AMOM vs MILN

AMOM vs MILN

Which is better, AMOM or MILN?

AMOM has been ahead.

MILN has a lower expense ratio. AMOM led over 1Y, 3Y, 5Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 36.9%.

Lower Fees: MILNHigher Returns: AMOMLess Concentrated: MILN

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

MetricAMOMMILN
Expense Ratio0.75%0.50%Best
AUM$23M$89M
Dividend Yield0.00%0.33%
Holdings102164
YTD Return+19.96%Best-7.25%
1Y Return+21.68%Best-10.86%
3Y Return (annualized)+24.92%Best+12.75%
5Y Return (annualized)+11.23%Best-0.22%
Volatility (annualized)21.6%Best22.4%
Max Drawdown-39.7%Best-44.4%
$10,000 over 5 years$17,026Best$9,890
Top 10 Weight36.9%33.8%Best
Fund FamilyQRAFT AI ETFsGlobal X by mirae Asset
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Growth
InceptionMay 20, 2019May 4, 2016

Volatility and max drawdown are measured over the window both funds cover: May 21, 2019 to Oct 14, 2026 (7.4 years).

AMOM vs MILN 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.

Compare AMOM against instead:AMOM vs SPYAMOM vs QQQAMOM vs VOOAMOM vs VTIMILN against:MILN vs VXUS

AMOM vs MILN Performance

Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is an ETF from QRAFT AI ETFs and Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset. Over the past year AMOM returned +21.68% while MILN returned -10.86%. Year to date, AMOM is up 19.96% versus a loss of 7.25% for MILN.

Over three years, AMOM compounded at +24.92% per year against +12.75% for MILN; over five years the annualized figures are +11.23% and -0.22% respectively. Across the full 7-year window we track, AMOM has the edge at +16.76% annualized vs +8.38%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MILN has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 21.6% for AMOM. 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 -44.4% for MILN. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AMOM charges 0.75% per year while MILN charges 0.50%. On a $10,000 position that is $75 vs $50 annually, a gap of $25 per year that compounds over a long holding period. On income, AMOM currently yields 0.00% against 0.33% for MILN.

Holdings Overlap

We hold position weights for 50 holdings in AMOM and 80 in MILN, totalling 99.5% and 99.8% 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 50 positions we hold weights for in AMOM and 80 in MILN, against full books of 102 and 164.

What only one of them owns

Our book lists 78 positions for MILN that do not appear in our book for AMOM (95.8% of the fund), and 50 for AMOM that do not appear in MILN (99.5%).

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 AMOM and MILN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AMOMMILN

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Frequently Asked Questions

Which is cheaper, AMOM or MILN?

AMOM has an expense ratio of 0.75% while MILN charges 0.50%. MILN is the cheaper option, by $25 a year on a $10,000 investment.

Which performed better, AMOM or MILN?

Over the past year AMOM returned +21.68% vs -10.86% for MILN, so AMOM leads on 1-year performance. Over the longest common window we track (7 years), AMOM annualized +16.76% vs +8.38% for MILN. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AMOM or MILN?

MILN has been the more volatile fund at 22.4% annualized versus 21.6% for AMOM. Worst drawdown: AMOM -39.7% vs MILN -44.4%.

Should I hold both AMOM and MILN?

AMOM and MILN have a monthly-return correlation of 0.74, 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, AMOM or MILN?

AMOM yields 0.00% while MILN yields 0.33%, so MILN currently pays the higher dividend yield.

Is MILN better than AMOM?

MILN has a lower expense ratio. AMOM led over 1Y, 3Y, 5Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.