ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Schwab is known for offering low-cost, broad-based ETFs that serve both core portfolio holdings and specialized investment strategies. Their 33-fund lineup spans multiple asset classes including bonds, equities, international markets, digital assets, and factor-based strategies, with a notable emphasis on dividend-focused funds like SCHD alongside core index options. The issuer emphasizes accessibility for individual investors through competitive expense ratios and a diverse range of fund families designed to support various investment objectives.
See our curated list of related YouTube videos on SCHG.
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.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
SCHG (Schwab U.S. Large-Cap Growth 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 0.39% for SCHG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SCHG is cheaper with an expense ratio of 0.04% compared to 0.13%.
They track different benchmarks: SCHG is linked to Dow Jones U.S. Large-Cap Growth Total Stock Market Index while SPMO tracks S&P 500 Momentum Index, which means their performance drivers differ.
SCHG is the larger fund by assets ($58.4B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, SCHG would generate roughly $3.25/month, while SPMO would produce $5.33/month, at current distribution rates. Both pay quarterly distributions.
SCHG yield0.39%
SPMO yield0.64%
Monthly diff on $10K$2.08
Cost & efficiency
Over 10 years on $10,000, SCHG would cost approximately $40 in fees vs $130 for SPMO (simplified, not compounded). The $90.00 difference may be offset by yield or performance.
SCHG ER0.04%
SPMO ER0.13%
Strategy & risk
SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation approach, while SPMO tracks S&P 500 Momentum Index with an index approach. Beta is 1.21 for SCHG and 1.28 for SPMO, indicating SCHG is less volatile relative to the market.
SCHG beta1.21
SPMO beta1.28
Fund details
SCHG is managed by Schwab (launched 12/11/2009) with $58.4B in assets. SPMO is managed by Invesco (launched 10/09/2015) with $20.3B in assets.
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Frequently asked questions
Is SCHG 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 SCHG and SPMO?
SCHG (Schwab U.S. Large-Cap Growth ETF) tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation approach, while SPMO (Invesco S&P 500 Momentum ETF) tracks S&P 500 Momentum Index with an index approach. They are issued by Schwab and Invesco respectively.
Can I hold both SCHG 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, SCHG or SPMO?
SCHG has an expense ratio of 0.04% 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 SCHG vs SPMO generate?
At current rates, $10,000 in SCHG would generate roughly $3.25 per month ($39.00 annually). The same in SPMO would produce about $5.33 per month ($64.00 annually).
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