IMOM vs. DSTIX

Last updated Jun 24, 2026

IMOM (Alpha Architect International Quantitative Momentum ETF) and DSTIX (BNY Mellon Short Term Income Fund) are both funds - IMOM is a Momentum fund tracking the Alpha Architect Intern.Quan. Mome. (USD)(TR), while DSTIX is a Short-Term Bond fund managed by BNY Mellon. Over the past 10 years, IMOM returned 7.38%/yr vs 2.03%/yr for DSTIX. At a 0.15 correlation, their price movements are largely independent. IMOM charges 0.38%/yr vs 0.60%/yr for DSTIX.

Performance

IMOM vs. DSTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect International Quantitative Momentum ETF (IMOM) and BNY Mellon Short Term Income Fund (DSTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IMOM achieves a 13.79% return, which is significantly higher than DSTIX's 0.46% return. Over the past 10 years, IMOM has outperformed DSTIX with an annualized return of 7.38%, while DSTIX has yielded a comparatively lower 2.03% annualized return.

IMOM

• 1D: -2.92%
• 1M: -3.30%
• YTD: 13.79%
• 6M: 13.08%
• 1Y: 36.25%
• 3Y*: 23.30%
• 5Y*: 8.09%
• 10Y*: 7.38%

DSTIX

• 1D: -0.10%
• 1M: 0.29%
• YTD: 0.46%
• 6M: 0.96%
• 1Y: 3.52%
• 3Y*: 5.24%
• 5Y*: 2.14%
• 10Y*: 2.03%

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

IMOM vs. DSTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IMOM Alpha Architect International Quantitative Momentum ETF	13.79%	47.20%	5.22%	9.15%	-21.92%	-0.75%	28.39%	18.26%	-23.07%	34.83%
DSTIX BNY Mellon Short Term Income Fund	0.46%	6.03%	4.93%	6.08%	-5.81%	-0.73%	4.93%	4.63%	-0.49%	1.47%

Correlation

The correlation between IMOM and DSTIX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.15

The correlation between IMOM and DSTIX shifts across timeframes, from 0.15 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

IMOM vs. DSTIX — Risk / Return Rank

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

IMOM

IMOM Risk / Return Rank: 53
IMOM Sharpe Ratio Rank: 54
IMOM Sortino Ratio Rank: 52
IMOM Omega Ratio Rank: 55
IMOM Calmar Ratio Rank: 49
IMOM Martin Ratio Rank: 56

DSTIX

DSTIX Risk / Return Rank: 47
DSTIX Sharpe Ratio Rank: 40
DSTIX Sortino Ratio Rank: 62
DSTIX Omega Ratio Rank: 59
DSTIX Calmar Ratio Rank: 35
DSTIX Martin Ratio Rank: 39

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.

IMOM vs. DSTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect International Quantitative Momentum ETF (IMOM) and BNY Mellon Short Term Income Fund (DSTIX). 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.

	IMOM	DSTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.70	+0.06
Sortino ratio: Return per unit of downside risk	2.40	3.01	-0.62
Omega ratio: Gain probability vs. loss probability	1.32	1.39	-0.07
Calmar ratio: Return relative to maximum drawdown	2.33	2.11	+0.22
Martin ratio: Return relative to average drawdown	9.33	8.02	+1.31

IMOM vs. DSTIX - Sharpe Ratio Comparison

The current IMOM Sharpe Ratio is 1.76, which is comparable to the DSTIX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of IMOM and DSTIX, 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

IMOM vs. DSTIX - Drawdown Comparison

The maximum IMOM drawdown since its inception was -45.74%, which is greater than DSTIX's maximum drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for IMOM and DSTIX.

Drawdown Indicators

	IMOM	DSTIX	Difference
Max Drawdown Largest peak-to-trough decline	-45.74%	-8.77%	-36.97%
Max Drawdown (1Y) Largest decline over 1 year	-15.61%	-1.73%	-13.88%
Max Drawdown (3Y) Largest decline over 3 years	-17.51%	-1.73%	-15.78%
Max Drawdown (5Y) Largest decline over 5 years	-39.27%	-8.77%	-30.50%
Max Drawdown (10Y) Largest decline over 10 years	-45.74%	-8.77%	-36.97%
Current Drawdown Current decline from peak	-5.97%	-0.49%	-5.48%
Average Drawdown Average peak-to-trough decline	-14.13%	-0.86%	-13.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	0.45%	+3.45%

Volatility

IMOM vs. DSTIX - Volatility Comparison

Alpha Architect International Quantitative Momentum ETF (IMOM) has a higher volatility of 8.35% compared to BNY Mellon Short Term Income Fund (DSTIX) at 0.65%. This indicates that IMOM's price experiences larger fluctuations and is considered to be riskier than DSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMOM	DSTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.35%	0.65%	+7.70%
Volatility (6M) Calculated over the trailing 6-month period	18.24%	1.58%	+16.66%
Volatility (1Y) Calculated over the trailing 1-year period	20.70%	2.15%	+18.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.07%	2.59%	+17.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.28%	2.33%	+17.95%

IMOM vs. DSTIX - Expense Ratio Comparison

IMOM has a 0.38% expense ratio, which is lower than DSTIX's 0.60% expense ratio.

Dividends

IMOM vs. DSTIX - Dividend Comparison

IMOM's dividend yield for the trailing twelve months is around 2.22%, less than DSTIX's 4.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSTIX BNY Mellon Short Term Income Fund	4.64%	4.60%	4.28%	3.42%	1.90%	1.52%	2.34%	2.13%	3.10%	1.76%	1.12%	1.82%
IMOM Alpha Architect International Quantitative Momentum ETF	2.22%	2.53%	4.52%	2.95%	6.06%	1.27%	0.59%	1.17%	0.78%	1.11%	0.54%	0.00%

Frequently Asked Questions

Can I hold both IMOM and DSTIX in my portfolio?

IMOM and DSTIX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IMOM or DSTIX?

IMOM has higher volatility (8.35%) compared to DSTIX (0.65%). In terms of maximum drawdown, IMOM dropped -45.74% vs DSTIX's -8.77%.

Which has better risk-adjusted returns?

IMOM currently has the higher Sharpe Ratio (1.76 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.