
The Invesco S&P 500 Momentum ETF (SPMO) has delivered 537% gains over the past decade, significantly outperforming the S&P 500's 306% return. It achieves this by holding the top 100 highest-scoring momentum stocks within the S&P 500, rebalancing twice a year to stay invested in winners. This strategy has allowed SPMO to maintain strong performance even during market downturns, especially amid the recent AI rally. While it carries a slightly higher expense ratio of 0.13%, it remains a compelling option for investors confident in continued market momentum, though it may face risks in a sharp market sell-off or recession.