ETF Evaluator:
Arrow Valtoro ETF ()
Follow This ETF
(as of Aug 25)
Best Performing in Digital Assets Over the Last Year
| 1090.2% | Grayscale Zcash Trust (ZEC) (ZCSH) |
| 112.1% | ProShares UltraShort Bitcoin ETF (SBIT) |
| 35.7% | ProShares Short Ether ETF (SETH) |
| 12.3% | Simplify US Equity PLUS Bitcoin Stgy ETF (SPBC) |
| 10.8% | Proshares UltraShort Ether ETF (ETHD) |
Risk
Index
Risk
Index
ETF Details
Arrow Valtoro ETF Overview
Arrow Valtoro ETF (ORO) is an actively managed Miscellaneous Digital Assets exchange-traded fund (ETF). Arrow Funds launched the ETF in 2025.
The investment seeks capital gains.
The fund manager seeks to capture upside participation in Bitcoin futures while limiting downside risk and volatility through tactical exposure to instruments lined to Bitcoin futures, gold futures,and cash equivalents. The advisor uses quantitative research that follows the methods of the AI Tactical Bitcoin Index to determine the anticipated rise and fall of Bitcoin and Gold value.
About Arrow Valtoro ETF (ORO)
There are 3 members of the management team with an average tenure of 0.79 years: Jonathan Guyer (2025), Joseph Barrato (2025) and Griffin Robinette (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Arrow Valtoro ETF has 1 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Arrow Valtoro ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Arrow Valtoro ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Arrow Valtoro ETF has 100.0% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $564 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ORO Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Arrow Valtoro ETF expense ratio is high compared to funds in the Digital Assets category. Arrow Valtoro ETF has an expense ratio of 1.25%, which is 29% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Arrow Valtoro ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 82% for the Digital Assets category.
Recently, in the month of July 2026, Arrow Valtoro ETF returned 0.8%, which earned it a grade of D, as the Digital Assets category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Arrow Valtoro ETF has a trailing yield of 0.00%, which is below the 15.12% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Arrow Valtoro ETF Grades
Year to date, the ETF has returned -0.8%, 30.0 percentage points better than the category, which translates into a grade of A.
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ORO Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ORO Return (NAV) | 0.8% | -9.1% | na | na | na | na |
| ORO Return (Price) | 0.9% | -9.1% | na | na | na | na |
| NAV +/- Price Return | -0.109% | -0.002% | na | na | na | na |
| Digital Assets Avg | 2.9% | -16.7% | -32.2% | 6.2% | -17.1% | 54.9% |
| ORO Grade (NAV) | D | B | na | na | na | na |
| +/- Category (NAV) | -2.2% | 7.6% | na | na | na | na |
| ORO Tax-Cost Ratio | na | na | na | na | na | na |
ORO Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ORO Return (NAV) | -0.8% | na | na | na | na | na | na | na | na | na | na |
| ORO Return (Price) | 0.7% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -1.857% | na | na | na | na | na | na | na | na | na | na |
| Digital Assets Avg | -30.7% | -9.9% | 65.8% | 127.8% | -72.3% | 199.4% | 175.1% | 11.8% | -81.4% | 1391.4% | 119.9% |
| ORO Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 30.0% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 3 Mil |
| Share Class Assets: | $ 3 Mil |
| Turnover: | na |
| Expense Ratio: | 1.25% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.8 years | |||
| Average Tenure: 0.8 years | |||
| Managers (Year): Guyer Jonathan (2025), Barrato Joseph (2025), Robinette Griffin (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 1 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 100.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Arrow Funds |
| Phone Number: | 877-277-6933 |
| Website: | |
| Inception Date: | October 16, 2025 |
Expenses and Fees
| Expense Ratio (%): | 1.25% (Rating: High) |
| Category Average Expense Ratio (%): | 0.97% |
