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 MTUM.
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.
Track the MSCI USA Momentum SR Variant Index, emphasizing U.S. stocks with high momentum characteristics.
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
04/16/2013
10/09/2015
Beta
1.24
1.28
Last dividend
$0.3580
$0.2450
Ex-dividend date
06/15/2026
06/22/2026
Bottom lineMTUM and SPMO are nearly interchangeable — both offer very similar large cap momentum exposure with very similar cost and risk. The clearest tie-breaker is cost: SPMO is cheaper at 0.13% vs 0.15%.
Most used
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Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
MTUM (iShares MSCI USA Momentum Factor ETF) and SPMO (Invesco S&P 500 Momentum ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
SPMO offers the higher yield at 0.64% vs 0.45% for MTUM. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SPMO is cheaper with an expense ratio of 0.13% compared to 0.15%.
They track different benchmarks: MTUM is linked to MSCI USA Momentum SR Variant Index while SPMO tracks S&P 500 Momentum Index, which means their performance drivers differ.
MTUM is the larger fund by assets ($27.0B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, MTUM would generate roughly $3.75/month, while SPMO would produce $5.33/month, at current distribution rates. Both pay quarterly distributions.
MTUM yield0.45%
SPMO yield0.64%
Monthly diff on $10K$1.58
Cost & efficiency
Over 10 years on $10,000, MTUM would cost approximately $150 in fees vs $130 for SPMO (simplified, not compounded). The $20.00 difference may be offset by yield or performance.
MTUM ER0.15%
SPMO ER0.13%
Strategy & risk
MTUM tracks MSCI USA Momentum SR Variant Index with an index approach, while SPMO tracks S&P 500 Momentum Index with an index approach. Beta is 1.24 for MTUM and 1.28 for SPMO, indicating MTUM is less volatile relative to the market.
MTUM beta1.24
SPMO beta1.28
Fund details
MTUM is managed by iShares (launched 04/16/2013) with $27.0B in assets. SPMO is managed by Invesco (launched 10/09/2015) with $20.3B in assets.
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Frequently asked questions
Is MTUM or SPMO better for dividend income?
It depends on your goals. SPMO 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 MTUM and SPMO?
MTUM (iShares MSCI USA Momentum Factor ETF) tracks MSCI USA Momentum SR Variant Index with an index approach, 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 MTUM 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, MTUM or SPMO?
MTUM has an expense ratio of 0.15% 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 MTUM vs SPMO generate?
At current rates, $10,000 in MTUM would generate roughly $3.75 per month ($45.00 annually). The same in SPMO would produce about $5.33 per month ($64.00 annually).
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