FORM vs. SPMO
Compare and contrast key facts about FormFactor, Inc. (FORM) and Invesco S&P 500® Momentum ETF (SPMO).
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: FORM or SPMO.
Correlation
The correlation between FORM and SPMO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FORM vs. SPMO - Performance Comparison
Key characteristics
FORM:
-0.21
SPMO:
2.07
FORM:
0.06
SPMO:
2.75
FORM:
1.01
SPMO:
1.37
FORM:
-0.26
SPMO:
2.88
FORM:
-0.49
SPMO:
11.60
FORM:
23.33%
SPMO:
3.27%
FORM:
53.46%
SPMO:
18.34%
FORM:
-92.36%
SPMO:
-30.95%
FORM:
-39.60%
SPMO:
-0.16%
Returns By Period
In the year-to-date period, FORM achieves a -14.59% return, which is significantly lower than SPMO's 8.50% return.
FORM
-14.59%
-13.53%
-26.04%
-5.39%
9.11%
15.23%
SPMO
8.50%
4.50%
15.08%
40.17%
19.81%
N/A
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Risk-Adjusted Performance
FORM vs. SPMO — Risk-Adjusted Performance Rank
FORM
SPMO
FORM vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FormFactor, Inc. (FORM) 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
FORM vs. SPMO - Dividend Comparison
FORM has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FORM FormFactor, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.44% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
FORM vs. SPMO - Drawdown Comparison
The maximum FORM drawdown since its inception was -92.36%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FORM and SPMO. For additional features, visit the drawdowns tool.
Volatility
FORM vs. SPMO - Volatility Comparison
FormFactor, Inc. (FORM) has a higher volatility of 15.89% compared to Invesco S&P 500® Momentum ETF (SPMO) at 4.76%. This indicates that FORM'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.