Data as of Oct 28, 2026.

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SPMO vs VYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPMO returned +18.4% to VYM's +18.0%; 28% of their weight is in the same names.

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Net assets: $22.3bn on Oct 27, 2026 for Invesco S&P 500 Momentum ETF, and $78.9bn on Sep 30, 2026 for Vanguard High Dividend Yield ETF.

At a glance
+18.4%
SPMO total return, 1 year
+18.0%
VYM total return, 1 year
0.13%
SPMO expense ratio
0.04%
VYM expense ratio

Pair scorecard

VYM costs 0.09 points a year less; their one-year returns differ by 0.4 points.

SPMO vs VYM: Differences, Returns & Fees
MeasureSPMOVYM
Return
Total return, 1 year+18.4%+18.0%
Drawdown
Below its high10.2%, high on Jun 22, 2026
Benchmark
What it tracksS&P 500 Momentum IndexFTSE High Dividend Yield Index
Cost and size
Expense ratio0.13%0.04%
Net assets, SPMO as of Oct 27, 2026 and VYM as of Sep 30, 2026$22.3bn$78.9bn
Holdings
Holdings in common28%
Top ten holdings, share of the fund50.7%26.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Oct 23, 2015 to Oct 23, 2026 · 574 weekly returns
SPMO VYM
Return
Total return edge SPMO +519.8% +231.3%
Annualized edge SPMO +18.0% +11.5%
Price return edge SPMO +442.9% +137.3%
Risk
Volatility edge VYM 19.0% 15.5%
Max drawdown edge SPMO −28.3% −32.4%
Risk-adjusted
Sharpe edge SPMO 0.84 0.63
Sortino edge SPMO 1.27 0.88
Calmar edge SPMO 0.63 0.35
Reading

SPMO returned more: +519.8% to +231.3%. VYM swung less: 15.5% to 19.0%. SPMO fell less at its worst: −28.3% to −32.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: SPMO vs VYM: Differences, Returns & Fees
MeasureSPMOVYMEdgeHow it is measured
Return
Total return+519.8%+231.3%SPMOPrice change plus distributions, reinvested.
Annualized+18.0%+11.5%SPMOTotal return as a yearly rate.
Price return+442.9%+137.3%SPMOPrice change alone, distributions left out.
Risk
Volatility19.0%15.5%VYMSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.6%11.1%VYMLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−28.3%−32.4%SPMODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.840.63SPMOReturn above Treasury bills per unit of volatility.
Sortino1.270.88SPMOReturn above Treasury bills per unit of downside deviation.
Calmar0.630.35SPMOAnnualized 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

28%

By the books each fund has filed, SPMO and VYM hold 28% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

28% in common

Positions both hold · largest shared weight first SPMO VYM
ExxonMobil Holdings Corp 3.57% 2.84%
Johnson & Johnson 4.86% 2.71%
Cisco Systems Inc 2.53% 1.80%
Caterpillar Inc 1.88% 1.56%
Merck & Co Inc 2.22% 1.52%
Coca-Cola Co 1.70% 1.42%
UnitedHealth Group Inc 1.83% 1.41%
RTX Corp 1.15% 1.06%
Goldman Sachs Group Inc 1.11% 1.03%
Citigroup Inc 0.91% 0.92%
Morgan Stanley 1.11% 0.89%
Analog Devices Inc 1.04% 0.82%
Only in one fund ↓
Only in SPMO
Apple Inc 9.95%
Micron Technology Inc 8.80%
Advanced Micro Devices Inc 5.48%
Alphabet Inc 4.76%
Intel Corp 4.60%
Alphabet Inc 3.82%
Lam Research Corp 2.33%
Applied Materials Inc 2.28%
Only in VYM
Broadcom Inc 6.93%
JPMorgan Chase & Co 3.75%
AbbVie Inc 1.96%
Chevron Corp 1.61%
Bank of America Corp 1.50%
Procter & Gamble Co 1.44%
Philip Morris International Inc 1.26%
Home Depot Inc 1.20%
Check overlap with more funds →

Side by side

SPMO Invesco S&P 500 Momentum ETF VYM Vanguard High Dividend Yield ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Momentum Tracks an index of US high dividend
Total return, 1 year +18.4% +18.0%
Its benchmark over the same days +13.7% (VOO) not measured
Gap to its benchmark +4.7 pts vs VOO not measured
Expense ratio 0.13% 0.04%
Already in the S&P 500 100.0% 89.5%
Holdings 101 595
Net assets, SPMO as of Oct 27, 2026 and VYM as of Sep 30, 2026 $22.3bn $78.9bn

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

Client brief · page 1 of 2 Report BR-34AEDA4689

SPMO and VYM do different jobs. What does each one do in a portfolio?

  1. What each follows. SPMO follows S&P 500 Momentum Index and VYM follows FTSE High Dividend Yield Index.
  2. Holdings in common. 28% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. Number of holdings. SPMO holds 101 positions and VYM holds 595.

Data as of Oct 28, 2026.

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About each fund
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.

VYM

VYM tracks an index of US high dividend. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 595 positions, with the top ten at 26.2%.

Questions people ask

Which returned more over the last year, SPMO or VYM?
In the year to Oct 28, 2026, with distributions reinvested, SPMO returned +18.4% and VYM +18.0%.
Which is cheaper, SPMO or VYM?
VYM is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPMO and VYM overlap with the S&P 500?
By their latest filed holdings, 100% of SPMO and 90% of VYM by weight is stocks the S&P 500 already holds.
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ETFIQ, SPMO against VYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/spmo-vs-vym

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