Invesco S&P 500 Momentum ETF vs United Microelectronics Corp — how do they compare? Invesco S&P 500 Momentum ETF trades at $150, while United Microelectronics Corp trades at $21.14 (market cap $51.00B). The key difference: United Microelectronics Corp pays a 2.03% dividend while Invesco S&P 500 Momentum ETF pays none, and Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, United Microelectronics Corp nearer its low. Which is the better fit depends on your goals.
| SPMO | UMC | |
|---|---|---|
Sector | Broad Market / Factor | Technology |
52-Week High | $161.66 | $28.02 |
52-Week Low | $107.84 | $6.58 |
Market Cap | — | $51.00B |
Enterprise Value | — | $48.57B |
Dividend Yield | — | 2.03% |
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 →Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2021, according to Gartner, after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
Read more on UMC →