Invesco S&P 500 Momentum ETF vs Target Corporation — how do they compare? Invesco S&P 500 Momentum ETF trades at $150, while Target Corporation trades at $153 (market cap $69.17B). The key difference: Target Corporation pays a 3.05% dividend while Invesco S&P 500 Momentum ETF pays none, and Target Corporation 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 | TGT | |
|---|---|---|
Sector | Broad Market / Factor | Consumer Cyclical |
52-Week High | $161.66 | $152.35 |
52-Week Low | $107.84 | $83.68 |
Market Cap | — | $69.17B |
Enterprise Value | — | $84.47B |
Dividend Yield | — | 3.05% |
Trailing returns across standard periods
Latest headlines on both assets
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 →With 1,926 stores (as of the end of fiscal 2021), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (26% of fiscal 2021 sales), food and beverage (19%), home furnishings and décor (19%), hardlines (18%), and apparel and accessories (17%). Most of Target's stores are large, averaging more than 125,000 square feet. The company has a significant e-commerce presence, deriving around 19% of sales from the channel (up from about 9% in fiscal 2019, before the pandemic). In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target's revenue is generated from the United States.
Read more on TGT →