S&P 500 Momentum Index
What the S&P 500 Momentum Index is, where it lives officially, and how its ride has looked over the years.
What does the S&P 500 Momentum Index track?
The 100 stocks from the S&P 500 with the strongest 12-month risk-adjusted price momentum, rebalanced twice a year — S&P's own take on the momentum factor, and the recipe behind SPMO.
Compared to the MSCI momentum index behind MTUM it is more concentrated and less constrained — a purer, punchier bet that whatever has been winning keeps winning a little longer.
Maintained by
S&P Dow Jones Indices
SPMO since 2015
The chart shows the dividend-adjusted share price of SPMO, the ETF tracking this index — not the raw index level. The shape of the ride is the same.
SPMO returns by year (USD)
Last 5 years
+18.94%
average per year (CAGR)
Last 10 years
+17.92%
average per year (CAGR)
| Year | Total 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.