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SPMO vs. AMOM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SPMO vs. AMOM - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
16.21%
15.51%
SPMO
AMOM

Returns By Period

In the year-to-date period, SPMO achieves a 46.30% return, which is significantly higher than AMOM's 37.17% return.


SPMO

YTD

46.30%

1M

1.75%

6M

17.41%

1Y

54.73%

5Y (annualized)

20.23%

10Y (annualized)

N/A

AMOM

YTD

37.17%

1M

4.50%

6M

17.01%

1Y

42.27%

5Y (annualized)

18.25%

10Y (annualized)

N/A

Key characteristics


SPMOAMOM
Sharpe Ratio3.082.00
Sortino Ratio4.012.61
Omega Ratio1.551.36
Calmar Ratio4.162.41
Martin Ratio17.249.55
Ulcer Index3.17%4.48%
Daily Std Dev17.74%21.43%
Max Drawdown-30.95%-40.03%
Current Drawdown-1.41%-1.54%

Compare stocks, funds, or ETFs

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SPMO vs. AMOM - Expense Ratio Comparison

SPMO has a 0.13% expense ratio, which is lower than AMOM's 0.75% expense ratio.


AMOM
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF
Expense ratio chart for AMOM: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for SPMO: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Correlation

-0.50.00.51.00.8

The correlation between SPMO and AMOM is 0.81, 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.

Risk-Adjusted Performance

SPMO vs. AMOM - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for SPMO, currently valued at 3.08, compared to the broader market0.002.004.003.082.00
The chart of Sortino ratio for SPMO, currently valued at 4.01, compared to the broader market-2.000.002.004.006.008.0010.004.012.61
The chart of Omega ratio for SPMO, currently valued at 1.55, compared to the broader market0.501.001.502.002.503.001.551.36
The chart of Calmar ratio for SPMO, currently valued at 4.16, compared to the broader market0.005.0010.0015.004.162.41
The chart of Martin ratio for SPMO, currently valued at 17.24, compared to the broader market0.0020.0040.0060.0080.00100.0017.249.55
SPMO
AMOM

The current SPMO Sharpe Ratio is 3.08, which is higher than the AMOM Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of SPMO and AMOM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
3.08
2.00
SPMO
AMOM

Dividends

SPMO vs. AMOM - Dividend Comparison

SPMO's dividend yield for the trailing twelve months is around 0.45%, more than AMOM's 0.15% yield.


TTM202320222021202020192018201720162015
SPMO
Invesco S&P 500® Momentum ETF
0.45%1.63%1.66%0.52%1.27%1.39%1.05%0.77%1.94%0.36%
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%

Drawdowns

SPMO vs. AMOM - Drawdown Comparison

The maximum SPMO drawdown since its inception was -30.95%, smaller than the maximum AMOM drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for SPMO and AMOM. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.41%
-1.54%
SPMO
AMOM

Volatility

SPMO vs. AMOM - Volatility Comparison

The current volatility for Invesco S&P 500® Momentum ETF (SPMO) is 5.07%, while QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) has a volatility of 6.07%. This indicates that SPMO experiences smaller price fluctuations and is considered to be less risky than AMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
5.07%
6.07%
SPMO
AMOM