IOT vs. SPMO
IOT (Samsara Inc.) is a stock, while SPMO (Invesco S&P 500 Momentum ETF) is Momentum fund tracking the S&P 500 Momentum Index. Over the past 3 years, IOT returned 3.56%/yr vs 41.53%/yr for SPMO. At a 0.40 correlation, their price movements are largely independent.
Performance
IOT vs. SPMO - Performance Comparison
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Returns By Period
In the year-to-date period, IOT achieves a -5.05% return, which is significantly lower than SPMO's 28.15% return.
IOT
- 1D
- 4.34%
- 1M
- 20.26%
- YTD
- -5.05%
- 6M
- -18.68%
- 1Y
- -14.15%
- 3Y*
- 3.56%
- 5Y*
- —
- 10Y*
- —
SPMO
- 1D
- 1.26%
- 1M
- 3.36%
- YTD
- 28.15%
- 6M
- 28.70%
- 1Y
- 44.90%
- 3Y*
- 41.53%
- 5Y*
- 23.50%
- 10Y*
- 20.86%
IOT vs. SPMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IOT Samsara Inc. | -5.05% | -18.86% | 30.89% | 168.54% | -55.78% | 12.89% |
SPMO Invesco S&P 500 Momentum ETF | 28.15% | 26.58% | 45.82% | 17.56% | -10.45% | 1.50% |
Correlation
The correlation between IOT and SPMO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.40 |
The correlation between IOT and SPMO shifts across timeframes, from 0.24 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IOT vs. SPMO — Risk / Return Rank
IOT
SPMO
IOT vs. SPMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Samsara Inc. (IOT) 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.
| IOT | SPMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.41 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 3.44 | -3.81 |
| Martin ratioReturn relative to average drawdown | -0.75 | 13.01 | -13.75 |
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Drawdowns
IOT vs. SPMO - Drawdown Comparison
The maximum IOT drawdown since its inception was -70.38%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for IOT and SPMO.
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Drawdown Indicators
| IOT | SPMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.38% | -30.95% | -39.43% |
Max Drawdown (1Y)Largest decline over 1 year | -46.37% | -12.70% | -33.67% |
Max Drawdown (3Y)Largest decline over 3 years | -60.22% | -20.13% | -40.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.95% | — |
Current DrawdownCurrent decline from peak | -44.78% | -1.68% | -43.10% |
Average DrawdownAverage peak-to-trough decline | -31.39% | -4.60% | -26.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.26% | 3.35% | +19.91% |
Volatility
IOT vs. SPMO - Volatility Comparison
Samsara Inc. (IOT) has a higher volatility of 19.99% compared to Invesco S&P 500 Momentum ETF (SPMO) at 10.29%. This indicates that IOT'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.
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Volatility by Period
| IOT | SPMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.99% | 10.29% | +9.70% |
Volatility (6M)Calculated over the trailing 6-month period | 44.50% | 16.73% | +27.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.78% | 19.48% | +38.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.87% | 19.65% | +46.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.87% | 20.48% | +45.39% |
Dividends
IOT vs. SPMO - Dividend Comparison
IOT has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IOT Samsara Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500 Momentum ETF | 0.67% | 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
IOT and SPMO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOT has higher volatility (19.99%) compared to SPMO (10.29%). In terms of maximum drawdown, IOT dropped -70.38% vs SPMO's -30.95%.
SPMO currently has the higher Sharpe Ratio (2.24 vs -0.30), 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.
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