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QSPT vs. SPMO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QSPT and SPMO is 0.86, 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

QSPT vs. SPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) and Invesco S&P 500® Momentum ETF (SPMO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QSPT:

0.73

SPMO:

1.13

Sortino Ratio

QSPT:

1.15

SPMO:

1.66

Omega Ratio

QSPT:

1.18

SPMO:

1.24

Calmar Ratio

QSPT:

0.70

SPMO:

1.42

Martin Ratio

QSPT:

3.02

SPMO:

5.12

Ulcer Index

QSPT:

3.59%

SPMO:

5.58%

Daily Std Dev

QSPT:

15.23%

SPMO:

25.09%

Max Drawdown

QSPT:

-22.64%

SPMO:

-30.95%

Current Drawdown

QSPT:

-0.72%

SPMO:

-0.05%

Returns By Period

In the year-to-date period, QSPT achieves a 2.73% return, which is significantly lower than SPMO's 10.97% return.


QSPT

YTD

2.73%

1M

6.38%

6M

3.36%

1Y

11.09%

3Y*

15.99%

5Y*

N/A

10Y*

N/A

SPMO

YTD

10.97%

1M

11.01%

6M

9.92%

1Y

28.24%

3Y*

24.08%

5Y*

21.18%

10Y*

N/A

*Annualized

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QSPT vs. SPMO - Expense Ratio Comparison

QSPT has a 0.90% expense ratio, which is higher than SPMO's 0.13% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

QSPT vs. SPMO — Risk-Adjusted Performance Rank

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

QSPT
The Risk-Adjusted Performance Rank of QSPT is 6868
Overall Rank
The Sharpe Ratio Rank of QSPT is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of QSPT is 6666
Sortino Ratio Rank
The Omega Ratio Rank of QSPT is 7474
Omega Ratio Rank
The Calmar Ratio Rank of QSPT is 6767
Calmar Ratio Rank
The Martin Ratio Rank of QSPT is 7171
Martin Ratio Rank

SPMO
The Risk-Adjusted Performance Rank of SPMO is 8484
Overall Rank
The Sharpe Ratio Rank of SPMO is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of SPMO is 8383
Sortino Ratio Rank
The Omega Ratio Rank of SPMO is 8484
Omega Ratio Rank
The Calmar Ratio Rank of SPMO is 8787
Calmar Ratio Rank
The Martin Ratio Rank of SPMO is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QSPT vs. SPMO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) 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.


The current QSPT Sharpe Ratio is 0.73, which is lower than the SPMO Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of QSPT and SPMO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

QSPT vs. SPMO - Dividend Comparison

QSPT has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.49%.


TTM2024202320222021202020192018201720162015
QSPT
FT Cboe Vest Nasdaq-100 Buffer ETF – September
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPMO
Invesco S&P 500® Momentum ETF
0.49%0.48%1.63%1.66%0.52%1.27%1.39%1.05%0.77%1.94%0.36%

Drawdowns

QSPT vs. SPMO - Drawdown Comparison

The maximum QSPT drawdown since its inception was -22.64%, smaller than the maximum SPMO drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for QSPT and SPMO.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

QSPT vs. SPMO - Volatility Comparison

The current volatility for FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) is 3.61%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 5.54%. This indicates that QSPT 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.


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