Invesco S&P 500 Momentum ETF vs Warner Music Group Corp — how do they compare? Invesco S&P 500 Momentum ETF trades at $151, while Warner Music Group Corp trades at $25.3 (market cap $13.12B). The key difference: Warner Music Group Corp pays a 3.19% dividend while Invesco S&P 500 Momentum ETF pays none, and Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, Warner Music Group Corp nearer its low. Which is the better fit depends on your goals.
| SPMO | WMG | |
|---|---|---|
Sector | Broad Market / Factor | Media |
52-Week High | $161.66 | $34.72 |
52-Week Low | $107.84 | $23.65 |
Market Cap | — | $13.12B |
Enterprise Value | — | $17.42B |
Dividend Yield | — | 3.19% |
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →