Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPMO vs XLG: how they differ
SPMO and XLG hold 33% of their weight in the same names, and SPMO returned more over the year.
Invesco S&P 500 Momentum ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, SPMO and XLG hold 33% of their money in the same securities at the same weight.
| Holding | SPMO | XLG |
|---|---|---|
| NVIDIA Corp. | 8.46% | 13.10% |
| Broadcom Inc. | 7.58% | 4.85% |
| Alphabet Inc. | 4.81% | 6.05% |
| Alphabet Inc. | 3.81% | 4.82% |
| Exxon Mobil Corp. | 2.78% | 1.74% |
| Advanced Micro Devices, Inc. | 4.14% | 1.56% |
| Johnson & Johnson | 3.85% | 1.50% |
| Caterpillar Inc. | 2.60% | 1.12% |
| Cisco Systems, Inc. | 2.02% | 0.98% |
| Palantir Technologies Inc. | 1.39% | 0.86% |
| Coca-Cola Co. (The) | 1.21% | 0.82% |
| General Electric Co. | 1.63% | 0.82% |
| Only in SPMO | Only in XLG |
|---|---|
| Micron Technology, Inc. 10.72% | Apple Inc. 10.76% |
| Lam Research Corp. 3.54% | Microsoft Corp. 8.18% |
| Intel Corp. 2.95% | Amazon.com, Inc. 6.99% |
| Sandisk Corp. 2.46% | Meta Platforms, Inc. 3.61% |
| Seagate Technology Holdings PLC 1.88% | Tesla, Inc. 2.90% |
| Applied Materials, Inc. 1.77% | Berkshire Hathaway Inc. 2.35% |
| Western Digital Corp. 1.77% | JPMorgan Chase & Co. 2.28% |
| RTX Corp. 1.40% | Eli Lilly and Co. 2.00% |
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 Apr 30, 2026 and May 31, 2026.
| SPMO Invesco S&P 500 Momentum ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | S&P 500 Momentum | S&P 500 top 50 |
| Total return, 1 year | +24.5% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +7.0 pts | −5.3 pts |
| Expense ratio | 0.13% | 0.20% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 99 | 51 |
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.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, SPMO or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, SPMO returned +24.5% and XLG returned +12.2%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPMO or XLG?
- SPMO charges 0.13% a year and XLG charges 0.20%, so SPMO is cheaper. Fees come from each fund's prospectus.
- How much do SPMO and XLG overlap with the S&P 500?
- By their latest filed holdings, 100% of SPMO and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 33% 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.
Cite this page. ETFIQ, SPMO against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPMO-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources