IWMO.L vs. QMOM
Compare and contrast key facts about iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM).
IWMO.L and QMOM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMO.L is a passively managed fund by iShares that tracks the performance of the MSCI World Momentum Index. It was launched on Oct 3, 2014. QMOM is a passively managed fund by EMPIRICAL FINANCE LLC that tracks the performance of the Alpha Architect Quantity Momentum (USD)(TR). It was launched on Dec 2, 2015. Both IWMO.L and QMOM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWMO.L or QMOM.
Correlation
The correlation between IWMO.L and QMOM is 0.54, 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
IWMO.L vs. QMOM - Performance Comparison
Key characteristics
IWMO.L:
1.35
QMOM:
1.01
IWMO.L:
1.83
QMOM:
1.47
IWMO.L:
1.25
QMOM:
1.18
IWMO.L:
1.68
QMOM:
1.15
IWMO.L:
6.81
QMOM:
5.35
IWMO.L:
3.28%
QMOM:
3.97%
IWMO.L:
16.73%
QMOM:
21.07%
IWMO.L:
-31.52%
QMOM:
-39.13%
IWMO.L:
-1.67%
QMOM:
-7.52%
Returns By Period
In the year-to-date period, IWMO.L achieves a 6.56% return, which is significantly higher than QMOM's 2.18% return.
IWMO.L
6.56%
3.71%
9.72%
26.19%
11.93%
12.06%
QMOM
2.18%
-4.34%
9.61%
24.62%
13.95%
N/A
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IWMO.L vs. QMOM - Expense Ratio Comparison
IWMO.L has a 0.25% expense ratio, which is lower than QMOM's 0.49% expense ratio.
Risk-Adjusted Performance
IWMO.L vs. QMOM — Risk-Adjusted Performance Rank
IWMO.L
QMOM
IWMO.L vs. QMOM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) 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.
Dividends
IWMO.L vs. QMOM - Dividend Comparison
IWMO.L has not paid dividends to shareholders, while QMOM's dividend yield for the trailing twelve months is around 1.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IWMO.L iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QMOM Alpha Architect U.S. Quantitative Momentum ETF | 1.37% | 1.40% | 0.87% | 1.59% | 0.13% | 0.08% | 0.01% | 0.05% | 0.13% | 0.33% | 0.01% |
Drawdowns
IWMO.L vs. QMOM - Drawdown Comparison
The maximum IWMO.L drawdown since its inception was -31.52%, smaller than the maximum QMOM drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for IWMO.L and QMOM. For additional features, visit the drawdowns tool.
Volatility
IWMO.L vs. QMOM - Volatility Comparison
The current volatility for iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) is 4.75%, while Alpha Architect U.S. Quantitative Momentum ETF (QMOM) has a volatility of 6.16%. This indicates that IWMO.L 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.