Invesco S&P 500 Momentum ETF (NYSE:SPMO) has outperformed the market over the past 5 years by 6.28% on an annualized basis producing an average annual return of 16.92%. Currently, Invesco S&P 500 Momentum ETF has a market capitalization of $12.86 billion.
Buying $100 In SPMO: If an investor had bought $100 of SPMO stock 5 years ago, it would be worth $217.82 today based on a price of $113.42 for SPMO at the time of writing.
Invesco S&P 500 Momentum ETF's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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