AMOM vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and S&P 500 Index (^GSPC).

AMOM is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019.

Performance

AMOM vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

AMOM vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF	-0.91%	7.69%	35.79%	27.06%	-26.29%	13.08%	53.81%	9.33%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	12.79%

Returns By Period

In the year-to-date period, AMOM achieves a -0.91% return, which is significantly higher than ^GSPC's -3.95% return.

AMOM

• 1D: 2.17%
• 1M: -5.43%
• YTD: -0.91%
• 6M: -1.05%
• 1Y: 26.38%
• 3Y*: 19.41%
• 5Y*: 7.77%
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AMOM vs. ^GSPC — Risk / Return Rank

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

AMOM

AMOM Risk / Return Rank: 63
AMOM Sharpe Ratio Rank: 57
AMOM Sortino Ratio Rank: 57
AMOM Omega Ratio Rank: 56
AMOM Calmar Ratio Rank: 75
AMOM Martin Ratio Rank: 67

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

AMOM vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and S&P 500 Index (^GSPC). 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.

	AMOM	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.05	0.92	+0.13
Sortino ratio Return per unit of downside risk	1.54	1.41	+0.13
Omega ratio Gain probability vs. loss probability	1.22	1.21	0.00
Calmar ratio Return relative to maximum drawdown	2.13	1.41	+0.71
Martin ratio Return relative to average drawdown	7.20	6.61	+0.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMOM vs. ^GSPC - Sharpe Ratio Comparison

The current AMOM Sharpe Ratio is 1.05, which is comparable to the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of AMOM and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMOM	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	0.92	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.61	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.46	+0.14

Correlation

The correlation between AMOM and ^GSPC is 0.80, 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.

Drawdowns

AMOM vs. ^GSPC - Drawdown Comparison

The maximum AMOM drawdown since its inception was -39.68%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AMOM and ^GSPC.

Drawdown Indicators

	AMOM	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-39.68%	-56.78%	+17.10%
Max Drawdown (1Y) Largest decline over 1 year	-13.10%	-12.14%	-0.96%
Max Drawdown (5Y) Largest decline over 5 years	-39.68%	-25.43%	-14.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-7.58%	-5.78%	-1.80%
Average Drawdown Average peak-to-trough decline	-11.05%	-10.75%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	2.60%	+1.27%

Volatility

AMOM vs. ^GSPC - Volatility Comparison

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) has a higher volatility of 8.91% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that AMOM's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMOM	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.91%	5.37%	+3.54%
Volatility (6M) Calculated over the trailing 6-month period	17.66%	9.55%	+8.11%
Volatility (1Y) Calculated over the trailing 1-year period	25.27%	18.33%	+6.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.52%	16.90%	+6.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	18.05%	+6.93%