# Invesco S&P 500 Momentum ETF (SPMO): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spmo for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Passive Index · Inception: 2015-10-09 The Invesco S&P 500 Momentum ETF (SPMO) is designed to mirror the investment performance of the S&P 500 Momentum Index. The Fund typically allocates at least 90% of its total assets to the securities that constitute this underlying Index. The S&P 500 Momentum Index itself is composed of stocks from the broader S&P 500 Index that exhibit strong "momentum scores," reflecting their recent performance trends. Both the ETF and its benchmark index undergo semi-annual reconstitution and rebalancing, which takes place on the third Fridays of March and September each year. The weighting of individua... ## Key Facts | Metric | Value | |---|---| | Price | $138.66 | | Expense Ratio | 0.13% | | Assets Under Management | $21.58B | | NAV | $138.65 | | Holdings Count | 100 | | Distribution Yield (TTM) | 0.79% | | Annual Distribution (TTM) | $1.10 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $107.24 – $162.30 | | Beta | 1.28 | ## Latest Distribution - Amount: $0.2432 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does SPMO invest in? The Invesco S&P 500 Momentum ETF (SPMO) is designed to mirror the investment performance of the S&P 500 Momentum Index. The Fund typically allocates at least 90% of its total assets to the securities that constitute this underlying Index. The S&P 500 Momentum Index itself is composed of stocks from the broader S&P 500 Index that exhibit strong "momentum scores," reflecting their recent performance trends. Both the ETF and its benchmark index undergo semi-annual reconstitution and rebalancing, which takes place on the third Fridays of March and September each year. The weighting of individual constituents within the Index is determined by a combination of their market capitalization and their assigned momentum score. As of August 31, 2025, SPMO proudly holds an overall 5-star rating from Morningstar, positioning it in the top tier among 1252 comparable funds. It also earned a 5-star rating for both the 3-year period (out of 1252 funds) and the 5-year period (out of 1149 funds), with 10-year data not yet available. Morningstar's ratings are calculated using a risk-adjusted return methodology, which scrutinizes monthly performance variations, emphasizing downside risk and rewarding consistent returns. For fair comparison, open-end mutual funds and exchange-traded funds are evaluated together as a single group. To qualify for a rating, a fund must possess at least three years of operational history. The overall rating is derived from a weighted average of the 3-, 5-, and 10-year rating metrics where applicable, after accounting for fees and expenses but excluding any sales charges. Important Disclaimers: This information, proprietary to Morningstar Inc. (©2025), is not guaranteed for accuracy, completeness, or timeliness and must not be copied or distributed. Neither Morningstar nor its content providers are liable for any damages resulting from its use. Investors should remember that past performance does not indicate future results. Star ratings are assigned monthly based on percentile rank within a category: the top 10% receive five stars, the subsequent 22.5% receive four stars, and so forth. Please note that if fee waivers or expense reimbursements had not been in place, the Morningstar rating might have been lower. Ratings for other share classes of the fund may vary due to differing performance characteristics. ### What is the expense ratio of SPMO? Invesco S&P 500 Momentum ETF (SPMO) charges an expense ratio of 0.13%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SPMO? Invesco S&P 500 Momentum ETF (SPMO) manages $21.58B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SPMO actively managed or an index fund? SPMO is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPMO's is 0.13%) because there's no security selection cost. ### When was SPMO launched? Invesco S&P 500 Momentum ETF (SPMO) launched in October 2015 and is managed by Invesco. ### How has SPMO performed? SPMO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SPMO pay a dividend? Invesco S&P 500 Momentum ETF (SPMO) currently distributes little or no income. Trailing-twelve-month yield is 0.79%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SPMO pay dividends? Invesco S&P 500 Momentum ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SPMO's dividend yield? SPMO's trailing-twelve-month yield is 0.79%, calculated from the sum of dividends over the past year divided by the current price. ### When is SPMO's next ex-dividend date? The most recently announced ex-dividend date for SPMO was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SPMO's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.13% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SPMO charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPMO's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SPMO cost more than a fund like VOO? SPMO is a passive index fund (current expense ratio 0.13%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SPMO? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SPMO (0.13%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/spmo - Distribution history: https://www.dividenddata.com/funds/spmo/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spmo/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spmo/expenses - Peer comparison: https://www.dividenddata.com/funds/spmo/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.