Invesco S&P 500 Momentum ETF
Invesco S&P 500 Momentum ETF (AMEX: SPMO) is an exchange-traded fund listed on NYSE Arca, trading at $151.18 (about ₹14,524 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.13% and holds 99 securities. Indian residents can buy SPMO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$149.73
Today's high
$152.60
52 week low
$107.24
52 week high
$162.30
SPMO opened at $152.08, closed previously at $152.92, and has traded between $107.24 and $162.30 over the past 52 weeks.
About
The Invesco S&P 500 Momentum ETF (SPMO) is designed to mirror the investment performance of the S&P 500 Momentum Index. The Fund typically allocates at least 90% of its total assets to the securities that constitute this underlying Index. The S&P 500 Momentum Index itself is composed of stocks from the broader S&P 500 Index that exhibit strong "momentum scores," reflecting their recent performance trends. Both the ETF and its benchmark index undergo semi-annual reconstitution and rebalancing, which takes place on the third Fridays of March and September each year. The weighting of individual constituents within the Index is determined by a combination of their market capitalization and their assigned momentum score. As of August 31, 2025, SPMO proudly holds an overall 5-star rating from Morningstar, positioning it in the top tier among 1252 comparable funds. It also earned a 5-star rating for both the 3-year period (out of 1252 funds) and the 5-year period (out of 1149 funds), with 10-year data not yet available. Morningstar's ratings are calculated using a risk-adjusted return methodology, which scrutinizes monthly performance variations, emphasizing downside risk and rewarding consistent returns. For fair comparison, open-end mutual funds and exchange-traded funds are evaluated together as a single group. To qualify for a rating, a fund must possess at least three years of operational history. The overall rating is derived from a weighted average of the 3-, 5-, and 10-year rating metrics where applicable, after accounting for fees and expenses but excluding any sales charges. Important Disclaimers: This information, proprietary to Morningstar Inc. (©2025), is not guaranteed for accuracy, completeness, or timeliness and must not be copied or distributed. Neither Morningstar nor its content providers are liable for any damages resulting from its use. Investors should remember that past performance does not indicate future results. Star ratings are assigned monthly based on percentile rank within a category: the top 10% receive five stars, the subsequent 22.5% receive four stars, and so forth. Please note that if fee waivers or expense reimbursements had not been in place, the Morningstar rating might have been lower. Ratings for other share classes of the fund may vary due to differing performance characteristics.
Key statistics
Expense ratio
0.13%
Assets (AUM)
$23.3B
Holdings
99
NAV
$152.92
Avg. volume
—
1-year price change
+25.38%
5-year price change
+147.03%
Price change excludes dividends.
Top 10 holdings
SPMO holds 99 securities in total. These 10 are 51.8% of the fund.
Where the money is invested
Sectors
Countries
How to buy SPMO from India
Indian residents can buy SPMO units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SPMO and buy
Find the fund by its ticker, SPMO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SPMO from India
Trading and taxes when buying SPMO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SPMO price today?
Invesco S&P 500 Momentum ETF (SPMO) last traded at $151.18 on NYSE Arca, as of 28 Sep 2026, 4:00 PM ET. That is ₹14,524 a unit at the 28 Sep 2026 USD/INR rate.
When does SPMO trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SPMO, and what does it cost to hold?
Invesco S&P 500 Momentum ETF manages about $23.3B. Its expense ratio is 0.13% a year, deducted inside the fund. It launched in 2015.
What are SPMO's largest holdings?
The top three are Micron Technology Inc (9.6%), Apple Inc (9.1%) and Advanced Micro Devices Inc (5.7%). SPMO's 10 largest positions make up 51.8% of the fund.
Does SPMO pay dividends?
Yes. SPMO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on SPMO taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of SPMO?
Yes. You can buy SPMO by amount rather than by whole unit, and there is no minimum trade size.
How has SPMO performed?
SPMO's price is up 25.4% over the past year and up 147.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.