SAMM vs. SPVM

Last updated Jun 4, 2026

SAMM (Strategas Macro Momentum ETF) and SPVM (Invesco S&P 500 Value with Momentum ETF) are both Momentum funds. SAMM is actively managed, while SPVM is passively managed. Over the past year, SAMM returned 29.29% vs 28.06% for SPVM. A 0.66 correlation means they provide meaningful diversification when combined. SAMM charges 0.66%/yr vs 0.39%/yr for SPVM.

Performance

SAMM vs. SPVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategas Macro Momentum ETF (SAMM) and Invesco S&P 500 Value with Momentum ETF (SPVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAMM achieves a 11.69% return, which is significantly higher than SPVM's 8.29% return.

SAMM

• 1D: -1.23%
• 1M: 7.55%
• YTD: 11.69%
• 6M: 12.00%
• 1Y: 29.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPVM

• 1D: -0.70%
• 1M: 3.16%
• YTD: 8.29%
• 6M: 10.61%
• 1Y: 28.06%
• 3Y*: 19.14%
• 5Y*: 10.09%
• 10Y*: 11.89%

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

SAMM vs. SPVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SAMM Strategas Macro Momentum ETF	11.69%	12.01%	10.47%
SPVM Invesco S&P 500 Value with Momentum ETF	8.29%	20.47%	4.68%

Correlation

The correlation between SAMM and SPVM is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (All Time) Calculated using the full available price history since Apr 5, 2024	0.66

The correlation between SAMM and SPVM has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.

SAMM vs. SPVM - Sectors Allocation Comparison

Sectors	SAMM	SPVM
Industrials	27.1%	4.4%
Basic Materials	15.0%	1.8%
Healthcare	14.2%	6.3%
Technology	14.0%	5.3%
Energy	10.4%	8.7%
Consumer Cyclical	7.3%	6.3%
Financial Services	5.2%	37.0%
Utilities	4.0%	14.2%
Communication Services	3.8%	6.6%
Consumer Defensive	2.8%	4.9%
Real Estate	-	1.9%

Return for Risk

SAMM vs. SPVM — Risk / Return Rank

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

SAMM

SAMM Risk / Return Rank: 58
SAMM Sharpe Ratio Rank: 51
SAMM Sortino Ratio Rank: 50
SAMM Omega Ratio Rank: 49
SAMM Calmar Ratio Rank: 71
SAMM Martin Ratio Rank: 68

SPVM

SPVM Risk / Return Rank: 76
SPVM Sharpe Ratio Rank: 73
SPVM Sortino Ratio Rank: 76
SPVM Omega Ratio Rank: 69
SPVM Calmar Ratio Rank: 81
SPVM Martin Ratio Rank: 81

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.

SAMM vs. SPVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategas Macro Momentum ETF (SAMM) and Invesco S&P 500 Value with Momentum ETF (SPVM). 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.

	SAMM	SPVM	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.43	-0.70
Sortino ratio: Return per unit of downside risk	2.38	3.47	-1.09
Omega ratio: Gain probability vs. loss probability	1.30	1.42	-0.12
Calmar ratio: Return relative to maximum drawdown	3.49	4.29	-0.80
Martin ratio: Return relative to average drawdown	12.39	16.33	-3.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAMM vs. SPVM - Sharpe Ratio Comparison

The current SAMM Sharpe Ratio is 1.72, which is comparable to the SPVM Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of SAMM and SPVM, 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

	SAMM	SPVM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	2.43	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.63	+0.24

Drawdowns

SAMM vs. SPVM - Drawdown Comparison

The maximum SAMM drawdown since its inception was -24.09%, smaller than the maximum SPVM drawdown of -45.35%. Use the drawdown chart below to compare losses from any high point for SAMM and SPVM.

Drawdown Indicators

	SAMM	SPVM	Difference
Max Drawdown Largest peak-to-trough decline	-24.09%	-45.35%	+21.26%
Max Drawdown (1Y) Largest decline over 1 year	-8.43%	-6.57%	-1.86%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.35%	—
Current Drawdown Current decline from peak	-1.23%	-0.70%	-0.53%
Average Drawdown Average peak-to-trough decline	-4.36%	-4.99%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	1.72%	+0.65%

Volatility

SAMM vs. SPVM - Volatility Comparison

Strategas Macro Momentum ETF (SAMM) has a higher volatility of 6.74% compared to Invesco S&P 500 Value with Momentum ETF (SPVM) at 2.79%. This indicates that SAMM's price experiences larger fluctuations and is considered to be riskier than SPVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAMM	SPVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.74%	2.79%	+3.95%
Volatility (6M) Calculated over the trailing 6-month period	12.74%	7.48%	+5.26%
Volatility (1Y) Calculated over the trailing 1-year period	17.09%	11.63%	+5.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.83%	16.77%	+2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.83%	19.57%	-0.74%

SAMM vs. SPVM - Expense Ratio Comparison

SAMM has a 0.66% expense ratio, which is higher than SPVM's 0.39% expense ratio.

Dividends

SAMM vs. SPVM - Dividend Comparison

SAMM's dividend yield for the trailing twelve months is around 0.92%, less than SPVM's 1.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAMM Strategas Macro Momentum ETF	0.92%	1.03%	0.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPVM Invesco S&P 500 Value with Momentum ETF	1.91%	2.02%	1.91%	2.45%	2.33%	1.41%	2.11%	2.40%	3.10%	1.68%	2.80%	2.67%

Frequently Asked Questions

Can I hold both SAMM and SPVM in my portfolio?

SAMM and SPVM have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAMM or SPVM?

SAMM has higher volatility (6.74%) compared to SPVM (2.79%). In terms of maximum drawdown, SAMM dropped -24.09% vs SPVM's -45.35%.

Which ETF is better, SAMM or SPVM?

On 1-year performance, SAMM leads with 29.29% vs 28.06% for SPVM. On fees, SPVM is cheaper at 0.39% per year. On volatility, SPVM has been the lower-risk option at 2.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SAMM or SPVM?

Over the 1-year period, SAMM has performed better with a 29.29% return vs 28.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SAMM or SPVM?

SPVM is cheaper with a 0.39% expense ratio, compared with 0.66% for SAMM.

Which ETF pays a higher dividend yield, SAMM or SPVM?

SPVM has the higher dividend yield at 1.91%, compared with 0.92% for SAMM.

What is the main difference between SAMM and SPVM?

They also come from different issuers: Strategas and Invesco. Their fees differ too: 0.66% for SAMM and 0.39% for SPVM.

Which has better risk-adjusted returns?

SPVM currently has the higher Sharpe Ratio (2.43 vs 1.72), 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.