AADR vs. IDMO
Compare and contrast key facts about AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco S&P International Developed Momentum ETF (IDMO).
AADR and IDMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AADR is an actively managed fund by AdvisorShares. It was launched on Jul 20, 2010. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AADR or IDMO.
Key characteristics
| AADR | IDMO | |
|---|---|---|
| YTD Return | 9.13% | 10.09% |
| 1Y Return | 32.12% | 26.57% |
| 3Y Return (Ann) | -0.59% | 9.27% |
| 5Y Return (Ann) | 7.04% | 13.23% |
| 10Y Return (Ann) | 6.22% | 7.80% |
| Sharpe Ratio | 1.85 | 1.99 |
| Daily Std Dev | 16.98% | 13.36% |
| Max Drawdown | -45.01% | -39.37% |
| Current Drawdown | -6.90% | -4.39% |
Correlation
The correlation between AADR and IDMO is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AADR vs. IDMO - Performance Comparison
In the year-to-date period, AADR achieves a 9.13% return, which is significantly lower than IDMO's 10.09% return. Over the past 10 years, AADR has underperformed IDMO with an annualized return of 6.22%, while IDMO has yielded a comparatively higher 7.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AADR vs. IDMO - Expense Ratio Comparison
AADR has a 1.10% expense ratio, which is higher than IDMO's 0.25% expense ratio.
Risk-Adjusted Performance
AADR vs. IDMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco S&P International Developed Momentum ETF (IDMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AADR vs. IDMO - Dividend Comparison
AADR's dividend yield for the trailing twelve months is around 0.71%, less than IDMO's 2.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AADR AdvisorShares Dorsey Wright ADR ETF | 0.71% | 0.74% | 3.65% | 0.92% | 0.11% | 0.58% | 0.75% | 0.74% | 0.58% | 0.81% | 0.49% | 0.34% |
IDMO Invesco S&P International Developed Momentum ETF | 2.39% | 2.89% | 3.66% | 1.81% | 1.63% | 2.10% | 3.27% | 3.08% | 2.18% | 2.52% | 2.19% | 1.70% |
Drawdowns
AADR vs. IDMO - Drawdown Comparison
The maximum AADR drawdown since its inception was -45.01%, which is greater than IDMO's maximum drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for AADR and IDMO. For additional features, visit the drawdowns tool.
Volatility
AADR vs. IDMO - Volatility Comparison
AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco S&P International Developed Momentum ETF (IDMO) have volatilities of 4.67% and 4.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.