Cambria Global Momentum ETF (GMOM) Performance
GMOM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.4% since Dec 31, 2025
- 1 year
- +19.3% total return
- 5 years
- +7.5% a year
- 10 years
- +7.7% a year
- Since first price
- +6.1% a year since 2014
GMOM trailing returns vs SPY, QQQ, AGG
| Period | GMOM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.2% | −0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.9% | +4.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.2% | +3.5% | +7.8% | +8.4% | −1.5% |
| YTD | +15.4% | +14.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.3% | +17.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +57.2%+16.3%/yr | +45.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +43.6%+7.5%/yr | +24.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +110.8%+7.7%/yr | +65.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionNov 4, 2014 | +103.6%+6.1%/yr | +53.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GMOM vs SPY
From Nov 4, 2014: GMOM grew to $20,363, SPY to $46,124.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GMOM returns by calendar year
8 of 11 full years positive. Best 2017 (+20.7%), worst 2018 (−9.6%). 2026 is year to date.
GMOM annual returns table
| Year | GMOM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.4% | −9.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.6% | −13.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.7% | −10.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +0.7% | −9.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.8% | −16.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +19.1% | −8.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.4% | −19.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +8.2% | −2.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.6% | −16.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +20.7% | −2.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +4.6% | −5.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −8.5% | −12.9% | +1.2% | +9.4% | +0.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GMOM largest drawdowns
Now 1.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 26, 2018 | −25.0% | Mar 19, 2020 | Feb 10, 2021 | 2.1 years | 3.0 years |
| Apr 20, 2022 | −19.2% | Oct 26, 2023 | Aug 12, 2025 | 1.5 years | 3.3 years |
| Mar 20, 2015 | −14.1% | Jan 20, 2016 | Jun 19, 2017 | 10 months | 2.3 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GMOM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +15.0% | +8.4% | +7.4% | +5.9% |
| Volatility (annualized) | 10.8% | 11.4% | 10.1% | 9.6% |
| Sharpe ratio | 0.95 | 0.45 | 0.54 | 0.45 |
| Sortino ratio | 1.60 | 0.67 | 0.81 | 0.67 |
| Best month | +7.3% | +7.3% | +7.3% | +7.3% |
| Worst month | −6.2% | −7.4% | −7.4% | −7.4% |
| Best 12 months | +35.1% | +35.1% | +35.1% | +35.1% |
| Worst 12 months | +1.6% | −13.7% | −13.7% | −13.7% |
| Positive months | 64% | 60% | 62% | 59% |
| Beta vs S&P 500 | 0.49 | 0.45 | 0.43 | — |
| Correlation with S&P 500 | 0.56 | 0.62 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GMOM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 132 | −13.7% | +5.0% | +35.1% | 67% |
| 3-year (a year) | 108 | −2.3% | +5.2% | +16.5% | 90% |
| 5-year (a year) | 84 | −0.4% | +5.8% | +9.9% | 99% |
| 10-year (a year) | 24 | +3.6% | +6.2% | +8.1% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
GMOM performance overview
Cambria Global Momentum ETF (GMOM) returned +19.3% over the past year and +7.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +6.1% a year, turning $10,000 into about $20,363. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −25.0%, from Jan 26, 2018 to Mar 19, 2020, and it took 11 months to get back to the old high. GMOM finished 8 of its 11 full calendar years with a gain; the best year was 2017 (+20.7%) and the worst 2018 (−9.6%). Volatility has been 9.6% a year.
Related: GMOM chart, GMOM holdings, GMOM dividends. See the GMOM overview for the latest quote and fund facts.
GMOM performance FAQ
What is the GMOM return over the past year?
GMOM returned +19.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.3%.
What is the average annual return of GMOM?
GMOM has returned +7.5% a year over 5 years, +7.7% a year over 10 years, +6.1% a year since November 4, 2014 (total return, distributions reinvested).
How much would $10,000 invested in GMOM be worth?
$10,000 invested in GMOM at its first recorded close on November 4, 2014 would be worth about $20,363 on October 23, 2026 with distributions reinvested.
What was the worst year for GMOM?
The worst calendar year was 2018, with a total return of −9.6%. The best was 2017 at +20.7%.
What is the biggest drawdown of GMOM?
The largest peak-to-trough decline was −25.0% between January 26, 2018 and March 19, 2020. It recovered to the old high on February 10, 2021, 11 months after the bottom.
How volatile is GMOM?
Over the past 3 years GMOM had an annualized volatility of 10.8% and a Sharpe ratio of 0.95 (excess return over 1–3 month T-bills per unit of risk).