SPMO - ETF AI Analysis
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Invesco S&P 500 Momentum ETF (SPMO)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year to date, indicating strong recent momentum.
Leading Technology and Chip Stocks
Top holdings like Nvidia, Broadcom, Micron, Lam Research, and AMD have delivered strong year-to-date results, helping drive the fund’s returns.
Low Expense Ratio
The fund’s relatively low fee means more of the investment returns stay in investors’ pockets over time.
Negative Factors
Heavy Technology Concentration
Nearly half of the portfolio is in the technology sector, which increases the risk if tech stocks fall out of favor.
Top Holdings Are Large Positions
A small group of stocks makes up a significant portion of the fund, so weakness in any of these companies could hurt overall performance.
Limited Geographic Diversification
With almost all assets invested in U.S. companies, the ETF offers little exposure to international markets.
SPMO vs. SPDR S&P 500 ETF (SPY)
AUM19.87B
RegionNorth America
Expense Ratio0.13%
Beta1.29
IssuerInvesco
Inception DateOct 09, 2015
Dividend Yield0.67%
Asset ClassEquity
Index TrackedS&P 500 Momentum Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,230,458
30 Day Avg. Volume1,873,271
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
166.07Price 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, especially in technology, such as Nvidia and Broadcom, along with firms like Alphabet and Exxon Mobil. Investors might consider SPMO if they want growth potential from leading U.S. stocks that have recently performed well, while still getting broad diversification across sectors. A key risk is that momentum stocks can fall quickly when trends reverse, so the share 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 a powerful semiconductor wave, with Nvidia, Micron, AMD, Lam Research, and Intel all surging and doing most of the heavy lifting for returns. Broadcom has been more mixed lately, occasionally tapping the brakes on the fund’s momentum. Alphabet’s twin share classes add another strong tech engine, while Johnson & Johnson and Exxon Mobil provide a steadier, more defensive counterweight. Overall, this is a U.S.-only ETF that’s heavily tilted toward high-flying tech and chip names, making it a momentum play with a clear sector bias.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Micron | 11.30% | $2.27B | $1.10T | 954.70% | 79 Outperform | |
| Nvidia | 8.88% | $1.79B | $5.11T | 63.31% | 76 Outperform | |
| Broadcom | 7.71% | $1.55B | $2.12T | 84.94% | 76 Outperform | |
| Alphabet Class A | 4.70% | $945.45M | $4.59T | 122.66% | 85 Outperform | |
| Advanced Micro Devices | 4.04% | $813.09M | $841.55B | 345.02% | 73 Outperform | |
| Johnson & Johnson | 3.77% | $759.04M | $542.42B | 43.83% | 78 Outperform | |
| Alphabet Class C | 3.73% | $749.95M | $4.59T | 118.69% | 82 Outperform | |
| Lam Research | 3.48% | $700.32M | $397.91B | 284.48% | 77 Outperform | |
| Exxon Mobil | 2.82% | $567.73M | $602.10B | 44.96% | 74 Outperform | |
| Intel | 2.78% | $559.38M | $576.38B | 453.85% | 64 Neutral |
SPMO Technical Analysis
Positive
―
Price Trends
131.18
Positive
124.90
Positive
121.86
Positive
Market Momentum
5.28
Negative
74.62
Negative
91.89
Negative
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 144.61, equal to the 50-day MA of 131.18, and equal to the 200-day MA of 121.86, indicating a bullish trend. The MACD of 5.28 indicates Negative momentum. The RSI at 74.62 is Negative, neither overbought nor oversold. The STOCH value of 91.89 is Negative, 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
154.32
48.09
45.27%
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
―
―
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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.
DisclaimerThis 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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