Data as of Oct 28, 2026.

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

PFF vs SPMO: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, PFF returned −4.2% to SPMO's +18.4%; 8% of their weight is in the same names.

askIQ about this page

askIQ about PFF and SPMO

Net assets on Oct 27, 2026: $11.8bn for iShares Preferred and Income Securities ETF and $22.3bn for Invesco S&P 500 Momentum ETF.

At a glance
−4.2%
PFF total return, 1 year
+18.4%
SPMO total return, 1 year
0.45%
PFF expense ratio
0.13%
SPMO expense ratio

Pair scorecard

SPMO costs 0.32 points a year less; their one-year returns differ by 22.6 points; SPMO is 1.9 times larger.

PFF vs SPMO: Differences, Returns & Fees
MeasurePFFSPMO
Return
Total return, 1 year−4.2%+18.4%
Drawdown
Below its high7.1%, high on May 8, 202610.2%, high on Jun 22, 2026
Benchmark
What it tracksICE Exchange-Listed Preferred & Hybrid Securities IndexS&P 500 Momentum Index
Cost and size
Expense ratio0.45%0.13%
Net assets, as of Oct 27, 2026$11.8bn$22.3bn
Holdings
Holdings in common8%
Top ten holdings, share of the fund22.7%50.7%

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

What they share

8%

By the books each fund has filed, PFF and SPMO hold 8% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

8% in common

Positions both hold · largest shared weight first PFF SPMO
ALPHABET INC 2.31% 4.76%
ALPHABET INC 2.26% 3.82%
CITIGROUP CAPITAL XIII 1.22% 0.91%
HEWLETT PACKARD ENTERPRISE CONV PR 2.36% 0.52%
GOLDMAN SACHS GROUP INC 0.50% 1.11%
MORGAN STANLEY 0.48% 1.11%
US BANCORP 0.35% 0.49%
BANK OF NEW YORK MELLON CORP 0.25% 0.65%
STATE STREET CORP 0.20% 0.32%
NORTHERN TRUST CORPORATION 0.15% 0.15%
CITIZENS FINANCIAL GROUP INC 0.20% 0.15%
SCE TRUST VII 0.24% 0.12%
Only in one fund ↓
Only in PFF
STRATEGY INC 3.53%
BOEING CO 3.11%
SUPER MICRO COMPUTER INC 2.27%
WELLS FARGO & COMPANY SERIES L 2.14%
ORACLE CORPORATION 2.06%
BANK OF AMERICA CORP 1.43%
KKR & CO INC 1.08%
NEXTERA ENERGY INC 1.06%
Only in SPMO
Apple Inc 9.95%
Micron Technology Inc 8.80%
Advanced Micro Devices Inc 5.48%
Johnson & Johnson 4.86%
Intel Corp 4.60%
ExxonMobil Holdings Corp 3.57%
Cisco Systems Inc 2.53%
Lam Research Corp 2.33%
Check overlap with more funds →

Side by side

PFF iShares Preferred and Income Securities ETF SPMO Invesco S&P 500 Momentum ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Preferred and Income Securities Tracks the S&P 500 Momentum
Total return, 1 year −4.2% +18.4%
Its benchmark over the same days +13.6% (MLRG) +13.7% (VOO)
Gap to its benchmark −17.8 pts vs MLRG +4.7 pts vs VOO
Expense ratio 0.45% 0.13%
Already in the S&P 500 0.0% 100.0%
Holdings 453 101
Net assets, as of Oct 27, 2026 $11.8bn $22.3bn

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

Alert

PFF and SPMO flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 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, PFF or SPMO?
In the year to Oct 28, 2026, with distributions reinvested, PFF returned −4.2% and SPMO +18.4%.
Which is cheaper, PFF or SPMO?
SPMO is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do PFF and SPMO overlap with the S&P 500?
By their latest filed holdings, 0% of PFF and 100% of SPMO by weight is stocks the S&P 500 already holds.
Other comparisons
Cite this pageCitation, APA and Markdown

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

Open data →

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