AMOM vs. SGOV
AMOM (QRAFT AI-Enhanced U.S. Large Cap Momentum ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - AMOM is a Momentum fund actively managed by Exchange Traded Concepts, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. AMOM is actively managed, while SGOV is passively managed. Over the past 5 years, AMOM returned 11.70%/yr vs 3.58%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions. AMOM charges 0.75%/yr vs 0.09%/yr for SGOV.
Performance
AMOM vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMOM achieves a 26.78% return, which is significantly higher than SGOV's 1.71% return.
AMOM
- 1D
- -4.33%
- 1M
- 5.97%
- YTD
- 26.78%
- 6M
- 24.27%
- 1Y
- 40.35%
- 3Y*
- 26.54%
- 5Y*
- 11.70%
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.71%
- 6M
- 1.80%
- 1Y
- 3.92%
- 3Y*
- 4.68%
- 5Y*
- 3.58%
- 10Y*
- —
AMOM vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF | 26.78% | 7.69% | 35.79% | 27.06% | -26.29% | 13.08% | 44.38% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.71% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between AMOM and SGOV is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.01 |
The correlation between AMOM and SGOV shifts across timeframes, from -0.15 (1 year) to 0.00 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMOM vs. SGOV — Risk / Return Rank
AMOM
SGOV
AMOM vs. SGOV - 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 iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMOM | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.65 | ||
| Sortino ratioReturn per unit of downside risk | -271.35 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 194.05 | -192.75 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 395.07 | -391.97 |
| Martin ratioReturn relative to average drawdown | 10.70 | 4,426.92 | -4,416.22 |
Loading charts...
Drawdowns
AMOM vs. SGOV - Drawdown Comparison
The maximum AMOM drawdown since its inception was -39.68%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for AMOM and SGOV.
Loading charts...
Drawdown Indicators
| AMOM | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.68% | -0.03% | -39.65% |
Max Drawdown (1Y)Largest decline over 1 year | -13.10% | -0.01% | -13.09% |
Max Drawdown (3Y)Largest decline over 3 years | -30.26% | -0.01% | -30.25% |
Max Drawdown (5Y)Largest decline over 5 years | -39.68% | -0.03% | -39.65% |
Current DrawdownCurrent decline from peak | -4.33% | 0.00% | -4.33% |
Average DrawdownAverage peak-to-trough decline | -10.75% | -0.00% | -10.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 0.00% | +3.78% |
Volatility
AMOM vs. SGOV - Volatility Comparison
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) has a higher volatility of 12.24% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that AMOM's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMOM | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.24% | 0.06% | +12.18% |
Volatility (6M)Calculated over the trailing 6-month period | 19.66% | 0.13% | +19.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.29% | 0.19% | +24.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.26% | 0.24% | +24.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.22% | 0.24% | +24.98% |
AMOM vs. SGOV - Expense Ratio Comparison
AMOM has a 0.75% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
AMOM vs. SGOV - Dividend Comparison
AMOM's dividend yield for the trailing twelve months is around 0.07%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF | 0.07% | 0.09% | 0.00% | 0.47% | 0.72% | 0.74% | 24.31% | 5.51% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% |
Frequently Asked Questions
AMOM and SGOV have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMOM has higher volatility (12.24%) compared to SGOV (0.06%). In terms of maximum drawdown, AMOM dropped -39.68% vs SGOV's -0.03%.
On 5-year performance, AMOM leads with 11.70% vs 3.58% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AMOM has performed better with a 11.70% return vs 3.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.75% for AMOM.
SGOV has the higher dividend yield at 3.85%, compared with 0.07% for AMOM.
AMOM is categorized as Momentum, while SGOV is Ultrashort Bond. They also come from different issuers: Exchange Traded Concepts and iShares. Their fees differ too: 0.75% for AMOM and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.32 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AMOM and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer