AMOM vs. VOO
Compare and contrast key facts about QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and Vanguard S&P 500 ETF (VOO).
AMOM and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMOM or VOO.
Key characteristics
| AMOM | VOO | |
|---|---|---|
| YTD Return | 37.39% | 26.94% |
| 1Y Return | 43.99% | 35.06% |
| 3Y Return (Ann) | 6.88% | 10.23% |
| 5Y Return (Ann) | 18.06% | 15.77% |
| Sharpe Ratio | 2.20 | 3.08 |
| Sortino Ratio | 2.83 | 4.09 |
| Omega Ratio | 1.39 | 1.58 |
| Calmar Ratio | 2.65 | 4.46 |
| Martin Ratio | 10.54 | 20.36 |
| Ulcer Index | 4.46% | 1.85% |
| Daily Std Dev | 21.40% | 12.23% |
| Max Drawdown | -40.03% | -33.99% |
| Current Drawdown | -1.38% | -0.25% |
Correlation
The correlation between AMOM and VOO is 0.78, 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
AMOM vs. VOO - Performance Comparison
In the year-to-date period, AMOM achieves a 37.39% return, which is significantly higher than VOO's 26.94% return. 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. VOO - Expense Ratio Comparison
AMOM has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
AMOM vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
AMOM's dividend yield for the trailing twelve months is around 0.15%, less than VOO's 1.23% yield.
| 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AMOM vs. VOO - Drawdown Comparison
The maximum AMOM drawdown since its inception was -40.03%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AMOM and VOO. For additional features, visit the drawdowns tool.
Volatility
AMOM vs. VOO - Volatility Comparison
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) has a higher volatility of 5.89% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that AMOM's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.