Correlation
The correlation between EGUS and SPMO is 0.84, 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.
EGUS vs. SPMO
Compare and contrast key facts about Ishares ESG Aware MSCI USA Growth ETF (EGUS) and Invesco S&P 500® Momentum ETF (SPMO).
EGUS and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EGUS is a passively managed fund by iShares that tracks the performance of the MSCI USA Growth Extended ESG Focus Index. It was launched on Jan 31, 2023. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015. Both EGUS and SPMO 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: EGUS or SPMO.
Performance
EGUS vs. SPMO - Performance Comparison
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Key characteristics
EGUS:
0.72
SPMO:
1.22
EGUS:
0.98
SPMO:
1.64
EGUS:
1.14
SPMO:
1.23
EGUS:
0.62
SPMO:
1.39
EGUS:
2.01
SPMO:
5.03
EGUS:
7.63%
SPMO:
5.58%
EGUS:
24.85%
SPMO:
25.08%
EGUS:
-24.87%
SPMO:
-30.95%
EGUS:
-4.33%
SPMO:
0.00%
Returns By Period
In the year-to-date period, EGUS achieves a -0.26% return, which is significantly lower than SPMO's 11.09% return.
EGUS
-0.26%
8.22%
0.92%
17.53%
N/A
N/A
N/A
SPMO
11.09%
10.05%
9.23%
30.10%
24.56%
21.21%
N/A
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EGUS vs. SPMO - Expense Ratio Comparison
EGUS has a 0.18% expense ratio, which is higher than SPMO's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
EGUS vs. SPMO — Risk-Adjusted Performance Rank
EGUS
SPMO
EGUS vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares ESG Aware MSCI USA Growth ETF (EGUS) and Invesco S&P 500® Momentum ETF (SPMO). 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.
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Dividends
EGUS vs. SPMO - Dividend Comparison
EGUS's dividend yield for the trailing twelve months is around 0.25%, less than SPMO's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EGUS Ishares ESG Aware MSCI USA Growth ETF | 0.25% | 0.25% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.48% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
EGUS vs. SPMO - Drawdown Comparison
The maximum EGUS drawdown since its inception was -24.87%, smaller than the maximum SPMO drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for EGUS and SPMO.
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Volatility
EGUS vs. SPMO - Volatility Comparison
Ishares ESG Aware MSCI USA Growth ETF (EGUS) has a higher volatility of 5.80% compared to Invesco S&P 500® Momentum ETF (SPMO) at 5.51%. This indicates that EGUS's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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