EZMO vs. MTUM
EZMO (AlphaDroid Broad Markets Momentum ETF) and MTUM (iShares MSCI USA Momentum Factor ETF) are both Momentum funds. EZMO is actively managed, while MTUM is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. EZMO charges 0.94%/yr vs 0.15%/yr for MTUM.
Performance
EZMO vs. MTUM - Performance Comparison
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Returns By Period
In the year-to-date period, EZMO achieves a -1.68% return, which is significantly lower than MTUM's 21.46% return.
EZMO
- 1D
- -1.27%
- 1M
- -2.15%
- 6M
- -4.53%
- YTD
- -1.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MTUM
- 1D
- -2.96%
- 1M
- -6.94%
- 6M
- 18.20%
- YTD
- 21.46%
- 1Y
- 28.30%
- 3Y*
- 28.55%
- 5Y*
- 13.65%
- 10Y*
- 15.89%
EZMO vs. MTUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EZMO AlphaDroid Broad Markets Momentum ETF | -1.68% | 4.05% |
MTUM iShares MSCI USA Momentum Factor ETF | 21.46% | -1.52% |
Correlation
The correlation between EZMO and MTUM is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.71 |
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Return for Risk
EZMO vs. MTUM — Risk / Return Rank
EZMO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MTUM
EZMO vs. MTUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Broad Markets Momentum ETF (EZMO) and iShares MSCI USA Momentum Factor ETF (MTUM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EZMO | MTUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.35 | — |
| Martin ratioReturn relative to average drawdown | — | 8.08 | — |
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Drawdowns
EZMO vs. MTUM - Drawdown Comparison
The maximum EZMO drawdown since its inception was -12.82%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for EZMO and MTUM.
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Drawdown Indicators
| EZMO | MTUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.82% | -34.08% | +21.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.11% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -10.91% | -12.11% | +1.20% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -6.20% | +1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.51% | — |
Volatility
EZMO vs. MTUM - Volatility Comparison
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Volatility by Period
| EZMO | MTUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.40% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 24.08% | -7.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 21.61% | -4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 21.55% | -4.61% |
EZMO vs. MTUM - Expense Ratio Comparison
EZMO has a 0.94% expense ratio, which is higher than MTUM's 0.15% expense ratio.
Dividends
EZMO vs. MTUM - Dividend Comparison
EZMO has not paid dividends to shareholders, while MTUM's dividend yield for the trailing twelve months is around 0.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EZMO AlphaDroid Broad Markets Momentum ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MTUM iShares MSCI USA Momentum Factor ETF | 0.61% | 0.91% | 0.75% | 1.35% | 1.80% | 0.55% | 0.83% | 1.48% | 1.27% | 1.02% | 1.43% | 1.12% |
Frequently Asked Questions
EZMO and MTUM have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MTUM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MTUM is cheaper with a 0.15% expense ratio, compared with 0.94% for EZMO.
MTUM has the higher dividend yield at 0.61%, compared with 0.00% for EZMO.
They also come from different issuers: AlphaDroid and iShares. Their fees differ too: 0.94% for EZMO and 0.15% for MTUM.
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