Paasa Logo
Astoria US Equal Weight Quality Kings ETF logo
ROENASDAQMarket closedOpens 9:30am ET

Astoria US Equal Weight Quality Kings ETF

$43.14Last updated
+$0.29 (0.68%)Past day
Timezone

Astoria US Equal Weight Quality Kings ETF (NASDAQ: ROE) is an exchange-traded fund listed on NASDAQ, trading at $43.14 (about ₹4,138 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.49%. Indian residents can buy ROE through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$42.96
Previous close:$42.85
Volume:8.77K

Today's low

$42.91

Today's high

$43.20

52 week low

$33.11

52 week high

$44.42

ROE opened at $42.96, closed previously at $42.85, and has traded between $33.11 and $44.42 over the past 52 weeks.

About

This ETF is designed to invest in a curated selection of large and mid-capitalization U.S. companies, targeting those that exhibit exceptional quality, favorable valuations, strong dividend prospects, and promising growth indicators across various industries. The fund's strategy emphasizes an equally weighted structure for its holdings, coupled with a deliberate optimization of sector exposure. The sub-adviser employs a unique quantitative screening process to identify potential investments. This rigorous methodology evaluates securities using a range of factors, such as Return on Equity (ROE), Return on Investment (ROI), Price-to-Earnings (P/E) ratios, dividend yields, projected growth estimates, and earnings momentum. Crucially, the fund applies only those metrics deemed most relevant and effective for defining and assessing companies within each specific sector. From this meticulous analysis, 50 to 100 top-performing stocks are chosen based on their weighted average rank across the selected criteria. As an actively managed vehicle, the sub-adviser consistently monitors these investments through a systematic quantitative approach. This ongoing oversight enables the fund to dynamically adjust its positions, leveraging the sub-adviser's expert assessment and discretion to navigate changes in economic conditions, valuations, or corporate earnings. It is also notable that on April 22, 2024, the fund formally incorporated "Equal Weight" into its name.

Issuer
Astoria
Exchange listed on
NASDAQ
Asset class
Equity
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2023
ISIN
US02072L4335

Key statistics

Expense ratio

0.49%

Assets (AUM)

$288.8M

Holdings

—

NAV

$42.85

Avg. volume

—

1-year price change

+26.42%

5-year price change

—

Price change excludes dividends.

Top 10 holdings

1. Palantir Technologies Inc
1.7%
2. Halozyme Therapeutics Inc
1.5%
3. Microsoft Corp
1.4%
4. Tenet Healthcare Corp
1.4%
5. Meta Platforms Inc
1.3%
6. Dell Technologies Inc
1.3%
7. APA Corp
1.3%
8. Hewlett Packard Enterprise Co
1.3%
9. Fox Corp
1.3%
10. Newmont Corp
1.3%

These 10 are 13.8% of the fund.

Where the money is invested

Sectors

Technology
32.1%
Financial Services
12.7%
Communication Services
11.7%
Healthcare
11.5%
Consumer Cyclical
11.0%
Industrials
7.8%

Countries

United States
92.9%
Ireland
1.0%
Luxembourg
1.0%
Sweden
0.9%
Puerto Rico
0.9%
Singapore
0.9%

How to buy ROE from India

Indian residents can buy ROE units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  1. Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Search ROE and buy

    Find the fund by its ticker, ROE, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Read the full guide: how to invest in ROE from India

Trading and taxes when buying ROE from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

What is the ROE price today?

Astoria US Equal Weight Quality Kings ETF (ROE) last traded at $43.14 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹4,138 a unit at the 25 Sep 2026 USD/INR rate.

When does ROE trade, in Indian time?

NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

How big is ROE, and what does it cost to hold?

Astoria US Equal Weight Quality Kings ETF manages about $288.8M. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2023.

What are ROE's largest holdings?

The top three are Palantir Technologies Inc (1.7%), Halozyme Therapeutics Inc (1.5%) and Microsoft Corp (1.4%). ROE's 10 largest positions make up 13.8% of the fund.

Does ROE pay dividends?

Yes. ROE is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.

How are gains on ROE taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

Can I buy fractional units of ROE?

Yes. You can buy ROE by amount rather than by whole unit, and there is no minimum trade size.

How has ROE performed?

ROE's price is up 26.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.