Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SPMO vs XLI: how they differ
SPMO and XLI hold 12% of their weight in the same names, and SPMO returned more over the year.
Invesco S&P 500 Momentum ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPMO and XLI hold 12% of their money in the same securities at the same weight.
| Holding | SPMO | XLI |
|---|---|---|
| Caterpillar Inc | 2.44% | 6.92% |
| General Electric Co | 1.67% | 6.32% |
| RTX Corp | 1.57% | 4.98% |
| GE Vernova Inc | 1.30% | 4.64% |
| Lockheed Martin Corp | 0.51% | 2.01% |
| Howmet Aerospace Inc | 0.49% | 1.70% |
| General Dynamics Corp | 0.47% | 1.68% |
| Johnson Controls International plc | 0.45% | 1.63% |
| Parker-Hannifin Corp | 0.44% | 2.20% |
| Cummins Inc | 0.44% | 1.42% |
| Quanta Services Inc | 0.43% | 1.73% |
| Comfort Systems USA Inc | 0.42% | 1.04% |
| Only in SPMO | Only in XLI |
|---|---|
| Micron Technology Inc 11.01% | DEERE + CO 3.18% |
| NVIDIA Corp 8.93% | UNION PACIFIC CORP 3.17% |
| Broadcom Inc 6.24% | BOEING CO/THE 3.02% |
| Johnson & Johnson 4.64% | EATON CORP PLC 2.97% |
| Alphabet Inc 4.29% | UBER TECHNOLOGIES INC 2.76% |
| Advanced Micro Devices Inc 4.12% | AUTOMATIC DATA PROCESSING 1.98% |
| Alphabet Inc 3.42% | TRANE TECHNOLOGIES PLC 1.82% |
| Lam Research Corp 3.38% | VERTIV HOLDINGS CO A 1.78% |
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 | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 Momentum | Industrials |
| Total return, 1 year | +24.5% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +7.0 pts | −3.3 pts |
| Expense ratio | 0.13% | 0.08% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 101 | 85 |
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.
XLI in plain words
XLI is an index equity fund tracking the Industrials. Over the year to Sep 11, 2026 it returned +14.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 85 positions, with the top ten at 40.2%. It sat 7.6% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPMO or XLI?
- In the year to Sep 13, 2026, with distributions reinvested, SPMO returned +24.5% and XLI returned +14.3%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPMO or XLI?
- SPMO charges 0.13% a year and XLI charges 0.08%, so XLI is cheaper. Fees come from each fund's prospectus.
- How much do SPMO and XLI overlap with the S&P 500?
- By their latest filed holdings, 100% of SPMO and 100% of XLI by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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 XLI, data as of Sep 13, 2026. https://etfiq.com/compare/any/spmo-vs-xli Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources