QMOM alternatives and similar ETFs

QMOM alternatives at a glance#

Each fund below can stand in for QMOM, closest first. “Same kind” funds hold the same kind of stocks through a different index. “Related” funds make a different bet that often moves the same way.

Fees come from each fund company, checked on the dates shown on each fund’s page.

How QMOM and its alternatives did over the same dates#

Each row measures the alternative and QMOM on the days both traded, so neither gets a head start. Correlation shows how closely their daily moves matched over about the last five years. A value of 1 means they always moved together.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

Each QMOM alternative, compared#

PDP: Invesco Dorsey Wright Momentum ETF#

PDP also holds US stocks whose prices have risen the most lately, picked again on a schedule. It tracks the Dorsey Wright Technical Leaders Index, while QMOM tracks no index (its managers pick what it holds).

It charges 0.62% a year, about $62 on $10,000, against $28 for QMOM.

From December 2015 to October 2026, PDP returned about 11.4% a year and QMOM returned about 10.7% a year. Over about the last five years they moved together on most days (correlation 0.89).

Read the PDP fund page for its returns by year and worst drop.

MTUM: iShares MSCI USA Momentum Factor ETF#

MTUM also holds US stocks whose prices have risen the most lately, picked again on a schedule. It tracks the MSCI USA Momentum SR Variant Index, while QMOM tracks no index (its managers pick what it holds).

It charges 0.15% a year, about $15 on $10,000, against $28 for QMOM. It held 125 stocks, against 64 for QMOM.

From December 2015 to October 2026, MTUM returned about 14.8% a year and QMOM returned about 10.7% a year. Over about the last five years they moved together on most days (correlation 0.86).

Read the MTUM fund page for its returns by year and worst drop.

SPYG: State Street SPDR Portfolio S&P 500 Growth ETF#

SPYG is a looser match. It holds large US companies whose sales and profits are growing fast, while QMOM holds US stocks whose prices have risen the most lately, picked again on a schedule.

It charges 0.04% a year, about $4 on $10,000, against $28 for QMOM. It held 152 stocks, against 64 for QMOM.

From December 2015 to October 2026, SPYG returned about 16.6% a year and QMOM returned about 10.7% a year. Over about the last five years they often moved together, but not always (correlation 0.74).

Read the SPYG fund page for its returns by year and worst drop.

VOOG: Vanguard S&P 500 Growth ETF#

VOOG is a looser match. It holds large US companies whose sales and profits are growing fast, while QMOM holds US stocks whose prices have risen the most lately, picked again on a schedule.

It charges 0.07% a year, about $7 on $10,000, against $28 for QMOM. It held 152 stocks, against 64 for QMOM.

From December 2015 to October 2026, VOOG returned about 16.5% a year and QMOM returned about 10.7% a year. Over about the last five years they often moved together, but not always (correlation 0.74).

Read the VOOG fund page for its returns by year and worst drop.

VONG: Vanguard Russell 1000 Growth ETF#

VONG is a looser match. It holds large US companies whose sales and profits are growing fast, while QMOM holds US stocks whose prices have risen the most lately, picked again on a schedule.

It charges 0.06% a year, about $6 on $10,000, against $28 for QMOM. It held 371 stocks, against 64 for QMOM.

From December 2015 to October 2026, VONG returned about 16.6% a year and QMOM returned about 10.7% a year. Over about the last five years they often moved together, but not always (correlation 0.73).

Read the VONG fund page for its returns by year and worst drop.

VUG: Vanguard Morningstar Growth ETF#

VUG is a looser match. It holds large US companies whose sales and profits are growing fast, while QMOM holds US stocks whose prices have risen the most lately, picked again on a schedule.

It charges 0.03% a year, about $3 on $10,000, against $28 for QMOM. It held 135 stocks, against 64 for QMOM.

From December 2015 to October 2026, VUG returned about 16.6% a year and QMOM returned about 10.7% a year. Over about the last five years they often moved together, but not always (correlation 0.71).

Read the VUG fund page for its returns by year and worst drop.

SCHG: Schwab U.S. Large-Cap Growth ETF#

SCHG is a looser match. It holds large US companies whose sales and profits are growing fast, while QMOM holds US stocks whose prices have risen the most lately, picked again on a schedule.

It charges 0.04% a year, about $4 on $10,000, against $28 for QMOM. It held 195 stocks, against 64 for QMOM.

From December 2015 to October 2026, SCHG returned about 17.2% a year and QMOM returned about 10.7% a year. Over about the last five years they often moved together, but not always (correlation 0.70).

Read the SCHG fund page for its returns by year and worst drop.

MGK: Vanguard Morningstar Mega Cap Growth ETF#

MGK is a looser match. It holds large US companies whose sales and profits are growing fast, while QMOM holds US stocks whose prices have risen the most lately, picked again on a schedule.

It charges 0.05% a year, about $5 on $10,000, against $28 for QMOM. It held 52 stocks, against 64 for QMOM.

From December 2015 to October 2026, MGK returned about 17.4% a year and QMOM returned about 10.7% a year. Over about the last five years they often moved together, but not always (correlation 0.69).

Read the MGK fund page for its returns by year and worst drop.

QMOM versions from other fund companies#

Some people keep all their funds with one company. Here is the closest fund to QMOM from each other company on this page:

• Invesco: PDP, Invesco Dorsey Wright Momentum ETF (same kind of fund, 0.62% a year)
• iShares (BlackRock): MTUM, iShares MSCI USA Momentum Factor ETF (same kind of fund, 0.15% a year)
• SPDR (State Street): SPYG, State Street SPDR Portfolio S&P 500 Growth ETF (related fund, 0.04% a year)
• Vanguard: VOOG, Vanguard S&P 500 Growth ETF (related fund, 0.07% a year)
• Schwab: SCHG, Schwab U.S. Large-Cap Growth ETF (related fund, 0.04% a year)

Most brokers let you buy any ETF, whoever runs it. Mutual fund versions, such as a fund company’s index mutual fund, are not listed here.

How to choose between QMOM and its alternatives#

• What it tracks. A fund on the same index holds the same stocks. A different index can mean different weights, more or fewer holdings, or a different mix.
• The fee. The difference is often small. On $10,000, QMOM costs about $28 a year. VUG costs about $3.
• History. An older fund has been through more bad markets, so you can see how far it fell.
• What you already own. Two funds that move together add little variety. A fund with a low correlation behaves more on its own.

Swapping QMOM to harvest a tax loss#

Some investors sell a fund at a loss to lower their taxes, then buy a similar fund so they stay invested. This is called tax-loss harvesting.

The IRS wash sale rule blocks the loss if you buy a “substantially identical” security within 30 days before or after the sale. The IRS has not said exactly when two funds count. Funds on the same index are more likely to. Funds on a different index, such as PDP, MTUM or SPYG, are less likely to.

Ask a tax professional before you rely on this. Read the IRS rules in Publication 550.

Test QMOM and its alternatives in a backtest#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add QMOM and PDP, and see how each would have done on the same dates, or how a mix of both would have done.

The details#

Alternatives are picked from facts, not from returns. First come funds that track the same index as QMOM. Then come funds that hold the same kind of stocks through another index. Last come funds from a close category that make a different bet. Leveraged funds are only listed as alternatives to other leveraged funds.

Within each group, the funds whose daily returns moved most like QMOM over about the last five years come first. Returns and worst drops use Tactfolio’s stored daily prices, adjusted for splits, with dividends reinvested. Each alternative is measured with QMOM only on days both traded. Read what a backtest simulates for more on these measures.