Invesco S&P 500 Momentum ETF vs Invesco Solar ETF — how do they compare? Invesco S&P 500 Momentum ETF trades at $150, while Invesco Solar ETF trades at $53.77. The key difference: Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, Invesco Solar ETF nearer its low. Which is the better fit depends on your goals.
| SPMO | TAN | |
|---|---|---|
Sector | Broad Market / Factor | Sector/Thematic |
52-Week High | $161.66 | $73.95 |
52-Week Low | $107.84 | $36.07 |
Trailing returns across standard periods
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 →TAN is a thematic ETF that tracks the MAC Global Solar Energy Index. It provides targeted exposure to the global solar industry, including manufacturers of solar panels, installers, and component suppliers like Enphase and First Solar.
Read more on TAN →