Invesco S&P 500 Value with Momentum ETF (SPVM) Performance
SPVM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.7% since Dec 31, 2025
- 1 year
- +20.3% total return
- 5 years
- +10.7% a year
- 10 years
- +11.9% a year
- Since first price
- +11.8% a year since 2011
SPVM trailing returns vs SPY, QQQ, AGG
| Period | SPVM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.2% | +4.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.7% | +0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.7% | +7.7% | +7.8% | +8.4% | −1.5% |
| YTD | +14.7% | +12.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.3% | +18.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +76.1%+20.7%/yr | +65.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +65.9%+10.7%/yr | +48.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +208.3%+11.9%/yr | +144.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +484.8%+12.5%/yr | +313.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJun 16, 2011 | +452.9%+11.8%/yr | +287.8% | — | — | — |
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: SPVM vs SPY
From Jun 16, 2011: SPVM grew to $55,285, SPY to $78,308.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPVM returns by calendar year
10 of 14 full years positive. Best 2013 (+33.8%), worst 2018 (−9.2%). 2026 is year to date.
SPVM annual returns table
| Year | SPVM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.7% | −7.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.5% | −15.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.6% | −9.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.5% | −12.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.1% | −19.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.9% | −7.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −3.2% | −45.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +29.3% | −9.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.2% | −17.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.7% | −4.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +23.6% | −9.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −5.5% | −13.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +10.8% | −8.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +33.8% | −5.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +18.2% | −13.4% | +16.0% | +18.1% | +3.8% |
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.
SPVM largest drawdowns
Now 2.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −45.4% | Mar 23, 2020 | Jan 20, 2021 | 40 days | 11 months |
| Jul 7, 2011 | −20.2% | Oct 3, 2011 | Mar 13, 2012 | 3 months | 8 months |
| Apr 20, 2022 | −19.5% | Sep 30, 2022 | Mar 6, 2024 | 5 months | 1.9 years |
| Nov 29, 2024 | −18.7% | Apr 8, 2025 | Jul 23, 2025 | 4 months | 8 months |
| Jan 26, 2018 | −17.5% | Dec 24, 2018 | Apr 16, 2019 | 11 months | 1.2 years |
| Dec 23, 2014 | −16.1% | Jan 20, 2016 | Jul 12, 2016 | 1.1 years | 1.6 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPVM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +17.6% | +10.9% | +11.3% | +11.2% |
| Volatility (annualized) | 13.1% | 16.2% | 17.5% | 16.4% |
| Sharpe ratio | 0.98 | 0.50 | 0.57 | 0.64 |
| Sortino ratio | 1.59 | 0.75 | 0.82 | 0.95 |
| Best month | +8.6% | +13.0% | +14.6% | +14.6% |
| Worst month | −8.3% | −11.9% | −24.3% | −24.3% |
| Best 12 months | +31.6% | +31.6% | +69.0% | +69.0% |
| Worst 12 months | +3.8% | −13.0% | −24.8% | −24.8% |
| Positive months | 67% | 62% | 65% | 65% |
| Beta vs S&P 500 | 0.68 | 0.78 | 0.95 | — |
| Correlation with S&P 500 | 0.65 | 0.76 | 0.83 | — |
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.
SPVM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 173 | −24.8% | +12.7% | +69.0% | 80% |
| 3-year (a year) | 149 | −5.1% | +10.6% | +23.9% | 97% |
| 5-year (a year) | 125 | +1.3% | +10.5% | +17.9% | 100% |
| 10-year (a year) | 65 | +8.0% | +10.8% | +13.7% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
SPVM performance overview
Invesco S&P 500 Value with Momentum ETF (SPVM) returned +20.3% over the past year and +11.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +11.8% a year, turning $10,000 into about $55,285. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −45.4%, from Feb 12, 2020 to Mar 23, 2020, and it took 10 months to get back to the old high. SPVM finished 10 of its 14 full calendar years with a gain; the best year was 2013 (+33.8%) and the worst 2018 (−9.2%). Volatility has been 16.4% a year.
Related: SPVM chart, SPVM holdings, SPVM dividends, SPVM valuation. See the SPVM overview for the latest quote and fund facts.
SPVM performance FAQ
What is the SPVM return over the past year?
SPVM returned +20.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.0%.
What is the average annual return of SPVM?
SPVM has returned +10.7% a year over 5 years, +11.9% a year over 10 years, +11.8% a year since June 16, 2011 (total return, distributions reinvested).
How much would $10,000 invested in SPVM be worth?
$10,000 invested in SPVM at its first recorded close on June 16, 2011 would be worth about $55,285 on October 23, 2026 with distributions reinvested.
What was the worst year for SPVM?
The worst calendar year was 2018, with a total return of −9.2%. The best was 2013 at +33.8%.
What is the biggest drawdown of SPVM?
The largest peak-to-trough decline was −45.4% between February 12, 2020 and March 23, 2020. It recovered to the old high on January 20, 2021, 10 months after the bottom.
How volatile is SPVM?
Over the past 3 years SPVM had an annualized volatility of 13.1% and a Sharpe ratio of 0.98 (excess return over 1–3 month T-bills per unit of risk).