Invesco S&P 500 Momentum ETF Price & Performance (SPMO)

The Invesco S&P 500 Low Volatility ETF (SPLV) has been upgraded to a hold/accumulate recommendation after gaining 0.74% on April 29. While SPLV is trading within a horizontal trend, increased volume and technical signals suggest cautious optimism, reflecting a broader investor move to defensive strategies during recent market swings.1

Momentum-focused ETFs, which thrived on last year’s tech surge, are underperforming in 2025. Major holdings like Tesla and Broadcom have reversed course, dragging down returns. Defensive and value stocks, largely absent from these funds, have outpaced the former high-flyers, prompting a shift in ETF rankings and investor sentiment this year.2

With signs of easing trade tensions, investors are turning to undervalued growth ETFs for potential upside. These funds, often overlooked during market volatility, are gaining attention as they combine attractive valuations with growth prospects, offering a strategic entry point for those seeking to capitalize on a shifting economic landscape.3