Invesco S&P 500 Momentum ETF vs Tapestry, Inc. — how do they compare? Invesco S&P 500 Momentum ETF trades at $150, while Tapestry, Inc. trades at $140.62 (market cap $28.51B). The key difference: Tapestry, Inc. pays a 1.13% dividend while Invesco S&P 500 Momentum ETF pays none. Which is the better fit depends on your goals.
| SPMO | TPR | |
|---|---|---|
Sector | Broad Market / Factor | Consumer Cyclical |
52-Week High | $161.66 | $160.49 |
52-Week Low | $107.84 | $95.69 |
Market Cap | — | $28.51B |
Enterprise Value | — | $31.37B |
Dividend Yield | — | 1.13% |
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 →Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (67% of fiscal 2022 sales), Europe, Asia (28% of fiscal 2022 sales), and elsewhere. Coach (74% of fiscal 2022 sales) is best known for affordable luxury leather products. Kate Spade (22% of fiscal 2022 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2022. Stuart Weitzman, Tapestry's smallest brand, generates nearly all its revenue from women's footwear.
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