WCC vs. SPMO

Last updated Jun 4, 2026

WCC (WESCO International, Inc.) is a stock, while SPMO (Invesco S&P 500 Momentum ETF) is Momentum fund tracking the S&P 500 Momentum Index. Over the past 10 years, WCC returned 20.58%/yr vs 20.95%/yr for SPMO. At a 0.44 correlation, their price movements are largely independent.

Performance

WCC vs. SPMO - Performance Comparison

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

Returns By Period

In the year-to-date period, WCC achieves a 53.39% return, which is significantly higher than SPMO's 30.35% return. Both investments have delivered pretty close results over the past 10 years, with WCC having a 20.58% annualized return and SPMO not far ahead at 20.95%.

WCC

• 1D: 0.78%
• 1M: 8.04%
• YTD: 53.39%
• 6M: 38.92%
• 1Y: 118.04%
• 3Y*: 38.12%
• 5Y*: 28.76%
• 10Y*: 20.58%

SPMO

• 1D: 0.50%
• 1M: 15.36%
• YTD: 30.35%
• 6M: 30.51%
• 1Y: 46.00%
• 3Y*: 43.04%
• 5Y*: 24.29%
• 10Y*: 20.95%

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

WCC vs. SPMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WCC WESCO International, Inc.	53.39%	36.43%	5.09%	40.19%	-4.86%	67.63%	32.18%	23.73%	-29.57%	2.40%
SPMO Invesco S&P 500 Momentum ETF	30.35%	26.58%	45.82%	17.56%	-10.45%	22.64%	28.25%	25.93%	-0.92%	27.76%

Correlation

The correlation between WCC and SPMO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Oct 13, 2015	0.44

The correlation between WCC and SPMO shifts across timeframes, from 0.44 (all time) to 0.57 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WCC vs. SPMO — Risk / Return Rank

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

WCC

WCC Risk / Return Rank: 93
WCC Sharpe Ratio Rank: 94
WCC Sortino Ratio Rank: 93
WCC Omega Ratio Rank: 90
WCC Calmar Ratio Rank: 93
WCC Martin Ratio Rank: 95

SPMO

SPMO Risk / Return Rank: 75
SPMO Sharpe Ratio Rank: 79
SPMO Sortino Ratio Rank: 77
SPMO Omega Ratio Rank: 77
SPMO Calmar Ratio Rank: 71
SPMO Martin Ratio Rank: 73

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.

WCC vs. SPMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WESCO International, Inc. (WCC) 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.

	WCC	SPMO	Difference
Sharpe ratio: Return per unit of total volatility	3.01	2.62	+0.39
Sortino ratio: Return per unit of downside risk	3.76	3.54	+0.22
Omega ratio: Gain probability vs. loss probability	1.45	1.47	-0.02
Calmar ratio: Return relative to maximum drawdown	5.78	3.64	+2.14
Martin ratio: Return relative to average drawdown	18.98	14.17	+4.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WCC vs. SPMO - Sharpe Ratio Comparison

The current WCC Sharpe Ratio is 3.01, which is comparable to the SPMO Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of WCC and SPMO, 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

	WCC	SPMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.01	2.62	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	1.27	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	1.03	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	1.01	-0.77

Drawdowns

WCC vs. SPMO - Drawdown Comparison

The maximum WCC drawdown since its inception was -86.28%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for WCC and SPMO.

Drawdown Indicators

	WCC	SPMO	Difference
Max Drawdown Largest peak-to-trough decline	-86.28%	-30.95%	-55.33%
Max Drawdown (1Y) Largest decline over 1 year	-20.54%	-12.70%	-7.84%
Max Drawdown (3Y) Largest decline over 3 years	-37.37%	-20.13%	-17.24%
Max Drawdown (5Y) Largest decline over 5 years	-37.37%	-22.74%	-14.63%
Max Drawdown (10Y) Largest decline over 10 years	-78.82%	-30.95%	-47.87%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-34.81%	-4.60%	-30.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.25%	3.26%	+2.99%

Volatility

WCC vs. SPMO - Volatility Comparison

WESCO International, Inc. (WCC) has a higher volatility of 11.77% compared to Invesco S&P 500 Momentum ETF (SPMO) at 7.35%. This indicates that WCC'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.

Volatility by Period

	WCC	SPMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.77%	7.35%	+4.42%
Volatility (6M) Calculated over the trailing 6-month period	31.25%	14.39%	+16.86%
Volatility (1Y) Calculated over the trailing 1-year period	39.70%	17.64%	+22.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.57%	19.30%	+25.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.03%	20.31%	+24.72%

Dividends

WCC vs. SPMO - Dividend Comparison

WCC's dividend yield for the trailing twelve months is around 0.50%, less than SPMO's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPMO Invesco S&P 500 Momentum ETF	0.65%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%
WCC WESCO International, Inc.	0.50%	0.74%	0.91%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCC and SPMO in my portfolio?

WCC and SPMO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCC or SPMO?

WCC has higher volatility (11.77%) compared to SPMO (7.35%). In terms of maximum drawdown, WCC dropped -86.28% vs SPMO's -30.95%.

Which has better risk-adjusted returns?

WCC currently has the higher Sharpe Ratio (3.01 vs 2.62), 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.