Invesco S&P 500 Momentum ETF (SPMO)
| Assets | $3.89B |
| Expense Ratio | 0.13% |
| PE Ratio | 24.27 |
| Shares Out | 41.78M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 0.45% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 10.99% |
| 1-Year Return | +53.62% |
| Volume | 580,441 |
| Open | 94.69 |
| Previous Close | 94.62 |
| Day's Range | 93.68 - 94.78 |
| 52-Week Low | 60.97 |
| 52-Week High | 97.36 |
| Beta | 0.93 |
| Holdings | 100 |
| Inception Date | Oct 9, 2015 |
About SPMO
Fund Home PageThe Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is issued by Invesco.
Top 10 Holdings
56.68% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 10.48% |
| Amazon.com, Inc. | AMZN | 9.76% |
| Meta Platforms, Inc. | META | 6.27% |
| Berkshire Hathaway Inc. | BRK.B | 6.01% |
| Broadcom Inc. | AVGO | 5.44% |
| JPMorgan Chase & Co. | JPM | 5.29% |
| Eli Lilly and Company | LLY | 5.04% |
| Costco Wholesale Corporation | COST | 3.86% |
| Walmart Inc. | WMT | 2.44% |
| General Electric Company | GE | 2.08% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.069 | Sep 27, 2024 |
| Jun 24, 2024 | $0.069 | Jun 28, 2024 |
| Mar 18, 2024 | $0.127 | Mar 22, 2024 |
| Dec 18, 2023 | $0.164 | Dec 22, 2023 |
| Sep 18, 2023 | $0.278 | Sep 22, 2023 |
| Jun 20, 2023 | $0.280 | Jun 23, 2023 |
News
SPMO: One Of The Best Constructed ETFs In The Market
The Invesco S&P 500 Momentum ETF has outperformed the S&P 500, delivering 315% returns over the last decade, compared to 243.6% for the broader index. SPMO's targeted approach focuses on the top 100 m...
SPMO: It's Not The Best Time For The 'Momentum Strategy'
SPMO's momentum strategy is effective but currently risky due to high concentration in top 10 holdings, now at nearly 60%. The spread analysis shows clear signs of overconcentration and overstretching...
SPMO: A Sound Choice For Buy-And-Hold Strategy
I transitioned from individual stocks to ETFs due to time constraints and emotional capacity, focusing on asset allocation and risk management. I chose the Invesco S&P 500 Momentum ETF for its strong ...
SPMO: A Mixed Bag For Momentum Seekers (But Still A Decent S&P 500 Play)
The Invesco S&P 500 Momentum ETF offers a reasonable 0.14% expense ratio and has outperformed the S&P 500 over the past decade. The ETF tracks the S&P 500 Momentum Index, rebalancing semi-annually, wh...
SPMO ETF is a good VOO, and SPY alternative with a catch
Exchange-traded funds (ETFs) are having a strong performance this year, with most of them having robust inflows. Some of the most notable ones in terms of inflows are the Vanguard S&P 500 (VOO) and th...
SPMO: Momentum Style Is Losing Momentum As Rotation Grows
Momentum factor funds have performed very well YoY, with SPMO rising twice as fast as the S&P 500 due to its exposure to the "AI trade." As Nvidia, Apple, Microsoft, and others dominate SPMO, it is mo...
SPMO: Hope You Love Tech
Invesco S&P 500 Momentum ETF focuses on high-momentum stocks in the S&P 500, rebalancing twice a year for a performance boost. The fund holds 101 positions, with Nvidia as the largest holding at 13.17...
SPMO: A Solid Mix Of High Momentum And Lower Volatility
Momentum factor has shown excess returns in various assets over a 215-year period. Invesco S&P 500® Momentum ETF partially mitigates risks associated with momentum investing. SPMO fund uses risk-adjus...
This Nvidia-heavy investing strategy has been outperforming the S&P 500
Exchange-traded funds that track indexes can work well for investors because they can ride along with rising markets with low fees that enhance long-term returns. And it is difficult for active manage...
SPMO: Buying What Already Went Up Works
The Invesco S&P 500 Momentum ETF has outperformed the S&P 500 since its inception in 2015. Momentum Index investing works, the methodology captures companies experiencing multiple growth years that th...
SPMO: Heavy Into TMT Stocks After The March Reconstitution
The momentum factor has slowed recently, despite strong performance driven by AI and semiconductor stocks. Invesco S&P 500 Momentum ETF focuses on domestic large caps and may miss out on global equiti...
SPMO: Impressive Outperformance Among Unleveraged Funds
Invesco S&P 500 Momentum ETF is one of the best-performing unleveraged funds over the last 3 months. SPMO's strategy of selecting and weighing stocks based on momentum has contributed to its recent ra...
January FOMC Meeting Review: The 'Fed-Amental' Attribution Error
The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for ra...
SPMO: Simple And Efficient Momentum ETF
Invesco S&P 500® Momentum ETF is invested in 100 stocks of the S&P 500 index with higher volatility-adjusted return. The SPMO ETF is less concentrated in technology but more concentrated in the top 10...
SPMO: Low-Yielding S&P-Based Momentum ETF Better Than The Broader Market
Invesco S&P 500 Momentum ETF invests in momentum stocks with high volatility and a turnover ratio of 124%. The fund has generated strong total returns over the long run, despite a low yield of 1-2%. T...
SPMO ETF: Be Careful Of Crash Risk
The Invesco S&P 500® Momentum ETF's methodology, combined with our alpha plot, suggests the vehicle might suffer from crash risk at some stage. Although the SPMO ETF has presented solid returns since ...
SPMO: Momentum Factor Strategy Can Keep Outperforming
SPMO: Momentum Factor Strategy Can Keep Outperforming
SPMO: Large Cap Momentum At Its Best
Momentum is the simple idea that stocks which performed relatively strong over the recent past (winners) tend to outperform those that performed poorly (losers). The Invesco S&P 500 Momentum ETF inves...
SPMO: A Factor ETF That Benefits Investors Over SPY
The Invesco S&P 500 Momentum ETF invests based on the S&P 500 Momentum Index. It only holds about 20% of the full S&P 500 Index. The SPDR S&P 500 ETF invests in all 500+ stocks of the S&P 500 Index; a...
Best And Worst Q1 2021: Large Cap Growth ETFs And Mutual Funds
Best And Worst Q1 2021: Large Cap Growth ETFs And Mutual Funds
3 Momentum ETFs Hitting All-Time Highs
As broader benchmarks surged Tuesday, it wasn't surprising to see exchange traded funds dedicated to the momentum factor among the ETFs hitting all-time highs.
3 Microsoft-Heavy ETFs To Watch Ahead Of Earnings
In what will be a brisk week of earnings reports from the always widely watched technology sector, the largest sector weight in the S&P 500, Microsoft (NASDAQ: MSFT) is one of the names stepping into ...