Invesco S&P 500 Value with Momentum ETF (SPVM) Valuation
SPVM valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 15.1 trailing earnings
- Forward P/E
- 11.1 analyst estimates
- Price / sales
- 1.11
- Price / book
- 1.87
- EV / EBITDA
- 9.4
- Earnings yield
- 6.63% inverse of P/E
- Dividend yield
- 2.34% of the holdings
- Return on equity
- 12.4% combined
- Net margin
- 7.3% combined
- Beta
- 0.76 weighted, vs S&P 500
SPVM valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SPVM | 15.1 | 11.1 | 1.11 | 1.87 | 2.34% | 12.4% | 7.3% | 2.2% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
SPVM valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 34.9% | 11.2 | 10.4 | 1.95 | 1.58 | 2.47% | 14.1% |
| Energy | 15.2% | 15.3 | 10.0 | 1.44 | 2.39 | 1.88% | 15.7% |
| Utilities | 12.7% | 16.8 | 14.8 | 2.35 | 1.73 | 3.63% | 10.3% |
| Healthcare | 9.0% | 26.0 | 12.8 | 0.51 | 2.89 | 1.37% | 11.1% |
| Industrials | 8.5% | 15.7 | 10.7 | 0.77 | 2.14 | 1.54% | 13.6% |
| Consumer Defensive | 6.2% | 18.3 | 13.9 | 0.46 | 2.34 | 2.20% | 12.8% |
| Basic Materials | 4.3% | 21.2 | 12.8 | 1.52 | 2.13 | 1.97% | 10.1% |
| Consumer Cyclical | 3.9% | 177.6 | 6.5 | 0.43 | 1.36 | 1.70% | 0.8% |
| Communication Services | 2.9% | 15.8 | 10.8 | 1.58 | 1.86 | 3.03% | 11.7% |
| Real Estate | 2.1% | 23.1 | 26.3 | 4.42 | 1.68 | 4.53% | 7.3% |
SPVM earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How SPVM weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SPVM largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MPC | Marathon Petroleum Corporation | 1.96% | 16.6 | 5.5 | 0.9 | 0.84% | 1.80% |
| PSX | Phillips 66 | 1.90% | 16.8 | 9.7 | 0.8 | 1.81% | 1.72% |
| ALL | The Allstate Corporation | 1.79% | 5.0 | 8.3 | 0.9 | 1.74% | 5.49% |
| VLO | Valero Energy Corporation | 1.77% | 18.5 | 10.2 | 1.0 | 1.08% | 1.46% |
| TRV | The Travelers Companies, Inc. | 1.75% | 10.5 | 10.8 | 1.7 | 1.28% | 2.54% |
| APA | APA Corporation | 1.67% | 10.4 | 9.4 | 2.0 | 2.03% | 2.44% |
| GM | General Motors Company | 1.53% | 37.7 | 5.6 | 0.4 | 0.86% | 0.62% |
| CVS | CVS Health Corporation | 1.49% | 24.3 | 10.7 | 0.3 | 2.88% | 0.93% |
| DG | Dollar General Corporation | 1.45% | 17.4 | 15.3 | 0.7 | 1.76% | 1.26% |
| TGT | Target Corporation | 1.44% | 16.0 | 15.6 | 0.7 | 3.01% | 1.36% |
| L | Loews Corporation | 1.41% | 13.5 | 12.2 | 1.2 | 0.23% | 1.59% |
| MCK | McKesson Corporation | 1.41% | 26.9 | 19.7 | 0.3 | 0.37% | 0.79% |
| SWK | Stanley Black & Decker, Inc. | 1.39% | 22.6 | 14.5 | 0.9 | 3.63% | 0.93% |
| HIG | The Hartford Financial Services Group, Inc. | 1.38% | 9.6 | 9.2 | 1.2 | 1.78% | 2.19% |
| MET | MetLife, Inc. | 1.37% | 19.3 | 10.5 | 0.8 | 2.35% | 1.08% |
| SYF | Synchrony Financial | 1.35% | 7.5 | 6.7 | 2.4 | 1.85% | 2.72% |
| UAL | United Airlines Holdings, Inc. | 1.35% | 9.0 | 7.4 | 0.5 | — | 2.28% |
| CINF | Cincinnati Financial Corporation | 1.33% | 8.1 | 18.5 | 1.9 | 2.20% | 2.50% |
| AIZ | Assurant, Inc. | 1.32% | 13.6 | 10.9 | 1.0 | 1.24% | 1.48% |
| EQT | EQT Corporation | 1.31% | 12.6 | 14.1 | 3.7 | 1.25% | 1.59% |
| BG | Bunge Limited | 1.28% | 21.1 | 9.6 | 0.2 | 2.71% | 0.92% |
| ADM | Archer-Daniels-Midland Company | 1.27% | 22.6 | 15.6 | 0.5 | 2.52% | 0.85% |
| TFC | Truist Financial Corporation | 1.26% | 10.8 | 9.6 | 3.0 | 4.47% | 1.77% |
| DAL | Delta Air Lines, Inc. | 1.21% | 15.0 | 9.2 | 0.7 | 1.14% | 1.22% |
| CB | Chubb Limited | 1.19% | 12.7 | 11.6 | 2.2 | 1.13% | 1.42% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About SPVM valuation
Adding up its 99 holdings with company data, SPVM trades at 15.1 times trailing earnings and 11.1 times analysts' forward estimates, with a price-to-book ratio of 1.87 and a dividend yield of 2.34%. Its earnings yield of 6.63% is 1.31 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 16.7% of the fund and earn 19.6% of its combined profit. By sector, Consumer Cyclical is the most expensive at 177.6 times earnings and Financial Services the cheapest at 11.2. Companies that lost money over the past year are 2.2% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SPVM chart, SPVM performance, SPVM holdings, SPVM dividends.
SPVM valuation FAQ
What is the P/E ratio of SPVM?
Based on its holdings, SPVM has a trailing P/E of 15.1 and a forward P/E of 11.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SPVM?
The trailing earnings yield is 6.63% (1 ÷ P/E) and the forward earnings yield 8.99%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SPVM more expensive than the S&P 500?
SPVM trades at 15.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 11.1 and 19.9.
What is the price-to-book ratio of SPVM?
The holdings of SPVM trade at 1.87 times book value, with a combined return on equity of 12.4%.
Which sector in SPVM has the highest P/E?
Consumer Cyclical has the highest P/E at 177.6 and Financial Services the lowest at 11.2.