ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
iShares is one of the largest ETF providers globally, known for offering a broad, diversified lineup of exchange-traded funds across multiple asset classes and investment strategies. The company operates 215 funds spanning 15 distinct families, including popular offerings in dividend income, covered call strategies, bonds, equities, ESG-focused investments, and factor-based approaches, with widely-held tickers like AGG (bond), ACWI (global equity), and AOA (allocation). iShares is characterized by its comprehensive fund ecosystem that serves both core portfolio holdings and specialized investment strategies, making it a prominent player for investors seeking both traditional and alternative income-generating ETF solutions.
See our curated list of related YouTube videos on DGRO.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Invesco is a major player in the ETF space known for offering a broad, diversified lineup of 71 funds spanning multiple investment themes and strategies. Their portfolio spans income-focused funds, factor-based equity strategies, commodity exposure, digital assets, ESG investing, and the popular Invesco QQQ family tracking the Nasdaq-100, serving both income-seeking and growth-oriented investors. The issuer is particularly recognized for specialized offerings like BulletShares (laddered bond funds), sector rotation strategies, and thematic investing options, making it a comprehensive choice for investors seeking varied exposures beyond traditional index funds.
See our curated list of related YouTube videos on SPMO.
Basket (Growth-focused dividend equity holdings by BlackRock)
S&P 500 Momentum Index
Objective
Seeks to track the investment results of the Morningstar U.S. Dividend Growth Index, which measures the performance of U.S. equities with a history of consistently growing dividends. Companies must have a payout ratio less than 75% and are excluded if in the top decile based on dividend yield.
Track the S&P 500 Momentum Index, providing factor exposure to the highest momentum names within the S&P 500.
Asset class
Equity
Equity
Inception date
06/10/2014
10/09/2015
Beta
0.68
1.28
Last dividend
$0.3310
$0.2450
Ex-dividend date
06/15/2026
06/22/2026
Bottom lineChoose DGRO if you want higher current income (1.73% vs 0.64% for SPMO). Choose SPMO if you want broad equity exposure.
Most used
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Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
DGRO (iShares Core Dividend Growth ETF) and SPMO (Invesco S&P 500 Momentum ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
DGRO offers the higher yield at 1.73% vs 0.64% for SPMO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
DGRO is cheaper with an expense ratio of 0.08% compared to 0.13%.
They track different benchmarks: DGRO is linked to Basket (Growth-focused dividend equity holdings by BlackRock) while SPMO tracks S&P 500 Momentum Index, which means their performance drivers differ.
DGRO is the larger fund by assets ($40.6B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, DGRO would generate roughly $14.42/month, while SPMO would produce $5.33/month, at current distribution rates. Both pay quarterly distributions.
DGRO yield1.73%
SPMO yield0.64%
Monthly diff on $10K$9.08
Cost & efficiency
Over 10 years on $10,000, DGRO would cost approximately $80 in fees vs $130 for SPMO (simplified, not compounded). The $50.00 difference may be offset by yield or performance.
DGRO ER0.08%
SPMO ER0.13%
Strategy & risk
DGRO tracks Basket (Growth-focused dividend equity holdings by BlackRock), while SPMO tracks S&P 500 Momentum Index with an index approach. Beta is 0.68 for DGRO and 1.28 for SPMO, indicating DGRO is less volatile relative to the market.
DGRO beta0.68
SPMO beta1.28
Fund details
DGRO is managed by iShares (launched 06/10/2014) with $40.6B in assets. SPMO is managed by Invesco (launched 10/09/2015) with $20.3B in assets.
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Frequently asked questions
Is DGRO or SPMO better for dividend income?
It depends on your goals. DGRO currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between DGRO and SPMO?
DGRO (iShares Core Dividend Growth ETF) tracks Basket (Growth-focused dividend equity holdings by BlackRock), while SPMO (Invesco S&P 500 Momentum ETF) tracks S&P 500 Momentum Index with an index approach. They are issued by iShares and Invesco respectively.
Can I hold both DGRO and SPMO?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, DGRO or SPMO?
DGRO has an expense ratio of 0.08% while SPMO charges 0.13%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in DGRO vs SPMO generate?
At current rates, $10,000 in DGRO would generate roughly $14.42 per month ($173.00 annually). The same in SPMO would produce about $5.33 per month ($64.00 annually).
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