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ODDS vs. SPMO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ODDS vs. SPMO

Last updated Jun 24, 2026

ODDS (Pacer BlueStar Digital Entertainment ETF) and SPMO (Invesco S&P 500 Momentum ETF) are both exchange-traded funds - ODDS is a Technology Equities fund tracking the BlueStar Global Online Gambling, Video Gaming and eSports Index, while SPMO is a Momentum fund tracking the S&P 500 Momentum Index. Both are passively managed. Over the past 3 years, ODDS returned 7.05%/yr vs 42.47%/yr for SPMO. A 0.57 correlation means they provide meaningful diversification when combined. ODDS charges 0.63%/yr vs 0.13%/yr for SPMO.

Performance

ODDS vs. SPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer BlueStar Digital Entertainment ETF (ODDS) and Invesco S&P 500 Momentum ETF (SPMO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ODDS achieves a -18.34% return, which is significantly lower than SPMO's 29.91% return.

ODDS

1D
-1.21%
1M
-2.24%
YTD
-18.34%
6M
-17.81%
1Y
-19.58%
3Y*
7.05%
5Y*
—
10Y*
—

SPMO

1D
-4.53%
1M
6.65%
YTD
29.91%
6M
28.13%
1Y
43.55%
3Y*
42.47%
5Y*
22.89%
10Y*
21.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ODDS vs. SPMO - Yearly Performance Comparison

2026 (YTD)2025202420232022
ODDS
Pacer BlueStar Digital Entertainment ETF		-18.34%16.71%27.61%25.03%-15.18%
SPMO
Invesco S&P 500 Momentum ETF		29.91%26.58%45.82%17.56%-6.03%

Correlation

The correlation between ODDS and SPMO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.46

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2022

0.57

The correlation between ODDS and SPMO shifts across timeframes, from 0.46 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.

ODDS vs. SPMO - Sectors Allocation Comparison

Sectors
ODDS
SPMO

Consumer Cyclical

50.1%
1.1%

Communication Services

43.2%
8.0%

Technology

6.7%
56.8%

Basic Materials

-

1.5%

Consumer Defensive

-

3.8%

Energy

-

2.8%

Financial Services

-

5.8%

Healthcare

-

5.9%

Industrials

-

10.9%

Real Estate

-

0.9%

Utilities

-

2.6%

Consumer Cyclical

ODDS
50.1%
SPMO
1.1%

Communication Services

ODDS
43.2%
SPMO
8.0%

Technology

ODDS
6.7%
SPMO
56.8%

Basic Materials

ODDS

-

SPMO
1.5%

Consumer Defensive

ODDS

-

SPMO
3.8%

Energy

ODDS

-

SPMO
2.8%

Financial Services

ODDS

-

SPMO
5.8%

Healthcare

ODDS

-

SPMO
5.9%

Industrials

ODDS

-

SPMO
10.9%

Real Estate

ODDS

-

SPMO
0.9%

Utilities

ODDS

-

SPMO
2.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Pacer BlueStar Digital Entertainment ETF

Invesco S&P 500 Momentum ETF

Often compared with ODDS:
ODDS vs. BETZODDS vs. ESPOODDS vs. VOOODDS vs. SMHODDS vs. TIMEODDS vs. FSRPXODDS vs. DSCGX
Often compared with SPMO:
SPMO vs. VOOSPMO vs. QQQSPMO vs. SCHGSPMO vs. MTUMSPMO vs. VUGSPMO vs. VFMOSPMO vs. XMMO

Return for Risk

ODDS vs. SPMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ODDS
ODDS Risk / Return Rank: 33
Overall Rank
ODDS Sharpe Ratio Rank: 22
Sharpe Ratio Rank
ODDS Sortino Ratio Rank: 22
Sortino Ratio Rank
ODDS Omega Ratio Rank: 22
Omega Ratio Rank
ODDS Calmar Ratio Rank: 44
Calmar Ratio Rank
ODDS Martin Ratio Rank: 55
Martin Ratio Rank
SPMO
SPMO Risk / Return Rank: 6868
Overall Rank
SPMO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
SPMO Sortino Ratio Rank: 6262
Sortino Ratio Rank
SPMO Omega Ratio Rank: 6969
Omega Ratio Rank
SPMO Calmar Ratio Rank: 7171
Calmar Ratio Rank
SPMO Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ODDS vs. SPMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer BlueStar Digital Entertainment ETF (ODDS) 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.

ODDSSPMODifference
Sharpe ratioReturn per unit of total volatility
-0.95
2.13

-3.08

Sortino ratioReturn per unit of downside risk
-1.23
2.81

-4.04

Omega ratioGain probability vs. loss probability

0.85

1.39

-0.54

Calmar ratioReturn relative to maximum drawdown

-0.56

3.45

-4.01

Martin ratioReturn relative to average drawdown

-0.94

12.97

-13.91

ODDS vs. SPMO - Sharpe Ratio Comparison

The current ODDS Sharpe Ratio is -0.95, which is lower than the SPMO Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of ODDS and SPMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ODDS vs. SPMO - Drawdown Comparison

The maximum ODDS drawdown since its inception was -35.09%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for ODDS and SPMO.

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Drawdown Indicators

ODDSSPMODifference

Max Drawdown

Largest peak-to-trough decline

-35.09%

-30.95%

-4.14%

Max Drawdown (1Y)

Largest decline over 1 year

-35.09%

-12.70%

-22.39%

Max Drawdown (3Y)

Largest decline over 3 years

-35.09%

-20.13%

-14.96%

Max Drawdown (5Y)

Largest decline over 5 years

—

-22.74%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-30.95%

—

Current Drawdown

Current decline from peak

-31.89%

-4.53%

-27.36%

Average Drawdown

Average peak-to-trough decline

-9.40%

-4.59%

-4.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.90%

3.37%

+17.53%

Volatility

ODDS vs. SPMO - Volatility Comparison

The current volatility for Pacer BlueStar Digital Entertainment ETF (ODDS) is 6.79%, while Invesco S&P 500 Momentum ETF (SPMO) has a volatility of 11.75%. This indicates that ODDS experiences smaller price fluctuations and is considered to be less risky 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

ODDSSPMODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.79%

11.75%

-4.96%

Volatility (6M)

Calculated over the trailing 6-month period

16.66%

17.78%

-1.12%

Volatility (1Y)

Calculated over the trailing 1-year period

20.69%

20.55%

+0.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.86%

19.88%

+4.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.86%

20.60%

+4.26%

ODDS vs. SPMO - Expense Ratio Comparison

ODDS has a 0.63% expense ratio, which is higher than SPMO's 0.13% expense ratio.

Dividends

ODDS vs. SPMO - Dividend Comparison

ODDS's dividend yield for the trailing twelve months is around 0.75%, more than SPMO's 0.68% yield.

PositionTTM20252024202320222021202020192018201720162015
ODDS
Pacer BlueStar Digital Entertainment ETF		0.75%2.59%0.56%0.66%0.42%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPMO
Invesco S&P 500 Momentum ETF		0.68%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

ODDS and SPMO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPMO has higher volatility (11.75%) compared to ODDS (6.79%). In terms of maximum drawdown, ODDS dropped -35.09% vs SPMO's -30.95%.

On 3-year performance, SPMO leads with 42.47% vs 7.05% for ODDS. On fees, SPMO is cheaper at 0.13% per year. On volatility, ODDS has been the lower-risk option at 6.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, SPMO has performed better with a 42.47% return vs 7.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPMO is cheaper with a 0.13% expense ratio, compared with 0.63% for ODDS.

ODDS has the higher dividend yield at 0.75%, compared with 0.68% for SPMO.

ODDS is categorized as Technology Equities, while SPMO is Momentum. ODDS tracks BlueStar Global Online Gambling, Video Gaming and eSports Index, while SPMO tracks S&P 500 Momentum Index. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.63% for ODDS and 0.13% for SPMO.

SPMO currently has the higher Sharpe Ratio (2.13 vs -0.95), 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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