GMOM vs. TZINX

Last updated Aug 5, 2026

GMOM (Cambria Global Momentum ETF) and TZINX (Templeton Global Balanced Fund) are both funds - GMOM is a Momentum fund actively managed by Cambria, while TZINX is a Global Allocation fund managed by Franklin Templeton. Over the past 10 years, GMOM returned 7.18%/yr vs 5.25%/yr for TZINX. Their 0.56 correlation means they have sometimes moved together and sometimes differently. GMOM charges 0.96%/yr vs 0.95%/yr for TZINX.

Performance

GMOM vs. TZINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Global Momentum ETF (GMOM) and Templeton Global Balanced Fund (TZINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMOM achieves a 10.77% return, which is significantly lower than TZINX's 13.62% return. Over the past 10 years, GMOM has outperformed TZINX with an annualized return of 7.18%, while TZINX has yielded a comparatively lower 5.25% annualized return.

GMOM

• 1D: 0.83%
• 1M: 4.48%
• 6M: 1.88%
• YTD: 10.77%
• 1Y: 24.88%
• 3Y*: 12.63%
• 5Y*: 7.64%
• 10Y*: 7.18%
• ALL TIME*: 5.87%

TZINX

• 1D: 0.62%
• 1M: 3.31%
• 6M: 6.55%
• YTD: 13.62%
• 1Y: 25.87%
• 3Y*: 15.18%
• 5Y*: 6.56%
• 10Y*: 5.25%
• ALL TIME*: 5.66%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GMOM Cambria Global Momentum ETF	$382.91K	$314.43K	$258.97K
TZINX Templeton Global Balanced Fund	$0.00	$0.00	$0.00

GMOM vs. TZINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GMOM Cambria Global Momentum ETF	10.77%	20.63%	6.75%	0.65%	-2.82%	19.13%	2.42%	8.24%	-9.61%	20.67%
TZINX Templeton Global Balanced Fund	13.62%	27.85%	0.73%	14.45%	-14.31%	-1.44%	1.70%	7.58%	-9.18%	12.42%

Correlation

The correlation between GMOM and TZINX is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.61
Correlation (10Y) Provides a long-term view across more market conditions.	0.58
Correlation (All Time) Calculated using the full available price history since Nov 4, 2014	0.56

The correlation between GMOM and TZINX has been stable across timeframes, ranging from 0.56 to 0.64 - a consistent structural relationship.

Return for Risk

GMOM vs. TZINX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GMOM

GMOM Risk / Return Rank: 63
GMOM Sharpe Ratio Rank: 64
GMOM Sortino Ratio Rank: 60
GMOM Omega Ratio Rank: 63
GMOM Calmar Ratio Rank: 66
GMOM Martin Ratio Rank: 59

TZINX

TZINX Risk / Return Rank: 90
TZINX Sharpe Ratio Rank: 94
TZINX Sortino Ratio Rank: 92
TZINX Omega Ratio Rank: 91
TZINX Calmar Ratio Rank: 85
TZINX Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GMOM vs. TZINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Global Momentum ETF (GMOM) and Templeton Global Balanced Fund (TZINX). 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.

	GMOM	TZINX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.60	-0.89
Sortino ratio: Return per unit of downside risk	2.29	3.56	-1.28
Omega ratio: Gain probability vs. loss probability	1.31	1.48	-0.18
Calmar ratio: Return relative to maximum drawdown	2.61	3.25	-0.64
Martin ratio: Return relative to average drawdown	7.84	12.36	-4.51

GMOM vs. TZINX - Sharpe Ratio Comparison

The current GMOM Sharpe Ratio is 1.70, which is lower than the TZINX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of GMOM and TZINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GMOM vs. TZINX - Drawdown Comparison

The maximum GMOM drawdown since its inception was -25.03%, smaller than the maximum TZINX drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for GMOM and TZINX.

Drawdown Indicators

	GMOM	TZINX	Difference
Max Drawdown Largest peak-to-trough decline	-25.03%	-36.06%	+11.03%
Max Drawdown (1Y) Largest decline over 1 year	-9.57%	-8.42%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-13.73%	-9.73%	-4.00%
Max Drawdown (5Y) Largest decline over 5 years	-19.16%	-27.83%	+8.67%
Max Drawdown (10Y) Largest decline over 10 years	-25.03%	-29.60%	+4.57%
Current Drawdown Current decline from peak	-2.78%	0.00%	-2.78%
Average Drawdown Average peak-to-trough decline	-7.77%	-7.43%	-0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	2.21%	+0.97%

Volatility

GMOM vs. TZINX - Volatility Comparison

Cambria Global Momentum ETF (GMOM) has a higher volatility of 3.25% compared to Templeton Global Balanced Fund (TZINX) at 2.67%. This indicates that GMOM's price experiences larger fluctuations and is considered to be riskier than TZINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMOM	TZINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	2.67%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	11.34%	8.77%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	14.72%	10.58%	+4.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.36%	11.92%	+2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.95%	11.07%	+1.88%

GMOM vs. TZINX - Expense Ratio Comparison

GMOM has a 0.96% expense ratio, which is higher than TZINX's 0.95% expense ratio.

Dividends

GMOM vs. TZINX - Dividend Comparison

GMOM's dividend yield for the trailing twelve months is around 1.47%, less than TZINX's 5.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMOM Cambria Global Momentum ETF	1.47%	3.01%	2.16%	3.63%	2.52%	3.42%	1.24%	2.60%	1.90%	2.05%	1.77%	1.88%
TZINX Templeton Global Balanced Fund	5.06%	4.00%	5.43%	3.68%	3.47%	2.24%	2.12%	4.43%	4.55%	2.82%	1.12%	7.19%

Frequently Asked Questions

Can I hold both GMOM and TZINX in my portfolio?

GMOM and TZINX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GMOM or TZINX?

GMOM has higher volatility (3.25%) compared to TZINX (2.67%). In terms of maximum drawdown, GMOM dropped -25.03% vs TZINX's -36.06%.

Which has better risk-adjusted returns?

TZINX currently has the higher Sharpe Ratio (2.60 vs 1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.