MFMO vs. SPMO
MFMO (Motley Fool Momentum Factor ETF) and SPMO (Invesco S&P 500 Momentum ETF) are both Momentum funds. MFMO is actively managed, while SPMO is passively managed. Their correlation of 0.92 means they have usually moved in the same direction. MFMO charges 0.50%/yr vs 0.13%/yr for SPMO.
Performance
MFMO vs. SPMO - Performance Comparison
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Returns By Period
In the year-to-date period, MFMO achieves a 14.25% return, which is significantly lower than SPMO's 21.07% return.
MFMO
- 1D
- 1.17%
- 1M
- -6.71%
- 6M
- 11.44%
- YTD
- 14.25%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SPMO
- 1D
- 0.29%
- 1M
- -4.64%
- 6M
- 20.51%
- YTD
- 21.07%
- 1Y
- 28.09%
- 3Y*
- 37.36%
- 5Y*
- 20.21%
- 10Y*
- 19.57%
- ALL TIME*
- 18.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $209.02K | $305.53K | $328.62K | |
| $331.54M | $346.70M | $350.59M |
MFMO vs. SPMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MFMO Motley Fool Momentum Factor ETF | 14.25% | -1.80% |
SPMO Invesco S&P 500 Momentum ETF | 21.07% | -1.15% |
Correlation
The correlation between MFMO and SPMO is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025 | 0.92 |
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Return for Risk
MFMO vs. SPMO — Risk / Return Rank
MFMO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPMO
MFMO vs. SPMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Motley Fool Momentum Factor ETF (MFMO) 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.
| MFMO | SPMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.63 | — |
| Martin ratioReturn relative to average drawdown | — | 5.93 | — |
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Drawdowns
MFMO vs. SPMO - Drawdown Comparison
The maximum MFMO drawdown since its inception was -18.23%, smaller than the maximum SPMO drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for MFMO and SPMO.
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Drawdown Indicators
| MFMO | SPMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.23% | -30.95% | +12.72% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.64% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.13% | — |
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 | -12.64% | -11.03% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -3.37% | -4.62% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.29% | — |
Volatility
MFMO vs. SPMO - Volatility Comparison
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Volatility by Period
| MFMO | SPMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.52% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.07% | 23.90% | +5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 20.60% | +8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 20.92% | +8.15% |
MFMO vs. SPMO - Expense Ratio Comparison
MFMO has a 0.50% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Dividends
MFMO vs. SPMO - Dividend Comparison
MFMO has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFMO Motley Fool Momentum Factor ETF | 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 | 0.73% | 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
With a correlation of 0.92, MFMO and SPMO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SPMO is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPMO is cheaper with a 0.13% expense ratio, compared with 0.50% for MFMO.
SPMO has the higher dividend yield at 0.73%, compared with 0.00% for MFMO.
They also come from different issuers: Motley Fool and Invesco. Their fees differ too: 0.50% for MFMO and 0.13% for SPMO.
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