ROUS vs. SPMO
Compare and contrast key facts about Hartford Multifactor US Equity ETF (ROUS) and Invesco S&P 500® Momentum ETF (SPMO).
ROUS and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROUS is a passively managed fund by The Hartford that tracks the performance of the Hartford Multi-factor Large Cap Index. It was launched on Feb 25, 2015. 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. Both ROUS and SPMO 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: ROUS or SPMO.
Correlation
The correlation between ROUS and SPMO is 0.80, 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
ROUS vs. SPMO - Performance Comparison
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Key characteristics
ROUS:
6.90%
SPMO:
14.84%
ROUS:
-0.49%
SPMO:
-0.94%
ROUS:
-0.31%
SPMO:
-0.02%
Returns By Period
ROUS
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SPMO
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ROUS vs. SPMO - Expense Ratio Comparison
ROUS has a 0.19% expense ratio, which is higher than SPMO's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ROUS vs. SPMO — Risk-Adjusted Performance Rank
ROUS
SPMO
ROUS vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor US Equity ETF (ROUS) 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
ROUS vs. SPMO - Dividend Comparison
ROUS's dividend yield for the trailing twelve months is around 1.69%, more than SPMO's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ROUS Hartford Multifactor US Equity ETF | 1.69% | 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 | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ROUS vs. SPMO - Drawdown Comparison
The maximum ROUS drawdown since its inception was -0.49%, smaller than the maximum SPMO drawdown of -0.94%. Use the drawdown chart below to compare losses from any high point for ROUS and SPMO. For additional features, visit the drawdowns tool.
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Volatility
ROUS vs. SPMO - Volatility Comparison
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