ROST vs. SPMO

Last updated Jun 24, 2026

ROST (Ross Stores, 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 10 years, ROST returned 16.62%/yr vs 21.03%/yr for SPMO. At a 0.40 correlation, their price movements are largely independent.

Performance

ROST vs. SPMO - Performance Comparison

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

Returns By Period

In the year-to-date period, ROST achieves a 27.67% return, which is significantly lower than SPMO's 29.91% return. Over the past 10 years, ROST has underperformed SPMO with an annualized return of 16.62%, while SPMO has yielded a comparatively higher 21.03% annualized return.

ROST

• 1D: -3.34%
• 1M: -2.26%
• YTD: 27.67%
• 6M: 27.34%
• 1Y: 80.75%
• 3Y*: 29.52%
• 5Y*: 14.47%
• 10Y*: 16.62%

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)

ROST vs. SPMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROST Ross Stores, Inc.	27.67%	20.41%	10.39%	20.64%	2.94%	-6.03%	5.81%	41.72%	4.78%	23.53%
SPMO Invesco S&P 500 Momentum ETF	29.91%	26.58%	45.82%	17.56%	-10.45%	22.64%	28.25%	25.93%	-0.92%	27.76%

Correlation

The correlation between ROST and SPMO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Oct 12, 2015	0.40

The correlation between ROST and SPMO shifts across timeframes, from 0.25 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ROST vs. SPMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROST

ROST Risk / Return Rank: 97
ROST Sharpe Ratio Rank: 96
ROST Sortino Ratio Rank: 97
ROST Omega Ratio Rank: 96
ROST Calmar Ratio Rank: 98
ROST Martin Ratio Rank: 99

SPMO

SPMO Risk / Return Rank: 68
SPMO Sharpe Ratio Rank: 68
SPMO Sortino Ratio Rank: 62
SPMO Omega Ratio Rank: 69
SPMO Calmar Ratio Rank: 71
SPMO Martin Ratio Rank: 71

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.

ROST vs. SPMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ross Stores, Inc. (ROST) 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.

	ROST	SPMO	Difference
Sharpe ratio: Return per unit of total volatility	3.28	2.13	+1.14
Sortino ratio: Return per unit of downside risk	4.78	2.81	+1.97
Omega ratio: Gain probability vs. loss probability	1.62	1.39	+0.22
Calmar ratio: Return relative to maximum drawdown	10.42	3.45	+6.98
Martin ratio: Return relative to average drawdown	38.71	12.97	+25.74

ROST vs. SPMO - Sharpe Ratio Comparison

The current ROST Sharpe Ratio is 3.28, which is higher than the SPMO Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of ROST 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.

Drawdowns

ROST vs. SPMO - Drawdown Comparison

The maximum ROST drawdown since its inception was -82.23%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for ROST and SPMO.

Drawdown Indicators

	ROST	SPMO	Difference
Max Drawdown Largest peak-to-trough decline	-82.23%	-30.95%	-51.28%
Max Drawdown (1Y) Largest decline over 1 year	-7.79%	-12.70%	+4.91%
Max Drawdown (3Y) Largest decline over 3 years	-21.08%	-20.13%	-0.95%
Max Drawdown (5Y) Largest decline over 5 years	-44.13%	-22.74%	-21.39%
Max Drawdown (10Y) Largest decline over 10 years	-51.41%	-30.95%	-20.46%
Current Drawdown Current decline from peak	-4.61%	-4.53%	-0.08%
Average Drawdown Average peak-to-trough decline	-17.93%	-4.59%	-13.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	3.37%	-1.28%

Volatility

ROST vs. SPMO - Volatility Comparison

Ross Stores, Inc. (ROST) and Invesco S&P 500 Momentum ETF (SPMO) have volatilities of 11.68% and 11.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROST	SPMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.68%	11.75%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	18.96%	17.78%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	24.77%	20.55%	+4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.57%	19.88%	+9.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.66%	20.60%	+11.06%

Dividends

ROST vs. SPMO - Dividend Comparison

ROST's dividend yield for the trailing twelve months is around 0.74%, more than SPMO's 0.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROST Ross Stores, Inc.	0.74%	0.90%	0.97%	0.97%	1.07%	1.00%	0.23%	1.10%	1.08%	0.80%	0.82%	4.59%
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

Can I hold both ROST and SPMO in my portfolio?

ROST and SPMO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROST or SPMO?

SPMO has higher volatility (11.75%) compared to ROST (11.68%). In terms of maximum drawdown, ROST dropped -82.23% vs SPMO's -30.95%.

Which has better risk-adjusted returns?

ROST currently has the higher Sharpe Ratio (3.28 vs 2.13), 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.