QMOM vs. QVAL

Last updated Jun 4, 2026

QMOM (Alpha Architect U.S. Quantitative Momentum ETF) and QVAL (Alpha Architect U.S. Quantitative Value ETF) are both exchange-traded funds - QMOM is a Momentum fund actively managed by Alpha Architect, while QVAL is a Mid Cap Value Equities fund actively managed by Alpha Architect. Both are actively managed. Over the past 10 years, QMOM returned 13.82%/yr vs 11.64%/yr for QVAL. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.28% expense ratio.

Performance

QMOM vs. QVAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect U.S. Quantitative Momentum ETF (QMOM) and Alpha Architect U.S. Quantitative Value ETF (QVAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QMOM achieves a 24.65% return, which is significantly higher than QVAL's 14.68% return. Over the past 10 years, QMOM has outperformed QVAL with an annualized return of 13.82%, while QVAL has yielded a comparatively lower 11.64% annualized return.

QMOM

• 1D: -0.37%
• 1M: 6.10%
• YTD: 24.65%
• 6M: 26.71%
• 1Y: 31.51%
• 3Y*: 23.22%
• 5Y*: 11.55%
• 10Y*: 13.82%

QVAL

• 1D: -0.23%
• 1M: 4.34%
• YTD: 14.68%
• 6M: 15.27%
• 1Y: 29.65%
• 3Y*: 21.66%
• 5Y*: 12.15%
• 10Y*: 11.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QMOM vs. QVAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QMOM Alpha Architect U.S. Quantitative Momentum ETF	24.65%	2.36%	30.43%	9.50%	-6.99%	-4.06%	61.94%	28.39%	-11.75%	15.92%
QVAL Alpha Architect U.S. Quantitative Value ETF	14.68%	10.98%	12.21%	28.40%	-11.80%	34.40%	-5.93%	24.06%	-17.28%	25.59%

Correlation

The correlation between QMOM and QVAL is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.58

The correlation between QMOM and QVAL shifts across timeframes, from 0.46 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.

QMOM vs. QVAL - Sectors Allocation Comparison

Sectors	QMOM	QVAL
Industrials	37.5%	15.0%
Technology	23.9%	16.7%
Basic Materials	9.0%	7.6%
Healthcare	8.9%	11.1%
Consumer Cyclical	7.4%	32.4%
Energy	5.5%	5.5%
Communication Services	4.2%	3.8%
Utilities	2.0%	-
Financial Services	1.9%	-
Consumer Defensive	1.6%	7.9%
Real Estate	-	2.0%

Return for Risk

QMOM vs. QVAL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QMOM

QMOM Risk / Return Rank: 42
QMOM Sharpe Ratio Rank: 37
QMOM Sortino Ratio Rank: 36
QMOM Omega Ratio Rank: 37
QMOM Calmar Ratio Rank: 50
QMOM Martin Ratio Rank: 53

QVAL

QVAL Risk / Return Rank: 69
QVAL Sharpe Ratio Rank: 60
QVAL Sortino Ratio Rank: 69
QVAL Omega Ratio Rank: 57
QVAL Calmar Ratio Rank: 86
QVAL Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QMOM vs. QVAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect U.S. Quantitative Momentum ETF (QMOM) and Alpha Architect U.S. Quantitative Value ETF (QVAL). 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.

	QMOM	QVAL	Difference
Sharpe ratio Return per unit of total volatility	1.36	2.07	-0.71
Sortino ratio Return per unit of downside risk	1.91	3.21	-1.30
Omega ratio Gain probability vs. loss probability	1.25	1.35	-0.11
Calmar ratio Return relative to maximum drawdown	2.50	4.93	-2.43
Martin ratio Return relative to average drawdown	9.15	13.98	-4.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QMOM vs. QVAL - Sharpe Ratio Comparison

The current QMOM Sharpe Ratio is 1.36, which is lower than the QVAL Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of QMOM and QVAL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QMOM	QVAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.07	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.56	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.51	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.49	+0.03

Drawdowns

QMOM vs. QVAL - Drawdown Comparison

The maximum QMOM drawdown since its inception was -39.13%, smaller than the maximum QVAL drawdown of -51.49%. Use the drawdown chart below to compare losses from any high point for QMOM and QVAL.

Drawdown Indicators

	QMOM	QVAL	Difference
Max Drawdown Largest peak-to-trough decline	-39.13%	-51.49%	+12.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.65%	-6.04%	-6.61%
Max Drawdown (3Y) Largest decline over 3 years	-26.46%	-21.41%	-5.05%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	-27.17%	+0.35%
Max Drawdown (10Y) Largest decline over 10 years	-39.13%	-51.49%	+12.36%
Current Drawdown Current decline from peak	-0.37%	-0.78%	+0.41%
Average Drawdown Average peak-to-trough decline	-12.92%	-7.80%	-5.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	2.13%	+1.32%

Volatility

QMOM vs. QVAL - Volatility Comparison

Alpha Architect U.S. Quantitative Momentum ETF (QMOM) has a higher volatility of 8.32% compared to Alpha Architect U.S. Quantitative Value ETF (QVAL) at 4.16%. This indicates that QMOM's price experiences larger fluctuations and is considered to be riskier than QVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMOM	QVAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	4.16%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	19.78%	10.06%	+9.72%
Volatility (1Y) Calculated over the trailing 1-year period	23.30%	14.44%	+8.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.19%	21.63%	+2.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.49%	22.79%	+3.70%

QMOM vs. QVAL - Expense Ratio Comparison

Both QMOM and QVAL have an expense ratio of 0.28%.

Dividends

QMOM vs. QVAL - Dividend Comparison

QMOM's dividend yield for the trailing twelve months is around 0.44%, less than QVAL's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QMOM Alpha Architect U.S. Quantitative Momentum ETF	0.44%	0.54%	1.40%	0.87%	1.59%	0.12%	0.08%	0.01%	0.05%	0.13%	0.34%
QVAL Alpha Architect U.S. Quantitative Value ETF	1.46%	1.44%	1.72%	1.76%	2.00%	1.23%	1.86%	1.99%	1.64%	1.08%	1.30%

Frequently Asked Questions

Can I hold both QMOM and QVAL in my portfolio?

QMOM and QVAL have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QMOM or QVAL?

QMOM has higher volatility (8.32%) compared to QVAL (4.16%). In terms of maximum drawdown, QMOM dropped -39.13% vs QVAL's -51.49%.

Which ETF is better, QMOM or QVAL?

On 10-year performance, QMOM leads with 13.82% vs 11.64% for QVAL. Both ETFs have the same 0.28% expense ratio. On volatility, QVAL has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QMOM or QVAL?

Over the 10-year period, QMOM has performed better with a 13.82% return vs 11.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QMOM or QVAL?

QMOM and QVAL have the same expense ratio: 0.28% per year.

Which ETF pays a higher dividend yield, QMOM or QVAL?

QVAL has the higher dividend yield at 1.46%, compared with 0.44% for QMOM.

What is the main difference between QMOM and QVAL?

QMOM is categorized as Momentum, while QVAL is Mid Cap Value Equities.

Which has better risk-adjusted returns?

QVAL currently has the higher Sharpe Ratio (2.07 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.