A head-to-head comparison of Invesco S&P 500 Momentum ETF and Vanguard U.S. Momentum Factor ETF ETF Shares covering yield, cost, risk, and income potential.
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.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Vanguard is known for offering low-cost, passively managed ETFs that emphasize broad market exposure and long-term investing. The company operates 175 ETFs across diverse fund families including Index, Bond, Equity, Dividend, Income, International, Factor, and ESG strategies, serving investors with various goals from core portfolio building to specialized income generation. Notable for its scale and popular tickers like VB (total U.S. small-cap), BND (total bond market), and VBIAX (international bonds), Vanguard focuses on providing comprehensive, index-based investment solutions with an emphasis on cost efficiency and accessibility.
See our curated list of related YouTube videos on VFMO.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
SPMO (Invesco S&P 500 Momentum ETF) and VFMO (Vanguard U.S. Momentum Factor ETF ETF Shares) are both quarterly-pay dividend ETFs, but they take different approaches.
VFMO offers the higher yield at 0.80% vs 0.64% for SPMO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SPMO is the larger fund by assets ($20.3B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, SPMO would generate roughly $5.33/month, while VFMO would produce $6.67/month, at current distribution rates. Both pay quarterly distributions.
SPMO yield0.64%
VFMO yield0.80%
Monthly diff on $10K$1.33
Cost & efficiency
Over 10 years on $10,000, SPMO would cost approximately $130 in fees vs $130 for VFMO (simplified, not compounded). Both charge the same expense ratio.
SPMO ER0.13%
VFMO ER0.13%
Strategy & risk
SPMO tracks S&P 500 Momentum Index with an index approach, while VFMO is an ETF. Beta is 1.28 for SPMO and 1.32 for VFMO, indicating SPMO is less volatile relative to the market.
SPMO beta1.28
VFMO beta1.32
Fund details
SPMO is managed by Invesco (launched 10/09/2015) with $20.3B in assets. VFMO is managed by Vanguard (launched 02/13/2018) with $1.79B in assets.
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Frequently asked questions
Is SPMO or VFMO better for dividend income?
It depends on your goals. VFMO 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 SPMO and VFMO?
SPMO (Invesco S&P 500 Momentum ETF) tracks S&P 500 Momentum Index with an index approach, while VFMO (Vanguard U.S. Momentum Factor ETF ETF Shares) is an ETF. They are issued by Invesco and Vanguard respectively.
Can I hold both SPMO and VFMO?
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, SPMO or VFMO?
SPMO and VFMO both charge the same expense ratio of 0.13%, so neither is cheaper on fees — pick based on yield, strategy, or underlying index instead.
How much income does $10,000 in SPMO vs VFMO generate?
At current rates, $10,000 in SPMO would generate roughly $5.33 per month ($64.00 annually). The same in VFMO would produce about $6.67 per month ($80.00 annually).
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