VAMO vs. FTLS
Compare and contrast key facts about Cambria Value & Momentum ETF (VAMO) and First Trust Long/Short Equity ETF (FTLS).
VAMO and FTLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VAMO is an actively managed fund by Cambria. It was launched on Sep 8, 2015. FTLS is an actively managed fund by First Trust. It was launched on Sep 9, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAMO or FTLS.
Correlation
The correlation between VAMO and FTLS is 0.46, 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
VAMO vs. FTLS - Performance Comparison
Key characteristics
VAMO:
0.64
FTLS:
1.68
VAMO:
1.04
FTLS:
2.32
VAMO:
1.12
FTLS:
1.31
VAMO:
1.01
FTLS:
3.84
VAMO:
2.09
FTLS:
11.99
VAMO:
4.38%
FTLS:
1.42%
VAMO:
14.27%
FTLS:
10.09%
VAMO:
-41.83%
FTLS:
-20.53%
VAMO:
-6.62%
FTLS:
-0.62%
Returns By Period
In the year-to-date period, VAMO achieves a 1.99% return, which is significantly lower than FTLS's 2.95% return.
VAMO
1.99%
-1.41%
6.29%
7.02%
9.77%
N/A
FTLS
2.95%
1.12%
8.32%
15.22%
9.95%
8.59%
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VAMO vs. FTLS - Expense Ratio Comparison
VAMO has a 0.64% expense ratio, which is lower than FTLS's 1.60% expense ratio.
Risk-Adjusted Performance
VAMO vs. FTLS — Risk-Adjusted Performance Rank
VAMO
FTLS
VAMO vs. FTLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Value & Momentum ETF (VAMO) and First Trust Long/Short Equity ETF (FTLS). 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
VAMO vs. FTLS - Dividend Comparison
VAMO's dividend yield for the trailing twelve months is around 0.82%, less than FTLS's 1.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAMO Cambria Value & Momentum ETF | 0.82% | 0.84% | 1.35% | 1.10% | 1.07% | 1.03% | 1.16% | 1.03% | 0.36% | 0.56% | 0.20% | 0.00% |
FTLS First Trust Long/Short Equity ETF | 1.46% | 1.50% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
Drawdowns
VAMO vs. FTLS - Drawdown Comparison
The maximum VAMO drawdown since its inception was -41.83%, which is greater than FTLS's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for VAMO and FTLS. For additional features, visit the drawdowns tool.
Volatility
VAMO vs. FTLS - Volatility Comparison
Cambria Value & Momentum ETF (VAMO) has a higher volatility of 2.83% compared to First Trust Long/Short Equity ETF (FTLS) at 2.44%. This indicates that VAMO's price experiences larger fluctuations and is considered to be riskier than FTLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.