SPMO vs VTI
Invesco S&P 500 Momentum ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, SPMO or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. SPMO led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SPMO | VTI |
|---|---|---|
| Expense Ratio | 0.13% | 0.03%Best |
| AUM | $22.1B | $666.9B |
| Dividend Yield | 0.73% | 1.07% |
| Holdings | 101 | 3,543 |
| YTD Return | +23.72%Best | +13.95% |
| 1Y Return | +28.60%Best | +21.44% |
| 3Y Return (annualized) | +37.10%Best | +21.10% |
| 5Y Return (annualized) | +19.52%Best | +11.77% |
| Volatility (annualized) | 17.5% | 15.5%Best |
| Max Drawdown | -31.3%Best | -35.0% |
| $10,000 over 5 years | $24,390Best | $17,443 |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 9, 2015 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2015 to Sep 3, 2026 (10.9 years).
SPMO vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 10.9 years both funds cover.
SPMO vs VTI Performance
Invesco S&P 500 Momentum ETF (SPMO) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year SPMO returned +28.60% while VTI returned +21.44%. Year to date, SPMO is up 23.72% versus a gain of 13.95% for VTI.
Over three years, SPMO compounded at +37.10% per year against +21.10% for VTI; over five years the annualized figures are +19.52% and +11.77% respectively. Across the full 11-year window we track, SPMO has the edge at +18.23% annualized vs +13.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPMO has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 15.5% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -31.3% for SPMO and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPMO charges 0.13% per year while VTI charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, SPMO currently yields 0.73% against 1.07% for VTI.
Holdings Overlap
At least 99.1% of SPMO's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 92.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of SPMO is already inside VTI. Owning both mostly buys the same companies twice.
92 positions in common, counted across the 100 positions we hold weights for in SPMO and 2,787 in VTI, against full books of 101 and 3,543.
What only one of them owns
Measured across the 100 and 2,787 positions we hold weights for.
VTI holds 594 positions SPMO does not, 58.5% of the fund.
Largest: AAPL 5.84%, MSFT 3.81%, AMZN 3.17%, META 1.70%, TSLA 1.63%
Top Shared Holdings
| Stock | Weight in SPMO | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.45% | 6.32% | 2.13% |
| MUMicron Technology, Inc. | 9.81% | 1.79% | 8.02% |
| AVGOBroadcom Inc | 7.06% | 2.46% | 4.60% |
| GOOGLAlphabet Inc.Class A | 4.75% | 2.88% | 1.87% |
| GOOGAlphabet Inc. C | 3.78% | 2.27% | 1.51% |
| AMDAdvanced Micro Devices Inc | 4.14% | 1.30% | 2.84% |
| JNJJohnson & Johnson - Common | 4.34% | 0.84% | 3.50% |
| LRCXLrcx Uw Equity | 3.51% | 0.74% | 2.77% |
| XOMExxon Mobil Corp. | 2.93% | 0.78% | 2.15% |
| INTCIntel Corporation | 2.58% | 0.77% | 1.81% |
99.1% of SPMO is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPMO or VTI?
SPMO has an expense ratio of 0.13% while VTI charges 0.03%. VTI is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, SPMO or VTI?
Over the past year SPMO returned +28.60% vs +21.44% for VTI, so SPMO leads on 1-year performance. Over the longest common window we track (11 years), SPMO annualized +18.23% vs +13.47% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPMO or VTI?
SPMO has been the more volatile fund at 17.5% annualized versus 15.5% for VTI. Worst drawdown: SPMO -31.3% vs VTI -35.0%.
Should I hold both SPMO and VTI?
SPMO and VTI have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPMO and VTI?
At least 99.1% of SPMO's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 92 positions in common, counted across the 100 positions we hold weights for in SPMO and 2,787 in VTI.
Which pays a higher dividend, SPMO or VTI?
SPMO yields 0.73% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
Is VTI better than SPMO?
VTI has a lower expense ratio. SPMO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.