SMOM vs. AFOS

Last updated Jun 4, 2026

SMOM (Symmetry Panoramic Sector Momentum ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. SMOM charges 0.63%/yr vs 0.45%/yr for AFOS.

Performance

SMOM vs. AFOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic Sector Momentum ETF (SMOM) and ARS Focused Opportunities Strategy ETF (AFOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMOM achieves a 9.82% return, which is significantly lower than AFOS's 32.04% return.

SMOM

• 1D: 0.27%
• 1M: 5.93%
• YTD: 9.82%
• 6M: 10.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AFOS

• 1D: -0.29%
• 1M: 8.94%
• YTD: 32.04%
• 6M: 37.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMOM vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
SMOM Symmetry Panoramic Sector Momentum ETF	9.82%	2.81%
AFOS ARS Focused Opportunities Strategy ETF	32.04%	19.54%

Correlation

The correlation between SMOM and AFOS is 0.78, 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	0.78

Return for Risk

SMOM vs. AFOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic Sector Momentum ETF (SMOM) and ARS Focused Opportunities Strategy ETF (AFOS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SMOM	AFOS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	4.35	-2.90

Drawdowns

SMOM vs. AFOS - Drawdown Comparison

The maximum SMOM drawdown since its inception was -7.45%, smaller than the maximum AFOS drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for SMOM and AFOS.

Drawdown Indicators

	SMOM	AFOS	Difference
Max Drawdown Largest peak-to-trough decline	-7.45%	-11.52%	+4.07%
Current Drawdown Current decline from peak	0.00%	-0.29%	+0.29%
Average Drawdown Average peak-to-trough decline	-1.48%	-1.37%	-0.11%

Volatility

Volatility by Period

	SMOM	AFOS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.62%	20.19%	-7.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.62%	20.19%	-7.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.62%	20.19%	-7.57%

SMOM vs. AFOS - Expense Ratio Comparison

SMOM has a 0.63% expense ratio, which is higher than AFOS's 0.45% expense ratio.

Dividends

SMOM vs. AFOS - Dividend Comparison

SMOM's dividend yield for the trailing twelve months is around 0.15%, less than AFOS's 0.22% yield.

Position	TTM	2025
AFOS ARS Focused Opportunities Strategy ETF	0.22%	0.30%
SMOM Symmetry Panoramic Sector Momentum ETF	0.15%	0.16%

Frequently Asked Questions

Can I hold both SMOM and AFOS in my portfolio?

SMOM and AFOS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMOM or AFOS?

On fees, AFOS is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMOM or AFOS?

AFOS is cheaper with a 0.45% expense ratio, compared with 0.63% for SMOM.

Which ETF pays a higher dividend yield, SMOM or AFOS?

AFOS has the higher dividend yield at 0.22%, compared with 0.15% for SMOM.

What is the main difference between SMOM and AFOS?

They also come from different issuers: Symmetry Partners and ARS Investment Partners. Their fees differ too: 0.63% for SMOM and 0.45% for AFOS.