AMOM vs. GLCN
Compare and contrast key facts about QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and VanEck Vectors China Growth Leaders ETF (GLCN).
AMOM and GLCN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMOM is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019. GLCN is a passively managed fund by VanEck that tracks the performance of the MarketGrader China All-Cap Growth Leaders Index. It was launched on Oct 13, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMOM or GLCN.
Key characteristics
| AMOM | GLCN |
|---|
Correlation
The correlation between AMOM and GLCN is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMOM vs. GLCN - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMOM vs. GLCN - Expense Ratio Comparison
AMOM has a 0.75% expense ratio, which is higher than GLCN's 0.60% expense ratio.
Risk-Adjusted Performance
AMOM vs. GLCN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and VanEck Vectors China Growth Leaders ETF (GLCN). 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
AMOM vs. GLCN - Dividend Comparison
AMOM's dividend yield for the trailing twelve months is around 0.15%, while GLCN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF | 0.15% | 0.47% | 0.72% | 0.14% | 24.32% | 5.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLCN VanEck Vectors China Growth Leaders ETF | 0.00% | 104.44% | 2.27% | 0.95% | 0.15% | 1.47% | 0.98% | 1.09% | 0.46% | 1.18% | 0.00% | 2.19% |
Drawdowns
AMOM vs. GLCN - Drawdown Comparison
Volatility
AMOM vs. GLCN - Volatility Comparison
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) has a higher volatility of 6.20% compared to VanEck Vectors China Growth Leaders ETF (GLCN) at 0.00%. This indicates that AMOM's price experiences larger fluctuations and is considered to be riskier than GLCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.