AMOM vs SPY
Qraft AI-Enhanced US Large Cap Momentum ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AMOM or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. AMOM led over 1Y, 3Y and the full window, SPY over 5Y. AMOM is less concentrated, with 35.9% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMOM | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $21M | $804.7B |
| Dividend Yield | 0.03% | 0.98% |
| Holdings | 51 | 505 |
| YTD Return | +23.92%Best | +12.22% |
| 1Y Return | +26.45%Best | +15.43% |
| 3Y Return (annualized) | +27.74%Best | +22.71% |
| 5Y Return (annualized) | +12.33% | +13.64%Best |
| Volatility (annualized) | 21.7% | 16.4%Best |
| Max Drawdown | -39.7% | -34.1%Best |
| $10,000 over 5 years | $17,885 | $18,952Best |
| Top 10 Weight | 35.9%Best | 37.8% |
| Fund Family | QRAFT AI ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 20, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: May 21, 2019 to Sep 30, 2026 (7.4 years).
AMOM vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.4 years both funds cover.
AMOM vs SPY Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is an ETF from QRAFT AI ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AMOM returned +26.45% while SPY returned +15.43%. Year to date, AMOM is up 23.92% versus a gain of 12.22% for SPY.
Over three years, AMOM compounded at +27.74% per year against +22.71% for SPY; over five years the annualized figures are +12.33% and +13.64% respectively. Across the full 7-year window we track, AMOM has the edge at +17.37% annualized vs +15.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMOM has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 16.4% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -39.7% for AMOM and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMOM charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, AMOM currently yields 0.03% against 0.98% for SPY.
Holdings Overlap
98.3% of AMOM's money is in holdings SPY also owns. 11.1% of SPY's money is in holdings AMOM also owns.
Most of AMOM is already inside SPY. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 50 positions we hold weights for in AMOM and 504 in SPY, against full books of 51 and 505.
What only one of them owns
Measured across the 50 and 504 positions we hold weights for.
SPY holds 448 positions AMOM does not, 88.2% of the fund.
Largest: NVDA 8.01%, AAPL 7.26%, MSFT 5.66%, AMZN 3.79%, GOOGL 2.99%
Top Shared Holdings
| Stock | Weight in AMOM | Weight in SPY | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 5.43% | 1.60% | 3.83% |
| AMDAdvanced Micro Devices Inc | 4.02% | 1.14% | 2.88% |
| CSCOCisco Systems Inc. - Ordinary Shares | 4.04% | 0.66% | 3.38% |
| CATCaterpillar, Inc. | 3.79% | 0.55% | 3.24% |
| PANWPalo Alto Networks, Inc | 3.32% | 0.45% | 2.87% |
| INTCIntel Corporation | 2.96% | 0.67% | 2.29% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 3.09% | 0.37% | 2.72% |
| CRWDCrowdstrike Holdings Inc | 3.08% | 0.33% | 2.75% |
| MRNAModerna therapeutics | 3.19% | 0.08% | 3.11% |
| DELLDell Technologies Inc | 2.95% | 0.19% | 2.76% |
98.3% of AMOM is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMOM or SPY?
AMOM has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, AMOM or SPY?
Over the past year AMOM returned +26.45% vs +15.43% for SPY, so AMOM leads on 1-year performance. Over the longest common window we track (7 years), AMOM annualized +17.37% vs +15.38% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMOM or SPY?
AMOM has been the more volatile fund at 21.7% annualized versus 16.4% for SPY. Worst drawdown: AMOM -39.7% vs SPY -34.1%.
Should I hold both AMOM and SPY?
AMOM and SPY have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AMOM and SPY?
98.3% of AMOM's money is in holdings SPY also owns. 11.1% of SPY's is in holdings AMOM also owns. They hold 49 positions in common, counted across the 50 positions we hold weights for in AMOM and 504 in SPY.
Which pays a higher dividend, AMOM or SPY?
AMOM yields 0.03% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than AMOM?
SPY has a lower expense ratio. AMOM led over 1Y, 3Y and the full window, SPY over 5Y. AMOM is less concentrated, with 35.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.