MOMO vs. SPMO
Compare and contrast key facts about Momo Inc. (MOMO) 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: MOMO or SPMO.
Correlation
The correlation between MOMO and SPMO is 0.27, 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
MOMO vs. SPMO - Performance Comparison
Key characteristics
MOMO:
0.73
SPMO:
2.32
MOMO:
1.19
SPMO:
3.05
MOMO:
1.18
SPMO:
1.41
MOMO:
0.41
SPMO:
3.29
MOMO:
2.85
SPMO:
13.27
MOMO:
12.33%
SPMO:
3.27%
MOMO:
48.35%
SPMO:
18.68%
MOMO:
-90.31%
SPMO:
-30.95%
MOMO:
-80.12%
SPMO:
-1.38%
Returns By Period
In the year-to-date period, MOMO achieves a -6.74% return, which is significantly lower than SPMO's 5.29% return.
MOMO
-6.74%
0.14%
10.28%
37.23%
-20.24%
0.22%
SPMO
5.29%
3.25%
22.04%
38.67%
19.36%
N/A
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Risk-Adjusted Performance
MOMO vs. SPMO — Risk-Adjusted Performance Rank
MOMO
SPMO
MOMO vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Momo Inc. (MOMO) 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
MOMO vs. SPMO - Dividend Comparison
MOMO's dividend yield for the trailing twelve months is around 7.51%, more than SPMO's 0.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MOMO Momo Inc. | 7.51% | 7.00% | 10.36% | 7.13% | 7.13% | 5.44% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.46% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
MOMO vs. SPMO - Drawdown Comparison
The maximum MOMO drawdown since its inception was -90.31%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for MOMO and SPMO. For additional features, visit the drawdowns tool.
Volatility
MOMO vs. SPMO - Volatility Comparison
Momo Inc. (MOMO) has a higher volatility of 12.48% compared to Invesco S&P 500® Momentum ETF (SPMO) at 5.36%. This indicates that MOMO'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.