Quick Read – Invesco S&P 500 Momentum ETF (SPMO) has returned 457% over ten years versus the SPDR S&P 500 ETF Trust (SPY) at 262%, driven by its mechanical rule of holding the top 100 S&P 500 stocks by 12-month momentum and rebalancing twice yearly at a 0.13% fee.
Top holdings include Broadcom, NVIDIA, Meta, JPMorgan Chase, and Palantir. – SPMO’s momentum-based rotation dumps weakening names before they become disasters, allowing it to maintain comparable or lower downside risk than the broad S&P 500 despite 52% portfolio concentration in its top ten positions
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Invesco S&P 500 Momentum ETF wasn’t one of them. Get them here FREE. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Invesco S&P 500 Momentum ETF wasn’t one of them. Get them here FREE.
Before you sue me, I’d take a look into the Invesco S&P 500 Momentum ETF’s (NYSEARCA:SPMO) history and compare it with the S&P 500. Of course, you cannot judge the future based off of historical performance alone, but this is the only ETF that has managed to outperform the S&P 500 while losing less during downturns time and time again. That makes it worth knowing more about.