FFND vs. SPMO
Compare and contrast key facts about Future Fund Active ETF (FFND) and Invesco S&P 500® Momentum ETF (SPMO).
FFND and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFND is an actively managed fund by Future Fund Advisors. It was launched on Aug 24, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFND or SPMO.
Correlation
The correlation between FFND and SPMO is 0.71, 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
FFND vs. SPMO - Performance Comparison
Key characteristics
FFND:
1.46
SPMO:
2.71
FFND:
1.98
SPMO:
3.53
FFND:
1.26
SPMO:
1.48
FFND:
0.98
SPMO:
3.74
FFND:
6.63
SPMO:
15.34
FFND:
4.05%
SPMO:
3.21%
FFND:
18.42%
SPMO:
18.20%
FFND:
-47.84%
SPMO:
-30.95%
FFND:
-5.69%
SPMO:
-2.12%
Returns By Period
In the year-to-date period, FFND achieves a 26.66% return, which is significantly lower than SPMO's 47.97% return.
FFND
26.66%
-1.09%
11.50%
27.03%
N/A
N/A
SPMO
47.97%
1.07%
12.17%
49.00%
19.67%
N/A
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FFND vs. SPMO - Expense Ratio Comparison
FFND has a 1.01% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
FFND vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Future Fund Active ETF (FFND) 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.
Dividends
FFND vs. SPMO - Dividend Comparison
FFND has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.48%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Future Fund Active ETF | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco S&P 500® Momentum ETF | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
FFND vs. SPMO - Drawdown Comparison
The maximum FFND drawdown since its inception was -47.84%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FFND and SPMO. For additional features, visit the drawdowns tool.
Volatility
FFND vs. SPMO - Volatility Comparison
Future Fund Active ETF (FFND) and Invesco S&P 500® Momentum ETF (SPMO) have volatilities of 5.37% and 5.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.