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A 37% annualized three-year return puts the Invesco S&P 500 Momentum ETF (NYSEMKT: SPMO) ahead of both the Nasdaq-100 and the S&P 500 over that stretch, according to Motley Fool analysis.
The fund has also delivered roughly 20% annualized over both the five- and ten-year windows, with the decade-long figure essentially matching the Invesco QQQ Trust (NASDAQ: QQQ), which tracks the Nasdaq-100.
Return profile by period | Period | SPMO annualized return | vs.
benchmarks | |---|---|---| | 3-year | 37% (reported) | ahead of Nasdaq-100 and S&P 500 | | 5-year | 20% (reported) | ahead of Nasdaq-100 and S&P 500 | | 10-year | 20% (reported) | essentially equal to QQQ | The compression across periods is the first thing to clock.
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