LMN.V vs. SPMO
LMN.V (Lumine Group 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, LMN.V returned 5.50%/yr vs 42.28%/yr for SPMO. At a 0.10 correlation, their price movements are largely independent.
Performance
LMN.V vs. SPMO - Performance Comparison
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Different Trading Currencies
LMN.V is traded in CAD, while SPMO is traded in USD. To make them comparable, the SPMO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LMN.V achieves a -16.54% return, which is significantly lower than SPMO's 26.51% return.
LMN.V
- 1D
- -3.21%
- 1M
- 11.96%
- YTD
- -16.54%
- 6M
- -20.50%
- 1Y
- -50.93%
- 3Y*
- 5.50%
- 5Y*
- —
- 10Y*
- —
SPMO
- 1D
- 2.74%
- 1M
- 4.93%
- YTD
- 26.51%
- 6M
- 23.79%
- 1Y
- 42.32%
- 3Y*
- 42.28%
- 5Y*
- 26.57%
- 10Y*
- 21.47%
LMN.V vs. SPMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LMN.V Lumine Group Inc | -16.54% | -34.03% | 37.59% | 84.00% |
SPMO Invesco S&P 500 Momentum ETF | 26.55% | 20.80% | 58.16% | 22.47% |
Correlation
The correlation between LMN.V and SPMO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2023 | 0.10 |
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Return for Risk
LMN.V vs. SPMO — Risk / Return Rank
LMN.V
SPMO
LMN.V vs. SPMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lumine Group Inc (LMN.V) 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.
| LMN.V | SPMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -4.63 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.40 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 3.28 | -4.05 |
| Martin ratioReturn relative to average drawdown | -1.13 | 11.06 | -12.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LMN.V | SPMO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.96 | 2.25 | -3.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.31 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.00 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.96 | -0.74 |
Drawdowns
LMN.V vs. SPMO - Drawdown Comparison
The maximum LMN.V drawdown since its inception was -66.64%, which is greater than SPMO's maximum drawdown of -26.80%. Use the drawdown chart below to compare losses from any high point for LMN.V and SPMO.
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Drawdown Indicators
| LMN.V | SPMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.64% | -26.80% | -39.84% |
Max Drawdown (1Y)Largest decline over 1 year | -66.64% | -12.95% | -53.69% |
Max Drawdown (3Y)Largest decline over 3 years | -66.64% | -21.35% | -45.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.80% | — |
Current DrawdownCurrent decline from peak | -58.26% | -4.00% | -54.26% |
Average DrawdownAverage peak-to-trough decline | -17.68% | -4.17% | -13.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.06% | 3.84% | +41.22% |
Volatility
LMN.V vs. SPMO - Volatility Comparison
Lumine Group Inc (LMN.V) has a higher volatility of 14.32% compared to Invesco S&P 500 Momentum ETF (SPMO) at 9.54%. This indicates that LMN.V'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
| LMN.V | SPMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.32% | 9.54% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 38.82% | 16.09% | +22.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.25% | 18.96% | +34.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.05% | 20.40% | +24.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.05% | 21.50% | +23.55% |
Dividends
LMN.V vs. SPMO - Dividend Comparison
LMN.V has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMN.V Lumine Group 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 | 0.69% | 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
LMN.V and SPMO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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