SPDR vs Invesco: ETF issuers compared

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SPDR vs Invesco: ETF issuers compared | ETF Tracker

US stocks: Invesco wins, 95% to 88% of funds made money

Every dot is one us stocks fund, placed at its 1-year return. Right of the line = made money. The ringed dot is the middle fund.

BOX SCORE · US STOCKS	SPDR	Invesco
Funds in the category	25	60
Made money (W–L)	21–3	56–3
Win %	88%	95%
Money made	$17.8B	$15.1B
Typical return	+14.6%	+15.7%
Launches · 2026	0	1
Assets	$149B	$103B
Fee per $100	$0.14	$0.32

The biggest us stocks funds on each side

SPDR

Fund	Name	Assets	1Y
DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	$45.8B	+11.1% ✓
MDY	State Street SPDR S&P MIDCAP 400 ETF Trust	$25.9B	+14.1% ✓
SPMD	State Street SPDR Portfolio S&P 400 Mid Cap ETF	$18.9B	+14.5% ✓
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	$16.2B	+19.5% ✓
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF	$14.3B	+13.5% ✓
SLYV	State Street SPDR S&P 600 Small Cap Value ETF	$5.0B	+20.9% ✓

Invesco

Fund	Name	Assets	1Y
PBUS	Invesco MSCI USA ETF	$10.8B	+12.8% ✓
RWL	Invesco S&P 500 Revenue ETF	$10.4B	+21.5% ✓
PRF	Invesco RAFI US 1000 ETF	$10.2B	+24.6% ✓
SPLV	Invesco S&P 500 Low Volatility ETF	$7.5B	+8.6% ✓
XMMO	Invesco S&P MidCap Momentum ETF	$6.7B	+2.2% ✓
RSPT	Invesco S&P 500 Equal Weight Technology ETF	$6.2B	+42.0% ✓

Twin funds: SPDR is cheaper in 28 of 32. Invesco returned more in 19.

Pairs that hold the same market. Fee = per $100 a year. Returns within 0.1 points are a tie; 5-year returns are per year.

CHEAPER28 – 40 tieBETTER 1Y11 – 190 tieBETTER 5Y9 – 172 tie

Low-cost core · 2

SPY$0.09+13.2%+12.6%S&P 500+13.0%+14.5%$0.11QVML
QNDX$0.10——Nasdaq-100+14.4%+13.6%$0.15QQQM

US stocks · 8

MDY$0.23+14.1%+7.2%S&P 400 mid caps+10.2%+2.2%$0.34XMMO
SPMD$0.03+14.5%+7.4%Mid caps+10.0%+13.5%$0.30XMHQ
SPSM$0.03+19.5%+6.3%Small caps+9.1%+23.0%$0.39RWJ
SLYV$0.15+20.9%+6.8%Small-cap value+7.0%+23.8%$0.36XSVM
ONEY$0.20+22.1%+10.0%Russell 1000+9.0%+18.3%$0.29OMFL
MDYV$0.15+14.6%+8.1%Mid-cap value+11.5%+26.2%$0.37XMVM
MMTM$0.12+3.2%+10.5%Momentum+9.2%+12.9%$0.35XSMO
VLU$0.12+22.0%+12.6%Large value+13.8%+25.4%$0.55PWV

International · 2

SPEM$0.07+5.3%+5.4%Emerging markets+9.3%+12.2%$0.47PXH
EFAX$0.20+9.9%+7.9%Developed markets+13.6%+14.7%$0.25IDMO

Bonds & cash · 8

SPHY$0.05+1.6%+3.9%High-yield bonds+4.2%+1.2%$0.35PGHY
SRLN$0.70+4.0%+4.8%Senior Loan+5.4%+3.6%$0.67BKLN
SPTS$0.03+1.9%+2.1%Short Term Treasury+3.6%+3.3%$0.08TBLL
TFI$0.23−0.7%−0.3%Muni bonds−0.9%−3.2%$0.28PZA
JNK$0.40+1.7%+3.3%High Yield Bond——$0.39GTOQ
FLRN$0.15+4.3%+4.5%

Sectors · 4

XBI$0.35+41.5%+5.1%Biotech+7.1%+42.3%$0.59PBE
XNTK$0.35+21.5%+16.9%US tech+13.7%+29.8%$0.69PTF
RWR$0.25+12.1%+2.8%US real estate+1.2%+12.5%$0.35PSR
XHS$0.35+37.6%+6.7%Health care+3.5%+33.6%$0.74PTH

All 32 twins

Sectors · 1

XES$0.35+46.3%+14.7%Oil Gas Services+22.2%+65.8%$0.77PXJ

Thematic · 3

XAR$0.35−5.9%+14.3%Aerospace Defense+17.3%+2.4%$0.58PPA
XSD$0.35+38.0%+18.4%Semiconductors+28.6%+60.6%$0.19SOXQ
GII$0.40+9.2%+9.7%Infrastructure—+37.9%$0.75PIPE

Income · 3

SDY$0.35+18.3%+8.2%Dividend stocks

Squares, left to right: fee · 1 year · 5 years, coloured by who won. Most gaps come from different index rules, not fees.

Who wins each category · share of its funds that made money · 1Y

US stocks: Invesco wins, 95% to 88% of funds made money

The biggest us stocks funds on each side

SPDR

Invesco

Twin funds: SPDR is cheaper in 28 of 32. Invesco returned more in 19.

Low-cost core · 2

US stocks · 8

International · 2

Bonds & cash · 8

Sectors · 4

Sectors · 1

Thematic · 3

Income · 3

Other · 1

Tale of the tape

US stocks: Invesco wins, 95% to 88% of funds made money

The biggest us stocks funds on each side

S SPDR

I Invesco

Low-cost core · 2

US stocks · 8

International · 2

Bonds & cash · 8

Sectors · 4

Sectors · 1

Thematic · 3

Income · 3

Share this matchup

Other · 1

SPDR

Invesco