Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SPMO vs SPY: how they differ
SPMO and SPY hold 36% of their weight in the same names, and SPMO returned more over the year.
Invesco S&P 500 Momentum ETF and SPDR S&P 500 ETF Trust.
What they hold in common
By the books each fund has filed, SPMO and SPY hold 36% of their money in the same securities at the same weight.
| Holding | SPMO | SPY |
|---|---|---|
| NVIDIA Corp | 8.93% | 8.08% |
| Alphabet Inc | 4.29% | 2.98% |
| Broadcom Inc | 6.24% | 2.61% |
| Alphabet Inc | 3.42% | 2.39% |
| Micron Technology Inc | 11.01% | 1.69% |
| Advanced Micro Devices Inc | 4.12% | 1.25% |
| ExxonMobil Holdings Corp | 3.22% | 1.05% |
| Johnson & Johnson | 4.64% | 0.98% |
| Intel Corp | 2.63% | 0.76% |
| Cisco Systems Inc | 1.84% | 0.65% |
| Palantir Technologies Inc | 1.50% | 0.58% |
| Lam Research Corp | 3.38% | 0.57% |
| Only in SPMO | Only in SPY |
|---|---|
| Invesco Government & Agency Portfolio 0.08% | APPLE INC 7.33% |
| CASH & EQUIVALENTS 0.00% | MICROSOFT CORP 5.59% |
| AMAZON.COM INC 3.77% | |
| META PLATFORMS INC CLASS A 2.16% | |
| TESLA INC 1.56% | |
| JPMORGAN CHASE + CO 1.45% | |
| BERKSHIRE HATHAWAY INC CL B 1.42% | |
| ELI LILLY + CO 1.36% |
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.
| SPMO Invesco S&P 500 Momentum ETF | SPY SPDR S&P 500 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 Momentum | S&P 500 |
| Total return, 1 year | +24.5% | +17.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +7.0 pts | 0.0 pts |
| Expense ratio | 0.13% | 0.09% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 101 | 505 |
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.
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% 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 505 positions, with the top ten at 38.2%.
Questions people ask
- Which returned more over the last year, SPMO or SPY?
- In the year to Sep 13, 2026, with distributions reinvested, SPMO returned +24.5% and SPY returned +17.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPMO or SPY?
- SPMO charges 0.13% a year and SPY charges 0.09%, so SPY is cheaper. Fees come from each fund's prospectus.
- How much do SPMO and SPY overlap with the S&P 500?
- By their latest filed holdings, 100% of SPMO and 100% of SPY by weight is stocks the S&P 500 already holds. Between the two funds, 36% of their books are the same securities at the same weight.
Other comparisons
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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, SPMO against SPY, data as of Sep 13, 2026. https://etfiq.com/compare/any/spmo-vs-spy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources