United States Brent Oil Fund LP vs Invesco S&P 500 Momentum ETF — how do they compare? United States Brent Oil Fund LP trades at $47.31, while Invesco S&P 500 Momentum ETF trades at $153.8. The key difference: Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, United States Brent Oil Fund LP nearer its low. Which is the better fit depends on your goals.
| BNO | SPMO | |
|---|---|---|
Sector | Commodities - Energy | Broad Market / Factor |
52-Week High | $60.13 | $161.66 |
52-Week Low | $27.20 | $107.84 |
Trailing returns across standard periods
BNO is a commodity ETF that tracks the daily price of Brent crude oil futures. It provides exposure to the international oil benchmark, which often trades at a premium to the U.S. WTI benchmark, and is primarily used for short-term trading due to roll costs.
Read more on BNO →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.
Read more on SPMO →