QMOM
Alpha Architect U.S. Quantitative Momentum ETF
The MomentumShares U.S. Quantitative Momentum ETF is an actively managed fund that uses a systematic process focused on momentum to select and weight US stocks.
US
EQUITY
Active
MANAGEMENT STYLE
290.8 M
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
| Fund sponsor | Alpha Architect |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 01, 2015 |
| Assets (mns) | $291 |
| Expense ratio | 39 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BLUE OWL CAPITAL INC CLASS A | 2.2 % |
| GODADDY, INC. CLASS A | 2.2 % |
| JEFFERIES FINANCIAL GROUP INC. | 2.2 % |
| SYNCHRONY FINANCIAL | 2.1 % |
| INTUITIVE SURGICAL INC | 2.1 % |
| ROYAL CARIBBEAN CRUISES LTD | 2.1 % |
| WABTEC CORP | 2.1 % |
| CURTISS-WRIGHT CORP | 2.1 % |
| AMERICAN EXPRESS CO | 2.1 % |
| QUANTA SERVICES INC | 2.1 % |
Constituent Breakdown
| Number of holdings | 49 |
| Herfindahl-Hirschman Index | 201 |
| Wgt avg mkt cap (mns) | $70,272 |
| Large cap (>$10bn) | 82.1% |
| Mid cap ($2-10bn) | 17.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 93.8 % |
 |
LUXEMBOURG | 2.1 % |
 |
IRELAND | 2.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 38.5% | 49.5% | 18.2% | 11.7% | 16.7% | -- | 13.0% | Volatility | 20.8% | 20.5% | 20.3% | 23.6% | 30.5% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.07 | 70% |
| MSCI EAFE | 0.85 | 43% |
| MSCI Emg Mkts | 0.47 | 13% |
Liquidity Measures
| Avg. volume (000) | 34 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.18% |
| ADV of underlying (mns) | $15,179 |
Technical Indicators
| Recent close | $64.19 |
| 30d moving avg. | $69.80 |
| Annualized volatility | 22.5% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 8.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QMOM |
Expenses vs. QMOM |
ALTAR Score™ vs. QMOM |
|---|---|---|---|---|
| XMMO | Invesco S&P MidCap Momentum ETF | 21.5% | -5 bp | +1.6% |
| PDP | Invesco Dorsey Wright Momentum ETF | 16.7% | +23 bp | -1.0% |
| BRNY | Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation | 16.1% | +40 bp | +0.2% |
| PAMC | Pacer Lunt MidCap Multi-Factor Alternator ETF | 15.4% | +21 bp | +1.7% |
| FFTY | Innovator IBD 50 ETF | 14.9% | +41 bp | -6.3% |
| FTC | First Trust Large Cap Growth AlphaDEX Fund | 14.7% | +20 bp | -1.9% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 13.8% | -24 bp | -0.2% |
| KCE | SPDR S&P Capital Markets ETF | 12.9% | -4 bp | +1.8% |
| PWB | Invesco Large Cap Growth ETF | 12.4% | +17 bp | -1.1% |
| FNY | First Trust Mid Cap Growth AlphaDEX Fund | 11.6% | +31 bp | -1.5% |
Risk and Returns: QMOM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/18/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
QMOM
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
QMOM
4.5%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.6%. QMOM's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places QMOM in the 32nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
QMOMSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| QMOM (39 bp) Percentile rank | 23 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QMOM | 39.0 | 18.0 | 57 |
| Peer Avg. | 56.8 | 24.6 | 81.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .