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SPMOvsTHROETF Comparison

ETF 1
SPMO

Invesco S&P 500® Momentum ETF

This fund is part of
US Multi-Factor
+0.63%
VS
ETF 2
THRO

iShares U.S. Thematic Rotation Active ETF

This fund is part of
Multiple Trends
+0.97%

Invesco S&P 500® Momentum ETF (SPMO) belongs to the US Multi-Factor segment. iShares U.S. Thematic Rotation Active ETF (THRO) is part of the Multiple Trends segment. SPMO's top 3 sector exposures are Technology, Industrials and Healthcare. In contrast, THRO's top sector exposures are Technology, Consumer Non-Cyclicals and Finance. SPMO is less expensive with a Total Expense Ratio (TER) of 0.13%, versus 0.57% for THRO. SPMO is up 24.09% year-to-date (YTD) with +$5.66B in YTD flows. THRO performs worse with 14.05% YTD performance, and -$1.54B in YTD flows. Run a side-by-side ETF comparison of SPMO and THRO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SPMO vs THRO performance and flow charts

Performance

-2.0-1.00.01.02.03.04.0%Aug 11Aug 18Aug 25Sep 1Sep 9

Cumulative Flows

0 M200 M400 M600 M800 M1,000 MAug 11Aug 18Aug 25Sep 1Sep 9

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Historic performance and flows
Data as of 09/10/2026
1M3MYTD1Y3Y5Y
Perf.
SPMO
THRO
-0.83%-0.21%
+2.69%+3.49%
+24.09%+14.05%
+24.39%+17.40%
+155.26%+82.92%
+148.17%n/a
Flows
SPMO
THRO
+$1.06B+$135M
+$2.73B+$133M
+$5.66B-$1.54B
+$6.57B-$217M
+$16.69B+$5.06B
+$16.81B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
SPMO
THRO
+33.73%+13.67%
+24.44%+14.60%
+21.97%+16.23%
+20.75%n/a
Max drawdown
SPMO
THRO
-15.67%-5.22%
-15.67%-10.86%
-20.01%-19.10%
-22.63%n/a
Max drawdown duration
SPMO
THRO
72d49d
72d77d
88d154d
707dn/a
Trading data

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SPMO
THRO
Last sale
9/11/2026 at 1:30 PM
$148.31
$43.92
Previous close
09/10/2026
$147.53
$43.51
Consolidated volume
09/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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THRO
is actively managed and doesn’t replicate an index

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SPMO
THRO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
SPMO
THRO
Last price
$148.31
$43.92
1D performance
+0.53%
+0.94%
AuM$22.53 B$6.84 B
E/R0.13%0.57%
Characteristics
SPMO
THRO
Management strategyPassiveActive
ProviderInvescoiShares
BenchmarkS&P 500 Momentum Index-
N° of holdings97239
Asset classEquities-
Trailing 12m distribution yield
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Inception dateOctober 9, 2015December 16, 2021
ESGNoNo
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Exposure

Countries

SPMO
USA
97.39%
Other
2.61%
THRO
USA
97.86%
Other
2.14%

Sectors

SPMO
Technology
56.13%
Industrials
13.53%
Healthcare
7.87%
Finance
7.58%
Other
14.89%
THRO
Technology
48.66%
Consumer Non-Cycl.
11.57%
Finance
10.95%
Industrials
8.83%
Healthcare
7.38%
Other
12.61%
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Diversification

SPMO

Total weight of top 15 holdings out of 15

60.69%
THRO

Total weight of top 15 holdings out of 15

54.3%

Top 15 holdings

Data as of July 31, 2026
SPMO
Micron Technology, Inc.
9.01%
NVIDIA Corp.
8.40%
Broadcom Inc.
6.93%
Johnson & Johnson
5.01%
Alphabet, Inc.
4.70%
Advanced Micro Devices, Inc.
3.80%
Alphabet, Inc.
3.75%
ExxonMobil Holdings Corp.
3.31%
Lam Research Corp.
3.10%
Caterpillar, Inc.
2.57%
Intel Corp.
2.33%
Cisco Systems, Inc.
2.08%
GE Aerospace
1.95%
Applied Materials, Inc.
1.90%
RTX Corp.
1.85%
THRO
Apple, Inc.
8.89%
NVIDIA Corp.
7.36%
Microsoft Corp.
6.34%
Amazon.com, Inc.
4.97%
Alphabet, Inc.
4.10%
JPMorgan Chase & Co.
3.34%
Broadcom Inc.
2.75%
Micron Technology, Inc.
2.30%
ExxonMobil Holdings Corp.
2.28%
Caterpillar, Inc.
2.15%
Johnson & Johnson
2.12%
Alphabet, Inc.
2.05%
Walmart, Inc.
2.04%
RTX Corp.
1.80%
Visa, Inc.
1.80%
Frequently asked questions about SPMO and THRO

How have the SPMO and THRO ETFs performed in 2026?

As of September 10, 2026, SPMO is up 24.09% year-to-date (YTD), while THRO has returned 14.05%. That puts SPMO better performer ahead so far this year.

Which ETF is attracting more investor money: SPMO or THRO?

Year-to-date, the SPMO ETF saw +$5.66B in flows, compared to -$1.54B for THRO.

Which ETF is more volatile: SPMO or THRO?

Over the past year, SPMO had a volatility of 24.44%, while THRO experienced 14.6%.

Which ETF is bigger: SPMO or THRO?

As of September 10, 2026, SPMO holds $22.53 B in assets under management (AUM), while THRO manages $6.84 B.

What sectors do the SPMO and THRO ETFs invest in?

SPMO leans toward sectors like Technology, Industrials and Healthcare. Meanwhile, THRO focuses on Technology, Consumer Non-Cyclicals and Finance.

What are the top holdings of the SPMO ETF and THRO ETF?

SPMO top holdings include Micron Technology, Inc., NVIDIA Corp. and Broadcom Inc.. THRO holds in its top three: Apple, Inc., NVIDIA Corp. and Microsoft Corp..

Which ETF is more diversified: SPMO or THRO?

SPMO holds 99 securities with 60.69% of its assets in the top 15. THRO has 241 securities and a top 15 weight of 54.3%.

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