DWAS VS SPMO
4 min read
By Beqa Bumbeishvili, ETF Insider

DWAS VS SPMO

Exchange-Traded Funds (ETFs) have transformed the world of investments, offering diversified exposure to various sectors and asset classes. In this article, we will provide an in-depth comparison between two prominent ETFs: DWAS (Invesco DWA SmallCap Momentum ETF) and SPMO (Invesco S&P 500 Momentum ETF). We'll explore various aspects, including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

DWAS VS SPMO: Overview

DWAS and SPMO are two ETFs that cater to different investment strategies. While DWAS focuses on small-cap stocks with strong momentum, SPMO tracks momentum within the S&P 500 index. These differing approaches lead to distinct exposures and potential returns, which we will delve into in the following sections.

DWAS VS SPMO: ETF Tickers and Full Names

DWAS is represented by the ticker symbol DWAS, with the full name being Invesco DWA SmallCap Momentum ETF. On the other hand, SPMO is identified by the ticker symbol SPMO, and its full name is Invesco S&P 500 Momentum ETF. Understanding these identifiers is crucial for investors looking to trade or research these ETFs.

DWAS overlap DWAS VS SPMODWAS overlap DWAS VS SPMO

DWAS VS SPMO: ETF Issuers

Both DWAS and SPMO are managed by Invesco, a reputable investment management company. Invesco's expertise and experience play a significant role in shaping the strategies and performance of these ETFs. Knowing the issuer is essential when evaluating an ETF's reliability and trustworthiness.

DWAS VS SPMO: ETF Sectors and Top Holdings

DWAS predominantly focuses on the small-cap segment of the market, with holdings in companies like Natera Inc., Callon Petroleum Co., and Accelerate Diagnostics Inc. In contrast, SPMO tracks momentum within the S&P 500 index, which includes leading companies from various sectors such as technology, healthcare, and consumer discretionary. Recognizing the sectors and top holdings is crucial for investors to align their investment goals with an ETF's portfolio.

DWAS VS SPMO: ETF Capitalization and Strategy

DWAS, with its focus on small-cap stocks, typically has a lower capitalization or asset under management (AUM) compared to SPMO, which tracks a broad index like the S&P 500. DWAS's investment strategy centers on identifying small-cap companies with strong momentum, while SPMO's strategy revolves around capturing momentum within the larger S&P 500 universe. Investors should assess the difference in capitalization and strategy to make informed investment decisions.

DWAS VS SPMO: ETF Tracking and Exposure

DWAS aims to provide investors with exposure to the momentum-driven performance of small-cap stocks. Its tracking method involves selecting stocks with the highest relative strength characteristics. On the other hand, SPMO seeks to capture momentum within the S&P 500 by emphasizing stocks with strong price momentum. Understanding these tracking and exposure strategies is vital for investors seeking to align their portfolios with specific market trends.

Conclusion

DWAS and SPMO are distinct ETFs, each offering a unique approach to capturing momentum in the market. For investors looking to gain deeper insights into their holdings, correlations, overlaps, and various financial instruments, ETF Insider provides an excellent tool. This user-friendly app offers comprehensive details on these and other investment options.

Disclaimer: This article does not provide any investment advisory services.

DWAS ETF issuer
DWAS ETF official page

Get started