Key stats
About Strategy Shares Newfound/ReSolve Robust Momentum ETF
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Inception date
Nov 1, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rational Advisors, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US86280R8869
ROMO tracks an index that uses a quantitative, rules-based methodology to tilt exposure to global equities or U.S. Treasury based on momentum and multiple trend-following signals. The index can include one to five ETFs that represent U.S., developed and emerging market equities as well as short- and intermediate-term U.S. Treasury bonds. The ETFs exhibiting the strongest momentum and positive trend-following characteristics relative to Treasury securities are allocated more weight. ROMO may hold 100% exposure to developed market equity ETFs, while emerging market exposure is capped at 25%. The fund could shift 100% exposure to Treasury ETFs when the momentum and trend factors for the equity ETFs are negative relative to the U.S. Treasury market. The index is rebalanced every week and reconstituted annually in December.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.70%
Cash0.30%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ROMO top holdings are iShares Core MSCI EAFE ETF and iShares Core S&P 500 ETF, occupying 69.48% and 29.88% of the portfolio correspondingly.
ROMO last dividends amounted to 0.24 USD. The year before, the issuer paid 0.64 USD in dividends, which shows a 166.77% decrease.
ROMO assets under management is 27.83 M USD. It's risen 4.70% over the last month.
ROMO fund flows account for −12.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ROMO pays dividends to its holders with the dividend yield of 0.74%. The last dividend (Dec 30, 2024) amounted to 0.24 USD. The dividends are paid annually.
ROMO shares are issued by Rational Advisors, Inc. under the brand Strategy Shares. The ETF was launched on Nov 1, 2019, and its management style is Passive.
ROMO expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
ROMO follows the Newfound/ReSolve Robust Equity Momentum Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ROMO invests in funds.
ROMO price has risen by 3.10% over the last month, and its yearly performance shows a 6.12% increase. See more dynamics on ROMO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.06% over the last month, showed a 5.00% increase in three-month performance and has increased by 7.90% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.06% over the last month, showed a 5.00% increase in three-month performance and has increased by 7.90% in a year.
ROMO trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.