MMTM vs GLDI

Comparison between STATE STREET(R) SPDR(R) S&P(R) 1500 MOMENTUM TILT ETF (MMTM, ETF) and Credit Suisse AG Nassau Branch (GLDI, ETF).

5-Year PerformanceMMTM has outperformed GLDI, delivering a return of +12.2% compared to +10.5%

MMTM vs GLDI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMTM(ETF)	GLDI(ETF)
Net Assets	$166M	$165M
Expense Ratio	0.12%	0.65%
Max Drawdown	34.21%	67.52%
Sharpe Ratio	0.74	0.51
5Y Beta	1.11	0.16
P/E Ratio	25.96	N/A
Forward P/E	20.34	N/A
5Y Dividends CAGR	10.14%	8.99%
5Y EPS CAGR	18.89%	N/A
Debt to Equity	50.03%	N/A
P/S Ratio	2.65	N/A
P/B Ratio	4.47	N/A

Net Assets

Winner

MMTM

$166M

GLDI

$165M

Expense Ratio

Winner

MMTM

0.12%

GLDI

0.65%

Max Drawdown

Winner

MMTM

34.21%

GLDI

67.52%

Sharpe Ratio

Winner

MMTM

0.74

GLDI

0.51

5Y Beta

MMTM

1.11

Winner

GLDI

0.16

P/E Ratio

MMTM

25.96

GLDI

N/A

Forward P/E

MMTM

20.34

GLDI

N/A

5Y Dividends CAGR

Winner

MMTM

10.14%

GLDI

8.99%

5Y EPS CAGR

MMTM

18.89%

GLDI

N/A

Debt to Equity

MMTM

50.03%

GLDI

N/A

P/S Ratio

MMTM

2.65

GLDI

N/A

P/B Ratio

MMTM

4.47

GLDI

N/A

MMTM vs GLDI - Historical Returns

Returns include dividend reinvestment.

Period	MMTM	GLDI
1 month	-2.11%	-1.70%
3 months	-1.01%	-7.51%
6 months	+4.45%	-8.57%
1 year	+14.68%	+10.51%
5 years(CAGR)	+12.15%	+10.52%
10 years(CAGR)	+14.17%	+7.81%
Max(CAGR)	+14.30%	+3.87%

MMTM

-2.11%

Winner

GLDI

-1.70%

Winner

MMTM

-1.01%

GLDI

-7.51%

Winner

MMTM

+4.45%

GLDI

-8.57%

Winner

MMTM

+14.68%

GLDI

+10.51%

5Y(CAGR)

Winner

MMTM

+12.15%

GLDI

+10.52%

10Y(CAGR)

Winner

MMTM

+14.17%

GLDI

+7.81%

Max(CAGR)

Winner

MMTM

+14.30%

GLDI

+3.87%

MMTM vs GLDI - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	MMTM	GLDI
2026	+5.22%	-4.75%
2025	+13.57%	+33.40%
2024	+31.51%	+17.73%
2023	+23.41%	+8.46%
2022	-16.80%	-0.29%
2021	+28.24%	-4.54%
2020	+18.52%	+23.24%
2019	+29.95%	+14.24%
2018	-4.81%	-1.08%
2017	+23.42%	+8.12%
2016	+11.02%	-0.44%
2015	+5.47%	-6.67%
2014	+14.69%	-4.81%
2013	+32.28%	-24.04%
2012	+1.62%	N/A

MMTM vs GLDI Drawdown Comparison

The maximum drawdown for MMTM was -33.84%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The maximum drawdown for GLDI was -32.30%, occurring on Dec 2, 2015. Recovery took 1863 trading sessions.

The current MMTM drawdown is -4.79%. The current GLDI drawdown is -13.34%.

Rank	MMTM	GLDI
#1	-33.84% Feb 19, 2020 - Aug 3, 2020	-32.30% Feb 6, 2013 - Jul 1, 2020
#2	-23.73% Jan 4, 2022 - Dec 14, 2023	-15.79% Mar 2, 2026 - Jun 24, 2026
#3	-22.08% Feb 19, 2025 - Jul 25, 2025	-14.26% Aug 18, 2020 - Nov 27, 2023
#4	-21.38% Oct 1, 2018 - Jun 18, 2019	-5.78% Oct 30, 2024 - Dec 11, 2024
#5	-15.75% Dec 29, 2015 - Jul 12, 2016	-3.91% May 20, 2024 - Jul 16, 2024
#6	-11.43% Jul 20, 2015 - Dec 29, 2015	-3.71% Oct 20, 2025 - Nov 11, 2025
#7	-10.95% Jul 10, 2024 - Sep 24, 2024	-3.64% Dec 11, 2024 - Jan 17, 2025
#8	-10.89% Sep 2, 2020 - Dec 8, 2020	-3.46% May 6, 2025 - May 23, 2025
#9	-9.90% Feb 25, 2026 - Apr 13, 2026	-3.01% Apr 19, 2024 - May 15, 2024
#10	-9.63% Jan 23, 2018 - Jun 13, 2018	-2.89% Feb 24, 2025 - Mar 13, 2025
#11	-8.26% Sep 18, 2014 - Nov 5, 2014	-2.76% Feb 1, 2024 - Feb 29, 2024
#12	-7.31% Feb 12, 2021 - Apr 5, 2021	-2.76% Jun 13, 2025 - Jul 21, 2025
#13	-6.71% Mar 22, 2024 - May 15, 2024	-2.38% Jul 22, 2025 - Aug 5, 2025
#14	-6.69% Oct 29, 2025 - Jan 9, 2026	-2.32% Dec 27, 2023 - Feb 1, 2024
#15	-6.48% Jun 1, 2026 - Jul 20, 2026	-2.26% Dec 1, 2023 - Dec 19, 2023

Correlation

Correlation between MMTM and GLDI is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2012 - 2026)

MMTM vs GLDI dividend yield comparison.

Year	MMTM	GLDI
2026	0.48%	16.91%
2025	0.86%	16.15%
2024	0.83%	10.45%
2023	1.16%	10.02%
2022	1.67%	13.73%
2021	0.95%	10.65%
2020	1.14%	14.25%
2019	1.55%	7.25%
2018	1.64%	5.33%
2017	1.52%	7.77%
2016	1.98%	17.26%
2015	1.68%	10.07%
2014	1.54%	12.35%
2013	1.74%	11.33%
2012	0.51%	0.00%