Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPMO vs XLI: how they differ
SPMO and XLI hold 12% of their weight in the same names, and SPMO returned more over the year.
Invesco S&P 500 Momentum ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPMO and XLI hold 12% of their money in the same securities at the same weight.
| Holding | SPMO | XLI |
|---|---|---|
| Caterpillar Inc. | 2.60% | 8.52% |
| General Electric Co. | 1.63% | 6.77% |
| RTX Corp. | 1.40% | 4.44% |
| GE Vernova Inc. | 1.33% | 5.48% |
| Howmet Aerospace Inc. | 0.55% | 1.87% |
| Cummins Inc. | 0.51% | 1.71% |
| Lockheed Martin Corp. | 0.49% | 1.79% |
| Quanta Services, Inc. | 0.48% | 1.88% |
| Comfort Systems USA, Inc. | 0.47% | 1.21% |
| General Dynamics Corp. | 0.45% | 1.56% |
| L3Harris Technologies, Inc. | 0.42% | 0.94% |
| Parker-Hannifin Corp. | 0.39% | 2.14% |
| Only in SPMO | Only in XLI |
|---|---|
| Micron Technology, Inc. 10.72% | Boeing Co/The 2.96% |
| NVIDIA Corp. 8.46% | Eaton Corp PLC 2.87% |
| Broadcom Inc. 7.58% | Union Pacific Corp 2.81% |
| Alphabet Inc. 4.81% | Deere & Co 2.77% |
| Advanced Micro Devices, Inc. 4.14% | Uber Technologies Inc 2.55% |
| Johnson & Johnson 3.85% | Vertiv Holdings Co 2.23% |
| Alphabet Inc. 3.81% | Trane Technologies PLC 1.89% |
| Lam Research Corp. 3.54% | Automatic Data Processing Inc 1.55% |
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 | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 Momentum | Industrials |
| Total return, 1 year | +24.5% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +7.0 pts | −3.3 pts |
| Expense ratio | 0.13% | 0.08% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 99 | 81 |
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.
XLI in plain words
XLI is an index equity fund tracking the Industrials. Over the year to Sep 11, 2026 it returned +14.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 81 positions, with the top ten at 41.4%. It sat 7.6% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPMO or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, SPMO returned +24.5% and XLI returned +14.3%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPMO or XLI?
- SPMO charges 0.13% a year and XLI charges 0.08%, so XLI is cheaper. Fees come from each fund's prospectus.
- How much do SPMO and XLI overlap with the S&P 500?
- By their latest filed holdings, 100% of SPMO and 100% of XLI by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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 XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPMO-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources