USEW vs. GMOM

Last updated Jun 6, 2026

USEW (Cambria U.S. Equal Weight ETF) and GMOM (Cambria Global Momentum ETF) are both exchange-traded funds - USEW is a Large Cap Blend Equities fund actively managed by Cambria, while GMOM is a Momentum fund actively managed by Cambria. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. USEW charges 0.25%/yr vs 0.96%/yr for GMOM.

Performance

USEW vs. GMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria U.S. Equal Weight ETF (USEW) and Cambria Global Momentum ETF (GMOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USEW achieves a 7.29% return, which is significantly lower than GMOM's 8.43% return.

USEW

• 1D: -1.98%
• 1M: 0.74%
• YTD: 7.29%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMOM

• 1D: -3.03%
• 1M: -3.35%
• YTD: 8.43%
• 6M: 10.47%
• 1Y: 25.78%
• 3Y*: 12.62%
• 5Y*: 6.40%
• 10Y*: 7.27%

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

USEW vs. GMOM - Yearly Performance Comparison

	2026 (YTD)	2025
USEW Cambria U.S. Equal Weight ETF	7.29%	0.77%
GMOM Cambria Global Momentum ETF	8.43%	1.41%

Correlation

The correlation between USEW and GMOM is 0.70, 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 Dec 19, 2025	0.70

Return for Risk

USEW vs. GMOM — Risk / Return Rank

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

GMOM

GMOM Risk / Return Rank: 57
GMOM Sharpe Ratio Rank: 57
GMOM Sortino Ratio Rank: 54
GMOM Omega Ratio Rank: 58
GMOM Calmar Ratio Rank: 57
GMOM Martin Ratio Rank: 61

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.

USEW vs. GMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria U.S. Equal Weight ETF (USEW) and Cambria Global Momentum ETF (GMOM). 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

	USEW	GMOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.85	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.44	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.47	+0.97

Drawdowns

USEW vs. GMOM - Drawdown Comparison

The maximum USEW drawdown since its inception was -7.85%, smaller than the maximum GMOM drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for USEW and GMOM.

Drawdown Indicators

	USEW	GMOM	Difference
Max Drawdown Largest peak-to-trough decline	-7.85%	-25.03%	+17.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.57%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.16%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.03%	—
Current Drawdown Current decline from peak	-1.98%	-4.83%	+2.85%
Average Drawdown Average peak-to-trough decline	-1.33%	-7.81%	+6.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.46%	—

Volatility

Volatility by Period

	USEW	GMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.96%	13.97%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.96%	14.47%	-1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.96%	12.86%	+0.10%

USEW vs. GMOM - Expense Ratio Comparison

USEW has a 0.25% expense ratio, which is lower than GMOM's 0.96% expense ratio.

Dividends

USEW vs. GMOM - Dividend Comparison

USEW's dividend yield for the trailing twelve months is around 0.50%, less than GMOM's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMOM Cambria Global Momentum ETF	1.63%	3.01%	2.16%	3.63%	2.52%	3.42%	1.24%	2.60%	1.90%	2.05%	1.77%	1.88%
USEW Cambria U.S. Equal Weight ETF	0.50%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USEW and GMOM in my portfolio?

USEW and GMOM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USEW or GMOM?

On fees, USEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USEW or GMOM?

USEW is cheaper with a 0.25% expense ratio, compared with 0.96% for GMOM.

Which ETF pays a higher dividend yield, USEW or GMOM?

GMOM has the higher dividend yield at 1.63%, compared with 0.50% for USEW.

What is the main difference between USEW and GMOM?

USEW is categorized as Large Cap Blend Equities, while GMOM is Momentum. Their fees differ too: 0.25% for USEW and 0.96% for GMOM.