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AADR vs. SPMO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AADR and SPMO is 0.59, 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.


-0.50.00.51.00.6

Performance

AADR vs. SPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco S&P 500® Momentum ETF (SPMO). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
12.64%
10.98%
AADR
SPMO

Key characteristics

Sharpe Ratio

AADR:

1.60

SPMO:

2.72

Sortino Ratio

AADR:

2.14

SPMO:

3.54

Omega Ratio

AADR:

1.29

SPMO:

1.48

Calmar Ratio

AADR:

1.55

SPMO:

3.76

Martin Ratio

AADR:

8.97

SPMO:

15.40

Ulcer Index

AADR:

3.19%

SPMO:

3.21%

Daily Std Dev

AADR:

17.86%

SPMO:

18.17%

Max Drawdown

AADR:

-45.01%

SPMO:

-30.95%

Current Drawdown

AADR:

-3.63%

SPMO:

-3.16%

Returns By Period

In the year-to-date period, AADR achieves a 25.04% return, which is significantly lower than SPMO's 46.40% return.


AADR

YTD

25.04%

1M

2.83%

6M

13.80%

1Y

26.39%

5Y*

6.75%

10Y*

7.74%

SPMO

YTD

46.40%

1M

0.06%

6M

9.58%

1Y

47.42%

5Y*

19.45%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AADR vs. SPMO - Expense Ratio Comparison

AADR has a 1.10% expense ratio, which is higher than SPMO's 0.13% expense ratio.


AADR
AdvisorShares Dorsey Wright ADR ETF
Expense ratio chart for AADR: current value at 1.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.10%
Expense ratio chart for SPMO: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

AADR vs. SPMO - 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 500® Momentum ETF (SPMO). 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.


Sharpe ratio
The chart of Sharpe ratio for AADR, currently valued at 1.60, compared to the broader market0.002.004.001.602.72
The chart of Sortino ratio for AADR, currently valued at 2.14, compared to the broader market-2.000.002.004.006.008.0010.002.143.54
The chart of Omega ratio for AADR, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.001.291.48
The chart of Calmar ratio for AADR, currently valued at 1.55, compared to the broader market0.005.0010.0015.001.553.76
The chart of Martin ratio for AADR, currently valued at 8.97, compared to the broader market0.0020.0040.0060.0080.00100.008.9715.40
AADR
SPMO

The current AADR Sharpe Ratio is 1.60, which is lower than the SPMO Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of AADR and SPMO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.60
2.72
AADR
SPMO

Dividends

AADR vs. SPMO - Dividend Comparison

AADR's dividend yield for the trailing twelve months is around 1.56%, more than SPMO's 0.28% yield.


TTM20232022202120202019201820172016201520142013
AADR
AdvisorShares Dorsey Wright ADR ETF
1.56%0.74%3.65%0.92%0.11%0.58%0.75%0.74%0.58%0.81%0.49%0.34%
SPMO
Invesco S&P 500® Momentum ETF
0.28%1.63%1.66%0.52%1.27%1.39%1.05%0.77%1.94%0.36%0.00%0.00%

Drawdowns

AADR vs. SPMO - Drawdown Comparison

The maximum AADR drawdown since its inception was -45.01%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for AADR and SPMO. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.63%
-3.16%
AADR
SPMO

Volatility

AADR vs. SPMO - Volatility Comparison

AdvisorShares Dorsey Wright ADR ETF (AADR) has a higher volatility of 5.85% compared to Invesco S&P 500® Momentum ETF (SPMO) at 5.12%. This indicates that AADR's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.85%
5.12%
AADR
SPMO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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