Invesco S&P 500 Momentum ETF (SPMO) Performance
SPMO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.9% since Dec 31, 2025
- 1 year
- +16.2% total return
- 5 years
- +18.1% a year
- 10 years
- +19.3% a year
- Since first price
- +18.1% a year since 2015
SPMO trailing returns vs SPY, QQQ, AGG
| Period | SPMO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.7% | −8.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.3% | −7.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.6% | +7.3% | +7.8% | +8.4% | −1.5% |
| YTD | +16.9% | +16.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.2% | +15.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +148.8%+35.5%/yr | +143.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +129.7%+18.1%/yr | +116.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +484.8%+19.3%/yr | +418.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 12, 2015 | +528.6%+18.1%/yr | +450.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SPMO vs SPY
From Oct 12, 2015: SPMO grew to $62,862, SPY to $45,110.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPMO returns by calendar year
8 of 10 full years positive. Best 2024 (+45.8%), worst 2022 (−10.5%). 2026 is year to date.
SPMO annual returns table
| Year | SPMO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.9% | −15.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.6% | −20.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +45.8% | −13.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.6% | −8.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.5% | −22.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +22.6% | −10.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +28.3% | −30.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.9% | −5.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.9% | −23.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.8% | −3.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +7.4% | −8.0% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SPMO largest drawdowns
Now 14.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −30.9% | Mar 23, 2020 | Jul 8, 2020 | 33 days | 5 months |
| Oct 1, 2018 | −23.4% | Dec 24, 2018 | Jun 19, 2019 | 3 months | 9 months |
| Jan 4, 2022 | −22.7% | Sep 26, 2022 | Dec 13, 2023 | 9 months | 1.9 years |
| Feb 13, 2025 | −20.1% | Apr 4, 2025 | May 13, 2025 | 50 days | 3 months |
| Jun 22, 2026 | −15.6% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Jul 10, 2024 | −13.2% | Aug 5, 2024 | Oct 4, 2024 | 26 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPMO risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +39.3% | +21.6% | +20.2% | +19.0% |
| Volatility (annualized) | 20.8% | 20.6% | 17.9% | 17.5% |
| Sharpe ratio | 1.51 | 0.89 | 0.99 | 0.97 |
| Sortino ratio | 3.27 | 1.65 | 1.77 | 1.74 |
| Best month | +19.3% | +19.3% | +19.3% | +19.3% |
| Worst month | −11.0% | −11.0% | −11.0% | −11.0% |
| Best 12 months | +62.7% | +62.7% | +62.7% | +62.7% |
| Worst 12 months | +16.0% | −15.6% | −15.6% | −15.6% |
| Positive months | 69% | 62% | 66% | 65% |
| Beta vs S&P 500 | 1.41 | 1.09 | 0.99 | — |
| Correlation with S&P 500 | 0.84 | 0.83 | 0.85 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SPMO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 120 | −15.6% | +20.7% | +62.7% | 89% |
| 3-year (a year) | 96 | +6.0% | +16.3% | +43.6% | 100% |
| 5-year (a year) | 72 | +8.7% | +18.1% | +23.6% | 100% |
| 10-year (a year) | 12 | +17.7% | +19.3% | +21.5% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
SPMO performance overview
Invesco S&P 500 Momentum ETF (SPMO) returned +16.2% over the past year and +19.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +18.1% a year, turning $10,000 into about $62,862. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.9%, from Feb 19, 2020 to Mar 23, 2020, and it took 4 months to get back to the old high. SPMO finished 8 of its 10 full calendar years with a gain; the best year was 2024 (+45.8%) and the worst 2022 (−10.5%). Volatility has been 17.5% a year.
Related: SPMO chart, SPMO holdings, SPMO dividends, SPMO valuation. See the SPMO overview for the latest quote and fund facts.
SPMO performance FAQ
What is the SPMO return over the past year?
SPMO returned +16.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.2%.
What is the average annual return of SPMO?
SPMO has returned +18.1% a year over 5 years, +19.3% a year over 10 years, +18.1% a year since October 12, 2015 (total return, distributions reinvested).
How much would $10,000 invested in SPMO be worth?
$10,000 invested in SPMO at its first recorded close on October 12, 2015 would be worth about $62,862 on October 23, 2026 with distributions reinvested.
What was the worst year for SPMO?
The worst calendar year was 2022, with a total return of −10.5%. The best was 2024 at +45.8%.
What is the biggest drawdown of SPMO?
The largest peak-to-trough decline was −30.9% between February 19, 2020 and March 23, 2020. It recovered to the old high on July 8, 2020, 4 months after the bottom.
How volatile is SPMO?
Over the past 3 years SPMO had an annualized volatility of 20.8% and a Sharpe ratio of 1.51 (excess return over 1–3 month T-bills per unit of risk).