Compare Invesco S&P 500 Momentum ETF (SPMO) vs Direxion Daily S&P 500 Bull 3X Shares (SPXL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Invesco S&P 500 Momentum ETF vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Invesco S&P 500 Momentum ETF trades at $150, while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. Which is the better fit depends on your goals.
| SPMO | SPXL | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $161.66 | $288.04 |
52-Week Low | $107.84 | $170.20 |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Invesco S&P 500 Momentum ETF
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 →About Direxion Daily S&P 500 Bull 3X Shares
SPXL aims for 300% of the S&P 500's daily performance. It uses swaps and futures to provide 3x leverage, making it a high-risk tool for short-term traders. Due to daily resets, it is prone to volatility decay and is not intended for long-term holding.
Read more on SPXL →
