SPVM vs. SPMO
Compare and contrast key facts about Invesco S&P 500 Value with Momentum ETF (SPVM) and Invesco S&P 500® Momentum ETF (SPMO).
SPVM and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPVM is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Momentum Value Index. It was launched on Jun 16, 2011. 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. Both SPVM and SPMO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPVM or SPMO.
Correlation
The correlation between SPVM and SPMO is 0.75, 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.
Performance
SPVM vs. SPMO - Performance Comparison
Key characteristics
SPVM:
0.20
SPMO:
0.93
SPVM:
0.41
SPMO:
1.40
SPVM:
1.05
SPMO:
1.20
SPVM:
0.19
SPMO:
1.14
SPVM:
0.64
SPMO:
4.23
SPVM:
5.60%
SPMO:
5.42%
SPVM:
18.05%
SPMO:
24.76%
SPVM:
-45.36%
SPMO:
-30.95%
SPVM:
-11.35%
SPMO:
-8.77%
Returns By Period
In the year-to-date period, SPVM achieves a -3.35% return, which is significantly lower than SPMO's -0.85% return.
SPVM
-3.35%
-3.80%
-4.52%
4.37%
14.88%
8.72%
SPMO
-0.85%
-0.41%
1.83%
22.68%
20.21%
N/A
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SPVM vs. SPMO - Expense Ratio Comparison
SPVM has a 0.39% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
SPVM vs. SPMO — Risk-Adjusted Performance Rank
SPVM
SPMO
SPVM vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Value with Momentum ETF (SPVM) 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
SPVM vs. SPMO - Dividend Comparison
SPVM's dividend yield for the trailing twelve months is around 2.10%, more than SPMO's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPVM Invesco S&P 500 Value with Momentum ETF | 2.10% | 1.91% | 2.45% | 2.33% | 1.41% | 2.11% | 2.40% | 3.10% | 1.68% | 2.80% | 2.67% | 1.94% |
SPMO Invesco S&P 500® Momentum ETF | 0.54% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
SPVM vs. SPMO - Drawdown Comparison
The maximum SPVM drawdown since its inception was -45.36%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for SPVM and SPMO. For additional features, visit the drawdowns tool.
Volatility
SPVM vs. SPMO - Volatility Comparison
The current volatility for Invesco S&P 500 Value with Momentum ETF (SPVM) is 11.96%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 16.81%. This indicates that SPVM 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.