SPMIX vs. SPMO
Compare and contrast key facts about Shelton Capital Management S&P Midcap Index Fund (SPMIX) and Invesco S&P 500® Momentum ETF (SPMO).
SPMIX is managed by Blackrock. It was launched on Apr 20, 1992. 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: SPMIX or SPMO.
Correlation
The correlation between SPMIX and SPMO is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPMIX vs. SPMO - Performance Comparison
Key characteristics
SPMIX:
0.35
SPMO:
2.12
SPMIX:
0.56
SPMO:
2.80
SPMIX:
1.08
SPMO:
1.38
SPMIX:
0.31
SPMO:
2.95
SPMIX:
0.94
SPMO:
11.88
SPMIX:
6.54%
SPMO:
3.27%
SPMIX:
17.63%
SPMO:
18.38%
SPMIX:
-61.79%
SPMO:
-30.95%
SPMIX:
-14.97%
SPMO:
-0.18%
Returns By Period
In the year-to-date period, SPMIX achieves a 3.38% return, which is significantly lower than SPMO's 8.48% return.
SPMIX
3.38%
-0.45%
-1.54%
5.24%
2.00%
-0.41%
SPMO
8.48%
4.48%
15.64%
38.38%
19.59%
N/A
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SPMIX vs. SPMO - Expense Ratio Comparison
SPMIX has a 0.62% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
SPMIX vs. SPMO — Risk-Adjusted Performance Rank
SPMIX
SPMO
SPMIX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management S&P Midcap Index Fund (SPMIX) 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
SPMIX vs. SPMO - Dividend Comparison
SPMIX's dividend yield for the trailing twelve months is around 0.93%, more than SPMO's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMIX Shelton Capital Management S&P Midcap Index Fund | 0.93% | 0.96% | 1.08% | 1.30% | 1.12% | 1.01% | 1.00% | 1.04% | 0.92% | 0.90% | 1.14% | 0.84% |
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% | 0.00% |
Drawdowns
SPMIX vs. SPMO - Drawdown Comparison
The maximum SPMIX drawdown since its inception was -61.79%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for SPMIX and SPMO. For additional features, visit the drawdowns tool.
Volatility
SPMIX vs. SPMO - Volatility Comparison
The current volatility for Shelton Capital Management S&P Midcap Index Fund (SPMIX) is 3.69%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 4.84%. This indicates that SPMIX 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.