Allegion PLC vs Invesco S&P 500 Momentum ETF — how do they compare? Allegion PLC trades at $168.66 (market cap $14.32B), while Invesco S&P 500 Momentum ETF trades at $150.1. The key difference: Allegion PLC pays a 1.26% dividend while Invesco S&P 500 Momentum ETF pays none. Which is the better fit depends on your goals.
| ALLE | SPMO | |
|---|---|---|
Market Cap | $14.32B | — |
Sector | Industrials | Broad Market / Factor |
52-Week High | $179.77 | $161.66 |
52-Week Low | $125.65 | $107.84 |
Enterprise Value | $16.03B | — |
Dividend Yield | 1.26% | — |
Trailing returns across standard periods
Allegion is a global security products company with a portfolio of leading brands, such as Schlage, von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2021, Allegion generated 68% of sales in the United States. The company mainly competes with Swedish-based Assa Abloy AB and Switzerland-based Dormakaba.
Read more on ALLE →SPMO is designed to track the investment results of the S&P 500 Momentum Index. This index measures the performance of stocks in the S&P 500 that exhibit the highest momentum, or the greatest price appreciation, over the trailing 12 months, while excluding the most recent month. By investing in these high-momentum stocks, SPMO seeks to capitalize on the historical trend that stocks with strong recent performance tend to continue that performance in the near term, offering a systematic approach to factor investing within the large-cap U.S. equity market.
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