Invesco Ltd. vs Invesco S&P 500 Momentum ETF — how do they compare? Invesco Ltd. trades at $31.16 (market cap $13.85B), while Invesco S&P 500 Momentum ETF trades at $150. The key difference: Invesco Ltd. pays a 2.74% dividend while Invesco S&P 500 Momentum ETF pays none, and Invesco Ltd. 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.
| IVZ | SPMO | |
|---|---|---|
Market Cap | $13.85B | — |
Sector | Financials | Broad Market / Factor |
52-Week High | $32.01 | $161.66 |
52-Week Low | $20.67 | $107.84 |
Enterprise Value | $24.01B | — |
Dividend Yield | 2.74% | — |
Trailing returns across standard periods
Latest headlines on both assets
Invesco provides investment-management services to retail (65% of managed assets) and institutional (35%) clients. At the end of August 2022, the firm had $1.416 trillion in assets under management spread among its equity (47% of AUM), balanced (5%), fixed-income (22%), alternative investment (14%), and money market (12%) operations. Passive products account for 32% of Invesco's total AUM, including 56% of the company's equity operations and 13% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).
Read more on IVZ →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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