Correlation
The correlation between ASMOX and XSMO is 0.77, 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.
ASMOX vs. XSMO
Compare and contrast key facts about AQR Small Cap Momentum Style Fund (ASMOX) and Invesco S&P SmallCap Momentum ETF (XSMO).
ASMOX is managed by AQR Funds. It was launched on Jul 9, 2009. XSMO is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 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: ASMOX or XSMO.
Performance
ASMOX vs. XSMO - Performance Comparison
Loading data...
Key characteristics
ASMOX:
0.23
XSMO:
0.36
ASMOX:
0.42
XSMO:
0.65
ASMOX:
1.05
XSMO:
1.08
ASMOX:
0.15
XSMO:
0.33
ASMOX:
0.40
XSMO:
0.90
ASMOX:
10.77%
XSMO:
9.05%
ASMOX:
27.22%
XSMO:
25.40%
ASMOX:
-42.16%
XSMO:
-58.07%
ASMOX:
-13.52%
XSMO:
-10.15%
Returns By Period
In the year-to-date period, ASMOX achieves a -2.96% return, which is significantly lower than XSMO's -0.06% return. Over the past 10 years, ASMOX has underperformed XSMO with an annualized return of 7.91%, while XSMO has yielded a comparatively higher 10.63% annualized return.
ASMOX
-2.96%
6.56%
-12.34%
6.12%
8.44%
11.84%
7.91%
XSMO
-0.06%
6.23%
-9.23%
9.17%
10.94%
14.56%
10.63%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ASMOX vs. XSMO - Expense Ratio Comparison
ASMOX has a 0.61% expense ratio, which is higher than XSMO's 0.39% expense ratio.
Risk-Adjusted Performance
ASMOX vs. XSMO — Risk-Adjusted Performance Rank
ASMOX
XSMO
ASMOX vs. XSMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Small Cap Momentum Style Fund (ASMOX) and Invesco S&P SmallCap Momentum ETF (XSMO). 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.
Loading data...
Dividends
ASMOX vs. XSMO - Dividend Comparison
ASMOX's dividend yield for the trailing twelve months is around 19.73%, more than XSMO's 0.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASMOX AQR Small Cap Momentum Style Fund | 19.73% | 19.14% | 3.92% | 0.57% | 24.81% | 6.10% | 4.38% | 29.63% | 9.90% | 0.79% | 1.23% | 11.61% |
XSMO Invesco S&P SmallCap Momentum ETF | 0.84% | 0.63% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.65% | 0.28% | 0.30% | 0.35% | 1.31% |
Drawdowns
ASMOX vs. XSMO - Drawdown Comparison
The maximum ASMOX drawdown since its inception was -42.16%, smaller than the maximum XSMO drawdown of -58.07%. Use the drawdown chart below to compare losses from any high point for ASMOX and XSMO.
Loading data...
Volatility
ASMOX vs. XSMO - Volatility Comparison
AQR Small Cap Momentum Style Fund (ASMOX) has a higher volatility of 6.13% compared to Invesco S&P SmallCap Momentum ETF (XSMO) at 5.41%. This indicates that ASMOX's price experiences larger fluctuations and is considered to be riskier than XSMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...