Garmin Ltd. vs Invesco S&P 500 Momentum ETF — how do they compare? Garmin Ltd. trades at $248.03 (market cap $46.62B), while Invesco S&P 500 Momentum ETF trades at $146.52. The key difference: Garmin Ltd. pays a 1.74% dividend while Invesco S&P 500 Momentum ETF pays none. Which is the better fit depends on your goals.
| GRMN | SPMO | |
|---|---|---|
Market Cap | $46.62B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $267.52 | $161.66 |
52-Week Low | $187.10 | $107.84 |
Enterprise Value | $44.09B | — |
Dividend Yield | 1.74% | — |
Trailing returns across standard periods
Latest headlines on both assets
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →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 →