Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPMO vs VOE: how they differ
SPMO and VOE hold 7% of their weight in the same names, and SPMO returned more over the year.
Invesco S&P 500 Momentum ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, SPMO and VOE hold 7% of their money in the same securities at the same weight.
| Holding | SPMO | VOE |
|---|---|---|
| Newmont Corp. | 1.09% | 0.86% |
| Cummins Inc. | 0.51% | 1.71% |
| L3Harris Technologies, Inc. | 0.42% | 0.94% |
| Johnson Controls International PLC | 0.42% | 0.77% |
| General Motors Co. | 0.41% | 1.21% |
| Cardinal Health, Inc. | 0.33% | 0.96% |
| Williams Cos., Inc. (The) | 0.31% | 0.79% |
| TE Connectivity PLC | 0.31% | 1.02% |
| Ford Motor Co. | 0.30% | 0.94% |
| American Electric Power Co., Inc. | 0.30% | 0.65% |
| Cencora, Inc. | 0.28% | 0.91% |
| Rockwell Automation, Inc. | 0.24% | 0.48% |
| Only in SPMO | Only in VOE |
|---|---|
| Micron Technology, Inc. 10.72% | Valero Energy Corp 1.34% |
| NVIDIA Corp. 8.46% | Marathon Petroleum Corp 1.29% |
| Broadcom Inc. 7.58% | CRH PLC 1.24% |
| Alphabet Inc. 4.81% | United Rentals Inc 1.23% |
| Advanced Micro Devices, Inc. 4.14% | SLB Ltd 1.21% |
| Johnson & Johnson 3.85% | Simon Property Group Inc 1.20% |
| Alphabet Inc. 3.81% | Phillips 66 1.18% |
| Lam Research Corp. 3.54% | Warner Bros Discovery Inc 1.10% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| SPMO Invesco S&P 500 Momentum ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | S&P 500 Momentum | Mid-Cap Value |
| Total return, 1 year | +24.5% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +7.0 pts | +2.7 pts |
| Expense ratio | 0.13% | 0.05% |
| Already in the S&P 500 | 100.0% | 96.6% |
| Holdings | 99 | 170 |
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.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, SPMO or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, SPMO returned +24.5% and VOE returned +20.2%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPMO or VOE?
- SPMO charges 0.13% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do SPMO and VOE overlap with the S&P 500?
- By their latest filed holdings, 100% of SPMO and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 7% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, SPMO against VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPMO-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources