IGT vs. SPMO
Compare and contrast key facts about International Game Technology PLC (IGT) 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: IGT or SPMO.
Correlation
The correlation between IGT and SPMO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IGT vs. SPMO - Performance Comparison
Key characteristics
IGT:
-0.51
SPMO:
0.56
IGT:
-0.63
SPMO:
0.93
IGT:
0.93
SPMO:
1.13
IGT:
-0.32
SPMO:
0.68
IGT:
-0.99
SPMO:
2.67
IGT:
17.39%
SPMO:
5.13%
IGT:
33.99%
SPMO:
24.38%
IGT:
-86.98%
SPMO:
-30.95%
IGT:
-49.34%
SPMO:
-14.36%
Returns By Period
In the year-to-date period, IGT achieves a -8.02% return, which is significantly lower than SPMO's -6.93% return.
IGT
-8.02%
-6.25%
-20.32%
-17.10%
22.18%
1.41%
SPMO
-6.93%
-6.31%
-5.81%
18.63%
18.95%
N/A
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Risk-Adjusted Performance
IGT vs. SPMO — Risk-Adjusted Performance Rank
IGT
SPMO
IGT vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for International Game Technology PLC (IGT) 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
IGT vs. SPMO - Dividend Comparison
IGT's dividend yield for the trailing twelve months is around 4.98%, more than SPMO's 0.58% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
IGT International Game Technology PLC | 4.98% | 4.53% | 2.92% | 3.53% | 0.69% | 1.18% | 5.34% | 5.47% | 3.02% | 3.13% | 7.74% | 6.90% |
SPMO Invesco S&P 500® Momentum ETF | 0.58% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
IGT vs. SPMO - Drawdown Comparison
The maximum IGT drawdown since its inception was -86.98%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for IGT and SPMO. For additional features, visit the drawdowns tool.
Volatility
IGT vs. SPMO - Volatility Comparison
International Game Technology PLC (IGT) and Invesco S&P 500® Momentum ETF (SPMO) have volatilities of 15.75% and 16.25%, 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.