GMOM vs VOO
Cambria Global Momentum ETF vs Vanguard S&P 500 ETF
Which is better, GMOM or VOO?
Tactical Allocation against Large Cap Blend.
VOO has a lower expense ratio. GMOM led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 83.4%.
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 | GMOM | VOO |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $72M | $1.0T |
| Dividend Yield | 1.43% | 1.04% |
| Holdings | 30 | 506 |
| YTD Return | +14.13% | +14.88%Best |
| 1Y Return | +18.14%Best | +17.30% |
| 3Y Return (annualized) | +15.06% | +23.04%Best |
| 5Y Return (annualized) | +7.68% | +13.97%Best |
| Volatility (annualized) | 9.6%Best | 14.9% |
| Max Drawdown | -25.0%Best | -34.3% |
| $10,000 over 5 years | $14,477 | $19,229Best |
| Top 10 Weight | 83.4% | 37.6%Best |
| Fund Family | Cambria Investment Management | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Tactical Allocation | Large Cap Blend |
| Inception | Nov 3, 2014 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Nov 4, 2014 to Oct 9, 2026 (11.9 years).
GMOM vs VOO 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 11.9 years both funds cover.
GMOM vs VOO Performance
Cambria Global Momentum ETF (GMOM) is an ETF from Cambria Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year GMOM returned +18.14% while VOO returned +17.30%. Year to date, GMOM is up 14.13% versus a gain of 14.88% for VOO.
Over three years, GMOM compounded at +15.06% per year against +23.04% for VOO; over five years the annualized figures are +7.68% and +13.97% respectively. Across the full 12-year window we track, VOO has the edge at +12.80% annualized vs +6.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 9.6% for GMOM. 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 -25.0% for GMOM and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GMOM charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, GMOM currently yields 1.43% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 14 holdings in GMOM and 494 in VOO, totalling 100.0% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 14 positions we hold weights for in GMOM and 494 in VOO, against full books of 30 and 506.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for GMOM (99.2% of the fund), and 13 for GMOM that do not appear in VOO (87.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of GMOM and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GMOM or VOO?
GMOM has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, GMOM or VOO?
Over the past year GMOM returned +18.14% vs +17.30% for VOO, so GMOM leads on 1-year performance. Over the longest common window we track (12 years), GMOM annualized +6.02% vs +12.80% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMOM or VOO?
VOO has been the more volatile fund at 14.9% annualized versus 9.6% for GMOM. Worst drawdown: GMOM -25.0% vs VOO -34.3%.
Should I hold both GMOM and VOO?
GMOM and VOO have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GMOM or VOO?
GMOM yields 1.43% while VOO yields 1.04%, so GMOM currently pays the higher dividend yield.
Is VOO better than GMOM?
VOO has a lower expense ratio. GMOM led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 83.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.