distribution yield does not automatically mean the total return will be high, and it does not guarantee that the original investment value will stay the same.
NAV erosion explanation
StockValueFinder uses an "erosion-risk score" to help investors understand if the fund's underlying value is dropping over time. This process is called NAV erosion. For this ETF, the erosion score is 100, and the label states "No price erosion detected." The severity rating for this risk is "good," which suggests that the fund has not shown signs of losing its core value while making distributions.
Pros
• The fund has shown positive growth in both share-price movement and total return over one year and three years.
• It has a good erosion score with no detected price erosion.
Cons
• The distribution yield is relatively low at 0.99%.
Beginner takeaway
This ETF holds a large variety of companies and has shown steady growth in its share price over the last few years. While it provides regular distributions, most of its performance comes from the increase in the value of the shares themselves rather than high cash payouts.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | PLTR | 1.24% |
| 2 | APPLE INC | AAPL | 1.20% |
| 3 | FOX CORP CLASS A | FOXA | 1.18% |
| 4 | META PLATFORMS INC CLASS A | META | 1.18% |
| 5 | ADOBE INC | ADBE | 1.17% |
| 6 | AMERIPRISE FINANCIAL INC | AMP | 1.15% |
| 7 | THE TRAVELERS COMPANIES INC | TRV | 1.15% |
| 8 | MICROSOFT CORP | MSFT | 1.13% |
| 9 | DOMINO'S PIZZA INC | DPZ | 1.12% |
| 10 | EXXONMOBIL HOLDINGS CORP | XOM | 1.12% |