Broadcom Inc vs Invesco S&P 500 Momentum ETF — how do they compare? Broadcom Inc trades at $420.23 (market cap $1.98T), while Invesco S&P 500 Momentum ETF trades at $149.97. The key difference: Broadcom Inc pays a 0.62% dividend while Invesco S&P 500 Momentum ETF pays none, and Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, Broadcom Inc nearer its low. Which is the better fit depends on your goals.
| AVGO | SPMO | |
|---|---|---|
Market Cap | $1.98T | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $481.57 | $161.66 |
52-Week Low | $289.60 | $107.84 |
Enterprise Value | $2.02T | — |
Dividend Yield | 0.62% | — |
Trailing returns across standard periods
Latest headlines on both assets
Broadcom--the combined entity of Broadcom and Avago--boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, Symantec's enterprise security business, and has a pending deal to acquire VMware to bolster its offerings in software.
Read more on AVGO →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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