SSPX vs. SPMO
Compare and contrast key facts about Janus Henderson U.S. Sustainable Equity ETF (SSPX) and Invesco S&P 500® Momentum ETF (SPMO).
SSPX and SPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SSPX is an actively managed fund by Janus Henderson. It was launched on Sep 8, 2021. 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: SSPX or SPMO.
Correlation
The correlation between SSPX and SPMO is 0.79, 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
SSPX vs. SPMO - Performance Comparison
Key characteristics
SSPX:
0.88
SPMO:
2.10
SSPX:
1.30
SPMO:
2.79
SSPX:
1.16
SPMO:
1.37
SSPX:
1.27
SPMO:
2.94
SSPX:
3.58
SPMO:
11.82
SSPX:
3.50%
SPMO:
3.27%
SSPX:
14.29%
SPMO:
18.44%
SSPX:
-34.02%
SPMO:
-30.95%
SSPX:
-1.93%
SPMO:
-0.48%
Returns By Period
In the year-to-date period, SSPX achieves a 5.65% return, which is significantly lower than SPMO's 7.78% return.
SSPX
5.65%
5.29%
5.14%
14.58%
N/A
N/A
SPMO
7.78%
7.30%
18.71%
40.14%
19.39%
N/A
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SSPX vs. SPMO - Expense Ratio Comparison
SSPX has a 0.55% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
SSPX vs. SPMO — Risk-Adjusted Performance Rank
SSPX
SPMO
SSPX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson U.S. Sustainable Equity ETF (SSPX) 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
SSPX vs. SPMO - Dividend Comparison
SSPX's dividend yield for the trailing twelve months is around 0.35%, less than SPMO's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SSPX Janus Henderson U.S. Sustainable Equity ETF | 0.35% | 0.37% | 0.41% | 0.29% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.45% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
SSPX vs. SPMO - Drawdown Comparison
The maximum SSPX drawdown since its inception was -34.02%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for SSPX and SPMO. For additional features, visit the drawdowns tool.
Volatility
SSPX vs. SPMO - Volatility Comparison
The current volatility for Janus Henderson U.S. Sustainable Equity ETF (SSPX) is 3.50%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 5.03%. This indicates that SSPX 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.