Correlation
The correlation between LCLG and SPMO is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
LCLG vs. SPMO
Compare and contrast key facts about Logan Capital Broad Innovative Growth ETF (LCLG) and Invesco S&P 500® Momentum ETF (SPMO).
LCLG and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LCLG is an actively managed fund by Logan. It was launched on Jun 28, 2012. 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: LCLG or SPMO.
Performance
LCLG vs. SPMO - Performance Comparison
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Key characteristics
LCLG:
0.71
SPMO:
1.22
LCLG:
1.12
SPMO:
1.64
LCLG:
1.16
SPMO:
1.23
LCLG:
0.69
SPMO:
1.39
LCLG:
2.32
SPMO:
5.03
LCLG:
7.73%
SPMO:
5.58%
LCLG:
26.27%
SPMO:
25.08%
LCLG:
-25.79%
SPMO:
-30.95%
LCLG:
-6.04%
SPMO:
0.00%
Returns By Period
In the year-to-date period, LCLG achieves a 0.30% return, which is significantly lower than SPMO's 11.09% return.
LCLG
0.30%
9.68%
-1.55%
18.61%
N/A
N/A
N/A
SPMO
11.09%
10.05%
9.23%
30.10%
24.56%
21.21%
N/A
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LCLG vs. SPMO - Expense Ratio Comparison
LCLG has a 0.99% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
LCLG vs. SPMO — Risk-Adjusted Performance Rank
LCLG
SPMO
LCLG vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Logan Capital Broad Innovative Growth ETF (LCLG) 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.
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Dividends
LCLG vs. SPMO - Dividend Comparison
LCLG's dividend yield for the trailing twelve months is around 0.06%, less than SPMO's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LCLG Logan Capital Broad Innovative Growth ETF | 0.06% | 0.06% | 0.97% | 2.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.48% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
LCLG vs. SPMO - Drawdown Comparison
The maximum LCLG drawdown since its inception was -25.79%, smaller than the maximum SPMO drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for LCLG and SPMO.
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Volatility
LCLG vs. SPMO - Volatility Comparison
Logan Capital Broad Innovative Growth ETF (LCLG) has a higher volatility of 7.08% compared to Invesco S&P 500® Momentum ETF (SPMO) at 5.51%. This indicates that LCLG's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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