Invesco S&P 500 Momentum ETF vs Western Digital Corp — how do they compare? Invesco S&P 500 Momentum ETF trades at $149.99, while Western Digital Corp trades at $450.14 (market cap $150.95B). The key difference: Western Digital Corp pays a 0.14% dividend while Invesco S&P 500 Momentum ETF pays none, and Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, Western Digital Corp nearer its low. Which is the better fit depends on your goals.
| SPMO | WDC | |
|---|---|---|
Sector | Broad Market / Factor | Technology |
52-Week High | $161.66 | $746.23 |
52-Week Low | $107.84 | $74.66 |
Market Cap | — | $150.95B |
Enterprise Value | — | $150.42B |
Dividend Yield | — | 0.14% |
Trailing returns across standard periods
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 →Western Digital is a vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Read more on WDC →