Invesco S&P 500 Momentum ETF

Invesco Exchange-Traded Fund Trust II · Series S000050154 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:SPMO
$19.89B NAV
102 positions · as of 2026-05-31 · filed 2026-07-28
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2025 Q4

The Invesco S&P 500 Momentum ETF (the Fund) seeks to track the investment results (before fees and expenses) of the S&P 500 Momentum Index (the Underlying Index).

Strategy · summarised

The fund tracks the S&P 500 Momentum Index through full replication, holding all approximately 100 constituent stocks weighted by market capitalization multiplied by their momentum score, which is derived from 12-month price change adjusted for volatility. Because the fund is non-diversified, it is not required to meet diversification requirements under the Investment Company Act of 1940. Concentration in any single industry reflects only the index's own concentration in that industry.

Expenses
0.13%one share class
Share classExpense ratio
SPMO0.13%

Portfolio turnover 44.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.33%
of net assets
Stocks100.06%
Cash & short-term0.27%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 53 new54 exited

Largest new: MU, GOOG, AMD, JNJ, LRCX, INTC, XOM, CAT

Largest exited: META, JPM, WMT, NFLX, V, ORCL, T, WFC

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+42.53%
3-year
+144.93%
5-year
+152.99%
Volatility
23.07%
Worst 3-yr fall
-7.41%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Micron Technology, Inc.MU10.73%$2.13B
NVIDIA Corp.NVDA8.46%$1.68B
Broadcom Inc.AVGO7.58%$1.51B
Alphabet Inc.GOOGL4.81%$957.08M
Advanced Micro Devices, Inc.AMD4.14%$824.04M
Johnson & JohnsonJNJ3.85%$766.55M
Alphabet Inc.GOOG3.81%$759.02M
Lam Research Corp.LRCX3.54%$703.89M
Intel Corp.INTC2.95%$587.77M
Exxon Mobil Corp.XOM2.78%$553.04M
Showing 10 of 102Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 52.66% of net assets, top 25 77.54%, across 100 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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