ROMO vs SPY
ROMO vs SPY
Strategy Shares Newfound/ReSolve Robust Momentum ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | ROMO | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.87% | 0.09% | |
| AUM | $25M | $789.1B | |
| Dividend Yield | 2.41% | 1.01% | |
| Holdings | 4 | 505 | |
| YTD Return | +9.63% | +13.79% | |
| 1Y Return | +8.65% | +23.66% | |
| 3Y Return (annualized) | +11.50% | +21.40% | |
| 5Y Return (annualized) | +5.18% | +13.37% | |
| Volatility (annualized) | 12.9% | 15.3% | |
| Max Drawdown | -28.7% | -56.5% | |
| Fund Family | STRATEGY SHARES | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2019 | Jan 22, 1993 |
ROMO vs SPY Performance
Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) is a ETF from STRATEGY SHARES and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year ROMO returned +8.65% while SPY returned +23.66%. Year to date, ROMO is up 9.63% versus a gain of 13.79% for SPY.
Over three years, ROMO compounded at +11.50% per year against +21.40% for SPY; over five years the annualized figures are +5.18% and +13.37% respectively. Across the full 7-year window we track, SPY has the edge at +8.85% annualized vs +5.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.9% 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 -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 2.41% against 1.01% for SPY.
Holdings Overlap
ROMO and SPY share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $78 per year of difference.
Which performed better, ROMO or SPY?
Over the past year ROMO returned +8.65% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (7 years), ROMO annualized +5.88% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, ROMO or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 12.9% for ROMO. Worst drawdown: ROMO -28.7% vs SPY -56.5%.
Should I hold both ROMO and SPY?
ROMO and SPY have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ROMO and SPY?
ROMO and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, ROMO or SPY?
ROMO yields 2.41% while SPY yields 1.01%, so ROMO currently pays the higher dividend yield.
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