AMOMX vs. MTUM
Compare and contrast key facts about AQR Large Cap Momentum Style Fund (AMOMX) and iShares Edge MSCI USA Momentum Factor ETF (MTUM).
AMOMX is managed by AQR Funds. It was launched on Jul 9, 2009. MTUM is a passively managed fund by iShares that tracks the performance of the MSCI USA Momentum Index. It was launched on Apr 16, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMOMX or MTUM.
Correlation
The correlation between AMOMX and MTUM is 0.86, 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
AMOMX vs. MTUM - Performance Comparison
Key characteristics
AMOMX:
-0.06
MTUM:
0.79
AMOMX:
0.09
MTUM:
1.20
AMOMX:
1.01
MTUM:
1.17
AMOMX:
-0.05
MTUM:
0.93
AMOMX:
-0.15
MTUM:
3.21
AMOMX:
11.55%
MTUM:
6.09%
AMOMX:
26.90%
MTUM:
24.91%
AMOMX:
-39.97%
MTUM:
-34.08%
AMOMX:
-27.24%
MTUM:
-4.92%
Returns By Period
In the year-to-date period, AMOMX achieves a -1.39% return, which is significantly lower than MTUM's 5.45% return. Over the past 10 years, AMOMX has underperformed MTUM with an annualized return of 0.95%, while MTUM has yielded a comparatively higher 13.29% annualized return.
AMOMX
-1.39%
18.11%
-15.41%
-1.62%
1.72%
0.95%
MTUM
5.45%
20.35%
4.04%
19.44%
13.63%
13.29%
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AMOMX vs. MTUM - Expense Ratio Comparison
AMOMX has a 0.41% expense ratio, which is higher than MTUM's 0.15% expense ratio.
Risk-Adjusted Performance
AMOMX vs. MTUM — Risk-Adjusted Performance Rank
AMOMX
MTUM
AMOMX vs. MTUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Large Cap Momentum Style Fund (AMOMX) and iShares Edge MSCI USA Momentum Factor ETF (MTUM). 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
AMOMX vs. MTUM - Dividend Comparison
AMOMX's dividend yield for the trailing twelve months is around 14.25%, more than MTUM's 0.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMOMX AQR Large Cap Momentum Style Fund | 14.25% | 14.05% | 14.08% | 10.95% | 17.95% | 16.14% | 10.22% | 12.17% | 9.15% | 8.23% | 8.44% | 9.94% |
MTUM iShares Edge MSCI USA Momentum Factor ETF | 0.88% | 0.75% | 1.35% | 1.80% | 0.55% | 0.83% | 1.48% | 1.27% | 1.02% | 1.43% | 1.12% | 1.04% |
Drawdowns
AMOMX vs. MTUM - Drawdown Comparison
The maximum AMOMX drawdown since its inception was -39.97%, which is greater than MTUM's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for AMOMX and MTUM. For additional features, visit the drawdowns tool.
Volatility
AMOMX vs. MTUM - Volatility Comparison
AQR Large Cap Momentum Style Fund (AMOMX) and iShares Edge MSCI USA Momentum Factor ETF (MTUM) have volatilities of 12.42% and 12.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.