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ISIN
US46138E3392
CUSIP
46138E339
Issuer
Invesco
Inception Date
Oct 9, 2015
Region
North America (U.S.)
Category
Momentum, S&P 500
Leveraged
1x (No leverage)
Index Tracked
S&P 500 Momentum Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$20B

Share Price Chart


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Performance

SPMO Performance Chart

Invesco S&P 500 Momentum ETF (SPMO) is up 21.3% since the beginning of the year. SPMO is currently trading at $144 per share. Investors who bought $1,000 worth of SPMO shares 5 years ago would now be looking at an investment worth $2,759.


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S&P 500 Index

Returns By Period

Invesco S&P 500 Momentum ETF (SPMO) has returned 21.26% so far this year and 37.63% over the past 12 months. Looking at the last ten years, SPMO has achieved an annualized return of 20.08%, outperforming the S&P 500 Index benchmark, which averaged 13.33% per year.


Invesco S&P 500 Momentum ETF

1D
-5.59%
1M
1.90%
YTD
21.26%
6M
20.02%
1Y
37.63%
3Y*
39.63%
5Y*
22.50%
10Y*
20.08%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.25%
YTD
7.86%
6M
7.47%
1Y
24.32%
3Y*
19.90%
5Y*
11.79%
10Y*
13.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPMO Monthly Returns History

Based on dividend-adjusted daily data since Oct 12, 2015, SPMO's average daily return is +0.08%, while the average monthly return is +1.58%. At this rate, an investment would double in approximately 3.7 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2026 with a return of +19.3%, while the worst month was Oct 2018 at -9.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, SPMO closed higher 49% of trading days. The best single day was Apr 9, 2025 with a return of +11.2%, while the worst single day was Mar 16, 2020 at -15.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.46%-0.33%-5.89%19.34%12.56%-4.19%21.26%
20255.29%-0.24%-7.11%2.20%11.40%6.97%2.86%0.68%4.10%0.53%-1.30%-0.42%26.58%
20245.64%11.49%4.16%-5.45%7.34%7.50%-1.67%3.78%1.64%0.20%6.62%-1.68%45.82%
2023-0.46%-4.56%1.77%2.90%-5.51%6.04%1.76%2.37%-1.23%-1.99%9.81%6.51%17.56%
2022-6.37%-2.04%3.56%-8.53%1.56%-8.19%7.91%-2.95%-6.98%13.58%3.17%-3.16%-10.45%
20210.18%-1.44%1.65%5.36%-0.79%7.17%2.23%4.59%-4.68%7.37%-2.91%2.66%22.64%

Benchmark Metrics

Invesco S&P 500 Momentum ETF has an annualized alpha of 6.61%, beta of 0.96, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since October 13, 2015.

  • This ETF captured 113.03% of S&P 500 Index gains but only 86.14% of its losses - a favorable profile for investors.
  • This ETF generated an annualized alpha of 6.61% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 0.96 and R2 of 0.74, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
6.61%
Beta
0.96
0.74
Upside Capture
113.03%
Downside Capture
86.14%

Expense Ratio

SPMO has an expense ratio of 0.13%, which is considered low.


Return for Risk

Risk / Return Rank

SPMO ranks 68 for risk / return — better than 68% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


SPMO Risk / Return Rank: 6868
Overall Rank
SPMO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
SPMO Sortino Ratio Rank: 6565
Sortino Ratio Rank
SPMO Omega Ratio Rank: 7070
Omega Ratio Rank
SPMO Calmar Ratio Rank: 6666
Calmar Ratio Rank
SPMO Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco S&P 500 Momentum ETF (SPMO) and compare them to S&P 500 Index.


SPMOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.03

Sortino ratioReturn per unit of downside risk

-0.02

Omega ratioGain probability vs. loss probability

1.37

1.36

+0.01

Calmar ratioReturn relative to maximum drawdown

2.98

2.69

+0.29

Martin ratioReturn relative to average drawdown

11.48

12.34

-0.86

Dividends

Dividend History

Invesco S&P 500 Momentum ETF provided a 0.70% dividend yield over the last twelve months, with an annual payout of $1.02 per share.


0.50%1.00%1.50%2.00%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.02$0.87$0.46$1.07$0.95$0.34$0.67$0.58$0.36$0.26$0.53$0.09

Dividend yield

0.70%0.73%0.48%1.63%1.66%0.52%1.27%1.39%1.05%0.77%1.94%0.36%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco S&P 500 Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.32$0.00$0.00$0.00$0.32
2025$0.00$0.00$0.18$0.00$0.00$0.21$0.00$0.00$0.19$0.00$0.00$0.29$0.87
2024$0.00$0.00$0.13$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.19$0.46
2023$0.00$0.00$0.34$0.00$0.00$0.28$0.00$0.00$0.28$0.00$0.00$0.16$1.07
2022$0.00$0.00$0.14$0.00$0.00$0.23$0.00$0.00$0.28$0.00$0.00$0.30$0.95
2021$0.00$0.00$0.08$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.13$0.34

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco S&P 500 Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco S&P 500 Momentum ETF was 30.95%, occurring on Mar 23, 2020. Recovery took 74 trading sessions.

The current Invesco S&P 500 Momentum ETF drawdown is 6.97%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-30.95%Mar 2020
1mo 2d3mo 17d
4mo 19dFeb 2020 - Jul 2020
Rate-hike selloffLate 2018
-23.39%Dec 2018
2mo 23d5mo 27d
8mo 20dOct 2018 - Jun 2019
Bear market2022
-22.74%Sep 2022
8mo 24d1y 2mo
1y 11moJan 2022 - Dec 2023
2025 selloff2025
-20.13%Apr 2025
1mo 19d1mo 9d
2mo 28dFeb 2025 - May 2025
2024 correction2024
-13.16%Aug 2024
25d2mo
2mo 25dJul 2024 - Oct 2024

Drawdown Indicators


SPMOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-30.95%

-56.78%

+25.83%

Max Drawdown (1Y)

Largest decline over 1 year

-12.70%

-9.10%

-3.60%

Max Drawdown (3Y)

Largest decline over 3 years

-20.13%

-18.90%

-1.23%

Max Drawdown (5Y)

Largest decline over 5 years

-22.74%

-25.43%

+2.69%

Max Drawdown (10Y)

Largest decline over 10 years

-30.95%

-33.92%

+2.97%

Current Drawdown

Current decline from peak

-6.97%

-2.97%

-4.00%

Average Drawdown

Average peak-to-trough decline

-4.60%

-10.72%

+6.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.29%

1.97%

+1.32%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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