VSMGX vs. SPMO
Compare and contrast key facts about Vanguard LifeStrategy Moderate Growth Fund (VSMGX) and Invesco S&P 500® Momentum ETF (SPMO).
VSMGX is managed by Vanguard. It was launched on Sep 30, 1994. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSMGX or SPMO.
Key characteristics
| VSMGX | SPMO | |
|---|---|---|
| YTD Return | 12.33% | 48.40% |
| 1Y Return | 20.67% | 64.75% |
| 3Y Return (Ann) | 1.34% | 15.66% |
| 5Y Return (Ann) | 5.78% | 20.95% |
| Sharpe Ratio | 2.55 | 3.58 |
| Sortino Ratio | 3.69 | 4.57 |
| Omega Ratio | 1.48 | 1.63 |
| Calmar Ratio | 1.44 | 4.84 |
| Martin Ratio | 15.78 | 20.15 |
| Ulcer Index | 1.26% | 3.16% |
| Daily Std Dev | 7.79% | 17.80% |
| Max Drawdown | -41.18% | -30.95% |
| Current Drawdown | -0.03% | 0.00% |
Correlation
The correlation between VSMGX and SPMO 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.
Performance
VSMGX vs. SPMO - Performance Comparison
In the year-to-date period, VSMGX achieves a 12.33% return, which is significantly lower than SPMO's 48.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VSMGX vs. SPMO - Expense Ratio Comparison
Both VSMGX and SPMO have an expense ratio of 0.13%, 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
VSMGX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard LifeStrategy Moderate Growth Fund (VSMGX) 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
VSMGX vs. SPMO - Dividend Comparison
VSMGX's dividend yield for the trailing twelve months is around 2.57%, more than SPMO's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMGX Vanguard LifeStrategy Moderate Growth Fund | 2.57% | 2.63% | 2.10% | 1.91% | 1.71% | 2.45% | 2.65% | 2.15% | 2.22% | 2.19% | 2.10% | 1.93% |
SPMO Invesco S&P 500® Momentum ETF | 0.44% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% | 0.00% |
Drawdowns
VSMGX vs. SPMO - Drawdown Comparison
The maximum VSMGX drawdown since its inception was -41.18%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for VSMGX and SPMO. For additional features, visit the drawdowns tool.
Volatility
VSMGX vs. SPMO - Volatility Comparison
The current volatility for Vanguard LifeStrategy Moderate Growth Fund (VSMGX) is 2.04%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 4.88%. This indicates that VSMGX 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.