IMTM VS SPMO
3 min read
By Beqa Bumbeishvili, ETF Insider

IMTM VS SPMO

Exchange-Traded Funds (ETFs) have gained significant popularity in the world of finance, providing investors with diversified exposure to various sectors and assets. In this article, we will conduct a thorough comparison between two noteworthy ETFs: IMTM (iShares Edge MSCI Intl Momentum Factor ETF) and SPMO (Invesco S&P 500 Momentum ETF). We will explore their ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategies, tracking methods, and exposure.

IMTM vs. SPMO: Overview

IMTM and SPMO are distinct ETFs that target different segments of the market. IMTM focuses on international momentum stocks, while SPMO tracks momentum within the S&P 500 index. This fundamental difference in their investment approach leads to varying risk and return profiles, which we will delve into in the subsequent sections.

IMTM vs. SPMO: Sectors and Top Holdings

IMTM is designed to capture momentum in international equities and includes holdings in companies such as Alibaba Group Holding Ltd., Taiwan Semiconductor Manufacturing Co., and Samsung Electronics Co., among others. On the other hand, SPMO is concentrated within the S&P 500 and holds stocks like Apple Inc., Microsoft Corporation, and Amazon.com Inc. Understanding the sectors and top holdings of these ETFs is crucial for investors seeking exposure to specific regions or industries.

IMTM overlap IMTM VS SPMOIMTM overlap IMTM VS SPMO

IMTM vs. SPMO: Capitalization and Strategy

IMTM boasts a considerable asset under management (AUM), reflecting investor interest in international momentum stocks. SPMO's strategy revolves around identifying and capitalizing on momentum trends within the S&P 500 index. The difference in AUM and investment strategy can lead to different risk-return dynamics, making it essential for investors to align their investment goals with the chosen ETF.

IMTM vs. SPMO: Tracking and Exposure

IMTM aims to provide investors with exposure to the momentum factor in international stocks. Its tracking method involves following an MSCI index that screens for momentum characteristics. In contrast, SPMO tracks the performance of the S&P 500 Momentum Index, which includes U.S. stocks exhibiting strong momentum. Understanding the tracking and exposure methods is vital for investors to make informed decisions based on their investment preferences.

Conclusion

IMTM and SPMO represent two distinctive ETFs, each catering to different aspects of the market. For those seeking deeper insights into ETFs, including detailed holdings, correlations, overlaps, and more, ETF Insider offers a user-friendly app that provides comprehensive information on various financial instruments.

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

IMTM ETF issuer
IMTM ETF official page

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