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ROMO vs WAMA

Strategy Shares Newfound/ReSolve Robust Momentum ETF

ROMODCboe

WisdomTree US Adaptive Moving Average Fund

WAMAANasdaq

Overlap

Expense ratio

WAMA −0.59pt a year

ROMO0.92%WAMA0.33%

Avg volume · 30D

WAMA 5.5×the volume

ROMO2.23KWAMA12.4K

ROMO vs WAMA Performance

Jul 31, 2026 – Oct 30, 2026

−1.4%ROMO+1.3%WAMA

Jul 31, 2026 to Oct 30, 2026. ROMO −1.4%. WAMA +1.3%. Use the arrow keys to read each point.0%2%3%4%Jul 2026Sep 2026Oct 2026
Expense ratio
ROMO 0.92%
WAMA 0.33%, better
Fund size
ROMO $25M
WAMA $199M
1Y total return
ROMO +6.0%
WAMA No data
Yield (12M)
ROMO 8.42%
WAMA No data
Holdings
ROMO 6
WAMA 507
Avg volume (30D)
ROMO 2.23K sh
WAMA 12.4K sh, better
NAV per share
ROMO $34.02
WAMA $26.51
52W range

ETF.net Grade

ROMO: Cost 16, Risk 60, Mission not scored, Tradability 36, Holdings 39, Durability 24. WAMA: Cost 100, Risk 84, Mission not scored, Tradability 54, Holdings 69, Durability 62.
Pillar letters and Scores for ROMO, WAMA, with each pillar’s weight
PillarROMOWAMA
Cost30% weightF16A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightB60A84Higher
Tradability15% weightD36C54Higher
Holdings10% weightD39B69Higher
Durability5% weightF24B62Higher

Rank among Trend-Following / Tactical Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ROMO and WAMA are both graded against the same 20 Trend-Following / Tactical Index funds, so their Grades compare head to head.

Trend-Following / Tactical Index⁠

Category · 20 funds
See all 20 ›

WAMA ranks 1st and ROMO 15th of 20 funds in the Trend-Following / Tactical Index Category.

  1. Rank 1AWAMAWisdomTree US Adaptive Moving Average FundScore 80
  2. Rank 2APTLCPacer Trendpilot US Large Cap ETFScore 76
  3. Rank 15DIFVFirst Trust Dorsey Wright International Focus 5 ETFScore 32
  4. Rank 15DROMOStrategy Shares Newfound/ReSolve Robust Momentum ETFScore 32
  5. Rank 17DFFTYCapForce IBD 50 ETFScore 30

Our read on each fund

ETF.net Research

ROMODStrategy Shares Newfound/ReSolve Robust Momentum ETF

WAMAAWisdomTree US Adaptive Moving Average Fund

In short

ROMO Most trend funds flip one switch on one moving average. ROMO's index lets a crowd of simple momentum and trend models vote, then shifts weekly in small steps, rotating among US, developed and emerging market equity ETFs or Treasuries as the votes change.

WAMA No data

Stated mandate

ROMO The Fund seeks pre-fee, pre-expense returns corresponding to the Newfound/ReSolve Robust Equity Momentum Index. It uses passive indexing to track that index.

WAMA No data

Why people hold it

  • ROMO No single moving average calls the shot: many simple momentum and trend models vote, and each holding's weight tracks its share of the votes.solactive.comthinknewfound.com
  • Signals come from four momentum calculations run across lookbacks from roughly one month to 18 months, so one parameter choice does not drive the portfolio.thinknewfound.com
  • Signals update weekly but are only partly implemented, so the equity dial turns in increments instead of flipping all in or all out.thinknewfound.comsolactive.com
  • The map is global: US, developed international and emerging market equity ETFs, with US Treasury ETFs when equity trends go negative. Live since 2019.solactive.com

WAMA No data

Worth knowing

  • ROMO Costs 0.92% net of a waiver through August 31, 2027 (1.29% gross), above the category median across 20 funds. Trend peers WAMA (0.32%) and ONOF (0.39%) charge less.
  • Gradual moves cut both ways: the index can stay partly invested through a selloff and partly defensive into a rebound.thinknewfound.comsolactive.com
  • A small fund that trades lightly, so spreads and premium or discount gaps can run wider than at the category's heavyweights. It also owns ETFs, layering fund costs.sec.gov

WAMA No data

Full ROMO profile⁠

Full WAMA profile⁠

ROMO vs WAMA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ROMO vs WAMA Cost

Overpaying ROMO vs WAMA

$10,636

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ROMO 0.92%

    $17,373

  • WAMA 0.33%

    $6,737

$10,000
30 years

Cost over time

  • ROMO 0.92%
  • WAMA 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ROMO $17,373WAMA $6,737

Year by year

YearROMOWAMAOverpaying
10$1,627$598$1,029
20$6,138$2,318$3,820
30$17,373$6,737$10,636

Expense ratio

  • 0.92%ROMO
  • 0.33%WAMA, cheaper
  • Middle half of Trend-Following / Tactical Index funds
  • Median 0.67%

WAMA cheapest of 20 funds

ROMO 17th cheapest of 20 funds

ROMO vs WAMA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ROMO 8.42%
WAMA No data
Payout (12M)
ROMO $2.82
WAMA No data
Last payment
ROMO $2.82
WAMA $0.05
Ex-dividend
ROMO Dec 29, 2025
WAMA Sep 25, 2026
Paid on
ROMO Dec 30, 2025
WAMA Sep 29, 2026
Frequency
ROMO Annual
WAMA Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

ROMOAnnual · 7 paymentsAll ROMO payments⁠
One bar per payment. 7 payments from 2019 to 2026 YTD. Dec 27, 2019 $0.15; Dec 29, 2020 $0.24; Dec 29, 2021 $0.17; Dec 28, 2022 $0.19; Dec 27, 2023 $0.64; Dec 27, 2024 $0.24; Dec 29, 2025 $2.82. Use the arrow keys to read each point.$0$2.50202020232026YTD
WAMAQuarterly · 2 paymentsAll WAMA payments⁠
One bar per payment. 2 payments from 2019 to 2026 YTD. Jun 25, 2026 $0.11; Sep 25, 2026 $0.05. Use the arrow keys to read each point.$0$2.50202020232026YTD

ROMO vs WAMA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ROMO 10.4%WAMA No data
Return per unit of riskSharpe ratio, 3 years
ROMO 0.99WAMA No data
Worst fallMax drawdown, 5 years
ROMO −20.3%WAMA No data
Market sensitivityBeta, 5 years
ROMO 1.04WAMA 0.59

ROMO and WAMA in the news

All news⁠

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