EVC vs. SPMO

Last updated Jul 14, 2026

EVC (Entravision Communications Corporation) is a stock, while SPMO (Invesco S&P 500 Momentum ETF) is Momentum fund tracking the S&P 500 Momentum Index. Over the past 10 years, EVC returned 9.77%/yr vs 20.66%/yr for SPMO. At a 0.25 correlation, their price movements are largely independent.

Performance

EVC vs. SPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Entravision Communications Corporation (EVC) and Invesco S&P 500 Momentum ETF (SPMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVC achieves a 288.71% return, which is significantly higher than SPMO's 26.03% return. Over the past 10 years, EVC has underperformed SPMO with an annualized return of 9.77%, while SPMO has yielded a comparatively higher 20.66% annualized return.

EVC

• 1D: -5.27%
• 1M: 15.95%
• 6M: 266.22%
• YTD: 288.71%
• 1Y: 372.00%
• 3Y*: 45.69%
• 5Y*: 19.45%
• 10Y*: 9.77%

SPMO

• 1D: -2.61%
• 1M: -1.65%
• 6M: 24.83%
• YTD: 26.03%
• 1Y: 34.61%
• 3Y*: 40.56%
• 5Y*: 21.26%
• 10Y*: 20.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EVC vs. SPMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EVC Entravision Communications Corporation	288.71%	35.80%	-37.56%	-9.16%	-27.83%	151.06%	12.21%	-3.93%	-57.29%	4.85%
SPMO Invesco S&P 500 Momentum ETF	26.03%	26.58%	45.82%	17.56%	-10.45%	22.64%	28.25%	25.93%	-0.92%	27.76%

Correlation

The correlation between EVC and SPMO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Oct 12, 2015	0.25

Return for Risk

EVC vs. SPMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EVC

EVC Risk / Return Rank: 99
EVC Sharpe Ratio Rank: 97
EVC Sortino Ratio Rank: 99
EVC Omega Ratio Rank: 98
EVC Calmar Ratio Rank: 99
EVC Martin Ratio Rank: 99

SPMO

SPMO Risk / Return Rank: 62
SPMO Sharpe Ratio Rank: 58
SPMO Sortino Ratio Rank: 55
SPMO Omega Ratio Rank: 60
SPMO Calmar Ratio Rank: 68
SPMO Martin Ratio Rank: 68

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.

EVC vs. SPMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Entravision Communications Corporation (EVC) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EVC	SPMO	Difference
Sharpe ratio: Return per unit of total volatility	3.13	1.57	+1.57
Sortino ratio: Return per unit of downside risk	6.03	2.13	+3.90
Omega ratio: Gain probability vs. loss probability	1.73	1.29	+0.44
Calmar ratio: Return relative to maximum drawdown	15.94	2.74	+13.20
Martin ratio: Return relative to average drawdown	39.51	9.73	+29.78

EVC vs. SPMO - Sharpe Ratio Comparison

The current EVC Sharpe Ratio is 3.13, which is higher than the SPMO Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of EVC and SPMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EVC vs. SPMO - Drawdown Comparison

The maximum EVC drawdown since its inception was -99.26%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for EVC and SPMO.

Drawdown Indicators

	EVC	SPMO	Difference
Max Drawdown Largest peak-to-trough decline	-99.26%	-30.95%	-68.31%
Max Drawdown (1Y) Largest decline over 1 year	-23.52%	-12.70%	-10.82%
Max Drawdown (3Y) Largest decline over 3 years	-69.65%	-20.13%	-49.52%
Max Drawdown (5Y) Largest decline over 5 years	-83.43%	-22.74%	-60.69%
Max Drawdown (10Y) Largest decline over 10 years	-83.43%	-30.95%	-52.48%
Current Drawdown Current decline from peak	-17.36%	-7.38%	-9.98%
Average Drawdown Average peak-to-trough decline	-67.42%	-4.59%	-62.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.47%	3.56%	+5.91%

Volatility

EVC vs. SPMO - Volatility Comparison

Entravision Communications Corporation (EVC) has a higher volatility of 23.72% compared to Invesco S&P 500 Momentum ETF (SPMO) at 12.53%. This indicates that EVC's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVC	SPMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.72%	12.53%	+11.19%
Volatility (6M) Calculated over the trailing 6-month period	83.38%	19.77%	+63.61%
Volatility (1Y) Calculated over the trailing 1-year period	119.84%	22.23%	+97.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.25%	20.25%	+54.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.46%	20.80%	+44.66%

Dividends

EVC vs. SPMO - Dividend Comparison

EVC's dividend yield for the trailing twelve months is around 1.80%, more than SPMO's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVC Entravision Communications Corporation	1.80%	6.83%	8.51%	4.80%	2.08%	1.47%	4.55%	7.63%	6.87%	2.27%	1.79%	1.38%
SPMO Invesco S&P 500 Momentum ETF	0.70%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%

Frequently Asked Questions

Can I hold both EVC and SPMO in my portfolio?

EVC and SPMO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVC or SPMO?

EVC has higher volatility (23.72%) compared to SPMO (12.53%). In terms of maximum drawdown, EVC dropped -99.26% vs SPMO's -30.95%.

Which has better risk-adjusted returns?

EVC currently has the higher Sharpe Ratio (3.13 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.