Invesco S&P 500 Momentum ETF vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Invesco S&P 500 Momentum ETF trades at $152.08 (market cap $23.47B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $25.77 (market cap $2.06B). The key difference: Invesco S&P 500 Momentum ETF is far larger — about 11.4× Direxion Daily 20 Year Treasury Bull 3X Shares's market cap, and Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, Direxion Daily 20 Year Treasury Bull 3X Shares nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Invesco S&P 500 Momentum ETF for 54 Days and Direxion Daily 20 Year Treasury Bull 3X Shares for 28 Days on average.
| SPMO | TMF | |
|---|---|---|
Market Cap | $23.47B | $2.06B |
Volume | 2,035,258 | 10,528,006 |
Sector | Broad Market / Factor | Fixed Income |
52-Week High | $161.66 | $44.14 |
52-Week Low | $107.84 | $25.19 |
Typical Hold Time | 54 Days | 28 Days |
Signals from Pluang's Aura AI — not financial advice
SPMO trades at $153.00 with minimal daily movement (+0.01%). The ETF maintains a bullish technical stance with strong moving average signals, though oscillators show neutral momentum. Recent portfolio rebalancing added 54 stocks including Apple and Merck, while removing Nvidia. Institutional interest grew with Envestnet Asset Management increasing its stake by 9.5% in Q2 2026.
SPMO offers concentrated exposure to S&P 500 momentum leaders with historical outperformance. Key risks include sector concentration in technology and semiconductors, plus higher volatility than the broader market. The fund's momentum strategy faces challenges during market rotations but maintains structural advantages for long-term growth investors.
TMF (Direxion Daily 20+ Year Treasury Bull 3X ETF) trades at $25.23, down 0.51% with elevated trading volume of 5.2 million shares. Technical indicators show a bearish trend with moving averages signaling strong selling pressure, though oversold RSI readings suggest potential for near-term bounce. The ETF saw increased investor interest amid bond market volatility.
As a leveraged Treasury ETF, TMF offers amplified exposure to long-term bond performance but carries significant volatility risk. Current oversold conditions may present tactical opportunities, though the bearish technical structure and interest rate sensitivity require careful risk management for investors seeking directional bond exposure.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →TMF is a leveraged ETF that seeks to provide 300% (3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It is a tactical instrument used by sophisticated traders to capitalize on declining interest rates or to hedge against equity market volatility. Due to its daily reset mechanism and high expense ratio, TMF is structurally designed for short-term speculation rather than long-term buy-and-hold investing.
Read more on TMF →