SPMO — Invesco S&P 500 Momentum ETF

Invesco S&P 500 Momentum ETF: what it is, what it costs, and what it actually returned — dividends reinvested.

SPMO in plain words

SPMO is the Invesco S&P 500 Momentum ETF from Invesco. It tracks the S&P 500 Momentum Index and costs 0.13% a year, quietly deducted from returns. Yes — SPMO is a distributing fund: the dividends its holdings pay are passed on to you as cash.

$10,000 invested at the start of 2016 was worth $51,975 by the end of 2025 — an average of 17.9% per year over 10 full years, dividends reinvested. Its best full year so far was 2024 (+45.82%), its worst 2022 (-10.45%) — the range you sign up for.

SPMO fund facts

FundInvesco S&P 500 Momentum ETF
ProviderInvesco
TracksS&P 500 Momentum Index
Yearly cost (TER)0.13%
DividendsDistributing — paid out as cash
Launched9 Oct 2015

Curious what the index actually holds? Read our S&P 500 Momentum Index profile.

SPMO returns by year (USD)

Last 5 years
+18.94%
average per year (CAGR)
Last 10 years
+17.92%
average per year (CAGR)
YearTotal return
2026 (so far)+35.98%
2025+26.58%
2024+45.82%
2023+17.56%
2022-10.45%
2021+22.51%
2020+27.80%
2019+25.93%
2018-0.92%
2017+27.76%
2016+7.18%
2015+2.78%

Calendar-year total returns of SPMO in USD, dividends reinvested — the ETF tracking this index, not the raw index level.

Frequently asked

Is SPMO a good investment?

SPMO is a broad, low-effort way to own the S&P 500 Momentum Index at 0.13% a year. $10,000 invested at the start of 2016 was worth $51,975 by the end of 2025 — an average of 17.9% per year over 10 full years, dividends reinvested. Whether it fits depends on your goals and horizon — past returns don't promise future ones, but this is the actual track record.

What is SPMO's TER?

SPMO's total expense ratio (TER) is 0.13% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.

Does SPMO pay dividends?

Yes — SPMO is a distributing fund: the dividends its holdings pay are passed on to you as cash.

What would $10,000 invested in SPMO be worth?

$10,000 invested at the start of 2016 was worth $51,975 by the end of 2025 — an average of 17.9% per year over 10 full years, dividends reinvested.

Curious about other amounts or start years? Try the SPMO what-if calculator.