ETF overview
The Invesco S&P 500 Momentum ETF (SPMO) is designed to mirror the investment performance of the S&P 500 Momentum Index. The Fund typically allocates at least 90% of its total assets to the securities that constitute this underlying Index. The S&P 500 Momentum Index itself is composed of stocks from the broader S&P 500 Index that exhibit strong "momentum scores," reflecting their recent performance trends. Both the ETF and its benchmark index undergo semi-annual reconstitution and rebalancing, which takes place on the third Fridays of March and September each year. The weighting of individual constituents within the Index is determined by a combination of their market capitalization and their assigned momentum score. As of August 31, 2025, SPMO proudly holds an overall 5-star rating from Morningstar, positioning it in the top tier among 1252 comparable funds. It also earned a 5-star rating for both the 3-year period (out of 1252 funds) and the 5-year period (out of 1149 funds), with 10-year data not yet available. Morningstar's ratings are calculated using a risk-adjusted return methodology, which scrutinizes monthly performance variations, emphasizing downside risk and rewarding consistent returns. For fair comparison, open-end mutual funds and exchange-traded funds are evaluated together as a single group. To qualify for a rating, a fund must possess at least three years of operational history. The overall rating is derived from a weighted average of the 3-, 5-, and 10-year rating metrics where applicable, after accounting for fees and expenses but excluding any sales charges. Important Disclaimers: This information, proprietary to Morningstar Inc. (©2025), is not guaranteed for accuracy, completeness, or timeliness and must not be copied or distributed. Neither Morningstar nor its content providers are liable for any damages resulting from its use. Investors should remember that past performance does not indicate future results. Star ratings are assigned monthly based on percentile rank within a category: the top 10% receive five stars, the subsequent 22.5% receive four stars, and so forth. Please note that if fee waivers or expense reimbursements had not been in place, the Morningstar rating might have been lower. Ratings for other share classes of the fund may vary due to differing performance characteristics.
Fund facts
- Expense ratio
- 0.13%
- Fund assets
- 21.97B USD (all share classes)
- Issuer
- Invesco
- Inception date
- Oct 9, 2015
- Number of holdings
- 100
Breakdown
Holdings (100)
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc | AAPL | 9.97% |
| Micron Technology Inc | MU | 8.43% |
| Advanced Micro Devices Inc | AMD | 5.23% |
| Alphabet Inc | GOOGL | 5.12% |
| Johnson & Johnson | JNJ | 4.68% |
| Intel Corp | INTC | 4.46% |
| Alphabet Inc | GOOG | 4.11% |
| ExxonMobil Holdings Corp | XOM | 3.59% |
| Lam Research Corp | LRCX | 2.58% |
| Cisco Systems Inc | CSCO | 2.46% |
| and 87 more | ||
Similar ETFs
- iShares MSCI USA Momentum Factor ETFMTUM · Overlap 70% · Expense ratio 0.15%
- iShares Edge MSCI USA Momentum Factor UCITS ETFIUMO.L · Overlap 71% · Expense ratio 0.20%
- Fidelity Momentum Factor ETFFDMO · Overlap 50% · Expense ratio 0.15%
- State Street SPDR S&P 1500 Momentum Tilt ETFMMTM · Overlap 50% · Expense ratio 0.12%
- iShares Nasdaq Top 30 Stocks ETFQTOP · Overlap 44% · Expense ratio 0.20%
- iShares Expanded Tech Sector ETFIGM · Overlap 43% · Expense ratio 0.37%
- NYLI Candriam U.S. Large Cap Equity ETFIQSU · Overlap 42% · Expense ratio 0.09%
- Wahed FTSE USA Shariah ETFHLAL · Overlap 42% · Expense ratio 0.50%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.13%
- Fund assets
- 21.97B USD (all share classes)
- Issuer
- Invesco
- Inception date
- Oct 9, 2015
- Number of holdings
- 100
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc | AAPL | 9.97% |
| Micron Technology Inc | MU | 8.43% |
| Advanced Micro Devices Inc | AMD | 5.23% |
| Alphabet Inc | GOOGL | 5.12% |
| Johnson & Johnson | JNJ | 4.68% |
| Intel Corp | INTC | 4.46% |
| Alphabet Inc | GOOG | 4.11% |
| ExxonMobil Holdings Corp | XOM | 3.59% |
| Lam Research Corp | LRCX | 2.58% |
| Cisco Systems Inc | CSCO | 2.46% |
| and 87 more | ||
The Invesco S&P 500 Momentum ETF (SPMO) is designed to mirror the investment performance of the S&P 500 Momentum Index. The Fund typically allocates at least 90% of its total assets to the securities that constitute this underlying Index. The S&P 500 Momentum Index itself is composed of stocks from the broader S&P 500 Index that exhibit strong "momentum scores," reflecting their recent performance trends. Both the ETF and its benchmark index undergo semi-annual reconstitution and rebalancing, which takes place on the third Fridays of March and September each year. The weighting of individual constituents within the Index is determined by a combination of their market capitalization and their assigned momentum score. As of August 31, 2025, SPMO proudly holds an overall 5-star rating from Morningstar, positioning it in the top tier among 1252 comparable funds. It also earned a 5-star rating for both the 3-year period (out of 1252 funds) and the 5-year period (out of 1149 funds), with 10-year data not yet available. Morningstar's ratings are calculated using a risk-adjusted return methodology, which scrutinizes monthly performance variations, emphasizing downside risk and rewarding consistent returns. For fair comparison, open-end mutual funds and exchange-traded funds are evaluated together as a single group. To qualify for a rating, a fund must possess at least three years of operational history. The overall rating is derived from a weighted average of the 3-, 5-, and 10-year rating metrics where applicable, after accounting for fees and expenses but excluding any sales charges. Important Disclaimers: This information, proprietary to Morningstar Inc. (©2025), is not guaranteed for accuracy, completeness, or timeliness and must not be copied or distributed. Neither Morningstar nor its content providers are liable for any damages resulting from its use. Investors should remember that past performance does not indicate future results. Star ratings are assigned monthly based on percentile rank within a category: the top 10% receive five stars, the subsequent 22.5% receive four stars, and so forth. Please note that if fee waivers or expense reimbursements had not been in place, the Morningstar rating might have been lower. Ratings for other share classes of the fund may vary due to differing performance characteristics.
- iShares MSCI USA Momentum Factor ETFMTUM · Overlap 70% · Expense ratio 0.15%
- iShares Edge MSCI USA Momentum Factor UCITS ETFIUMO.L · Overlap 71% · Expense ratio 0.20%
- Fidelity Momentum Factor ETFFDMO · Overlap 50% · Expense ratio 0.15%
- State Street SPDR S&P 1500 Momentum Tilt ETFMMTM · Overlap 50% · Expense ratio 0.12%
- iShares Nasdaq Top 30 Stocks ETFQTOP · Overlap 44% · Expense ratio 0.20%
- iShares Expanded Tech Sector ETFIGM · Overlap 43% · Expense ratio 0.37%
- NYLI Candriam U.S. Large Cap Equity ETFIQSU · Overlap 42% · Expense ratio 0.09%
- Wahed FTSE USA Shariah ETFHLAL · Overlap 42% · Expense ratio 0.50%
Overlap is the share of assets the two funds hold in common.
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