ROMO vs SPY
Strategy Shares Newfound/ReSolve Robust Momentum ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ROMO or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ROMO | SPY |
|---|---|---|
| Expense Ratio | 0.87% | 0.09%Best |
| AUM | $27M | $804.7B |
| Dividend Yield | 2.29% | 0.98% |
| Holdings | 6 | 505 |
| YTD Return | +7.87% | +12.99%Best |
| 1Y Return | +2.48% | +16.73%Best |
| 3Y Return (annualized) | +12.26% | +22.52%Best |
| 5Y Return (annualized) | +4.62% | +13.07%Best |
| Volatility (annualized) | 12.8%Best | 16.8% |
| Max Drawdown | -28.7%Best | -34.1% |
| $10,000 over 5 years | $12,534 | $18,481Best |
| Top 10 Weight | - | 37.8% |
| Fund Family | STRATEGY SHARES | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Nov 1, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Nov 4, 2019 to Sep 23, 2026 (6.9 years).
ROMO vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.9 years both funds cover.
ROMO vs SPY Performance
Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) is an ETF from STRATEGY SHARES and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ROMO returned +2.48% while SPY returned +16.73%. Year to date, ROMO is up 7.87% versus a gain of 12.99% for SPY.
Over three years, ROMO compounded at +12.26% per year against +22.52% for SPY; over five years the annualized figures are +4.62% and +13.07% respectively. Across the full 7-year window we track, SPY has the edge at +15.46% annualized vs +5.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 12.8% for ROMO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -28.7% for ROMO and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ROMO charges 0.87% per year while SPY charges 0.09%. On a $10,000 position that is $87 vs $9 annually, a gap of $78 per year that compounds over a long holding period. On income, ROMO currently yields 2.29% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 5 holdings in ROMO and 504 in SPY, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5 positions we hold weights for in ROMO and 504 in SPY, against full books of 6 and 505.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for ROMO (99.3% of the fund), and 5 for ROMO that do not appear in SPY (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ROMO and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ROMO or SPY?
ROMO has an expense ratio of 0.87% while SPY charges 0.09%. SPY is the cheaper option, by $78 a year on a $10,000 investment.
Which performed better, ROMO or SPY?
Over the past year ROMO returned +2.48% vs +16.73% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (7 years), ROMO annualized +5.51% vs +15.46% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ROMO or SPY?
SPY has been the more volatile fund at 16.8% annualized versus 12.8% for ROMO. Worst drawdown: ROMO -28.7% vs SPY -34.1%.
Should I hold both ROMO and SPY?
ROMO and SPY have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ROMO or SPY?
ROMO yields 2.29% while SPY yields 0.98%, so ROMO currently pays the higher dividend yield.
Is SPY better than ROMO?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.