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SPMO - ETF AI Analysis
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Invesco S&P 500 Momentum ETF (SPMO)
Rating:73Outperform
Price Target:―
Positive Factors
Large Asset Base
The fund manages a sizable pool of assets, which can support liquidity and trading efficiency for investors.
Low Expense Ratio
The ETF charges relatively low annual fees, allowing investors to keep more of any returns the fund generates.
Sector Diversification Within the U.S.
Holdings are spread across several major sectors like technology, financials, communication services, and industrials, which helps reduce reliance on any single industry.
Negative Factors
Recent Weak Performance
The fund has shown negative returns over the past month, three months, and year to date, indicating recent momentum has been weak.
Top Holdings Under Pressure
Several of the largest positions, including major technology and financial names, have been lagging this year, which can drag on overall fund performance.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is highly sensitive to the U.S. market.
SPMO vs. SPDR S&P 500 ETF (SPY)
AUM12.97B
RegionNorth America
Expense Ratio0.13%
Beta1.28
IssuerInvesco
Inception DateOct 09, 2015
Dividend Yield0.72%
Asset ClassEquity
Index TrackedS&P 500 Momentum Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,007,916
30 Day Avg. Volume1,736,425
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
146.74Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering100
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPMO Summary
The Invesco S&P 500 Momentum ETF (SPMO) tracks the S&P 500 Momentum Index, focusing on large U.S. companies whose stock prices have been rising strongly. It mainly holds big, well-known names from the S&P 500, including companies like Nvidia and Meta Platforms, along with leaders in finance, retail, and other sectors. Someone might invest in this ETF to seek growth by riding current market winners while still staying diversified across many large companies. A key risk is that momentum stocks can fall quickly if trends reverse, so the price can move up and down more than the overall market.
How much will it cost me?The Invesco S&P 500 Momentum ETF (SPMO) has an expense ratio of 0.13%, which means you’ll pay $1.30 per year for every $1,000 invested. This is lower than average for ETFs because it is passively managed, tracking the S&P 500 Momentum Index rather than relying on active stock picking.
What would affect this ETF?The Invesco S&P 500 Momentum ETF (SPMO) could benefit from continued growth in the technology sector, which makes up a significant portion of its holdings, as well as strong performance from top companies like Nvidia and Meta Platforms. However, rising interest rates or economic slowdowns may negatively impact high-growth sectors like technology and communication services, and broader market volatility could affect the ETF's momentum-driven strategy. Regulatory changes targeting large-cap companies or specific sectors could also pose risks.
SPMO Top 10 Holdings
SPMO is riding the big U.S. momentum names, but its tech-heavy engine has been sputtering lately. Broadcom and Nvidia still sit in the driver’s seat, yet their recent performance has been more mixed than explosive, while Meta and Palantir have clearly been losing steam and weighing on returns. Netflix and Visa haven’t helped much either, with both lagging after earlier strength. Offsetting some of that weakness, Walmart has been a rare bright spot, but with such a strong tilt toward U.S. tech and communication giants, the fund’s fortunes remain tied to a choppy growth trade.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Broadcom | 9.53% | $1.29B | $1.58T | 46.33% | 76 Outperform | |
| Nvidia | 9.37% | $1.27B | $4.51T | 42.28% | 76 Outperform | |
| Meta Platforms | 7.87% | $1.07B | $1.67T | -5.60% | 76 Outperform | |
| JPMorgan Chase | 5.42% | $736.03M | $877.66B | 18.84% | 72 Outperform | |
| Walmart | 4.00% | $543.14M | $1.05T | 25.36% | 78 Outperform | |
| Palantir Technologies | 3.62% | $492.21M | $323.91B | 22.51% | 74 Outperform | |
| Netflix | 3.17% | $430.00M | $347.06B | -20.72% | 73 Outperform | |
| Visa | 3.15% | $428.35M | $632.04B | -7.30% | 70 Outperform | |
| Cisco Systems | 2.52% | $342.63M | $335.13B | 38.16% | 77 Outperform | |
| GE Vernova Inc. | 2.43% | $330.49M | $210.06B | 108.19% | 69 Neutral |
SPMO Technical Analysis
Positive
―
Price Trends
119.50
Positive
119.64
Positive
114.64
Positive
Market Momentum
-0.03
Negative
57.44
Neutral
56.69
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPMO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 119.10, equal to the 50-day MA of 119.50, and equal to the 200-day MA of 114.64, indicating a bullish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 57.44 is Neutral, neither overbought nor oversold. The STOCH value of 56.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPMO.
SPMO Peer Comparison
Comparison Results
Performance Comparison
SPMO
Invesco S&P 500 Momentum ETF
121.49
19.90
19.59%
VOO
Vanguard S&P 500 ETF
―
―
―
IVV
iShares Core S&P 500 ETF
―
―
―
SPY
SPDR S&P 500 ETF Trust
―
―
―
QQQ
Invesco QQQ Trust
―
―
―
SPYM
State Street SPDR Portfolio S&P 500 ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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