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 | 4.30% | 22.07% |
| 1Y Return | 13.59% | 46.96% |
| 3Y Return (Ann) | 2.18% | 15.54% |
| 5Y Return (Ann) | 6.72% | 16.78% |
| Sharpe Ratio | 1.57 | 3.31 |
| Daily Std Dev | 8.90% | 14.22% |
| Max Drawdown | -41.13% | -30.95% |
| Current Drawdown | 0.00% | -1.25% |
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 4.30% return, which is significantly lower than SPMO's 22.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 3.84%, more than SPMO's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMGX Vanguard LifeStrategy Moderate Growth Fund | 3.84% | 4.01% | 2.66% | 3.86% | 3.46% | 2.52% | 4.11% | 2.31% | 2.26% | 3.89% | 2.75% | 2.21% |
SPMO Invesco S&P 500® Momentum ETF | 1.06% | 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 -41.13%, 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 2.21%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 5.06%. 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.