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Invesco S&P 500 Momentum ETF (SPMO) is vastly outperforming the broader S&P 500 with a 30% YTD return. The fund tracks top momentum leaders, with its largest holdings currently in Micron, Nvidia, and…
Vanguard's Momentum ETF (VFMO) outperforms the S&P 500 in 2026, driven by AMD's strong momentum, while Nvidia has dropped out due to underperformance versus the broader market.
Article highlights Invesco S&P 500 Momentum ETF (SPMO) outperforming SPY via concentrated momentum stocks like Nvidia, but warns of risks if the AI-driven rally reverses sharply.
SPMO (momentum-tilted S&P 500 ETF) has outperformed SPY by wide margins in 2026 and over multiple periods, though it carries higher concentration, turnover, and short-term volatility risk.