NetApp Inc. vs Invesco S&P 500 Momentum ETF — how do they compare? NetApp Inc. trades at $166.94 (market cap $31.57B), while Invesco S&P 500 Momentum ETF trades at $150.28. The key difference: NetApp Inc. pays a 1.29% dividend while Invesco S&P 500 Momentum ETF pays none. Which is the better fit depends on your goals.
| NTAP | SPMO | |
|---|---|---|
Market Cap | $31.57B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $181.08 | $161.66 |
52-Week Low | $94.11 | $107.84 |
Enterprise Value | $30.72B | — |
Dividend Yield | 1.29% | — |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →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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