MMTM vs PBP
State Street SPDR S&P 1500 Momentum Tilt ETF against Invesco S and P 500 BuyWrite ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
74%
501 shared positions
Fee gap
17 bp
MMTM is cheaper
1-year return gap
2.2 pts
MMTM is ahead
Larger fund
PBP
$390M
Side by side
| MMTM | PBP | |
|---|---|---|
| Fund | State Street SPDR S&P 1500 Momentum Tilt ETF | Invesco S and P 500 BuyWrite ETF |
| Issuer | State Street SPDR | Invesco |
| Category | Momentum | Covered Call |
| Expense ratio | 0.12% | 0.29% |
| Assets | $130M | $390M |
| Average daily dollar volume | $1.8M | $1.8M |
| Listed | Oct 24, 2012 | Dec 20, 2007 |
| FrenzyCap score | 66 | 71 |
| 1-month return | −2.3% | −0.2% |
| 3-month return | +0.6% | +2.1% |
| Year to date | +4.2% | +2.1% |
| 1-year return | +6.1% | +3.9% |
| 30-day volatility | 12.4% | 6.7% |
| Worst drawdown, 1 year | −10.1% | −6.6% |
| Trailing 12-month yield | 0.90% | 11.31% |
| Holdings | 1,491 | 507 |
| Top 10 weight | 37.1% | 39.6% |
| Look-through P/E | 26.6 | 25.8 |
| Holdings vs fair value | +3.3% | +2.0% |
| Holdings above 200-day average | 76% | 69% |
| Net flow, latest 3 reported months | −$3.8M thru Jun 2026 | +$13M thru Jul 2026 |
| 30-day implied volatility | 15.8% | 25.6% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Sep 30, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
92% of MMTM · 101% of PBP| Holding | MMTM | PBP |
|---|---|---|
| AAPL | 9.57% | 7.47% |
| NVDA | 7.12% | 8.50% |
| GOOGL | 3.57% | 3.10% |
| MSFT | 2.54% | 5.86% |
| GOOG | 2.63% | 2.49% |
| AMZN | 2.40% | 3.76% |
| META | 1.86% | 2.46% |
| MU | 2.82% | 1.85% |
| AMD | 2.31% | 1.53% |
| LLY | 2.28% | 1.42% |
| BRK.B | 1.08% | 1.43% |
| XOM | 1.73% | 1.03% |
| JNJ | 1.48% | 0.98% |
| JPM | 0.96% | 1.35% |
| INTC | 1.27% | 0.92% |
| AVGO | 0.80% | 2.57% |
| V | 0.74% | 0.94% |
| ABBV | 0.91% | 0.71% |
| CSCO | 1.05% | 0.65% |
| LRCX | 0.87% | 0.63% |
| AMAT | 0.85% | 0.62% |
| CVX | 0.99% | 0.62% |
| CAT | 0.79% | 0.57% |
| MRK | 0.92% | 0.55% |
| KO | 0.80% | 0.51% |
Sector mix of the stock holdings
| Sector | MMTM | PBP | Gap |
|---|---|---|---|
| Technology | 48.3% | 49.1% | −0.8% |
| Industrials | 10.5% | 10.8% | −0.3% |
| Health Care | 11.0% | 8.4% | +2.6% |
| Financials | 8.1% | 9.3% | −1.3% |
| Consumer Discretionary | 6.3% | 10.1% | −3.8% |
| Energy | 5.3% | 2.9% | +2.4% |
| Consumer Staples | 3.2% | 3.2% | +0.1% |
| Materials | 2.5% | 1.9% | +0.6% |
| Utilities | 1.5% | 2.5% | −0.9% |
| Real Estate | 1.8% | 1.7% | +0.1% |
| Communication Services | 0.7% | 1.5% | −0.8% |
| Other | 0.0% | 0.0% | +0.0% |
More: full overlap table · MMTM holdings · PBP holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.