AWGIX vs. XMMO
Compare and contrast key facts about CIBC Atlas All Cap Growth Fund (AWGIX) and Invesco S&P MidCap Momentum ETF (XMMO).
AWGIX is managed by CIBC Private Wealth Management. It was launched on Sep 28, 2007. 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: AWGIX or XMMO.
Key characteristics
AWGIX | XMMO | |
---|---|---|
YTD Return | 8.11% | 23.11% |
1Y Return | 37.68% | 49.86% |
3Y Return (Ann) | 6.22% | 9.94% |
5Y Return (Ann) | 13.26% | 14.38% |
10Y Return (Ann) | 9.07% | 14.69% |
Sharpe Ratio | 2.38 | 2.84 |
Daily Std Dev | 15.67% | 17.36% |
Max Drawdown | -52.78% | -55.37% |
Current Drawdown | -4.92% | -3.83% |
Correlation
The correlation between AWGIX and XMMO is 0.85, 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
AWGIX vs. XMMO - Performance Comparison
In the year-to-date period, AWGIX achieves a 8.11% return, which is significantly lower than XMMO's 23.11% return. Over the past 10 years, AWGIX has underperformed XMMO with an annualized return of 9.07%, while XMMO has yielded a comparatively higher 14.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AWGIX vs. XMMO - Expense Ratio Comparison
AWGIX has a 0.96% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
AWGIX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas All Cap Growth Fund (AWGIX) 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
AWGIX vs. XMMO - Dividend Comparison
AWGIX's dividend yield for the trailing twelve months is around 1.08%, more than XMMO's 0.46% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CIBC Atlas All Cap Growth Fund | 1.08% | 1.17% | 6.87% | 11.20% | 7.87% | 10.11% | 20.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco S&P MidCap Momentum ETF | 0.46% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% | 1.30% |
Drawdowns
AWGIX vs. XMMO - Drawdown Comparison
The maximum AWGIX drawdown since its inception was -52.78%, roughly equal to the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for AWGIX and XMMO. For additional features, visit the drawdowns tool.
Volatility
AWGIX vs. XMMO - Volatility Comparison
CIBC Atlas All Cap Growth Fund (AWGIX) has a higher volatility of 5.28% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 4.96%. This indicates that AWGIX'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.