ACWDX vs. SPMO
Compare and contrast key facts about AMG GW&K Small/Mid Cap Growth Fund (ACWDX) and Invesco S&P 500® Momentum ETF (SPMO).
ACWDX is managed by AMG. It was launched on Nov 3, 2010. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACWDX or SPMO.
Correlation
The correlation between ACWDX and SPMO is 0.64, 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
ACWDX vs. SPMO - Performance Comparison
Key characteristics
ACWDX:
1.09
SPMO:
2.64
ACWDX:
1.59
SPMO:
3.44
ACWDX:
1.20
SPMO:
1.46
ACWDX:
0.39
SPMO:
3.68
ACWDX:
4.53
SPMO:
14.86
ACWDX:
3.96%
SPMO:
3.25%
ACWDX:
16.43%
SPMO:
18.38%
ACWDX:
-57.31%
SPMO:
-30.95%
ACWDX:
-35.89%
SPMO:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with ACWDX having a 6.15% return and SPMO slightly lower at 6.03%.
ACWDX
6.15%
5.60%
9.06%
16.72%
-0.57%
2.32%
SPMO
6.03%
4.49%
19.14%
48.05%
19.82%
N/A
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ACWDX vs. SPMO - Expense Ratio Comparison
ACWDX has a 1.00% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
ACWDX vs. SPMO — Risk-Adjusted Performance Rank
ACWDX
SPMO
ACWDX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG GW&K Small/Mid Cap Growth Fund (ACWDX) 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.
Dividends
ACWDX vs. SPMO - Dividend Comparison
ACWDX has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ACWDX AMG GW&K Small/Mid Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.45% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
ACWDX vs. SPMO - Drawdown Comparison
The maximum ACWDX drawdown since its inception was -57.31%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for ACWDX and SPMO. For additional features, visit the drawdowns tool.
Volatility
ACWDX vs. SPMO - Volatility Comparison
The current volatility for AMG GW&K Small/Mid Cap Growth Fund (ACWDX) is 3.83%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 4.27%. This indicates that ACWDX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.