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 VUG.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
SPMO (Invesco S&P 500 Momentum ETF) and VUG (Vanguard Growth ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
SPMO offers the higher yield at 0.64% vs 0.42% for VUG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
VUG is cheaper with an expense ratio of 0.04% compared to 0.13%.
They track different benchmarks: SPMO is linked to S&P 500 Momentum Index while VUG tracks CRSP US Large Cap Growth Index, which means their performance drivers differ.
VUG is the larger fund by assets ($222B), 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 VUG would produce $3.50/month, at current distribution rates. Both pay quarterly distributions.
SPMO yield0.64%
VUG yield0.42%
Monthly diff on $10K$1.83
Cost & efficiency
Over 10 years on $10,000, SPMO would cost approximately $130 in fees vs $40 for VUG (simplified, not compounded). The $90.00 difference may be offset by yield or performance.
SPMO ER0.13%
VUG ER0.04%
Strategy & risk
SPMO tracks S&P 500 Momentum Index with an index approach, while VUG tracks CRSP US Large Cap Growth Index with a growth approach. Beta is 1.28 for SPMO and 1.26 for VUG, indicating VUG is less volatile relative to the market.
SPMO beta1.28
VUG beta1.26
Fund details
SPMO is managed by Invesco (launched 10/09/2015) with $20.3B in assets. VUG is managed by Vanguard (launched 01/26/2004) with $222B in assets.
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Frequently asked questions
Is SPMO or VUG 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 SPMO and VUG?
SPMO (Invesco S&P 500 Momentum ETF) tracks S&P 500 Momentum Index with an index approach, while VUG (Vanguard Growth ETF) tracks CRSP US Large Cap Growth Index with a growth approach. They are issued by Invesco and Vanguard respectively.
Can I hold both SPMO and VUG?
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 VUG?
SPMO has an expense ratio of 0.13% while VUG charges 0.04%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in SPMO vs VUG generate?
At current rates, $10,000 in SPMO would generate roughly $5.33 per month ($64.00 annually). The same in VUG would produce about $3.50 per month ($42.00 annually).
Explore related screeners
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