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ABIG vs. MTUM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ABIG vs. MTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Argent Large Cap ETF (ABIG) and iShares MSCI USA Momentum Factor ETF (MTUM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ABIG achieves a 7.21% return, which is significantly lower than MTUM's 30.30% return.


ABIG

1D
0.70%
1M
4.23%
YTD
7.21%
6M
6.33%
1Y
18.99%
3Y*
5Y*
10Y*

MTUM

1D
-1.10%
1M
11.94%
YTD
30.30%
6M
29.99%
1Y
40.55%
3Y*
34.34%
5Y*
14.96%
10Y*
17.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ABIG vs. MTUM - Yearly Performance Comparison


2026 (YTD)2025
ABIG
Argent Large Cap ETF
7.21%16.95%
MTUM
iShares MSCI USA Momentum Factor ETF
30.30%26.18%

Correlation

The correlation between ABIG and MTUM is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.73

Correlation (All Time)
Calculated using the full available price history since Apr 10, 2025

0.75

The correlation between ABIG and MTUM has been stable across timeframes, ranging from 0.73 to 0.75 - a consistent structural relationship.

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Return for Risk

ABIG vs. MTUM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABIG
ABIG Risk / Return Rank: 3737
Overall Rank
ABIG Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
ABIG Sortino Ratio Rank: 4141
Sortino Ratio Rank
ABIG Omega Ratio Rank: 4040
Omega Ratio Rank
ABIG Calmar Ratio Rank: 2929
Calmar Ratio Rank
ABIG Martin Ratio Rank: 3434
Martin Ratio Rank

MTUM
MTUM Risk / Return Rank: 6868
Overall Rank
MTUM Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
MTUM Sortino Ratio Rank: 6464
Sortino Ratio Rank
MTUM Omega Ratio Rank: 6464
Omega Ratio Rank
MTUM Calmar Ratio Rank: 7272
Calmar Ratio Rank
MTUM Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABIG vs. MTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Large Cap ETF (ABIG) and iShares MSCI USA Momentum Factor ETF (MTUM). 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.


ABIGMTUMDifference
Sharpe ratioReturn per unit of total volatility

-0.68

Sortino ratioReturn per unit of downside risk

-0.85

Omega ratioGain probability vs. loss probability

1.26

1.38

-0.13

Calmar ratioReturn relative to maximum drawdown

1.39

3.53

-2.14

Martin ratioReturn relative to average drawdown

5.01

14.10

-9.09

ABIG vs. MTUM - Sharpe Ratio Comparison

The current ABIG Sharpe Ratio is 1.46, which is lower than the MTUM Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of ABIG and MTUM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


ABIGMTUMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.46

2.14

-0.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

Sharpe Ratio (All Time)

Calculated using the full available price history

1.53

0.84

+0.68

Drawdowns

ABIG vs. MTUM - Drawdown Comparison

The maximum ABIG drawdown since its inception was -13.70%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for ABIG and MTUM.


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Drawdown Indicators


ABIGMTUMDifference

Max Drawdown

Largest peak-to-trough decline

-13.70%

-34.08%

+20.38%

Max Drawdown (1Y)

Largest decline over 1 year

-13.70%

-11.54%

-2.16%

Max Drawdown (3Y)

Largest decline over 3 years

-20.99%

Max Drawdown (5Y)

Largest decline over 5 years

-32.28%

Max Drawdown (10Y)

Largest decline over 10 years

-34.08%

Current Drawdown

Current decline from peak

-0.65%

-1.10%

+0.45%

Average Drawdown

Average peak-to-trough decline

-2.23%

-6.21%

+3.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.80%

2.89%

+0.91%

Volatility

ABIG vs. MTUM - Volatility Comparison

The current volatility for Argent Large Cap ETF (ABIG) is 3.37%, while iShares MSCI USA Momentum Factor ETF (MTUM) has a volatility of 7.67%. This indicates that ABIG experiences smaller price fluctuations and is considered to be less risky than MTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ABIGMTUMDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.37%

7.67%

-4.30%

Volatility (6M)

Calculated over the trailing 6-month period

10.02%

16.51%

-6.49%

Volatility (1Y)

Calculated over the trailing 1-year period

13.08%

19.08%

-6.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.31%

20.60%

-6.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.31%

21.03%

-6.72%

ABIG vs. MTUM - Expense Ratio Comparison

ABIG has a 0.49% expense ratio, which is higher than MTUM's 0.15% expense ratio.


Dividends

ABIG vs. MTUM - Dividend Comparison

ABIG's dividend yield for the trailing twelve months is around 0.09%, less than MTUM's 0.60% yield.


PositionTTM20252024202320222021202020192018201720162015
ABIG
Argent Large Cap ETF
0.09%0.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MTUM
iShares MSCI USA Momentum Factor ETF
0.60%0.91%0.75%1.35%1.80%0.55%0.83%1.48%1.27%1.02%1.43%1.12%

Frequently Asked Questions


ABIG and MTUM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MTUM has higher volatility (7.67%) compared to ABIG (3.37%). In terms of maximum drawdown, ABIG dropped -13.70% vs MTUM's -34.08%.

On 1-year performance, MTUM leads with 40.55% vs 18.99% for ABIG. On fees, MTUM is cheaper at 0.15% per year. On volatility, ABIG has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, MTUM has performed better with a 40.55% return vs 18.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

MTUM is cheaper with a 0.15% expense ratio, compared with 0.49% for ABIG.

MTUM has the higher dividend yield at 0.60%, compared with 0.09% for ABIG.

ABIG is categorized as Large Cap Blend Equities, while MTUM is Momentum. They also come from different issuers: Argent and iShares. Their fees differ too: 0.49% for ABIG and 0.15% for MTUM.

MTUM currently has the higher Sharpe Ratio (2.14 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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