PRTH vs. SPMO
Compare and contrast key facts about Priority Technology Holdings, Inc. (PRTH) 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: PRTH or SPMO.
Correlation
The correlation between PRTH and SPMO is 0.21, 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
PRTH vs. SPMO - Performance Comparison
Key characteristics
PRTH:
3.39
SPMO:
2.23
PRTH:
3.29
SPMO:
2.94
PRTH:
1.45
SPMO:
1.39
PRTH:
3.77
SPMO:
3.12
PRTH:
22.00
SPMO:
12.56
PRTH:
12.38%
SPMO:
3.27%
PRTH:
80.10%
SPMO:
18.36%
PRTH:
-88.12%
SPMO:
-30.95%
PRTH:
-7.00%
SPMO:
-0.19%
Returns By Period
In the year-to-date period, PRTH achieves a -2.72% return, which is significantly lower than SPMO's 8.47% return.
PRTH
-2.72%
41.81%
129.06%
230.35%
39.66%
N/A
SPMO
8.47%
5.95%
16.92%
37.83%
19.51%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PRTH vs. SPMO — Risk-Adjusted Performance Rank
PRTH
SPMO
PRTH vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Priority Technology Holdings, Inc. (PRTH) 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
PRTH vs. SPMO - Dividend Comparison
PRTH has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PRTH Priority Technology Holdings, Inc. | 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 | 0.44% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
PRTH vs. SPMO - Drawdown Comparison
The maximum PRTH drawdown since its inception was -88.12%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for PRTH and SPMO. For additional features, visit the drawdowns tool.
Volatility
PRTH vs. SPMO - Volatility Comparison
Priority Technology Holdings, Inc. (PRTH) has a higher volatility of 13.12% compared to Invesco S&P 500® Momentum ETF (SPMO) at 4.83%. This indicates that PRTH'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.