PTF vs. SMOM
PTF (Invesco DWA Technology Momentum ETF) and SMOM (Symmetry Panoramic Sector Momentum ETF) are both exchange-traded funds - PTF is a Momentum fund tracking the DWA Technology Technical Leaders Index, while SMOM is a Large Cap Blend Equities fund actively managed by Symmetry Partners. PTF is passively managed, while SMOM is actively managed. A 0.73 correlation means they provide meaningful diversification when combined. PTF charges 0.60%/yr vs 0.63%/yr for SMOM.
Performance
PTF vs. SMOM - Performance Comparison
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Returns By Period
In the year-to-date period, PTF achieves a 77.58% return, which is significantly higher than SMOM's 9.82% return.
PTF
- 1D
- 0.27%
- 1M
- 19.05%
- YTD
- 77.58%
- 6M
- 74.93%
- 1Y
- 109.08%
- 3Y*
- 43.28%
- 5Y*
- 23.79%
- 10Y*
- 26.93%
SMOM
- 1D
- 0.27%
- 1M
- 5.93%
- YTD
- 9.82%
- 6M
- 10.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PTF vs. SMOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PTF Invesco DWA Technology Momentum ETF | 77.58% | 7.54% |
SMOM Symmetry Panoramic Sector Momentum ETF | 9.82% | 2.81% |
Correlation
The correlation between PTF and SMOM is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025 | 0.73 |
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Return for Risk
PTF vs. SMOM — Risk / Return Rank
PTF
SMOM
PTF vs. SMOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Technology Momentum ETF (PTF) and Symmetry Panoramic Sector Momentum ETF (SMOM). 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.
| PTF | SMOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.44 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 6.10 | — | — |
| Martin ratioReturn relative to average drawdown | 24.27 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PTF | SMOM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.86 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.45 | -0.91 |
Drawdowns
PTF vs. SMOM - Drawdown Comparison
The maximum PTF drawdown since its inception was -55.38%, which is greater than SMOM's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for PTF and SMOM.
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Drawdown Indicators
| PTF | SMOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -7.45% | -47.93% |
Max Drawdown (1Y)Largest decline over 1 year | -17.99% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -36.11% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.88% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -13.27% | -1.48% | -11.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.51% | — | — |
Volatility
PTF vs. SMOM - Volatility Comparison
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Volatility by Period
| PTF | SMOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.27% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 29.47% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 38.39% | 12.62% | +25.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.95% | 12.62% | +22.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.94% | 12.62% | +20.32% |
PTF vs. SMOM - Expense Ratio Comparison
PTF has a 0.60% expense ratio, which is lower than SMOM's 0.63% expense ratio.
Dividends
PTF vs. SMOM - Dividend Comparison
PTF's dividend yield for the trailing twelve months is around 0.01%, less than SMOM's 0.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PTF Invesco DWA Technology Momentum ETF | 0.01% | 0.21% | 0.00% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.04% | 0.26% |
SMOM Symmetry Panoramic Sector Momentum ETF | 0.15% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PTF and SMOM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PTF is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PTF is cheaper with a 0.60% expense ratio, compared with 0.63% for SMOM.
SMOM has the higher dividend yield at 0.15%, compared with 0.01% for PTF.
PTF is categorized as Momentum, while SMOM is Large Cap Blend Equities. They also come from different issuers: Invesco and Symmetry Partners. Their fees differ too: 0.60% for PTF and 0.63% for SMOM.
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