Roundhill Magnificent Seven ETF vs Invesco S&P 500 Momentum ETF — how do they compare? Roundhill Magnificent Seven ETF trades at $68.53, while Invesco S&P 500 Momentum ETF trades at $150. Which is the better fit depends on your goals.
| MAGS | SPMO | |
|---|---|---|
Sector | Sector/Thematic | Broad Market / Factor |
52-Week High | $70.94 | $161.66 |
52-Week Low | $55.39 | $107.84 |
Trailing returns across standard periods
MAGS is an ETF that provides concentrated exposure to the seven technology-focused mega-cap companies often referred to as the 'Magnificent Seven' (Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla). The fund is designed to capture the performance of these market-leading stocks, which have been the primary drivers of market returns. It offers a simple way for investors to invest solely in this select group of high-growth technology companies.
Read more on MAGS →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 →