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FMCX vs SPMO

FM Focus Equity ETF vs Invesco S&P 500 Momentum ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

SPMO

Invesco S&P 500 Momentum ETF

Invesco

Annual cost

0.13%

Fund size

$16.0B

Key differences

  • SPMO costs 0.58% less per year.
  • SPMO is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; SPMO uses index tracking.
  • Over the last 3 years, SPMO has delivered higher annualized returns.
  • SPMO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXSPMO
Annual cost (TER)0.71%0.13%
Fund size (AUM)$115M$16.0B
Since20222015
Dividend yield0.34%0.76%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+42.0%
CAGR 3Y+17.2%+39.6%
CAGR 5YN/A+23.3%
Sharpe 3Y0.951.64
Volatility 1Y12.96%17.45%
Max drawdown-17.70%-30.95%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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