SPMYY vs. SPMO
Compare and contrast key facts about Spirent Communications plc ADR (SPMYY) and Invesco S&P 500® Momentum ETF (SPMO).
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: SPMYY or SPMO.
Correlation
The correlation between SPMYY and SPMO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPMYY vs. SPMO - Performance Comparison
Key characteristics
SPMYY:
0.91
SPMO:
2.12
SPMYY:
3.63
SPMO:
2.80
SPMYY:
1.84
SPMO:
1.38
SPMYY:
0.98
SPMO:
2.95
SPMYY:
6.90
SPMO:
11.88
SPMYY:
9.27%
SPMO:
3.27%
SPMYY:
70.66%
SPMO:
18.38%
SPMYY:
-94.29%
SPMO:
-30.95%
SPMYY:
-38.80%
SPMO:
-0.18%
Returns By Period
In the year-to-date period, SPMYY achieves a 2.46% return, which is significantly lower than SPMO's 8.48% return.
SPMYY
2.46%
12.96%
4.92%
62.54%
-5.76%
15.92%
SPMO
8.48%
4.48%
15.64%
38.38%
19.59%
N/A
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Risk-Adjusted Performance
SPMYY vs. SPMO — Risk-Adjusted Performance Rank
SPMYY
SPMO
SPMYY vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spirent Communications plc ADR (SPMYY) 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
SPMYY vs. SPMO - Dividend Comparison
SPMYY has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMYY Spirent Communications plc ADR | 0.00% | 0.00% | 4.77% | 2.13% | 3.77% | 1.62% | 1.44% | 6.18% | 2.90% | 3.32% | 3.56% | 3.23% |
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
SPMYY vs. SPMO - Drawdown Comparison
The maximum SPMYY drawdown since its inception was -94.29%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for SPMYY and SPMO. For additional features, visit the drawdowns tool.
Volatility
SPMYY vs. SPMO - Volatility Comparison
Spirent Communications plc ADR (SPMYY) has a higher volatility of 8.49% compared to Invesco S&P 500® Momentum ETF (SPMO) at 4.84%. This indicates that SPMYY's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.