Invesco S&P 500 Momentum ETF vs ProShares UltraPro S&P500 — how do they compare? Invesco S&P 500 Momentum ETF trades at $150.08, while ProShares UltraPro S&P500 trades at $141.49. Which is the better fit depends on your goals.
| SPMO | UPRO | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $161.66 | $150.93 |
52-Week Low | $107.84 | $89.29 |
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 →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →