Lamb Weston Holdings Inc vs Invesco S&P 500 Momentum ETF — how do they compare? Lamb Weston Holdings Inc trades at $52.79 (market cap $7.23B), while Invesco S&P 500 Momentum ETF trades at $149.99. The key difference: Lamb Weston Holdings Inc pays a 2.89% dividend while Invesco S&P 500 Momentum ETF pays none, and Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, Lamb Weston Holdings Inc nearer its low. Which is the better fit depends on your goals.
| LW | SPMO | |
|---|---|---|
Market Cap | $7.23B | — |
Sector | Consumer Staples | Broad Market / Factor |
52-Week High | $66.57 | $161.66 |
52-Week Low | $38.48 | $107.84 |
Enterprise Value | $11.10B | — |
Dividend Yield | 2.89% | — |
Trailing returns across standard periods
Lamb Weston is the world's second-largest producer of branded and private-label frozen potato products, such as French fries, sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. The company also has a small appetizer business that produces onion rings, mozzarella sticks, and cheese curds. Including joint ventures, 63% of fiscal 2022 revenue was U.S.-based, with the remainder stemming from Europe, Canada, Japan, China, Korea, Mexico, and several other countries. Lamb Weston's customer mix is estimated 58% quick-serve restaurants, 19% full-service restaurants, 8% other food services (hotels, commercial cafeterias, arenas, schools), and 16% retail. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
Read more on LW →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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