Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GOVT vs SPMO: how they differ

GOVT and SPMO hold 0% of their weight in the same names, and SPMO returned more over the year.

iShares U.S. Treasury Bond ETF and Invesco S&P 500 Momentum ETF.

What they hold in common

By the books each fund has filed, GOVT and SPMO hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GOVTOnly in SPMO
US TREASURY N/B 0.60%Micron Technology Inc 11.01%
TREASURY NOTE (OTR) 0.55%NVIDIA Corp 8.93%
TREASURY BOND (OLD) 0.42%Broadcom Inc 6.24%
TREASURY NOTE (2OLD) 0.25%Johnson & Johnson 4.64%
TREASURY BOND (OTR) 0.16%Alphabet Inc 4.29%
BLK CSH FND TREASURY SL AGENCY 0.11%Advanced Micro Devices Inc 4.12%
TREASURY NOTE (OLD) 0.11%Alphabet Inc 3.42%
TREASURY BOND (2OLD) 0.08%Lam Research Corp 3.38%

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 Sep 10, 2026.

GOVT and SPMO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GOVT
iShares U.S. Treasury Bond ETF
SPMO
Invesco S&P 500 Momentum ETF
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isU.S. Treasury BondS&P 500 Momentum
Total return, 1 year−1.0%+24.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.5 pts+7.0 pts
Expense ratio0.05%0.13%
Holdings216101

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% 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. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 51.9%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GOVT or SPMO?
In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and SPMO returned +24.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or SPMO?
GOVT charges 0.05% a year and SPMO charges 0.13%, so GOVT is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

GOVT against SPMO, ETFIQ, data as of Sep 13, 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, GOVT against SPMO, data as of Sep 13, 2026. https://etfiq.com/compare/any/govt-vs-spmo Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources