Invesco S&P 500 Momentum ETF vs State Street SPDR S&P Homebuilders ETF — how do they compare? Invesco S&P 500 Momentum ETF trades at $151, while State Street SPDR S&P Homebuilders ETF trades at $110.5. The key difference: Invesco S&P 500 Momentum ETF is trading nearer its 52-week high, State Street SPDR S&P Homebuilders ETF nearer its low. Which is the better fit depends on your goals.
| SPMO | XHB | |
|---|---|---|
Sector | Broad Market / Factor | Broad Market / Factor |
52-Week High | $161.66 | $121.36 |
52-Week Low | $107.84 | $94.86 |
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 →XHB invests in the U.S. homebuilding industry and related sectors. It provides equal-weighted exposure to homebuilders, building products, and home improvement retailers like Home Depot, Lowe's, and Builders FirstSource.
Read more on XHB →