MVPS vs. KOMP
Compare and contrast key facts about Amplify Thematic All-Stars ETF (MVPS) and SPDR S&P Kensho New Economies Composite ETF (KOMP).
MVPS and KOMP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MVPS is a passively managed fund by Amplify Investments that tracks the performance of the ETF All-Stars Thematic Composite Index - Benchmark TR Gross. It was launched on Jul 21, 2021. KOMP is a passively managed fund by State Street that tracks the performance of the S&P Kensho New Economies Composite Index. It was launched on Oct 22, 2018. Both MVPS and KOMP 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: MVPS or KOMP.
Key characteristics
| MVPS | KOMP | |
|---|---|---|
| YTD Return | 16.33% | 14.26% |
| 1Y Return | 34.20% | 33.08% |
| 3Y Return (Ann) | -6.19% | -6.69% |
| Sharpe Ratio | 1.76 | 1.85 |
| Sortino Ratio | 2.34 | 2.57 |
| Omega Ratio | 1.30 | 1.31 |
| Calmar Ratio | 1.02 | 0.85 |
| Martin Ratio | 8.51 | 8.40 |
| Ulcer Index | 4.69% | 4.53% |
| Daily Std Dev | 22.63% | 20.55% |
| Max Drawdown | -51.36% | -50.06% |
| Current Drawdown | -17.99% | -26.48% |
Correlation
The correlation between MVPS and KOMP is 0.91, 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.
Performance
MVPS vs. KOMP - Performance Comparison
In the year-to-date period, MVPS achieves a 16.33% return, which is significantly higher than KOMP's 14.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MVPS vs. KOMP - Expense Ratio Comparison
MVPS has a 0.49% expense ratio, which is higher than KOMP's 0.20% expense ratio.
Risk-Adjusted Performance
MVPS vs. KOMP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Thematic All-Stars ETF (MVPS) and SPDR S&P Kensho New Economies Composite ETF (KOMP). 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
MVPS vs. KOMP - Dividend Comparison
MVPS has not paid dividends to shareholders, while KOMP's dividend yield for the trailing twelve months is around 1.07%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
MVPS Amplify Thematic All-Stars ETF | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% |
KOMP SPDR S&P Kensho New Economies Composite ETF | 1.07% | 1.27% | 1.47% | 1.44% | 0.69% | 0.81% | 0.13% |
Drawdowns
MVPS vs. KOMP - Drawdown Comparison
The maximum MVPS drawdown since its inception was -51.36%, roughly equal to the maximum KOMP drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for MVPS and KOMP. For additional features, visit the drawdowns tool.
Volatility
MVPS vs. KOMP - Volatility Comparison
Amplify Thematic All-Stars ETF (MVPS) and SPDR S&P Kensho New Economies Composite ETF (KOMP) have volatilities of 6.55% and 6.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.