SPMO vs. XRP-USD

Last updated Jun 10, 2026

SPMO (Invesco S&P 500 Momentum ETF) is Momentum fund tracking the S&P 500 Momentum Index, while XRP-USD (XRP) is a cryptocurrency. Over the past 5 years, SPMO returned 22.76%/yr vs 5.51%/yr for XRP-USD. At a 0.18 correlation, their price movements are largely independent.

Performance

SPMO vs. XRP-USD - Performance Comparison

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

Returns By Period

In the year-to-date period, SPMO achieves a 23.98% return, which is significantly higher than XRP-USD's -38.21% return.

SPMO

• 1D: -0.25%
• 1M: 2.57%
• YTD: 23.98%
• 6M: 22.84%
• 1Y: 39.21%
• 3Y*: 40.17%
• 5Y*: 22.76%
• 10Y*: 20.35%

XRP-USD

• 1D: -2.68%
• 1M: -22.87%
• YTD: -38.21%
• 6M: -46.05%
• 1Y: -51.05%
• 3Y*: 30.77%
• 5Y*: 5.51%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPMO vs. XRP-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPMO Invesco S&P 500 Momentum ETF	23.98%	26.58%	45.82%	17.56%	-10.45%	22.64%	28.25%	25.93%	-0.92%	27.76%
XRP-USD XRP	-38.21%	-11.56%	237.88%	81.04%	-59.10%	278.06%	13.98%	-45.31%	-84.67%	38,242.83%

Correlation

The correlation between SPMO and XRP-USD is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jan 2, 2017	0.18

The correlation between SPMO and XRP-USD shifts across timeframes, from 0.18 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SPMO vs. XRP-USD — Risk / Return Rank

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

SPMO

SPMO Risk / Return Rank: 71
SPMO Sharpe Ratio Rank: 73
SPMO Sortino Ratio Rank: 69
SPMO Omega Ratio Rank: 74
SPMO Calmar Ratio Rank: 69
SPMO Martin Ratio Rank: 71

XRP-USD

XRP-USD Risk / Return Rank: 49
XRP-USD Sharpe Ratio Rank: 44
XRP-USD Sortino Ratio Rank: 47
XRP-USD Omega Ratio Rank: 47
XRP-USD Calmar Ratio Rank: 58
XRP-USD Martin Ratio Rank: 51

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. XRP-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Momentum ETF (SPMO) and XRP (XRP-USD). 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	XRP-USD	Difference
Sharpe ratio: Return per unit of total volatility	2.11	-0.76	+2.86
Sortino ratio: Return per unit of downside risk	2.79	-1.04	+3.84
Omega ratio: Gain probability vs. loss probability	1.39	0.90	+0.49
Calmar ratio: Return relative to maximum drawdown	3.10	-0.74	+3.84
Martin ratio: Return relative to average drawdown	11.87	-1.18	+13.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPMO vs. XRP-USD - Sharpe Ratio Comparison

The current SPMO Sharpe Ratio is 2.11, which is higher than the XRP-USD Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of SPMO and XRP-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPMO	XRP-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	-0.76	+2.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	0.06	+1.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.55	+0.42

Drawdowns

SPMO vs. XRP-USD - Drawdown Comparison

The maximum SPMO drawdown since its inception was -30.95%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for SPMO and XRP-USD.

Drawdown Indicators

	SPMO	XRP-USD	Difference
Max Drawdown Largest peak-to-trough decline	-30.95%	-95.87%	+64.92%
Max Drawdown (1Y) Largest decline over 1 year	-12.70%	-69.23%	+56.53%
Max Drawdown (3Y) Largest decline over 3 years	-20.13%	-69.23%	+49.10%
Max Drawdown (5Y) Largest decline over 5 years	-22.74%	-77.83%	+55.09%
Max Drawdown (10Y) Largest decline over 10 years	-30.95%	—	—
Current Drawdown Current decline from peak	-4.89%	-68.01%	+63.12%
Average Drawdown Average peak-to-trough decline	-4.60%	-70.99%	+66.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	44.15%	-40.84%

Volatility

SPMO vs. XRP-USD - Volatility Comparison

The current volatility for Invesco S&P 500 Momentum ETF (SPMO) is 8.94%, while XRP (XRP-USD) has a volatility of 13.72%. This indicates that SPMO experiences smaller price fluctuations and is considered to be less risky than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPMO	XRP-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.94%	13.72%	-4.78%
Volatility (6M) Calculated over the trailing 6-month period	15.83%	46.04%	-30.21%
Volatility (1Y) Calculated over the trailing 1-year period	18.68%	56.11%	-37.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.50%	72.38%	-52.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	111.82%	-91.41%

Frequently Asked Questions

Can I hold both SPMO and XRP-USD in my portfolio?

SPMO and XRP-USD have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPMO or XRP-USD?

XRP-USD has higher volatility (13.72%) compared to SPMO (8.94%). In terms of maximum drawdown, SPMO dropped -30.95% vs XRP-USD's -95.87%.

Which has better risk-adjusted returns?

SPMO currently has the higher Sharpe Ratio (2.11 vs -0.76), 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.