Alternatives
Best SPMO Alternatives in 2026
U.S. momentum factor ETFs to consider alongside Invesco SPMO.
Data updated August 2026 · 9 ETFs
Who this page is for
Best for
- SPMO holders comparing similar funds, fees, payouts, and strategy design
- Factor investors comparing momentum definitions, rebalance rules, and concentration
- Investors who will compare total return and NAV trend alongside distribution rate
Not a fit for
- Investors seeking a stable sector mix or broad market-cap-weighted exposure
- Anyone treating a current distribution rate as guaranteed future income
- Investors choosing from headline yield alone without reviewing the underlying exposure
Analysis
SPMO selects roughly 100 S&P 500 stocks with strong momentum scores. MTUM draws from a broader U.S. large- and mid-cap universe, while VFMO uses an actively implemented Vanguard factor process. PDP, QMOM, FDMO, and JMOM each define and rebalance momentum differently. Those rules can create large differences in sector weights, turnover, tax efficiency, and the speed at which a portfolio reacts when market leadership reverses. A useful comparison looks past recent performance to the index methodology, concentration, trading costs, and behavior during momentum crashes.
See this list inside your portfolio
A ranked list is a starting point. Dividend Vision turns it into a plan — forecasting the income your holdings actually generate and putting each fund's yield next to its total return and risk.
- Income forecasting — know what your holdings pay monthly, quarterly, and yearly
- Yield vs. total return — weigh each distribution against price performance, not the headline rate
- Screen & compare — line up any income ETFs side by side on yield, cost, and strategy
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- AI ETF comparison — ask plain-language questions to compare yield, risk, and income potential
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Top picks
Top 3 SPMO alternatives by assets under management.
Yield distribution
Expense ratio distribution
Income projection
Estimated income if the current average distribution rate of 0.63% held for a full year with share prices unchanged. Distribution rate is not total return—a fund can pay a large distribution while its share price falls—so treat these as an upper-bound illustration, not a forecast.
| Investment | Annual income | Monthly income | Weekly income |
|---|---|---|---|
| $10,000 | $63 | $5 | $1 |
| $25,000 | $159 | $13 | $3 |
| $50,000 | $317 | $26 | $6 |
| $100,000 | $634 | $53 | $12 |
Issuer breakdown
Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.
All 9 ETFs
| Ticker | Name | Issuer | Yield | Expense ratio | AUM | Frequency |
|---|---|---|---|---|---|---|
| MTUM | iShares MSCI USA Momentum Factor ETF | iShares | 0.48% | 0.15% | $25.3B | Quarterly |
| JMOM | JPMorgan U.S. Momentum Factor ETF | JPMorgan | 0.76% | 0.12% | $2.4B | Quarterly |
| VFMO | Vanguard U.S. Momentum Factor ETF ETF Shares | Vanguard | 0.85% | 0.13% | $1.9B | Quarterly |
| PDP | Invesco DWA Momentum ETF | Invesco | 0.08% | 0.62% | $1.4B | Quarterly |
| FDMO | Fidelity® Momentum Factor ETF | Fidelity Investments | 0.65% | 0.15% | $901M | Quarterly |
| QMOM | Alpha Architect U.S. Quantitative Momentum ETF | Alpha Architect | 0.48% | 0.29% | $424M | Annual |
| MMTM | SPDR® S&P 1500 Momentum Tilt ETF | State Street | 1.16% | 0.12% | $158M | Quarterly |
| ONEO | SPDR® Russell 1000 Momentum Focus ETF | State Street | 1.21% | 0.20% | $29M | Quarterly |
| AMOM | QRAFT AI-Enhanced U.S. Large Cap Momentum ETF | Exchange Traded Concepts | 0.04% | 0.75% | $22M | Quarterly |
Frequently asked questions
What are the best spmo alternatives?
This page lists the top 9 ETFs in this category ranked by key metrics. The list includes funds from issuers like iShares, JPMorgan, Vanguard, Invesco, Fidelity Investments and more.
How often is this list updated?
The data on this page is refreshed regularly using the latest available distribution rates, expense ratios, and AUM figures. Last updated August 2026.
What is the average yield of these ETFs?
The average distribution yield across the 9 ETFs on this list is 0.63%. Individual yields range from 0.04% to 1.21%.
What is the closest alternative to SPMO?
MTUM is the largest direct U.S. momentum-factor comparison. VFMO, FDMO, and JMOM offer other diversified U.S. implementations with different selection and rebalance methods.
What should I compare when choosing a SPMO alternative?
Compare the eligible universe, momentum lookback, rebalance frequency, sector caps, number of holdings, turnover, expense ratio, valuation, and drawdowns after trend reversals.
Does a higher-yielding SPMO alternative produce a better return?
Not necessarily. Distribution rate measures cash paid, not wealth created. Compare total return, NAV trend, fees, distribution composition, and the amount of upside surrendered by any options overlay.
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The metrics and risks behind this list, explained in the Academy.
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Import or build a portfolio to see income forecasts, upcoming distributions, income concentration, and risk across everything you own — and where a fund's yield and total return diverge.
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