ATEC vs. XMMO
Compare and contrast key facts about Alphatec Holdings, Inc. (ATEC) and Invesco S&P MidCap Momentum ETF (XMMO).
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: ATEC or XMMO.
Correlation
The correlation between ATEC and XMMO is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ATEC vs. XMMO - Performance Comparison
Key characteristics
ATEC:
-0.31
XMMO:
2.31
ATEC:
0.04
XMMO:
3.16
ATEC:
1.01
XMMO:
1.39
ATEC:
-0.25
XMMO:
4.97
ATEC:
-0.54
XMMO:
12.46
ATEC:
43.41%
XMMO:
3.71%
ATEC:
75.41%
XMMO:
20.03%
ATEC:
-98.90%
XMMO:
-55.37%
ATEC:
-89.26%
XMMO:
-4.74%
Returns By Period
In the year-to-date period, ATEC achieves a 26.03% return, which is significantly higher than XMMO's 4.99% return. Over the past 10 years, ATEC has underperformed XMMO with an annualized return of -3.46%, while XMMO has yielded a comparatively higher 15.90% annualized return.
ATEC
26.03%
23.74%
6.15%
-25.06%
11.46%
-3.46%
XMMO
4.99%
4.16%
10.79%
41.72%
16.38%
15.90%
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Risk-Adjusted Performance
ATEC vs. XMMO — Risk-Adjusted Performance Rank
ATEC
XMMO
ATEC vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphatec Holdings, Inc. (ATEC) 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
ATEC vs. XMMO - Dividend Comparison
ATEC has not paid dividends to shareholders, while XMMO's dividend yield for the trailing twelve months is around 0.32%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATEC Alphatec Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMMO Invesco S&P MidCap Momentum ETF | 0.32% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
ATEC vs. XMMO - Drawdown Comparison
The maximum ATEC drawdown since its inception was -98.90%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for ATEC and XMMO. For additional features, visit the drawdowns tool.
Volatility
ATEC vs. XMMO - Volatility Comparison
Alphatec Holdings, Inc. (ATEC) has a higher volatility of 14.81% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 6.21%. This indicates that ATEC'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.