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.