BLX vs. SPMO
Compare and contrast key facts about Banco Latinoamericano de Comercio Exterior, S.A (BLX) and Invesco S&P 500® Momentum ETF (SPMO).
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: BLX or SPMO.
Correlation
The correlation between BLX and SPMO is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BLX vs. SPMO - Performance Comparison
Key characteristics
BLX:
1.34
SPMO:
1.02
BLX:
1.96
SPMO:
1.51
BLX:
1.25
SPMO:
1.22
BLX:
1.77
SPMO:
1.25
BLX:
5.67
SPMO:
4.52
BLX:
6.55%
SPMO:
5.57%
BLX:
28.79%
SPMO:
24.70%
BLX:
-95.52%
SPMO:
-30.95%
BLX:
-2.95%
SPMO:
-4.43%
Returns By Period
In the year-to-date period, BLX achieves a 15.60% return, which is significantly higher than SPMO's 3.87% return.
BLX
15.60%
20.66%
22.02%
38.40%
38.32%
9.18%
SPMO
3.87%
19.16%
2.96%
25.00%
20.72%
N/A
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Risk-Adjusted Performance
BLX vs. SPMO — Risk-Adjusted Performance Rank
BLX
SPMO
BLX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Latinoamericano de Comercio Exterior, S.A (BLX) 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
BLX vs. SPMO - Dividend Comparison
BLX's dividend yield for the trailing twelve months is around 4.02%, more than SPMO's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLX Banco Latinoamericano de Comercio Exterior, S.A | 4.02% | 5.62% | 4.04% | 6.17% | 6.02% | 7.17% | 7.20% | 8.90% | 5.72% | 5.23% | 4.45% | 5.93% |
SPMO Invesco S&P 500® Momentum ETF | 0.52% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
BLX vs. SPMO - Drawdown Comparison
The maximum BLX drawdown since its inception was -95.52%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for BLX and SPMO. For additional features, visit the drawdowns tool.
Volatility
BLX vs. SPMO - Volatility Comparison
The current volatility for Banco Latinoamericano de Comercio Exterior, S.A (BLX) is 10.33%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 13.05%. This indicates that BLX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.