Correlation
The correlation between VLU and MMTM is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
VLU vs. MMTM
Compare and contrast key facts about SPDR S&P 1500 Value Tilt ETF (VLU) and SPDR S&P 1500 Momentum Tilt ETF (MMTM).
VLU and MMTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VLU is a passively managed fund by State Street that tracks the performance of the S&P 1500 Low Valuation Tilt Index. It was launched on Oct 24, 2012. MMTM is a passively managed fund by State Street that tracks the performance of the S&P 1500 Positive Momentum Tilt Index. It was launched on Oct 24, 2012. Both VLU and MMTM 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: VLU or MMTM.
Performance
VLU vs. MMTM - Performance Comparison
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Key characteristics
VLU:
0.52
MMTM:
0.38
VLU:
0.69
MMTM:
0.67
VLU:
1.10
MMTM:
1.09
VLU:
0.44
MMTM:
0.38
VLU:
1.67
MMTM:
1.32
VLU:
4.24%
MMTM:
6.45%
VLU:
17.48%
MMTM:
23.72%
VLU:
-37.38%
MMTM:
-33.85%
VLU:
-5.69%
MMTM:
-8.37%
Returns By Period
In the year-to-date period, VLU achieves a -0.22% return, which is significantly higher than MMTM's -3.60% return. Over the past 10 years, VLU has underperformed MMTM with an annualized return of 10.65%, while MMTM has yielded a comparatively higher 12.35% annualized return.
VLU
-0.22%
3.35%
-4.73%
8.44%
11.09%
16.79%
10.65%
MMTM
-3.60%
5.38%
-5.09%
7.99%
15.92%
15.78%
12.35%
Compare stocks, funds, or ETFs
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VLU vs. MMTM - Expense Ratio Comparison
Both VLU and MMTM have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VLU vs. MMTM — Risk-Adjusted Performance Rank
VLU
MMTM
VLU vs. MMTM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) and SPDR S&P 1500 Momentum Tilt ETF (MMTM). 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.
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Dividends
VLU vs. MMTM - Dividend Comparison
VLU's dividend yield for the trailing twelve months is around 2.09%, more than MMTM's 0.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLU SPDR S&P 1500 Value Tilt ETF | 2.09% | 2.00% | 2.02% | 2.16% | 1.86% | 1.98% | 2.19% | 2.57% | 1.95% | 2.14% | 6.37% | 5.42% |
MMTM SPDR S&P 1500 Momentum Tilt ETF | 0.93% | 0.83% | 1.16% | 1.67% | 0.95% | 1.14% | 1.55% | 1.63% | 1.52% | 1.98% | 1.68% | 1.54% |
Drawdowns
VLU vs. MMTM - Drawdown Comparison
The maximum VLU drawdown since its inception was -37.38%, which is greater than MMTM's maximum drawdown of -33.85%. Use the drawdown chart below to compare losses from any high point for VLU and MMTM.
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Volatility
VLU vs. MMTM - Volatility Comparison
SPDR S&P 1500 Value Tilt ETF (VLU) and SPDR S&P 1500 Momentum Tilt ETF (MMTM) have volatilities of 4.23% and 4.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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