VMOT vs. FWD

Last updated Apr 2, 2026

Compare and contrast key facts about Alpha Architect Value Momentum Trend ETF (VMOT) and AB Disruptors ETF (FWD).

VMOT and FWD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VMOT is a passively managed fund by EMPIRICAL FINANCE LLC that tracks the performance of the Alpha Architect Value Momentum Trend Index. It was launched on May 3, 2017. FWD is an actively managed fund by AllianceBernstein. It was launched on Mar 21, 2023.

Performance

VMOT vs. FWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect Value Momentum Trend ETF (VMOT) and AB Disruptors ETF (FWD). The values are adjusted to include any dividend payments, if applicable.

VMOT vs. FWD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VMOT Alpha Architect Value Momentum Trend ETF	8.20%	18.54%	12.07%	5.35%
FWD AB Disruptors ETF	6.18%	32.00%	29.23%	25.66%

Returns By Period

In the year-to-date period, VMOT achieves a 8.20% return, which is significantly higher than FWD's 6.18% return.

VMOT

• 1D: 1.90%
• 1M: -5.09%
• YTD: 8.20%
• 6M: 13.04%
• 1Y: 32.67%
• 3Y*: 14.52%
• 5Y*: 5.49%
• 10Y*: —

FWD

• 1D: 2.12%
• 1M: -5.85%
• YTD: 6.18%
• 6M: 8.22%
• 1Y: 56.74%
• 3Y*: 29.39%
• 5Y*: —
• 10Y*: —

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

VMOT vs. FWD - Expense Ratio Comparison

VMOT has a 1.75% expense ratio, which is higher than FWD's 0.65% expense ratio.

VMOT

Alpha Architect Value Momentum Trend ETF

FWD

AB Disruptors ETF

Return for Risk

VMOT vs. FWD — Risk / Return Rank

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

VMOT

VMOT Risk / Return Rank: 85
VMOT Sharpe Ratio Rank: 84
VMOT Sortino Ratio Rank: 85
VMOT Omega Ratio Rank: 87
VMOT Calmar Ratio Rank: 82
VMOT Martin Ratio Rank: 86

FWD

FWD Risk / Return Rank: 91
FWD Sharpe Ratio Rank: 89
FWD Sortino Ratio Rank: 89
FWD Omega Ratio Rank: 87
FWD Calmar Ratio Rank: 95
FWD Martin Ratio Rank: 93

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.

VMOT vs. FWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect Value Momentum Trend ETF (VMOT) and AB Disruptors ETF (FWD). 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.

	VMOT	FWD	Difference
Sharpe ratio Return per unit of total volatility	1.74	1.97	-0.24
Sortino ratio Return per unit of downside risk	2.36	2.59	-0.23
Omega ratio Gain probability vs. loss probability	1.36	1.37	-0.01
Calmar ratio Return relative to maximum drawdown	2.51	4.27	-1.76
Martin ratio Return relative to average drawdown	10.98	14.34	-3.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VMOT vs. FWD - Sharpe Ratio Comparison

The current VMOT Sharpe Ratio is 1.74, which is comparable to the FWD Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VMOT and FWD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VMOT	FWD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	1.97	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	1.28	-0.98

Correlation

The correlation between VMOT and FWD is 0.73, 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.

Dividends

VMOT vs. FWD - Dividend Comparison

VMOT's dividend yield for the trailing twelve months is around 1.90%, more than FWD's 0.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
VMOT Alpha Architect Value Momentum Trend ETF	1.90%	2.05%	2.54%	4.13%	2.24%	0.82%	0.00%	1.76%	0.93%	0.81%
FWD AB Disruptors ETF	0.11%	0.11%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VMOT vs. FWD - Drawdown Comparison

The maximum VMOT drawdown since its inception was -34.71%, which is greater than FWD's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for VMOT and FWD.

Drawdown Indicators

	VMOT	FWD	Difference
Max Drawdown Largest peak-to-trough decline	-34.71%	-29.02%	-5.69%
Max Drawdown (1Y) Largest decline over 1 year	-13.08%	-13.50%	+0.42%
Max Drawdown (5Y) Largest decline over 5 years	-23.73%	—	—
Current Drawdown Current decline from peak	-5.82%	-6.71%	+0.89%
Average Drawdown Average peak-to-trough decline	-13.55%	-4.23%	-9.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	4.02%	-1.03%

Volatility

VMOT vs. FWD - Volatility Comparison

The current volatility for Alpha Architect Value Momentum Trend ETF (VMOT) is 7.71%, while AB Disruptors ETF (FWD) has a volatility of 10.91%. This indicates that VMOT experiences smaller price fluctuations and is considered to be less risky than FWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VMOT	FWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.71%	10.91%	-3.20%
Volatility (6M) Calculated over the trailing 6-month period	11.88%	19.58%	-7.70%
Volatility (1Y) Calculated over the trailing 1-year period	18.91%	28.90%	-9.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.66%	24.64%	-8.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.83%	24.64%	-9.81%