SPMO vs. XCLR
Compare and contrast key facts about Invesco S&P 500 Momentum ETF (SPMO) and Global X S&P 500 Collar 95-110 ETF (XCLR).
SPMO and XCLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XCLR is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 3-Month Collar 95-110 Index. It was launched on Aug 25, 2021. Both SPMO and XCLR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPMO vs. XCLR - Performance Comparison
Loading graphics...
SPMO vs. XCLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SPMO Invesco S&P 500 Momentum ETF | -3.77% | 26.58% | 45.82% | 17.56% | -10.45% | 4.22% |
XCLR Global X S&P 500 Collar 95-110 ETF | -4.88% | 10.25% | 20.67% | 15.64% | -12.93% | 3.44% |
Returns By Period
In the year-to-date period, SPMO achieves a -3.77% return, which is significantly higher than XCLR's -4.88% return.
SPMO
- 1D
- 2.13%
- 1M
- -4.40%
- YTD
- -3.77%
- 6M
- -4.53%
- 1Y
- 23.97%
- 3Y*
- 29.27%
- 5Y*
- 17.66%
- 10Y*
- 17.41%
XCLR
- 1D
- 0.49%
- 1M
- -4.99%
- YTD
- -4.88%
- 6M
- -3.76%
- 1Y
- 10.37%
- 3Y*
- 12.20%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPMO vs. XCLR - Expense Ratio Comparison
SPMO has a 0.13% expense ratio, which is lower than XCLR's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
SPMO vs. XCLR — Risk / Return Rank
SPMO
XCLR
SPMO vs. XCLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Momentum ETF (SPMO) and Global X S&P 500 Collar 95-110 ETF (XCLR). 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.
| SPMO | XCLR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.99 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.43 | +0.17 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.96 | 1.28 | +0.68 |
Martin ratioReturn relative to average drawdown | 6.90 | 5.24 | +1.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPMO | XCLR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.99 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.59 | +0.27 |
Correlation
The correlation between SPMO and XCLR is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SPMO vs. XCLR - Dividend Comparison
SPMO's dividend yield for the trailing twelve months is around 0.89%, less than XCLR's 13.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMO Invesco S&P 500 Momentum ETF | 0.89% | 0.73% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
XCLR Global X S&P 500 Collar 95-110 ETF | 13.83% | 13.15% | 18.76% | 1.40% | 1.01% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPMO vs. XCLR - Drawdown Comparison
The maximum SPMO drawdown since its inception was -30.95%, which is greater than XCLR's maximum drawdown of -14.63%. Use the drawdown chart below to compare losses from any high point for SPMO and XCLR.
Loading graphics...
Drawdown Indicators
| SPMO | XCLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.95% | -14.63% | -16.32% |
Max Drawdown (1Y)Largest decline over 1 year | -12.70% | -8.29% | -4.41% |
Max Drawdown (5Y)Largest decline over 5 years | -22.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.95% | — | — |
Current DrawdownCurrent decline from peak | -7.31% | -6.45% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -4.82% | +0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.02% | +1.58% |
Volatility
SPMO vs. XCLR - Volatility Comparison
Invesco S&P 500 Momentum ETF (SPMO) has a higher volatility of 7.22% compared to Global X S&P 500 Collar 95-110 ETF (XCLR) at 3.42%. This indicates that SPMO's price experiences larger fluctuations and is considered to be riskier than XCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPMO | XCLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.22% | 3.42% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 12.80% | 7.16% | +5.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.77% | 10.53% | +12.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 10.58% | +8.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.09% | 10.58% | +9.51% |