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AFMC vs. AMID
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AFMC and AMID is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

AFMC vs. AMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Active Factor Mid Cap ETF (AFMC) and Argent Mid Cap ETF (AMID). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.51%
6.45%
AFMC
AMID

Key characteristics

Sharpe Ratio

AFMC:

1.29

AMID:

1.03

Sortino Ratio

AFMC:

1.87

AMID:

1.54

Omega Ratio

AFMC:

1.23

AMID:

1.18

Calmar Ratio

AFMC:

2.39

AMID:

2.12

Martin Ratio

AFMC:

7.07

AMID:

4.85

Ulcer Index

AFMC:

3.01%

AMID:

3.50%

Daily Std Dev

AFMC:

16.56%

AMID:

16.57%

Max Drawdown

AFMC:

-42.14%

AMID:

-15.98%

Current Drawdown

AFMC:

-8.30%

AMID:

-7.82%

Returns By Period

In the year-to-date period, AFMC achieves a 19.78% return, which is significantly higher than AMID's 14.46% return.


AFMC

YTD

19.78%

1M

-4.14%

6M

9.32%

1Y

19.99%

5Y*

10.26%

10Y*

N/A

AMID

YTD

14.46%

1M

-3.64%

6M

6.91%

1Y

15.23%

5Y*

N/A

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.


AFMC vs. AMID - Expense Ratio Comparison

AFMC has a 0.65% expense ratio, which is higher than AMID's 0.52% expense ratio.


AFMC
First Trust Active Factor Mid Cap ETF
Expense ratio chart for AFMC: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for AMID: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%

Risk-Adjusted Performance

AFMC vs. AMID - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Active Factor Mid Cap ETF (AFMC) and Argent Mid Cap ETF (AMID). 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 AFMC, currently valued at 1.29, compared to the broader market0.002.004.001.291.03
The chart of Sortino ratio for AFMC, currently valued at 1.87, compared to the broader market-2.000.002.004.006.008.0010.001.871.54
The chart of Omega ratio for AFMC, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.18
The chart of Calmar ratio for AFMC, currently valued at 2.39, compared to the broader market0.005.0010.0015.002.392.12
The chart of Martin ratio for AFMC, currently valued at 7.07, compared to the broader market0.0020.0040.0060.0080.00100.007.074.85
AFMC
AMID

The current AFMC Sharpe Ratio is 1.29, which is comparable to the AMID Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of AFMC and AMID, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.29
1.03
AFMC
AMID

Dividends

AFMC vs. AMID - Dividend Comparison

AFMC's dividend yield for the trailing twelve months is around 1.22%, while AMID has not paid dividends to shareholders.


TTM20232022202120202019
AFMC
First Trust Active Factor Mid Cap ETF
0.64%0.87%1.42%0.84%1.05%0.29%
AMID
Argent Mid Cap ETF
0.00%0.43%0.25%0.00%0.00%0.00%

Drawdowns

AFMC vs. AMID - Drawdown Comparison

The maximum AFMC drawdown since its inception was -42.14%, which is greater than AMID's maximum drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for AFMC and AMID. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.30%
-7.82%
AFMC
AMID

Volatility

AFMC vs. AMID - Volatility Comparison

First Trust Active Factor Mid Cap ETF (AFMC) and Argent Mid Cap ETF (AMID) have volatilities of 5.05% and 5.15%, 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.


3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.05%
5.15%
AFMC
AMID
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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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