JFWD vs. SPMO
Compare and contrast key facts about Jacob Forward ETF (JFWD) and Invesco S&P 500® Momentum ETF (SPMO).
JFWD and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JFWD is an actively managed fund by Jacob Asset Management. It was launched on Jul 13, 2021. 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: JFWD or SPMO.
Correlation
The correlation between JFWD and SPMO is 0.53, 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
JFWD vs. SPMO - Performance Comparison
Key characteristics
Returns By Period
JFWD
N/A
N/A
N/A
N/A
N/A
N/A
SPMO
7.26%
1.85%
15.14%
39.20%
19.51%
N/A
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JFWD vs. SPMO - Expense Ratio Comparison
JFWD has a 0.75% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
JFWD vs. SPMO — Risk-Adjusted Performance Rank
JFWD
SPMO
JFWD vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jacob Forward ETF (JFWD) 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
JFWD vs. SPMO - Dividend Comparison
JFWD has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JFWD Jacob Forward ETF | 0.35% | 0.35% | 0.00% | 0.00% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.45% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
JFWD vs. SPMO - Drawdown Comparison
Volatility
JFWD vs. SPMO - Volatility Comparison
The current volatility for Jacob Forward ETF (JFWD) is 0.00%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 4.77%. This indicates that JFWD experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.