FDY.TO vs. SPMO

Last updated Jun 4, 2026

FDY.TO (Faraday Copper Corp.) is a stock, while SPMO (Invesco S&P 500 Momentum ETF) is Momentum fund tracking the S&P 500 Momentum Index. Over the past 10 years, FDY.TO returned 89.80%/yr vs 21.72%/yr for SPMO. At a 0.07 correlation, their price movements are largely independent.

Performance

FDY.TO vs. SPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Faraday Copper Corp. (FDY.TO) and Invesco S&P 500 Momentum ETF (SPMO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FDY.TO is traded in CAD, while SPMO is traded in USD. To make them comparable, the SPMO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FDY.TO achieves a 130.77% return, which is significantly higher than SPMO's 30.82% return. Over the past 10 years, FDY.TO has outperformed SPMO with an annualized return of 89.80%, while SPMO has yielded a comparatively lower 21.72% annualized return.

FDY.TO

• 1D: -5.12%
• 1M: 39.69%
• YTD: 130.77%
• 6M: 190.32%
• 1Y: 707.69%
• 3Y*: 97.32%
• 5Y*: 59.52%
• 10Y*: 89.80%

SPMO

• 1D: 0.00%
• 1M: 16.60%
• YTD: 30.82%
• 6M: 28.84%
• 1Y: 46.55%
• 3Y*: 44.27%
• 5Y*: 27.61%
• 10Y*: 21.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDY.TO vs. SPMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDY.TO Faraday Copper Corp.	130.77%	268.92%	17.46%	16.67%	-28.95%	216.67%	33.33%	-10.00%	-52.38%	471.63%
SPMO Invesco S&P 500 Momentum ETF	32.01%	20.78%	58.34%	14.97%	-4.07%	21.54%	26.09%	19.74%	7.49%	19.63%

Correlation

The correlation between FDY.TO and SPMO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Oct 13, 2015	0.07

The correlation between FDY.TO and SPMO shifts across timeframes, from 0.07 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FDY.TO vs. SPMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDY.TO

FDY.TO Risk / Return Rank: 99
FDY.TO Sharpe Ratio Rank: 100
FDY.TO Sortino Ratio Rank: 99
FDY.TO Omega Ratio Rank: 98
FDY.TO Calmar Ratio Rank: 99
FDY.TO Martin Ratio Rank: 100

SPMO

SPMO Risk / Return Rank: 75
SPMO Sharpe Ratio Rank: 79
SPMO Sortino Ratio Rank: 77
SPMO Omega Ratio Rank: 77
SPMO Calmar Ratio Rank: 71
SPMO Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDY.TO vs. SPMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Faraday Copper Corp. (FDY.TO) 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.

	FDY.TO	SPMO	Difference
Sharpe ratio: Return per unit of total volatility	10.58	2.72	+7.86
Sortino ratio: Return per unit of downside risk	6.46	3.67	+2.79
Omega ratio: Gain probability vs. loss probability	1.79	1.49	+0.30
Calmar ratio: Return relative to maximum drawdown	21.05	3.65	+17.40
Martin ratio: Return relative to average drawdown	74.64	12.23	+62.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDY.TO vs. SPMO - Sharpe Ratio Comparison

The current FDY.TO Sharpe Ratio is 10.58, which is higher than the SPMO Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of FDY.TO and SPMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDY.TO	SPMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	10.58	2.72	+7.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	1.57	-0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	1.14	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	1.10	-0.56

Drawdowns

FDY.TO vs. SPMO - Drawdown Comparison

The maximum FDY.TO drawdown since its inception was -99.00%, which is greater than SPMO's maximum drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for FDY.TO and SPMO.

Drawdown Indicators

	FDY.TO	SPMO	Difference
Max Drawdown Largest peak-to-trough decline	-99.00%	-25.58%	-73.42%
Max Drawdown (1Y) Largest decline over 1 year	-33.95%	-12.82%	-21.13%
Max Drawdown (3Y) Largest decline over 3 years	-47.75%	-20.26%	-27.49%
Max Drawdown (5Y) Largest decline over 5 years	-63.00%	-20.69%	-42.31%
Max Drawdown (10Y) Largest decline over 10 years	-81.48%	-25.58%	-55.90%
Current Drawdown Current decline from peak	-5.12%	0.00%	-5.12%
Average Drawdown Average peak-to-trough decline	-40.75%	-4.14%	-36.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.55%	3.82%	+5.73%

Volatility

FDY.TO vs. SPMO - Volatility Comparison

Faraday Copper Corp. (FDY.TO) has a higher volatility of 20.75% compared to Invesco S&P 500 Momentum ETF (SPMO) at 7.29%. This indicates that FDY.TO'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.

Volatility by Period

	FDY.TO	SPMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.75%	7.29%	+13.46%
Volatility (6M) Calculated over the trailing 6-month period	53.83%	13.95%	+39.88%
Volatility (1Y) Calculated over the trailing 1-year period	67.53%	17.23%	+50.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.25%	17.71%	+47.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.19%	19.10%	+87.09%

Dividends

FDY.TO vs. SPMO - Dividend Comparison

FDY.TO has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.65%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDY.TO Faraday Copper Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	112.86%	196.43%	372.78%
SPMO Invesco S&P 500 Momentum ETF	0.65%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%

Frequently Asked Questions

Can I hold both FDY.TO and SPMO in my portfolio?

FDY.TO and SPMO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.