At a glance
AMOM charges 0.75% a year, above the 0.44% average of the 7 funds most like it (the 6th cheapest of 8). It has $25.5M in assets, the 6th largest of that group. Over the past year it returned +11.7% with distributions reinvested (S&P 500: +11.5%), the best of those 8 funds; over three years it returned +23.6% a year. At its worst it fell 29.3% in the 2020 crash (S&P 500: 33.7%) and 34.8% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 2 months and 16 months after the lows.
The short version
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) is a stock fund that, as its name says, uses artificial intelligence to pick large U.S. companies whose shares have been rising strongly. It may appeal to investors who want an AI-driven momentum strategy, but at 0.75% a year it costs far more than momentum ETFs SPMO (0.13%) and MTUM (0.15%). It is small, with about $25.5 million in net assets, and fell 26.3% in 2022.
Price history
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AMOM +11.7% over the year to Oct 23, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| AMOM price data to Oct 23, 2026 | +12.7% | +11.7% | +23.6% | +8.6% | — | +15.5% |
- Over the year to Oct 23, 2026, AMOM returned +11.7%, 1st of 8 among similar funds.
- Its 5-year annualized return was +8.6%.
- In the 2020 COVID crash it fell 29.3% and regained its old high 2.3 months after the low.
- Its worst full calendar year was 2022 (-26.3%); its best was 2020 (+53.7%).
- The deepest fall in its price history was 39.7% (Nov 3, 2021 to Sep 26, 2022), recovered by Mar 1, 2024.
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +12.7% |
| 2025 | +7.7% |
| 2024 | +35.8% |
| 2023 | +27.0% |
| 2022 | -26.3% |
| 2021 | +13.1% |
| 2020 | +53.7% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 28.6% over that stretch · deepest drop along the way 29.3%, back to its old high 2.3 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 30.3% over that stretch · deepest drop along the way 34.8%, back to its old high 15.9 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.0400 | -73.3% |
| 2023 | $0.1500 | -21.1% |
| 2022 | $0.1900 | -29.6% |
| 2021 | $0.2700 | -96.5% |
| 2020 | $7.7900 |
How it works
AMOM's name spells out its approach: it targets stocks of large U.S. companies with momentum and uses artificial intelligence to help pick them. Momentum investing is built on a pattern long observed in markets: stocks that have risen the most over recent months have often kept outperforming for a while. A momentum fund leans toward those recent winners and swaps them out as market leadership changes, so its holdings can turn over quickly.
Beyond the name, the details are thin. We could not find this ticker in the SEC's records. That can happen when a fund is renamed, closed or not SEC-registered. As a result, we have no prospectus explaining how the model scores stocks, how many it holds, how they are weighted or how often it rebalances (resets its holdings). Its largest holdings were also unavailable. Exchange Traded Concepts, the issuer, is the source for the fund's latest documents and status.
Mechanically, AMOM is a plain stock ETF. It is not leveraged, inverse, buffered or built on options, so its value rises and falls with the shares it owns. Plain doesn't mean calm, though. AMOM's beta, which compares its moves with the broad market's, was 1.83 for the year to October 23, 2026. That means it tended to move about 1.8 times as much as the market.
What it really costs
- AMOM charges 0.75% a year, versus an average of 0.44% for the similar funds below (6th of 8, cheapest first).
In a retirement portfolio
AMOM is a small, high-cost momentum fund that tended to move about 1.8 times as much as the market in the year to October 23, 2026, so it fits a minor position better than a portfolio's foundation.
AMOM could add momentum exposure, but its swings have been large. It launched in May 2019, so it has no 2008 record. In the 2020 COVID crash it fell 29.3%, then regained its peak about 2.3 months after the low. In the 2022 slump it fell 34.8% from its January high. Measured from November 2021, its deepest drop was 39.7%, and it took about 17 months after the September 2022 low to recover. Its worst calendar year was 2022, a 26.3% loss. Anyone selling shares for spending in a stretch like that would be selling at depressed prices.
It made no distributions over the year to October 23, 2026, so it provides no income. Its expense ratio (annual fee) of 0.75% is far above SPMO's 0.13% and MTUM's 0.15%. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want a small, AI-enhanced bet on U.S. large-company momentum stocks to sit beside a low-cost core fund.
- Those who can stomach sharp drops, like 2022's 26.3% loss and a 39.7% fall that needed about 17 months after the low to recover.
- Investors who don't need cash from this holding, since AMOM made no distributions over the year to October 23, 2026.
Look elsewhere if
- Cost-conscious investors: AMOM's 0.75% expense ratio compares with 0.13% for SPMO and 0.15% for MTUM, both momentum ETFs.
- Anyone seeking a steady core holding: in the year to October 23, 2026, it tended to move about 1.8 times as much as the market.
- Investors who prefer large, well-documented funds: AMOM manages about $25.5 million, versus MTUM's $13.8 billion, and we couldn't locate its SEC filings.
Close alternatives
Matched by legacy category (no holdings report for this fund).
| Fund | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|
| AMOM this fund | 0.75% | $25.5M | +11.7% | +23.6% |
| SPMO Invesco S&P 500® Momentum ETF | 0.13% | $5.40B | +9.7% | +32.6% |
| EGGQ NestYield Visionary ETF | 0.89% | $14.8M | -1.5% | — |
| NUGO Nuveen Growth Opportunities ETF | 0.56% | $2.40B | +4.6% | +25.6% |
| PJFG PGIM Jennison Focused Growth ETF | 0.75% | $106.2M | +3.6% | +25.2% |
| GGRW Gabelli Growth Innovators ETF | 0% | $5.5M | +2.4% | +27.1% |
| HFGO Hartford Large Cap Growth ETF | 0.59% | $123.9M | +2.5% | +27.0% |
| MTUM iShares MSCI USA Momentum Factor ETF | 0.15% | $13.80B | +9.0% | +25.6% |
Questions investors ask
What does AMOM invest in?
AMOM invests in U.S. large-company stocks. Its name says it uses artificial intelligence to pick stocks with momentum, meaning shares that have been rising strongly. It is a plain stock ETF, not leveraged or options-based, and it is issued by Exchange Traded Concepts. We could not find its prospectus or a holdings list in SEC records, so we can't name its largest positions or explain how the model chooses and weights stocks. The issuer's website is the place to check.
Does AMOM pay dividends?
No. AMOM made no distributions over the year to October 23, 2026, so its yield over that period was 0%. A fund passes along dividends only after paying its expenses. AMOM's 0.75% annual expense ratio is high, which leaves less room for payouts. Retirees who want regular cash from their investments would need to find it elsewhere or sell shares. That can mean selling after a slide like 2022's 26.3% loss.
What's the difference between AMOM and MTUM?
Both aim at U.S. momentum stocks, but they differ sharply in cost and size. AMOM charges 0.75% a year and, per its name, uses an AI-enhanced approach. iShares MSCI USA Momentum Factor ETF (MTUM) charges 0.15% and, as its name signals, follows an MSCI momentum index. MTUM has about $13.8 billion in net assets, versus AMOM's $25.5 million. Over three years, MTUM returned 28.6% a year to October 30, 2026. AMOM returned 23.6% a year to October 23, 2026.
Is AMOM more volatile than the stock market?
Yes. AMOM's beta measures how much a fund moves when the broad market moves. It was 1.83 for the year to October 23, 2026, so AMOM tended to rise or fall about 1.8 times as much as the market. Its one-year volatility, a gauge of how widely returns swing, was 29.4%. It fell 29.3% in the 2020 COVID crash and 34.8% in the 2022 downturn. Its deepest drop, 39.7%, took about 17 months after the low to recover.
How has AMOM performed since it launched?
Based on market prices, AMOM returned 15.5% a year on average from its May 2019 launch through October 23, 2026. The path was bumpy: up 53.7% in 2020 and 35.8% in 2024, but down 26.3% in 2022. Over three years it returned 23.6% a year, ranking 7th of 7 among similar funds. SPMO, a momentum ETF charging 0.13%, returned 35.4% a year over three years to October 30, 2026. AMOM's five-year return was 8.6% a year.