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SPMO vs. BBD-B.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPMO vs. BBD-B.TO

Last updated Jun 13, 2026

SPMO (Invesco S&P 500 Momentum ETF) is Momentum fund tracking the S&P 500 Momentum Index, while BBD-B.TO (Bombardier Inc) is a stock. Over the past 10 years, SPMO returned 20.86%/yr vs 19.24%/yr for BBD-B.TO. At a 0.28 correlation, their price movements are largely independent.

Performance

SPMO vs. BBD-B.TO - Performance Comparison

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

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Different Trading Currencies

SPMO is traded in USD, while BBD-B.TO is traded in CAD. To make them comparable, the BBD-B.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SPMO achieves a 28.15% return, which is significantly lower than BBD-B.TO's 30.19% return. Over the past 10 years, SPMO has outperformed BBD-B.TO with an annualized return of 20.86%, while BBD-B.TO has yielded a comparatively lower 19.24% annualized return.

SPMO

1D
1.26%
1M
4.23%
YTD
28.15%
6M
28.70%
1Y
43.47%
3Y*
41.53%
5Y*
23.50%
10Y*
20.86%

BBD-B.TO

1D
-1.08%
1M
13.88%
YTD
30.19%
6M
36.07%
1Y
193.04%
3Y*
66.56%
5Y*
58.60%
10Y*
19.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPMO vs. BBD-B.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SPMO
Invesco S&P 500 Momentum ETF		28.15%26.58%45.82%17.56%-10.45%22.64%28.25%25.93%-0.92%27.76%
BBD-B.TO
Bombardier Inc		30.19%150.30%69.37%4.28%17.04%250.17%-74.53%-0.84%-38.20%50.47%

Correlation

The correlation between SPMO and BBD-B.TO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.37

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

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.37

Correlation (10Y)
Calculated over the trailing 10-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Oct 12, 2015

0.28

Compare stocks, funds, or ETFs

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Invesco S&P 500 Momentum ETF

Bombardier Inc

Often compared with SPMO:
SPMO vs. VOOSPMO vs. QQQSPMO vs. SCHGSPMO vs. MTUMSPMO vs. VUGSPMO vs. VFMOSPMO vs. XMMO
Often compared with BBD-B.TO:
BBD-B.TO vs. BBD-A.TOBBD-B.TO vs. MAL.TOBBD-B.TO vs. ABX.TOBBD-B.TO vs. WELL.TOBBD-B.TO vs. GOLDBBD-B.TO vs. URTHBBD-B.TO vs. BBD-PC.TO

Return for Risk

SPMO vs. BBD-B.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPMO
SPMO Risk / Return Rank: 7979
Overall Rank
SPMO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
SPMO Sortino Ratio Rank: 7878
Sortino Ratio Rank
SPMO Omega Ratio Rank: 8080
Omega Ratio Rank
SPMO Calmar Ratio Rank: 7777
Calmar Ratio Rank
SPMO Martin Ratio Rank: 7878
Martin Ratio Rank
BBD-B.TO
BBD-B.TO Risk / Return Rank: 9797
Overall Rank
BBD-B.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
BBD-B.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
BBD-B.TO Omega Ratio Rank: 9696
Omega Ratio Rank
BBD-B.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
BBD-B.TO Martin Ratio Rank: 9898
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.

SPMO vs. BBD-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Momentum ETF (SPMO) and Bombardier Inc (BBD-B.TO). 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.

SPMOBBD-B.TODifference
Sharpe ratioReturn per unit of total volatility
2.24
3.78

-1.54

Sortino ratioReturn per unit of downside risk
2.98
4.49

-1.51

Omega ratioGain probability vs. loss probability

1.41

1.56

-0.15

Calmar ratioReturn relative to maximum drawdown

3.44

10.23

-6.79

Martin ratioReturn relative to average drawdown

13.01

30.03

-17.02

SPMO vs. BBD-B.TO - Sharpe Ratio Comparison

The current SPMO Sharpe Ratio is 2.24, which is lower than the BBD-B.TO Sharpe Ratio of 3.78. The chart below compares the historical Sharpe Ratios of SPMO and BBD-B.TO, 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

SPMO vs. BBD-B.TO - Drawdown Comparison

The maximum SPMO drawdown since its inception was -30.95%, smaller than the maximum BBD-B.TO drawdown of -97.60%. Use the drawdown chart below to compare losses from any high point for SPMO and BBD-B.TO.

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Drawdown Indicators

SPMOBBD-B.TODifference

Max Drawdown

Largest peak-to-trough decline

-30.95%

-97.60%

+66.65%

Max Drawdown (1Y)

Largest decline over 1 year

-12.70%

-19.00%

+6.30%

Max Drawdown (3Y)

Largest decline over 3 years

-20.13%

-41.54%

+21.41%

Max Drawdown (5Y)

Largest decline over 5 years

-22.74%

-67.54%

+44.80%

Max Drawdown (10Y)

Largest decline over 10 years

-30.95%

-94.91%

+63.96%

Current Drawdown

Current decline from peak

-1.68%

-6.06%

+4.38%

Average Drawdown

Average peak-to-trough decline

-4.60%

-61.01%

+56.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.35%

6.46%

-3.11%

Volatility

SPMO vs. BBD-B.TO - Volatility Comparison

The current volatility for Invesco S&P 500 Momentum ETF (SPMO) is 10.29%, while Bombardier Inc (BBD-B.TO) has a volatility of 12.19%. This indicates that SPMO experiences smaller price fluctuations and is considered to be less risky than BBD-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPMOBBD-B.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

10.29%

12.19%

-1.90%

Volatility (6M)

Calculated over the trailing 6-month period

16.73%

38.75%

-22.02%

Volatility (1Y)

Calculated over the trailing 1-year period

19.48%

51.37%

-31.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.65%

55.19%

-35.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.48%

60.81%

-40.33%

Dividends

SPMO vs. BBD-B.TO - Dividend Comparison

SPMO's dividend yield for the trailing twelve months is around 0.67%, while BBD-B.TO has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
BBD-B.TO
Bombardier Inc		0.00%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		0.67%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

SPMO and BBD-B.TO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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