Modine Manufacturing Company vs Invesco S&P 500 Momentum ETF — how do they compare? Modine Manufacturing Company trades at $248 (market cap $12.18B), while Invesco S&P 500 Momentum ETF trades at $150.28. Which is the better fit depends on your goals.
| MOD | SPMO | |
|---|---|---|
Market Cap | $12.18B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $306.89 | $161.66 |
52-Week Low | $93.71 | $107.84 |
Enterprise Value | $12.54B | — |
Trailing returns across standard periods
Modine Manufacturing Company is a global leader in thermal management technology and solutions. The company engineers, manufactures, and markets heat transfer products for a wide range of applications across the automotive, commercial, industrial, and HVAC (heating, ventilation, and air conditioning) markets. Modine's products include engine cooling systems, heat exchangers, and ventilation systems, providing critical thermal solutions for vehicles, data centers, and various equipment worldwide.
Read more on MOD →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 →