AMOM vs SPY
Qraft AI-Enhanced US Large Cap Momentum ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. AMOM delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AMOM | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $26M | $821.1B | |
| Dividend Yield | 0.04% | 1.01% | |
| Holdings | 51 | 505 | |
| YTD Return | +18.96% | +13.17% | |
| 1Y Return | +29.81% | +21.53% | |
| 3Y Return (annualized) | +24.10% | +22.06% | |
| 5Y Return (annualized) | +10.80% | +13.35% | |
| Volatility (annualized) | 21.8% | 15.3% | |
| Max Drawdown | -39.7% | -56.5% | |
| Fund Family | QRAFT AI ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 20, 2019 | Jan 22, 1993 |
AMOM vs SPY Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is a ETF from QRAFT AI ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AMOM returned +29.81% while SPY returned +21.53%. Year to date, AMOM is up 18.96% versus a gain of 13.17% for SPY.
Over three years, AMOM compounded at +24.10% per year against +22.06% for SPY; over five years the annualized figures are +10.80% and +13.35% respectively. Across the full 7-year window we track, AMOM has the edge at +17.01% annualized vs +8.82%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMOM has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 15.3% 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 -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.85. 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 0.04% against 1.01% for SPY.
Holdings Overlap
AMOM and SPY share 40 holdings out of 513 unique holdings combined, representing a 10.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $66 per year of difference.
Which performed better, AMOM or SPY?
Over the past year AMOM returned +29.81% vs +21.53% for SPY, so AMOM leads on 1-year performance. Over the longest common window we track (7 years), AMOM annualized +17.01% vs +8.82% for SPY. Past performance does not guarantee future results.
Which is riskier, AMOM or SPY?
AMOM has been the more volatile fund at 21.8% annualized versus 15.3% for SPY. Worst drawdown: AMOM -39.7% vs SPY -56.5%.
Should I hold both AMOM and SPY?
AMOM and SPY have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMOM and SPY?
AMOM and SPY share 40 common holdings with a 10.1% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, AMOM or SPY?
AMOM yields 0.04% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.