BKMC vs. QMOM
Compare and contrast key facts about BNY Mellon US Mid Cap Core Equity ETF (BKMC) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM).
BKMC and QMOM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKMC is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar US Mid Cap Index. It was launched on Apr 9, 2020. QMOM is a passively managed fund by EMPIRICAL FINANCE LLC that tracks the performance of the Alpha Architect Quantity Momentum (USD)(TR). It was launched on Dec 2, 2015. Both BKMC and QMOM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKMC or QMOM.
Key characteristics
| BKMC | QMOM | |
|---|---|---|
| YTD Return | 2.88% | 13.73% |
| 1Y Return | 20.01% | 34.18% |
| 3Y Return (Ann) | 3.42% | 3.95% |
| Sharpe Ratio | 1.34 | 1.78 |
| Daily Std Dev | 14.51% | 18.94% |
| Max Drawdown | -25.02% | -39.13% |
| Current Drawdown | -5.82% | -13.26% |
Correlation
The correlation between BKMC and QMOM is 0.74, 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
BKMC vs. QMOM - Performance Comparison
In the year-to-date period, BKMC achieves a 2.88% return, which is significantly lower than QMOM's 13.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BKMC vs. QMOM - Expense Ratio Comparison
BKMC has a 0.04% expense ratio, which is lower than QMOM's 0.49% expense ratio.
Risk-Adjusted Performance
BKMC vs. QMOM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Mid Cap Core Equity ETF (BKMC) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM). 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
BKMC vs. QMOM - Dividend Comparison
BKMC's dividend yield for the trailing twelve months is around 1.38%, more than QMOM's 0.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKMC BNY Mellon US Mid Cap Core Equity ETF | 1.38% | 1.38% | 1.63% | 1.15% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QMOM Alpha Architect U.S. Quantitative Momentum ETF | 0.77% | 0.87% | 1.59% | 0.12% | 0.08% | 0.01% | 0.05% | 0.13% | 0.34% | 0.01% |
Drawdowns
BKMC vs. QMOM - Drawdown Comparison
The maximum BKMC drawdown since its inception was -25.02%, smaller than the maximum QMOM drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for BKMC and QMOM. For additional features, visit the drawdowns tool.
Volatility
BKMC vs. QMOM - Volatility Comparison
The current volatility for BNY Mellon US Mid Cap Core Equity ETF (BKMC) is 4.36%, while Alpha Architect U.S. Quantitative Momentum ETF (QMOM) has a volatility of 6.70%. This indicates that BKMC experiences smaller price fluctuations and is considered to be less risky than QMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.