ING Groep NV vs Invesco S&P 500 Momentum ETF — how do they compare? ING Groep NV trades at $32.22 (market cap $92.65B), while Invesco S&P 500 Momentum ETF trades at $150.28. The key difference: ING Groep NV pays a 3.93% dividend while Invesco S&P 500 Momentum ETF pays none, and ING Groep NV 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.
| ING | SPMO | |
|---|---|---|
Market Cap | $92.65B | — |
Sector | Financials | Broad Market / Factor |
52-Week High | $33.31 | $161.66 |
52-Week Low | $22.71 | $107.84 |
Dividend Yield | 3.93% | — |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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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