iShares Core High Dividend ETF vs Invesco S&P 500 Momentum ETF — how do they compare? iShares Core High Dividend ETF trades at $29.08, while Invesco S&P 500 Momentum ETF trades at $150.7. The key difference: iShares Core High Dividend ETF 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.
| HDV | SPMO | |
|---|---|---|
52-Week High | $29.14 | $161.66 |
52-Week Low | $23.64 | $107.84 |
Sector | — | Broad Market / Factor |
Trailing returns across standard periods
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index is comprised of qualified income paying securities that are screened for superior company quality and financial health as determined by Morningstar, Inc.'s proprietary index methodology. The fund is non-diversified.
Read more on HDV →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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