IMOM vs. QMOM

Last updated Jun 5, 2026

IMOM (Alpha Architect International Quantitative Momentum ETF) and QMOM (Alpha Architect U.S. Quantitative Momentum ETF) are both Momentum funds from Alpha Architect. IMOM is passively managed, while QMOM is actively managed. Over the past 10 years, IMOM returned 7.87%/yr vs 13.78%/yr for QMOM. A 0.59 correlation means they provide meaningful diversification when combined. IMOM charges 0.38%/yr vs 0.28%/yr for QMOM.

Performance

IMOM vs. QMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect International Quantitative Momentum ETF (IMOM) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IMOM achieves a 17.37% return, which is significantly lower than QMOM's 24.29% return. Over the past 10 years, IMOM has underperformed QMOM with an annualized return of 7.87%, while QMOM has yielded a comparatively higher 13.78% annualized return.

IMOM

• 1D: -0.58%
• 1M: -0.16%
• YTD: 17.37%
• 6M: 21.81%
• 1Y: 40.53%
• 3Y*: 25.09%
• 5Y*: 8.31%
• 10Y*: 7.87%

QMOM

• 1D: -0.29%
• 1M: 4.40%
• YTD: 24.29%
• 6M: 24.93%
• 1Y: 30.10%
• 3Y*: 23.16%
• 5Y*: 11.48%
• 10Y*: 13.78%

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

IMOM vs. QMOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IMOM Alpha Architect International Quantitative Momentum ETF	17.37%	47.20%	5.22%	9.15%	-21.92%	-0.75%	28.39%	18.26%	-23.07%	34.83%
QMOM Alpha Architect U.S. Quantitative Momentum ETF	24.29%	2.36%	30.43%	9.50%	-6.99%	-4.06%	61.94%	28.39%	-11.75%	15.92%

Correlation

The correlation between IMOM and QMOM is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.59

The correlation between IMOM and QMOM has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.

IMOM vs. QMOM - Sectors Allocation Comparison

Sectors	IMOM	QMOM
Industrials	33.2%	37.5%
Basic Materials	19.4%	9.0%
Technology	15.8%	23.9%
Utilities	12.4%	2.0%
Real Estate	4.2%	-
Financial Services	4.1%	1.9%
Communication Services	3.9%	4.2%
Healthcare	3.3%	8.9%
Energy	1.9%	5.5%
Consumer Cyclical	1.7%	7.4%
Consumer Defensive	-	1.6%

Return for Risk

IMOM vs. QMOM — Risk / Return Rank

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

IMOM

IMOM Risk / Return Rank: 61
IMOM Sharpe Ratio Rank: 64
IMOM Sortino Ratio Rank: 61
IMOM Omega Ratio Rank: 64
IMOM Calmar Ratio Rank: 54
IMOM Martin Ratio Rank: 62

QMOM

QMOM Risk / Return Rank: 42
QMOM Sharpe Ratio Rank: 38
QMOM Sortino Ratio Rank: 36
QMOM Omega Ratio Rank: 37
QMOM Calmar Ratio Rank: 49
QMOM Martin Ratio Rank: 52

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. QMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect International Quantitative Momentum ETF (IMOM) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM). 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.

	IMOM	QMOM	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.30	+0.79
Sortino ratio: Return per unit of downside risk	2.82	1.84	+0.98
Omega ratio: Gain probability vs. loss probability	1.38	1.24	+0.14
Calmar ratio: Return relative to maximum drawdown	2.61	2.39	+0.22
Martin ratio: Return relative to average drawdown	10.98	8.74	+2.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMOM vs. QMOM - Sharpe Ratio Comparison

The current IMOM Sharpe Ratio is 2.09, which is higher than the QMOM Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of IMOM and QMOM, 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

	IMOM	QMOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	1.30	+0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.48	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.52	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.51	-0.12

Drawdowns

IMOM vs. QMOM - Drawdown Comparison

The maximum IMOM drawdown since its inception was -45.74%, which is greater than QMOM's maximum drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for IMOM and QMOM.

Drawdown Indicators

	IMOM	QMOM	Difference
Max Drawdown Largest peak-to-trough decline	-45.74%	-39.13%	-6.61%
Max Drawdown (1Y) Largest decline over 1 year	-15.61%	-12.65%	-2.96%
Max Drawdown (3Y) Largest decline over 3 years	-17.51%	-26.46%	+8.95%
Max Drawdown (5Y) Largest decline over 5 years	-39.27%	-26.82%	-12.45%
Max Drawdown (10Y) Largest decline over 10 years	-45.74%	-39.13%	-6.61%
Current Drawdown Current decline from peak	-3.01%	-0.66%	-2.35%
Average Drawdown Average peak-to-trough decline	-14.17%	-12.91%	-1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	3.45%	+0.25%

Volatility

IMOM vs. QMOM - Volatility Comparison

The current volatility for Alpha Architect International Quantitative Momentum ETF (IMOM) is 6.17%, while Alpha Architect U.S. Quantitative Momentum ETF (QMOM) has a volatility of 8.27%. This indicates that IMOM experiences smaller price fluctuations and is considered to be less risky than QMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMOM	QMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.17%	8.27%	-2.10%
Volatility (6M) Calculated over the trailing 6-month period	16.75%	19.79%	-3.04%
Volatility (1Y) Calculated over the trailing 1-year period	19.48%	23.30%	-3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.84%	24.19%	-4.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.20%	26.48%	-6.28%

IMOM vs. QMOM - Expense Ratio Comparison

IMOM has a 0.38% expense ratio, which is higher than QMOM's 0.28% expense ratio.

Dividends

IMOM vs. QMOM - Dividend Comparison

IMOM's dividend yield for the trailing twelve months is around 2.15%, more than QMOM's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IMOM Alpha Architect International Quantitative Momentum ETF	2.15%	2.53%	4.52%	2.95%	6.06%	1.27%	0.59%	1.17%	0.78%	1.11%	0.54%
QMOM Alpha Architect U.S. Quantitative Momentum ETF	0.44%	0.54%	1.40%	0.87%	1.59%	0.12%	0.08%	0.01%	0.05%	0.13%	0.34%

Frequently Asked Questions

Can I hold both IMOM and QMOM in my portfolio?

IMOM and QMOM have a correlation of 0.63, 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 QMOM?

QMOM has higher volatility (8.27%) compared to IMOM (6.17%). In terms of maximum drawdown, IMOM dropped -45.74% vs QMOM's -39.13%.

Which ETF is better, IMOM or QMOM?

On 10-year performance, QMOM leads with 13.78% vs 7.87% for IMOM. On fees, QMOM is cheaper at 0.28% per year. On volatility, IMOM has been the lower-risk option at 6.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IMOM or QMOM?

Over the 10-year period, QMOM has performed better with a 13.78% return vs 7.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IMOM or QMOM?

QMOM is cheaper with a 0.28% expense ratio, compared with 0.38% for IMOM.

Which ETF pays a higher dividend yield, IMOM or QMOM?

IMOM has the higher dividend yield at 2.15%, compared with 0.44% for QMOM.

What is the main difference between IMOM and QMOM?

Their fees differ too: 0.38% for IMOM and 0.28% for QMOM.

Which has better risk-adjusted returns?

IMOM currently has the higher Sharpe Ratio (2.09 vs 1.30), 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.