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:
-0.41
XMMO:
0.97
ATEC:
-0.14
XMMO:
1.47
ATEC:
0.98
XMMO:
1.18
ATEC:
-0.33
XMMO:
1.73
ATEC:
-0.77
XMMO:
4.79
ATEC:
40.29%
XMMO:
4.01%
ATEC:
76.38%
XMMO:
19.87%
ATEC:
-98.90%
XMMO:
-55.37%
ATEC:
-90.15%
XMMO:
-11.14%
Returns By Period
In the year-to-date period, ATEC achieves a 15.58% return, which is significantly higher than XMMO's -2.06% return. Over the past 10 years, ATEC has underperformed XMMO with an annualized return of -4.15%, while XMMO has yielded a comparatively higher 14.67% annualized return.
ATEC
15.58%
-6.77%
84.84%
-31.06%
9.85%
-4.15%
XMMO
-2.06%
-8.99%
1.11%
14.68%
14.42%
14.67%
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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 0.34%.
| 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 | 0.34% | 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 14.03% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 5.83%. 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.