Which returned more over the last year, DBMF or SPMO?

In the year to Sep 12, 2026, with distributions reinvested, DBMF returned +25.4% and SPMO returned +24.5%, so DBMF returned more. One year is one year; the longer windows are in the table.

Which is cheaper, DBMF or SPMO?

DBMF charges 0.85% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

DBMF vs SPMO: how they differ

DBMF and SPMO are both equity index funds, and over the year DBMF returned more, +25.4% against +24.5%.

iMGP DBi Managed Futures Strategy ETF and Invesco S&P 500 Momentum ETF.

DBMF and SPMO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	DBMF iMGP DBi Managed Futures Strategy ETF	SPMO Invesco S&P 500 Momentum ETF
Where it sits	Core index fund	Core index fund
Issuer	iMGP	Invesco
What it is	iMGP DBi Managed Futures Strategy	S&P 500 Momentum
Total return, 1 year	+25.4%	+24.5%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+7.9 pts	+7.0 pts
Expense ratio	0.85%	0.13%
Holdings	not filed	99

DBMF in plain words

DBMF is an index equity fund tracking the iMGP DBi Managed Futures Strategy. Over the year to Sep 11, 2026 it returned +25.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year.

SPMO in plain words

SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 52.6%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, DBMF or SPMO?: In the year to Sep 12, 2026, with distributions reinvested, DBMF returned +25.4% and SPMO returned +24.5%, so DBMF returned more. One year is one year; the longer windows are in the table.
Which is cheaper, DBMF or SPMO?: DBMF charges 0.85% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DBMF against SPMO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DBMF against SPMO, data as of Sep 12, 2026. https://etfiq.com/compare/any/DBMF-SPMO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources