Freeport-McMoRan Inc vs Invesco S&P 500 Momentum ETF — how do they compare? Freeport-McMoRan Inc trades at $69.45 (market cap $96.42B), while Invesco S&P 500 Momentum ETF trades at $150. The key difference: Freeport-McMoRan Inc pays a 0.87% dividend while Invesco S&P 500 Momentum ETF pays none, and Freeport-McMoRan Inc is trading nearer its 52-week high, Invesco S&P 500 Momentum ETF nearer its low. Which is the better fit depends on your goals.
| FCX | SPMO | |
|---|---|---|
Market Cap | $96.42B | — |
Sector | Basic Materials | Broad Market / Factor |
52-Week High | $71.73 | $161.66 |
52-Week Low | $35.34 | $107.84 |
Enterprise Value | $102.70B | — |
Dividend Yield | 0.87% | — |
Trailing returns across standard periods
Latest headlines on both assets
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →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 →