Data as of Oct 28, 2026.
IEI vs SPMO: Differences, Returns & Fees
Over the year to Oct 28, 2026, IEI returned −1.1% to SPMO's +18.4%; 0% of their weight is in the same names.
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Net assets on Oct 27, 2026: $17.0bn for iShares 3-7 Year Treasury Bond ETF and $22.3bn for Invesco S&P 500 Momentum ETF.
Pair scorecard
SPMO costs 0.02 points a year less; their one-year returns differ by 19.5 points; SPMO is 1.3 times larger.
| Measure | IEI | SPMO |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.1% | +18.4% |
| Drawdown | ||
| Below its high | 10.2%, high on Jun 22, 2026 | |
| Benchmark | ||
| What it tracks | ICE U.S. Treasury 3-7 Year Bond Index | S&P 500 Momentum Index |
| Cost and size | ||
| Expense ratio | 0.15% | 0.13% |
| Net assets, as of Oct 27, 2026 | $17.0bn | $22.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 50.7% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Oct 23, 2015 to Oct 23, 2026 · 574 weekly returnsSPMO returned more: +519.8% to +15.1%. IEI swung less: 3.7% to 19.0%. IEI fell less at its worst: −14.1% to −28.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IEI | SPMO | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +15.1% | +519.8% | SPMO | Price change plus distributions, reinvested. |
| Annualized | +1.3% | +18.0% | SPMO | Total return as a yearly rate. |
| Price return | −7.8% | +442.9% | SPMO | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 3.7% | 19.0% | IEI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.7% | 12.6% | IEI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −14.1% | −28.3% | IEI | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.26 | 0.84 | SPMO | Return above Treasury bills per unit of volatility. |
| Sortino | −0.36 | 1.27 | SPMO | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.09 | 0.63 | SPMO | Annualized return divided by the max drawdown. |
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
By the books each fund has filed, IEI and SPMO hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
IEI and SPMO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IEI and SPMO do different jobs. What does each one do in a portfolio?
- What each follows. IEI follows ICE U.S. Treasury 3-7 Year Bond Index and SPMO follows S&P 500 Momentum Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 IEI returned −1.1% and SPMO +18.4% with distributions reinvested, a gap of 19.5 points.
Data as of Oct 28, 2026.
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IEI
IEI tracks an index of 3-7 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −1.1% with distributions reinvested. The prospectus expense ratio is 0.15% a year.
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, IEI or SPMO?
- In the year to Oct 28, 2026, with distributions reinvested, IEI returned −1.1% and SPMO +18.4%.
- Which is cheaper, IEI or SPMO?
- SPMO is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IEI against SPMO, data as of Oct 28, 2026. https://etfiq.com/compare/any/iei-vs-spmo
ETFIQ. (Oct 28, 2026). IEI against SPMO. Retrieved from https://etfiq.com/compare/any/iei-vs-spmo
[IEI against SPMO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iei-vs-spmo)
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