AMID vs. AFMC
Compare and contrast key facts about Argent Mid Cap ETF (AMID) and First Trust Active Factor Mid Cap ETF (AFMC).
AMID and AFMC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMID is an actively managed fund by Argent. It was launched on Aug 17, 2022. AFMC is an actively managed fund by First Trust. It was launched on Dec 3, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMID or AFMC.
Correlation
The correlation between AMID and AFMC 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.
Performance
AMID vs. AFMC - Performance Comparison
Key characteristics
AMID:
0.99
AFMC:
1.31
AMID:
1.50
AFMC:
1.91
AMID:
1.17
AFMC:
1.23
AMID:
1.60
AFMC:
2.36
AMID:
3.89
AFMC:
5.87
AMID:
4.15%
AFMC:
3.70%
AMID:
16.33%
AFMC:
16.60%
AMID:
-15.98%
AFMC:
-42.14%
AMID:
-5.24%
AFMC:
-5.64%
Returns By Period
In the year-to-date period, AMID achieves a 4.07% return, which is significantly higher than AFMC's 3.53% return.
AMID
4.07%
3.60%
9.23%
16.78%
N/A
N/A
AFMC
3.53%
2.26%
11.36%
22.74%
10.85%
N/A
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AMID vs. AFMC - Expense Ratio Comparison
AMID has a 0.52% expense ratio, which is lower than AFMC's 0.65% expense ratio.
Risk-Adjusted Performance
AMID vs. AFMC — Risk-Adjusted Performance Rank
AMID
AFMC
AMID vs. AFMC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) and First Trust Active Factor Mid Cap ETF (AFMC). 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
AMID vs. AFMC - Dividend Comparison
AMID's dividend yield for the trailing twelve months is around 0.32%, less than AFMC's 0.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
AMID Argent Mid Cap ETF | 0.32% | 0.33% | 0.43% | 0.25% | 0.00% | 0.00% | 0.00% |
AFMC First Trust Active Factor Mid Cap ETF | 0.94% | 0.97% | 0.87% | 1.42% | 0.84% | 1.05% | 0.29% |
Drawdowns
AMID vs. AFMC - Drawdown Comparison
The maximum AMID drawdown since its inception was -15.98%, smaller than the maximum AFMC drawdown of -42.14%. Use the drawdown chart below to compare losses from any high point for AMID and AFMC. For additional features, visit the drawdowns tool.
Volatility
AMID vs. AFMC - Volatility Comparison
The current volatility for Argent Mid Cap ETF (AMID) is 4.07%, while First Trust Active Factor Mid Cap ETF (AFMC) has a volatility of 4.30%. This indicates that AMID experiences smaller price fluctuations and is considered to be less risky than AFMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.