Invesco S&P 500 Momentum ETF (SPMO) is a momentum-factor ETF. As of October 28, 2026, ETF Copilot scores SPMO 7.7 out of 10 — highest on Return (9.4), lowest on Risk (3.6). It trades at 23.7 times earnings, against its own median of 28.3. Its ten largest holdings are 51% of the fund.
What stands out in SPMO's data
High-momentum U.S. stocks, selected from the S&P 500.
Delivered far more growth than the typical momentum fund over the last three years — that speed comes with bigger swings.
A 3-year annualized return of 39% puts it ahead of most peers, whose median sits at 23%. Its return on invested capital of 27.4% also tops the category norm of 20.4%.
A momentum tilt for a portfolio that can handle sharper swings in pursuit of faster growth.
Why did SPMO move this week? It rose 1.2% in the week to October 28, 2026 — Micron Technology and Advanced Micro Devices drove it
SPMO rose 1.2% in the week to October 28, 2026. The holdings that moved it most were Micron Technology (+7.6%), Advanced Micro Devices (+4.7%) and Palo Alto Networks (+13.6%); Alphabet (−2.9%) pushed the other way.
How is SPMO rated? ETF Copilot scores Invesco S&P 500 Momentum ETF (SPMO) 7.7 out of 10
As of October 28, 2026, ETF Copilot scores Invesco S&P 500 Momentum ETF (SPMO) 7.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.7 / 10
- Growth: 9.3 / 10
- Value: 6.1 / 10
- Risk: 3.6 / 10
- Quality: 8.3 / 10
- Return: 9.4 / 10
Is SPMO expensive right now? It trades at 23.7 times earnings, against its own median of 28.3
As of October 28, 2026, SPMO is cheaper than 66% of its own last 9 years.
Trailing 12 months, built from SPMO's holdings. How we calculate this →
What's inside SPMO? 58% Tech
What's inside SPMO: Size (Large 98%, Mid 2%, Small 0%); Geography (International 3%, US 97%); Tech 57.9%; Magnificent 7 18.6%; AI 12.3%; Semiconductors 27.3%; Memory 21.3%.
What are SPMO's top holdings? The ten largest are 51% of the fund
Apple, Micron Technology, Advanced Micro Devices, Johnson & Johnson, Alphabet, Intel, Exxonmobil, Cisco Systems and Lam Research are SPMO's largest holdings, in that order.
More concentrated than 86% of Momentum ETFs.
Half of SPMO's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 27 equally weighted holdings.
What is SPMO's expense ratio? 0.13% a year
As of October 28, 2026, SPMO charges 0.13% a year, yields 0.75% and holds $22.3B in assets across 99 positions.
| Measure | SPMO |
|---|---|
| Expense ratio | 0.13% |
| Dividend yield | 0.75% |
| Assets under management | $22.3B |
| Holdings | 99 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco S&P 500 Momentum ETF (SPMO) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/spmo
ETF Copilot Pro unlocks SPMO's price and what each holding weighs.
Try Pro free →