Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SGOV vs SPMO: how they differ
SGOV and SPMO hold 0% of their weight in the same names, and SPMO returned more over the year.
iShares 0-3 Month Treasury Bond ETF and Invesco S&P 500 Momentum ETF.
What they hold in common
By the books each fund has filed, SGOV and SPMO hold 0% of their money in the same securities at the same weight.
| Only in SGOV | Only in SPMO |
|---|---|
| TREASURY BILL 0.94% | Micron Technology Inc 11.01% |
| BLK CSH FND TREASURY SL AGENCY 0.51% | NVIDIA Corp 8.93% |
| Broadcom Inc 6.24% | |
| Johnson & Johnson 4.64% | |
| Alphabet Inc 4.29% | |
| Advanced Micro Devices Inc 4.12% | |
| Alphabet Inc 3.42% | |
| 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.
| SGOV iShares 0-3 Month Treasury Bond ETF | SPMO Invesco S&P 500 Momentum ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | 0-3 month T-bills | S&P 500 Momentum |
| Total return, 1 year | +3.8% | +24.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −13.7 pts | +7.0 pts |
| Expense ratio | 0.09% | 0.13% |
| Holdings | 23 | 101 |
SGOV in plain words
SGOV is a cash and treasury bills tracking the 0-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year.
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, SGOV or SPMO?
- In the year to Sep 13, 2026, with distributions reinvested, SGOV returned +3.8% and SPMO returned +24.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SGOV or SPMO?
- SGOV charges 0.09% a year and SPMO charges 0.13%, so SGOV is cheaper. Fees come from each fund's prospectus.
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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, SGOV against SPMO, data as of Sep 13, 2026. https://etfiq.com/compare/any/sgov-vs-spmo Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources