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

ETFIQetfiq.com · independent ETF data

SPMO vs VPU: how they differ

SPMO and VPU hold 1% of their weight in the same names, and SPMO returned more over the year.

Invesco S&P 500 Momentum ETF and Vanguard Utilities Index Fund.

What they hold in common

By the books each fund has filed, SPMO and VPU hold 1% of their money in the same securities at the same weight.

Positions SPMO and VPU both hold, largest shared weight first
HoldingSPMOVPU
American Electric Power Co., Inc.0.30%4.47%
Entergy Corp.0.18%3.22%
CenterPoint Energy, Inc.0.13%1.82%
WEC Energy Group Inc.0.13%2.39%
Atmos Energy Corp.0.11%1.81%
NRG Energy, Inc.0.10%1.79%
FirstEnergy Corp.0.10%1.68%
Evergy, Inc.0.09%1.25%
NiSource Inc.0.08%1.46%
Largest positions each one holds and the other does not
Only in SPMOOnly in VPU
Micron Technology, Inc. 10.72%NextEra Energy Inc 11.84%
NVIDIA Corp. 8.46%Southern Co/The 6.70%
Broadcom Inc. 7.58%Duke Energy Corp 6.31%
Alphabet Inc. 4.81%Constellation Energy Corp 5.86%
Advanced Micro Devices, Inc. 4.14%Sempra 3.85%
Johnson & Johnson 3.85%Dominion Energy Inc 3.78%
Alphabet Inc. 3.81%Vistra Corp 3.59%
Lam Research Corp. 3.54%Xcel Energy Inc 3.11%

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 May 31, 2026.

SPMO and VPU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SPMO
Invesco S&P 500 Momentum ETF
VPU
Vanguard Utilities Index Fund
Where it sitsCore index fundCore index fund
IssuerInvescoVanguard
What it isS&P 500 MomentumUtilities
Total return, 1 year+24.5%+2.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+7.0 pts−15.4 pts
Expense ratio0.13%0.09%
Already in the S&P 500100.0%90.1%
Holdings9966

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.

VPU in plain words

VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, SPMO or VPU?
In the year to Sep 12, 2026, with distributions reinvested, SPMO returned +24.5% and VPU returned +2.1%, so SPMO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPMO or VPU?
SPMO charges 0.13% a year and VPU charges 0.09%, so VPU is cheaper. Fees come from each fund's prospectus.
How much do SPMO and VPU overlap with the S&P 500?
By their latest filed holdings, 100% of SPMO and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.

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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.

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

A comparison is not a recommendation. Standards and sources