Invesco S&P 500 Momentum ETFInvesco S&P 500 Momentum ETFInvesco S&P 500 Momentum ETF

Invesco S&P 500 Momentum ETF

No trades
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Key stats


Assets under management (AUM)
‪7.85 B‬USD
Fund flows (1Y)
‪5.65 B‬USD
Dividend yield (indicated)
0.49%
Discount/Premium to NAV
0.03%
Shares outstanding
‪74.87 M‬
Expense ratio
0.13%

About Invesco S&P 500 Momentum ETF


Brand
Invesco
Home page
Inception date
Oct 9, 2015
Structure
Open-Ended Fund
Index tracked
S&P 500 Momentum Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
SPMO holds 100 securities from the S&P 500 that have the highest momentum scores. The momentum score is based on 12-month price change (excluding the most recent month), scaled by volatility (standard deviation of daily returns). Adjusting for volatility in this manner tilts the fund toward stocks that have experienced a relatively smooth increase in price. Selected securities are weighted by their momentum score, scaled by their market capitalization. This methodology can produce significant biases relative to the market—major sector tilts are to be expected, and the fund has historically exhibited higher volatility relative to vanilla funds in the same segment. The index is reconstituted and rebalanced semi-annually.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Momentum
Geography
U.S.
Weighting scheme
Momentum
Selection criteria
Momentum
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Retail Trade
Technology Services
Stock breakdown by region
98%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SPMO via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPMO trades at 105.35 USD today, its price has risen 0.11% in the past 24 hours. Track more dynamics on SPMO price chart.
SPMO net asset value is 105.20 today — it's risen 11.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPMO assets under management is ‪7.85 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPMO price has risen by 13.32% over the last month, and its yearly performance shows a 28.48% increase. See more dynamics on SPMO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.02% over the last month, showed a 5.57% increase in three-month performance and has increased by 27.72% in a year.
SPMO fund flows account for ‪5.65 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPMO invests in stocks. See more details in our Analysis section.
SPMO expense ratio is 0.13%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPMO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPMO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPMO shows the strong buy signal. See more of SPMO technicals for a more comprehensive analysis.
Yes, SPMO pays dividends to its holders with the dividend yield of 0.49%.
SPMO trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPMO shares are issued by Invesco Ltd.
SPMO follows the S&P 500 Momentum Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 9, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.