Invesco S&P 500 Momentum ETF vs Toronto-Dominion Bank — how do they compare? Invesco S&P 500 Momentum ETF trades at $149.97, while Toronto-Dominion Bank trades at $120.5 (market cap $197.03B). The key difference: Toronto-Dominion Bank pays a 2.62% dividend while Invesco S&P 500 Momentum ETF pays none, and Toronto-Dominion Bank is trading nearer its 52-week high, Invesco S&P 500 Momentum ETF nearer its low. Which is the better fit depends on your goals.
| SPMO | TD | |
|---|---|---|
Sector | Broad Market / Factor | Financials |
52-Week High | $161.66 | $124.80 |
52-Week Low | $107.84 | $72.55 |
Market Cap | — | $197.03B |
Dividend Yield | — | 2.62% |
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 →Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
Read more on TD →