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:
0.69
SPMO:
2.72
ACWDX:
1.06
SPMO:
3.54
ACWDX:
1.13
SPMO:
1.48
ACWDX:
0.24
SPMO:
3.76
ACWDX:
3.12
SPMO:
15.40
ACWDX:
3.66%
SPMO:
3.21%
ACWDX:
16.55%
SPMO:
18.17%
ACWDX:
-57.31%
SPMO:
-30.95%
ACWDX:
-39.40%
SPMO:
-3.16%
Returns By Period
In the year-to-date period, ACWDX achieves a 8.88% return, which is significantly lower than SPMO's 46.40% return.
ACWDX
8.88%
-3.84%
5.94%
9.78%
-1.00%
1.37%
SPMO
46.40%
0.06%
9.58%
47.42%
19.45%
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 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 0.28%.
| TTM | 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% |
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% |
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
AMG GW&K Small/Mid Cap Growth Fund (ACWDX) and Invesco S&P 500® Momentum ETF (SPMO) have volatilities of 5.33% and 5.12%, 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.