Invesco S&P 500 Momentum ETF vs Wheaton Precious Metals Corp — how do they compare? Invesco S&P 500 Momentum ETF trades at $151.93 (market cap $23.47B), while Wheaton Precious Metals Corp trades at $138.27 (market cap $60.84B). The key difference: Wheaton Precious Metals Corp is far larger — about 2.6× Invesco S&P 500 Momentum ETF's market cap, and Wheaton Precious Metals Corp pays a 0.58% dividend while Invesco S&P 500 Momentum ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold Invesco S&P 500 Momentum ETF for 54 Days and Wheaton Precious Metals Corp for 66 Days on average.
| SPMO | WPM | |
|---|---|---|
Market Cap | $23.47B | $60.84B |
Volume | 2,035,258 | 1,408,370 |
Sector | Broad Market / Factor | Basic Materials |
52-Week High | $161.66 | $165.72 |
52-Week Low | $107.84 | $94.37 |
Typical Hold Time | 54 Days | 66 Days |
Enterprise Value | — | $62.71B |
Dividend Yield | — | 0.58% |
Signals from Pluang's Aura AI — not financial advice
SPMO trades at $153.00 with minimal daily movement (+0.01%). The ETF maintains a bullish technical stance with strong moving average signals, though oscillators show neutral momentum. Recent portfolio rebalancing added 54 stocks including Apple and Merck, while removing Nvidia. Institutional interest grew with Envestnet Asset Management increasing its stake by 9.5% in Q2 2026.
SPMO offers concentrated exposure to S&P 500 momentum leaders with historical outperformance. Key risks include sector concentration in technology and semiconductors, plus higher volatility than the broader market. The fund's momentum strategy faces challenges during market rotations but maintains structural advantages for long-term growth investors.
Wheaton Precious Metals (WPM) trades at $134.96, down 1.95% on the day, amid a bearish technical signal. The company reported record revenues of $2.31B in 2025, with net income surging to $1.47B, and has beaten EPS estimates for three consecutive quarters. Recent news highlights a growth strategy targeting 1.2 million ounces of production by 2030 through an expanded deal pipeline, supported by a fully funded capital plan.
The outlook remains positive with strong analyst support—80% recommend Buy and a consensus price target of $164.80 implies 22% upside. Key risks include execution of growth targets and sensitivity to gold/silver prices. The stock's current valuation multiples are elevated, but robust cash flow and margin expansion underpin the bullish case for long-term investors.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →