SPMO - ETF AI Analysis

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Invesco S&P 500 Momentum ETF (SPMO)

Rating:75Outperform

Price Target:―

SPMO, the Invesco S&P 500 Momentum ETF, earns a solid overall rating largely because many of its biggest positions—like Alphabet (both GOOGL and GOOG) and Micron—show strong financial performance, positive earnings commentary, and strategic strength in fast-growing areas such as AI and cloud. Additional large holdings like Nvidia, Broadcom, AMD, and Lam Research further support the rating with AI-driven growth, though their high valuations and some mixed technical signals add risk. The fund is heavily tilted toward semiconductor and AI-related technology names, which boosts return potential but also concentrates risk in one cyclical, often volatile sector, and weaker fundamentals at Intel modestly weigh on the overall score.

Positive Factors

Strong Momentum Leaders in Top Holdings

Many of the largest positions, especially in chipmakers and big tech names, have shown strong gains this year, helping drive the fund’s overall performance.

Solid Year-to-Date Performance

The ETF’s returns so far this year have been strong, indicating that its momentum strategy has recently worked well for investors.

Low Expense Ratio

The fund charges a relatively low annual fee, which helps investors keep more of their returns over time.

Negative Factors

Heavy Concentration in a Few Stocks

A small number of companies make up a large share of the portfolio, which increases the impact if any of these holdings stumble.

High Exposure to Technology

Nearly half of the fund is invested in technology stocks, so a downturn in this sector could significantly hurt performance.

Limited Geographic Diversification

The ETF is almost entirely invested in U.S. companies, offering little protection if the U.S. market faces a broad decline.

SPMO vs. SPDR S&P 500 ETF (SPY)

AUM21.74B

RegionNorth America

Expense Ratio0.13%

Beta1.29

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. Volume2,195,254

30 Day Avg. Volume2,281,584

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

187.81

Price Target Upside― Downside

Rating ConsensusStrong Buy

Number of Analyst Covering100

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

SPMO Summary

SPMO is the Invesco S&P 500 Momentum ETF, which follows the S&P 500 Momentum Index. It focuses on large U.S. companies whose stock prices have been rising strongly, especially in technology. Well-known holdings include Nvidia, Alphabet (Google), Johnson & Johnson, and Exxon Mobil. Investors might consider SPMO if they want growth potential from leading U.S. companies that are currently performing well, while still getting broad diversification across many sectors. A key risk is that momentum stocks can fall quickly if trends reverse, and the fund can go up and down sharply with the overall stock 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 U.S. tech wave, with Micron, AMD, Lam Research, and Intel doing much of the heavy lifting as chip demand tied to AI keeps these names rising. Nvidia and Broadcom, while still core pillars, have seen more mixed action lately, occasionally losing a bit of steam and tempering the fund’s momentum. Alphabet’s twin share classes add another tech-heavy layer, while Johnson & Johnson and Caterpillar provide a steadier industrial and healthcare backbone. Overall, this is a U.S.-centric, semiconductor-tilted story with Big Tech firmly in the driver’s seat.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
MU	Micron	10.98%	$2.38B	$1.08T	786.25%	79 Outperform
NVDA	Nvidia	8.39%	$1.82B	$5.13T	20.16%	76 Outperform
AVGO	Broadcom	6.68%	$1.45B	$1.89T	35.94%	76 Outperform
JNJ	Johnson & Johnson	4.45%	$964.64M	$615.36B	52.91%	78 Outperform
AMD	Advanced Micro Devices	4.35%	$942.69M	$900.63B	232.90%	73 Outperform
GOOGL	Alphabet Class A	4.03%	$874.28M	$4.16T	65.32%	85 Outperform
LRCX	Lam Research	3.57%	$773.65M	$399.29B	227.04%	77 Outperform
GOOG	Alphabet Class C	3.24%	$701.89M	$4.16T	64.77%	82 Outperform
XOM	Exxon Mobil	3.01%	$653.34M	$640.11B	41.61%	74 Outperform
CAT	Caterpillar	2.67%	$578.84M	$409.65B	108.26%	76 Outperform

SPMO Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

150.55

Negative

100DMA

137.02

Positive

200DMA

127.99

Positive

Market Momentum

MACD

-0.98

Positive

RSI

45.05

Neutral

STOCH

62.33

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPMO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 151.13, equal to the 50-day MA of 150.55, and equal to the 200-day MA of 127.99, indicating a neutral trend. The MACD of -0.98 indicates Positive momentum. The RSI at 45.05 is Neutral, neither overbought nor oversold. The STOCH value of 62.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPMO.

SPMO Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
SPMO	―	―	$21.74B	0.13%	75 Outperform
VOO	―	―	$993.58B	0.03%	74 Outperform
IVV	―	―	$878.89B	0.03%	74 Outperform
SPY	―	―	$788.74B	0.09%	74 Outperform
QQQ	―	―	$464.21B	0.18%	73 Outperform
SPYM	―	―	$161.05B	0.02%	74 Outperform

Performance Comparison

SPMO

Invesco S&P 500 Momentum ETF

146.51

32.16

28.12%

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.

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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