VAMO vs. ESIX

Last updated Jun 24, 2026

VAMO (Cambria Value and Momentum ETF) and ESIX (SPDR S&P SmallCap 600 ESG ETF) are both exchange-traded funds - VAMO is a Momentum fund actively managed by Cambria, while ESIX is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 ESG Index. VAMO is actively managed, while ESIX is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. VAMO charges 0.65%/yr vs 0.12%/yr for ESIX.

Performance

VAMO vs. ESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Value and Momentum ETF (VAMO) and SPDR S&P SmallCap 600 ESG ETF (ESIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VAMO

• 1D: -0.39%
• 1M: 1.34%
• YTD: 4.39%
• 6M: 3.05%
• 1Y: 19.78%
• 3Y*: 13.95%
• 5Y*: 9.24%
• 10Y*: 5.87%

ESIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VAMO vs. ESIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VAMO Cambria Value and Momentum ETF	4.39%	16.51%	6.11%	5.58%	8.21%
ESIX SPDR S&P SmallCap 600 ESG ETF	10.83%	1.83%	9.66%	17.51%	-13.44%

Correlation

The correlation between VAMO and ESIX is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jan 11, 2022	0.62

The correlation between VAMO and ESIX shifts across timeframes, from 0.62 (all time) to 0.76 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

VAMO vs. ESIX — Risk / Return Rank

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

VAMO

VAMO Risk / Return Rank: 60
VAMO Sharpe Ratio Rank: 56
VAMO Sortino Ratio Rank: 58
VAMO Omega Ratio Rank: 52
VAMO Calmar Ratio Rank: 75
VAMO Martin Ratio Rank: 61

ESIX

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

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.

VAMO vs. ESIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Value and Momentum ETF (VAMO) and SPDR S&P SmallCap 600 ESG ETF (ESIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VAMO	ESIX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.59	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	3.58	—	—
Martin ratio: Return relative to average drawdown	10.28	—	—

Drawdowns

Drawdown Indicators

	VAMO	ESIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.84%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.84%	—	—
Current Drawdown Current decline from peak	-1.59%	—	—
Average Drawdown Average peak-to-trough decline	-9.94%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	—	—

Volatility

Volatility by Period

	VAMO	ESIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.10%	—	—

VAMO vs. ESIX - Expense Ratio Comparison

VAMO has a 0.65% expense ratio, which is higher than ESIX's 0.12% expense ratio.

Dividends

VAMO vs. ESIX - Dividend Comparison

VAMO's dividend yield for the trailing twelve months is around 0.62%, less than ESIX's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESIX SPDR S&P SmallCap 600 ESG ETF	1.05%	1.64%	1.65%	1.69%	1.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VAMO Cambria Value and Momentum ETF	0.62%	1.41%	0.84%	1.35%	1.10%	1.07%	1.03%	1.15%	1.03%	0.35%	0.56%	0.20%

Frequently Asked Questions

Can I hold both VAMO and ESIX in my portfolio?

VAMO and ESIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VAMO or ESIX?

On fees, ESIX is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VAMO or ESIX?

ESIX is cheaper with a 0.12% expense ratio, compared with 0.65% for VAMO.

Which ETF pays a higher dividend yield, VAMO or ESIX?

ESIX has the higher dividend yield at 1.05%, compared with 0.62% for VAMO.

What is the main difference between VAMO and ESIX?

VAMO is categorized as Momentum, while ESIX is Small Cap Blend Equities. They also come from different issuers: Cambria and State Street. Their fees differ too: 0.65% for VAMO and 0.12% for ESIX.