Invesco S&P 500 Momentum ETF (SPMO)
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Learn moreETF Summary
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of approximately 100 stocks in the S&P 500® Index that have the highest "momentum score." In general, momentum is the tendency of an investment to exhibit persistence in its relative performance; a "momentum style" of investing emphasizes investing in securities that have had better recent performance compared to other securities. It is non-diversified.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
| YTD Return | 20.05% |
| 5y Average Return | 18.37% |
|---|---|
| Rank in Category (ytd) | -- |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 1.35 |
| Morningstar Risk Rating | -- |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
SPMO | Category Average | SPMO | Category Average | SPMO | Category Average |
|
Alpha
|
8.65 | -1.58 | 7.96 | -1.39 | 5.68 | -1.07 |
|
BETA
|
1.35 | 0.98 | 1.07 | 0.96 | 0.95 | 0.98 |
|
Mean Annual Return
|
2.97 | 1.55 | 1.81 | 0.99 | 1.67 | 1.18 |
|
R-squared
|
70.28 | 90.91 | 68.93 | 92.82 | 71.37 | 94.36 |
|
Standard Deviation
|
20.69 | -- | 20.48 | -- | 17.81 | -- |
|
Sharpe Ratio
|
1.5 | 1.03 | 0.87 | 0.53 | 0.99 | 0.76 |
|
Treynor Ratio
|
25.62 | 14.75 | 16.49 | 7.79 | 18.59 | 11.58 |
