Compare Invesco S&P 500 Momentum ETF (SPMO) vs ProShares UltraPro QQQ ETF (TQQQ) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Invesco S&P 500 Momentum ETF vs ProShares UltraPro QQQ ETF — how do they compare? Invesco S&P 500 Momentum ETF trades at $151.16 (market cap $23.48B), while ProShares UltraPro QQQ ETF trades at $81.28 (market cap $38.74B). The key difference: ProShares UltraPro QQQ ETF is the larger of the two by market cap, and ProShares UltraPro QQQ ETF is more actively traded (65,384,797 versus 1,876,152). Which is the better fit depends on your goals — on Pluang, investors hold Invesco S&P 500 Momentum ETF for 54 Days and ProShares UltraPro QQQ ETF for 24 Days on average.
| SPMO | TQQQ | |
|---|---|---|
Market Cap | $23.48B | $38.74B |
Volume | 1,876,152 | 65,384,797 |
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $161.66 | $87.22 |
52-Week Low | $107.84 | $37.89 |
Typical Hold Time | 54 Days | 24 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
SPMO trades at $150.84, down 1.41% today, with a neutral technical signal despite bullish moving averages. The ETF recently completed its semi-annual reconstitution with 54 substitutions, maintaining its momentum strategy focused on the S&P 500's fastest-rising stocks. Recent institutional buying from Envestnet Asset Management and positive media coverage highlight continued investor interest in the momentum strategy.
The outlook remains constructive given SPMO's historical outperformance versus the S&P 500, though concentration in high-momentum sectors increases volatility risk. Key catalysts include continued AI investment trends and market momentum, while risks involve sector rotation away from current leadership names and broader market corrections.
TQQQ is trading at $80.22, down 4.04% over the past 24 hours amid mixed technical signals. The ETF maintains a bullish overall technical rating with strong moving average support but faces neutral oscillators and selling pressure in short-term indicators. Recent news highlights significant hidden costs beyond the stated 0.82% expense ratio, including financing charges that impact long-term returns.
The leveraged structure amplifies both gains and losses, creating substantial volatility risk. While technical indicators suggest medium-term bullish potential, the high costs and volatility decay present significant headwinds for long-term investors. Current market sentiment remains cautious despite recent institutional positioning changes.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Invesco S&P 500 Momentum ETF
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 →About ProShares UltraPro QQQ ETF
TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →
