AMOMX vs. XMMO
Compare and contrast key facts about AQR Large Cap Momentum Style Fund (AMOMX) and Invesco S&P MidCap Momentum ETF (XMMO).
AMOMX is managed by AQR Funds. It was launched on Jul 9, 2009. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMOMX or XMMO.
Correlation
The correlation between AMOMX and XMMO is 0.83, 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. XMMO - Performance Comparison
Key characteristics
AMOMX:
-0.06
XMMO:
0.25
AMOMX:
0.09
XMMO:
0.51
AMOMX:
1.01
XMMO:
1.07
AMOMX:
-0.05
XMMO:
0.24
AMOMX:
-0.15
XMMO:
0.70
AMOMX:
11.55%
XMMO:
8.37%
AMOMX:
26.90%
XMMO:
24.49%
AMOMX:
-39.97%
XMMO:
-55.37%
AMOMX:
-27.24%
XMMO:
-11.56%
Returns By Period
In the year-to-date period, AMOMX achieves a -1.39% return, which is significantly higher than XMMO's -2.53% return. Over the past 10 years, AMOMX has underperformed XMMO with an annualized return of 0.95%, while XMMO has yielded a comparatively higher 14.79% annualized return.
AMOMX
-1.39%
18.11%
-15.41%
-1.62%
1.72%
0.95%
XMMO
-2.53%
17.82%
-7.11%
6.01%
17.52%
14.79%
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AMOMX vs. XMMO - Expense Ratio Comparison
AMOMX has a 0.41% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
AMOMX vs. XMMO — Risk-Adjusted Performance Rank
AMOMX
XMMO
AMOMX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Large Cap Momentum Style Fund (AMOMX) and Invesco S&P MidCap Momentum ETF (XMMO). 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. XMMO - Dividend Comparison
AMOMX's dividend yield for the trailing twelve months is around 14.25%, more than XMMO's 0.51% 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% |
XMMO Invesco S&P MidCap Momentum ETF | 0.51% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
AMOMX vs. XMMO - Drawdown Comparison
The maximum AMOMX drawdown since its inception was -39.97%, smaller than the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for AMOMX and XMMO. For additional features, visit the drawdowns tool.
Volatility
AMOMX vs. XMMO - Volatility Comparison
AQR Large Cap Momentum Style Fund (AMOMX) has a higher volatility of 12.42% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 11.20%. This indicates that AMOMX's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.