BLCR vs. SPMO
Compare and contrast key facts about Blackrock Large Cap Core ETF (BLCR) and Invesco S&P 500® Momentum ETF (SPMO).
BLCR and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLCR is an actively managed fund by BlackRock. It was launched on Oct 24, 2023. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLCR or SPMO.
Correlation
The correlation between BLCR and SPMO is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BLCR vs. SPMO - Performance Comparison
Key characteristics
BLCR:
1.13
SPMO:
1.95
BLCR:
1.54
SPMO:
2.60
BLCR:
1.21
SPMO:
1.35
BLCR:
1.85
SPMO:
2.72
BLCR:
6.81
SPMO:
10.96
BLCR:
2.29%
SPMO:
3.27%
BLCR:
13.88%
SPMO:
18.45%
BLCR:
-8.45%
SPMO:
-30.95%
BLCR:
-3.66%
SPMO:
-3.24%
Returns By Period
In the year-to-date period, BLCR achieves a 3.29% return, which is significantly lower than SPMO's 5.16% return.
BLCR
3.29%
-2.76%
5.44%
13.12%
N/A
N/A
SPMO
5.16%
-0.82%
11.81%
31.38%
19.02%
N/A
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BLCR vs. SPMO - Expense Ratio Comparison
BLCR has a 0.36% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
BLCR vs. SPMO — Risk-Adjusted Performance Rank
BLCR
SPMO
BLCR vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackrock Large Cap Core ETF (BLCR) and Invesco S&P 500® Momentum ETF (SPMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BLCR vs. SPMO - Dividend Comparison
BLCR's dividend yield for the trailing twelve months is around 0.73%, more than SPMO's 0.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BLCR Blackrock Large Cap Core ETF | 0.73% | 0.75% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.46% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
BLCR vs. SPMO - Drawdown Comparison
The maximum BLCR drawdown since its inception was -8.45%, smaller than the maximum SPMO drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for BLCR and SPMO. For additional features, visit the drawdowns tool.
Volatility
BLCR vs. SPMO - Volatility Comparison
Blackrock Large Cap Core ETF (BLCR) and Invesco S&P 500® Momentum ETF (SPMO) have volatilities of 5.00% and 5.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.