Monster Beverage Corp vs Invesco S&P 500 Momentum ETF — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Invesco S&P 500 Momentum ETF trades at $150. Which is the better fit depends on your goals.
| MNST | SPMO | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | Broad Market / Factor |
52-Week High | $99.94 | $161.66 |
52-Week Low | $58.75 | $107.84 |
Enterprise Value | $91.65B | — |
Trailing returns across standard periods
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →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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