Is SPMO a good investment?

Invesco S&P 500 Momentum ETF (SPMO) is a momentum-factor ETF. As of September 11, 2026, ETF Copilot scores SPMO 7.3 out of 10 — highest on Quality (9.5), lowest on Valuation (3.1). It trades at 28.6 times earnings, against its own median of 26.4. Its ten largest holdings are 52% of the fund.

Updated September 11, 2026

How is SPMO rated? ETF Copilot scores Invesco S&P 500 Momentum ETF (SPMO) 7.3 out of 10

As of September 11, 2026, ETF Copilot scores Invesco S&P 500 Momentum ETF (SPMO) 7.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 7.3 / 10
Growth: 8.2 / 10
Valuation: 3.1 / 10
Risk: 4.7 / 10
Quality: 9.5 / 10
Return: 9.3 / 10

SPMO is ranked #9 of 10 in ETF Copilot's Growth list.

What is SPMO's expense ratio? 0.13% a year

As of September 11, 2026, SPMO charges 0.13% a year, yields 0.95% and holds $22.8B in assets across 99 positions.

Invesco S&P 500 Momentum ETF (SPMO) — cost, income and size
Measure	SPMO
Expense ratio	0.13%
Dividend yield	0.95%
Assets under management	$22.8B
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.

Why did SPMO move this week? It rose 0.6% in the week to September 11, 2026 — Advanced Micro Devices and Intel drove it

SPMO rose 0.6% in the week to September 11, 2026. The holdings that moved it most were Advanced Micro Devices (+13.1%), Intel (+12.3%) and Micron Technology (+1.8%); Nvidia (−4.4%) pushed the other way.

Is SPMO expensive right now? It trades at 28.6 times earnings, against its own median of 26.4

As of September 11, 2026, SPMO is more expensive than 68% of its own 114 monthly readings since 2017 — 77 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside SPMO? 61% Tech

What's inside SPMO: Size (Large 95%, Mid 5%, Small 0%); Geography (International 3%, US 97%); Tech 61.0%; Magnificent 7 16.6%; AI 25.0%; Semiconductors 40.8%; Memory 35.6%.

What are SPMO's top holdings? The ten largest are 52% of the fund

Micron Technology, Nvidia, Broadcom, Johnson & Johnson, Alphabet, Advanced Micro Devices, Lam Research, Exxonmobil and Intel are SPMO's largest holdings, in that order.

More concentrated than 97% of Single Factor - Momentum & Other ETFs.

Half of SPMO's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 25 equally weighted holdings.

Cite this

ETF Copilot, “Invesco S&P 500 Momentum ETF (SPMO) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/spmo