Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

FTEC vs SPMO: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, FTEC returned +25.0% to SPMO's +18.4%; 33% of their weight is in the same names.

askIQ about this page

askIQ about FTEC and SPMO

Net assets: $22.1bn on Sep 30, 2026 for Fidelity MSCI Information Technology Index ETF, and $22.3bn on Oct 27, 2026 for Invesco S&P 500 Momentum ETF.

At a glance
+25.0%
FTEC total return, 1 year
+18.4%
SPMO total return, 1 year
0.08%
FTEC expense ratio
0.13%
SPMO expense ratio

Pair scorecard

FTEC costs 0.05 points a year less; their one-year returns differ by 6.6 points.

FTEC vs SPMO: Differences, Returns & Fees
MeasureFTECSPMO
Return
Total return, 1 year+25.0%+18.4%
Drawdown
Below its high4.9%, high on Oct 6, 202610.2%, high on Jun 22, 2026
Benchmark
What it tracksMSCI USA IMI Information Technology 25/50 IndexS&P 500 Momentum Index
Cost and size
Expense ratio0.08%0.13%
Net assets, FTEC as of Sep 30, 2026 and SPMO as of Oct 27, 2026$22.1bn$22.3bn
Holdings
Holdings in common33%
Top ten holdings, share of the fund62.2%50.7%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Oct 23, 2015 to Oct 23, 2026 · 574 weekly returns
FTEC SPMO
Return
Total return edge FTEC +835.9% +519.8%
Annualized edge FTEC +22.5% +18.0%
Price return edge FTEC +747.5% +442.9%
Risk
Volatility edge SPMO 22.3% 19.0%
Max drawdown edge SPMO −34.1% −28.3%
Downside capture 100.0% 93.8%
Beta 1.00 0.98
Risk-adjusted
Sharpe edge FTEC (slight) 0.92 0.84
Sortino edge FTEC (slight) 1.39 1.27
Treynor 0.199 0.164
Calmar edge FTEC (slight) 0.66 0.63
Against the benchmark
Alpha −0.1% a year +3.8% a year
Alpha t-stat −0.70 1.28
Information ratio −0.19 0.36
Tracking error 0.7% 9.7%

Each against its own benchmark: FTEC against VGT, Nov 1, 2013 to Oct 23, 2026; SPMO against VOO, Oct 23, 2015 to Oct 23, 2026.

Reading

FTEC returned more: +835.9% to +519.8%. SPMO swung less: 19.0% to 22.3%. SPMO fell less at its worst: −28.3% to −34.1%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: FTEC vs SPMO: Differences, Returns & Fees
MeasureFTECSPMOEdgeHow it is measured
Return
Total return+835.9%+519.8%FTECPrice change plus distributions, reinvested.
Annualized+22.5%+18.0%FTECTotal return as a yearly rate.
Price return+747.5%+442.9%FTECPrice change alone, distributions left out.
Risk
Volatility22.3%19.0%SPMOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.8%12.6%SPMOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−28.3%SPMODeepest fall from a high to the low after it.
Upside capture99.7%98.9%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.0%93.8%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.000.98Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.74Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.920.84FTEC (slight)Return above Treasury bills per unit of volatility.
Sortino1.391.27FTEC (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1990.164Return above Treasury bills per unit of beta.
Calmar0.660.63FTEC (slight)Annualized return divided by the max drawdown.
Against the benchmark
BenchmarkVGTVOOThe ETF each fund is measured against.
Alpha−0.1% a year+3.8% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.701.28Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.2%−2.0% to +9.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.190.36Return against its benchmark per unit of tracking error.
Tracking error0.7%9.7%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 574 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

33%

By the books each fund has filed, FTEC and SPMO hold 33% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

33% in common

Positions both hold · largest shared weight first FTEC SPMO
Apple Inc 16.21% 9.95%
Micron Technology Inc 3.82% 8.80%
Advanced Micro Devices Inc 3.18% 5.48%
Cisco Systems Inc 1.92% 2.53%
Applied Materials Inc 1.69% 2.28%
Intel Corp 1.65% 4.60%
Lam Research Corp 1.54% 2.33%
Palo Alto Networks Inc 1.17% 1.86%
KLA Corp 1.02% 1.00%
Western Digital Corp 0.83% 1.58%
Seagate Technology Holdings PLC 0.82% 1.75%
Analog Devices Inc 0.78% 1.04%
Only in one fund ↓
Only in FTEC
NVIDIA Corp 17.09%
Microsoft Corp 10.93%
Broadcom Inc 4.20%
Palantir Technologies Inc 1.13%
Texas Instruments Inc 1.07%
Oracle Corp 0.90%
International Business Machines Corp 0.88%
Amphenol Corp 0.85%
Only in SPMO
Johnson & Johnson 4.86%
Alphabet Inc 4.76%
Alphabet Inc 3.82%
ExxonMobil Holdings Corp 3.57%
Merck & Co Inc 2.22%
Caterpillar Inc 1.88%
UnitedHealth Group Inc 1.83%
Coca-Cola Co 1.70%
Check overlap with more funds →

Side by side

FTEC Fidelity MSCI Information Technology Index ETF SPMO Invesco S&P 500 Momentum ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Information Technology Tracks the S&P 500 Momentum
Total return, 1 year +25.0% +18.4%
Its benchmark over the same days +24.7% (VGT) +13.7% (VOO)
Gap to its benchmark +0.3 pts vs VGT +4.7 pts vs VOO
Expense ratio 0.08% 0.13%
Already in the S&P 500 87.8% 100.0%
Holdings 281 101
Net assets, FTEC as of Sep 30, 2026 and SPMO as of Oct 27, 2026 $22.1bn $22.3bn

FTEC and SPMO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-33013D0719

FTEC and SPMO do different jobs. What does each one do in a portfolio?

  1. What each follows. FTEC follows MSCI USA IMI Information Technology 25/50 Index and SPMO follows S&P 500 Momentum Index.
  2. Holdings in common. 33% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 FTEC returned +25.0% and SPMO +18.4% with distributions reinvested, a gap of 6.6 points.

Data as of Oct 28, 2026.

Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

SPMO flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
FTEC

FTEC tracks the MSCI Information Technology. Over the year to Oct 28, 2026 it returned +25.0% with distributions reinvested, against +24.7% for its benchmark, the MSCI USA IMI Information Technology 25/50 Index. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 281 positions, with the top ten at 62.2%. It sat 4.9% below its high of Oct 6, 2026 on Oct 28, 2026.

SPMO

SPMO tracks the S&P 500 Momentum. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.13% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 50.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FTEC or SPMO?
In the year to Oct 28, 2026, with distributions reinvested, FTEC returned +25.0% and SPMO +18.4%.
Which is cheaper, FTEC or SPMO?
FTEC is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FTEC and SPMO overlap with the S&P 500?
By their latest filed holdings, 88% of FTEC and 100% of SPMO by weight is stocks the S&P 500 already holds.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, FTEC against SPMO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ftec-vs-spmo

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.