UTRN vs. SPMO
Compare and contrast key facts about Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and Invesco S&P 500® Momentum ETF (SPMO).
UTRN and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTRN is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Vesper US Large Cap Short-Term Reversal Index. It was launched on Sep 21, 2018. 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 UTRN 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: UTRN or SPMO.
Correlation
The correlation between UTRN and SPMO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UTRN vs. SPMO - Performance Comparison
Key characteristics
UTRN:
2.25
SPMO:
2.23
UTRN:
3.11
SPMO:
2.94
UTRN:
1.41
SPMO:
1.39
UTRN:
1.53
SPMO:
3.12
UTRN:
10.95
SPMO:
12.56
UTRN:
2.64%
SPMO:
3.27%
UTRN:
12.86%
SPMO:
18.36%
UTRN:
-39.40%
SPMO:
-30.95%
UTRN:
-5.43%
SPMO:
-0.19%
Returns By Period
In the year-to-date period, UTRN achieves a 0.27% return, which is significantly lower than SPMO's 8.47% return.
UTRN
0.27%
-1.53%
7.86%
26.66%
10.41%
N/A
SPMO
8.47%
5.95%
16.92%
37.83%
19.51%
N/A
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UTRN vs. SPMO - Expense Ratio Comparison
UTRN has a 0.75% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
UTRN vs. SPMO — Risk-Adjusted Performance Rank
UTRN
SPMO
UTRN vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) 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.
Dividends
UTRN vs. SPMO - Dividend Comparison
UTRN's dividend yield for the trailing twelve months is around 1.06%, more than SPMO's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF | 1.06% | 1.06% | 2.75% | 1.09% | 24.51% | 9.08% | 3.77% | 0.71% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.44% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
UTRN vs. SPMO - Drawdown Comparison
The maximum UTRN drawdown since its inception was -39.40%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for UTRN and SPMO. For additional features, visit the drawdowns tool.
Volatility
UTRN vs. SPMO - Volatility Comparison
The current volatility for Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) is 3.15%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 4.83%. This indicates that UTRN 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.