Invesco S&P 500 Momentum ETF (SPMO) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPMO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPMO
SPMO charges 0.13% annually. There are 2 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan U.S. Momentum Factor ETF | 0.12% | 2.50B | Nov 2017 | SPMO vs JMOM | |
| State Street SPDR S&P 1500 Momentum Tilt ETF | 0.12% | 158.22M | Oct 2012 | SPMO vs MMTM | |
| Vanguard U.S. Momentum Factor ETF | 0.13% | 2.00B | Feb 2018 | SPMO vs VFMO | |
| SEI QiM U.S. Large Cap Momentum Active ETF | 0.15% | 989.57M | May 2022 | SPMO vs SEIM | |
| iShares MSCI USA Momentum Factor ETF | 0.15% | 25.32B | Apr 2013 | SPMO vs MTUM |
Best Risk-Adjusted Alternatives to SPMO
SPMO has a PortfoliosLab risk / return rank of 50. There are 23 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 94 | 266.04M | Oct 2017 | SPMO vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | 92 | 130.46M | Jun 2011 | SPMO vs SPVM | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 92 | 1.77B | Oct 2017 | SPMO vs USVM | |
| Invesco S&P MidCap Value with Momentum ETF | 91 | 505.02M | Mar 2005 | SPMO vs XMVM | |
| Invesco S&P SmallCap Value with Momentum ETF | 89 | 673.30M | Mar 2005 | SPMO vs XSVM |
Top Performing SPMO Alternatives (YTD)
SPMO is at 27.25% YTD. There are 7 ETFs in the Momentum category with higher YTD returns, going as high as 51.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 51.55% | 8.12M | Feb 2021 | SPMO vs MTUL | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 49.72% | 69.09M | May 2021 | SPMO vs QQQA | |
| Invesco Dorsey Wright Technology Momentum ETF | 41.44% | 596.23M | Oct 2006 | SPMO vs PTF | |
| Invesco DWA Emerging Markets Momentum ETF | 35.33% | 228.29M | Dec 2007 | SPMO vs PIE | |
| Invesco DWA Energy Momentum ETF | 30.84% | 52.45M | Oct 2006 | SPMO vs PXI |
Lowest Volatility Alternatives to SPMO
SPMO has 24.13% 1-year volatility. There are 36 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 10.78% | 266.04M | Oct 2017 | SPMO vs ULVM | |
| Cambria Value and Momentum ETF | 10.95% | 108.69M | Sep 2015 | SPMO vs VAMO | |
| Invesco S&P 500 Value with Momentum ETF | 11.34% | 130.46M | Jun 2011 | SPMO vs SPVM | |
| First Trust Dorsey Wright Momentum & Low Volatilit... | 11.82% | 73.54M | Sep 2018 | SPMO vs DVOL | |
| Symmetry Panoramic Sector Momentum ETF | 12.50% | 43.72M | Sep 2025 | SPMO vs SMOM |
Lowest Drawdown Alternatives to SPMO
SPMO has a 1-year max drawdown of -15.64%. There are 35 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Value and Momentum ETF | -5.55% | 108.69M | Sep 2015 | SPMO vs VAMO | |
| VictoryShares US Value Momentum ETF | -6.47% | 266.04M | Oct 2017 | SPMO vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | -6.57% | 130.46M | Jun 2011 | SPMO vs SPVM | |
| SPDR Russell 1000 Momentum Focus ETF | -7.37% | 29.12M | Dec 2015 | SPMO vs ONEO | |
| JPMorgan U.S. Momentum Factor ETF | -8.02% | 2.50B | Nov 2017 | SPMO vs JMOM |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, QQQM, RSP and span 14 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 55 | 18.11% | 452.80B | Mar 1999 | SPMO vs QQQ | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 56 | 18.13% | 97.11B | Oct 2020 | SPMO vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 15.91% | 96.96B | Apr 2003 | SPMO vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 72.20% | 2.58B | Jun 2021 | SPMO vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 61 | 16.79% | 19.45B | Dec 2005 | SPMO vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 42 | 6.81% | 10.56B | May 2005 | SPMO vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 47 | 13.31% | 4.04B | Oct 2012 | SPMO vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 43 | 16.18% | 7.18B | Mar 2005 | SPMO vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 51 | 13.19% | 4.08B | Feb 2012 | SPMO vs IDMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 43 | 17.30% | 8.26B | Oct 2005 | SPMO vs PPA |
Often Compared With SPMO
Investors most often compare SPMO with VOO, SCHG, VUG. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare SPMO with Any Fund or Stock
Compare SPMO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPMO with funds that move differently
Invesco S&P 500 Momentum ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPMO.
Explore SPMO Diversifiers