KR vs. SPMO
KR (The Kroger Co.) 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, KR returned 6.59%/yr vs 20.30%/yr for SPMO. At a 0.06 correlation, their price movements are largely independent.
Performance
KR vs. SPMO - Performance Comparison
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Returns By Period
In the year-to-date period, KR achieves a -8.54% return, which is significantly lower than SPMO's 22.29% return. Over the past 10 years, KR has underperformed SPMO with an annualized return of 6.59%, while SPMO has yielded a comparatively higher 20.30% annualized return.
KR
- 1D
- -3.71%
- 1M
- -11.71%
- 6M
- -8.51%
- YTD
- -8.54%
- 1Y
- -19.67%
- 3Y*
- 9.17%
- 5Y*
- 9.84%
- 10Y*
- 6.59%
SPMO
- 1D
- -3.15%
- 1M
- -5.90%
- 6M
- 21.88%
- YTD
- 22.29%
- 1Y
- 29.78%
- 3Y*
- 39.07%
- 5Y*
- 20.99%
- 10Y*
- 20.30%
KR vs. SPMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KR The Kroger Co. | -8.54% | 4.25% | 36.91% | 4.99% | 0.44% | 45.41% | 11.90% | 7.90% | 2.08% | -18.97% |
SPMO Invesco S&P 500 Momentum ETF | 22.29% | 26.58% | 45.82% | 17.56% | -10.45% | 22.64% | 28.25% | 25.93% | -0.92% | 27.76% |
Correlation
The correlation between KR and SPMO is -0.37, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2015 | 0.06 |
The correlation between KR and SPMO shifts across timeframes, from -0.37 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KR vs. SPMO — Risk / Return Rank
KR
SPMO
KR vs. SPMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Kroger Co. (KR) 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.
| KR | SPMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.71 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.25 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 2.36 | -3.11 |
| Martin ratioReturn relative to average drawdown | -1.65 | 8.15 | -9.80 |
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Drawdowns
KR vs. SPMO - Drawdown Comparison
The maximum KR drawdown since its inception was -66.81%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for KR and SPMO.
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Drawdown Indicators
| KR | SPMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.81% | -30.95% | -35.86% |
Max Drawdown (1Y)Largest decline over 1 year | -26.16% | -12.70% | -13.46% |
Max Drawdown (3Y)Largest decline over 3 years | -26.16% | -20.13% | -6.03% |
Max Drawdown (5Y)Largest decline over 5 years | -31.07% | -22.74% | -8.33% |
Max Drawdown (10Y)Largest decline over 10 years | -44.13% | -30.95% | -13.18% |
Current DrawdownCurrent decline from peak | -24.79% | -10.13% | -14.66% |
Average DrawdownAverage peak-to-trough decline | -22.44% | -4.59% | -17.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.94% | 3.67% | +8.27% |
Volatility
KR vs. SPMO - Volatility Comparison
The Kroger Co. (KR) has a higher volatility of 12.40% compared to Invesco S&P 500 Momentum ETF (SPMO) at 11.67%. This indicates that KR'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
| KR | SPMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.40% | 11.67% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 22.58% | 20.23% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.79% | 22.58% | +5.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.26% | 20.33% | +6.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.14% | 20.83% | +8.31% |
Dividends
KR vs. SPMO - Dividend Comparison
KR's dividend yield for the trailing twelve months is around 2.48%, more than SPMO's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KR The Kroger Co. | 2.48% | 2.14% | 2.00% | 2.41% | 2.11% | 1.72% | 2.14% | 2.07% | 1.93% | 1.79% | 1.30% | 0.94% |
SPMO Invesco S&P 500 Momentum ETF | 0.72% | 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
KR and SPMO have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KR has higher volatility (12.40%) compared to SPMO (11.67%). In terms of maximum drawdown, KR dropped -66.81% vs SPMO's -30.95%.
SPMO currently has the higher Sharpe Ratio (1.32 vs -0.71), 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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