AMOM vs. UTRN

Last updated Jun 3, 2026

AMOM (QRAFT AI-Enhanced U.S. Large Cap Momentum ETF) and UTRN (Vesper U.S. Large Cap Short-Term Reversal Strategy ETF) are both exchange-traded funds - AMOM is a Momentum fund actively managed by Exchange Traded Concepts, while UTRN is a Large Cap Blend Equities fund tracking the Vesper US Large Cap Short-Term Reversal Index. AMOM is actively managed, while UTRN is passively managed. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

AMOM vs. UTRN - 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 Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMOM

• 1D: 1.65%
• 1M: 10.64%
• YTD: 26.64%
• 6M: 27.60%
• 1Y: 43.44%
• 3Y*: 27.79%
• 5Y*: 12.57%
• 10Y*: —

UTRN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMOM vs. UTRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF	26.64%	7.69%	35.79%	27.06%	-26.29%	13.08%	53.81%	9.33%
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	-3.65%	28.82%	0.72%	-20.36%	30.54%	19.21%	7.75%

Correlation

The correlation between AMOM and UTRN is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since May 22, 2019	0.52

The correlation between AMOM and UTRN shifts across timeframes, from 0.31 (3 years) to 0.52 (all time), reflecting how their relationship changes across market environments.

AMOM vs. UTRN - Sectors Allocation Comparison

Sectors	AMOM	UTRN
Technology	41.9%	31.9%
Industrials	14.5%	4.0%
Communication Services	14.3%	8.0%
Healthcare	7.7%	3.8%
Financial Services	6.2%	36.4%
Consumer Cyclical	5.8%	3.9%
Consumer Defensive	5.0%	-
Utilities	3.8%	-
Basic Materials	2.7%	7.9%
Real Estate	1.9%	-
Energy	1.2%	4.1%

Return for Risk

AMOM vs. UTRN — Risk / Return Rank

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

AMOM

AMOM Risk / Return Rank: 61
AMOM Sharpe Ratio Rank: 59
AMOM Sortino Ratio Rank: 55
AMOM Omega Ratio Rank: 57
AMOM Calmar Ratio Rank: 67
AMOM Martin Ratio Rank: 66

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. UTRN - 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 Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN). 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	UTRN	Difference
Sharpe ratio Return per unit of total volatility	2.02	—	—
Sortino ratio Return per unit of downside risk	2.68	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	3.40	—	—
Martin ratio Return relative to average drawdown	12.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMOM	UTRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	—	—

Drawdowns

Drawdown Indicators

	AMOM	UTRN	Difference
Max Drawdown Largest peak-to-trough decline	-39.68%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.68%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-10.82%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	—	—

Volatility

Volatility by Period

	AMOM	UTRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.57%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.96%	—	—

AMOM vs. UTRN - Expense Ratio Comparison

Both AMOM and UTRN have an expense ratio of 0.75%.

Dividends

AMOM vs. UTRN - Dividend Comparison

AMOM's dividend yield for the trailing twelve months is around 0.07%, while UTRN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%	0.00%
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	0.00%	1.06%	2.75%	1.09%	24.51%	9.09%	3.77%	0.71%

Frequently Asked Questions

Can I hold both AMOM and UTRN in my portfolio?

AMOM and UTRN have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMOM or UTRN?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMOM or UTRN?

AMOM and UTRN have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AMOM or UTRN?

AMOM has the higher dividend yield at 0.07%, compared with 0.00% for UTRN.

What is the main difference between AMOM and UTRN?

AMOM is categorized as Momentum, while UTRN is Large Cap Blend Equities.