Astoria US Equal Weight Quality Kings ETF
ROE
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 500 7th Ave, 9th Floor New York NY United States of America 10018
- IPO Date
- Aug 1, 2023
- Website
- astoriaadvisorsetfs.com
- Similar Companies
- Business
- Astoria US Equal Weight Quality Kings ETF (ROE) is an exchange-traded fund that employs an equal-weighted strategy to invest in high-quality U.S. companies identified as sector leaders or "kings" based on proprietary quality metrics including profitability, earnings growth, and financial stability; it offers investors exposure to approximately 100 such equities across diverse sectors such as technology, healthcare, consumer discretionary, and industrials, with holdings rebalanced quarterly to maintain equal weighting and minimize concentration risk. The ETF provides daily liquidity on major U.S. exchanges, low expense ratio management, and tax-efficient structure typical of passively managed funds tracking custom indices. Astoria Portfolio Advisors, the fund sponsor founded in 2016 and headquartered in New York, manages ROE as part of its suite of smart beta ETFs focused on quality and momentum factors for long-term capital appreciation. ROE operates primarily in the U.S. equity market, targeting institutional and retail investors seeking differentiated large-cap exposure beyond traditional cap-weighted indices like the S&P 500. In 2024, Astoria launched enhancements to its quality kings methodology, incorporating advanced ESG filters and AI-driven quality scoring to adapt to evolving market dynamics and investor preferences for sustainable leaders; the fund also completed a strategic seed capital raise from institutional partners to support assets under management growth exceeding $500 million by late 2025. No major acquisitions or name changes have occurred recently, but Astoria announced expanded distribution partnerships with prominent platforms like Charles Schwab and Fidelity in early 2025 to broaden retail access.