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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco S&P MidCap Momentum ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
Invesco S&P MidCap Momentum ETF (XMMO) has returned 4.93% so far this year and 28.46% over the past 12 months. Looking at the last ten years, XMMO has achieved an annualized return of 18.19%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.
Invesco S&P MidCap Momentum ETF
- 1D
- 4.31%
- 1M
- -3.18%
- YTD
- 4.93%
- 6M
- 7.61%
- 1Y
- 28.46%
- 3Y*
- 25.08%
- 5Y*
- 12.21%
- 10Y*
- 18.19%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Mar 3, 2005, XMMO's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, your investment would double in approximately 5.3 years.
Historically, 66% of months were positive and 34% were negative. The best month was Feb 2024 with a return of +14.5%, while the worst month was Oct 2008 at -19.6%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, XMMO closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +12.3%, while the worst single day was Mar 16, 2020 at -13.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.31% | 6.96% | -3.18% | 4.93% | |||||||||
| 2025 | 5.75% | -6.47% | -6.65% | 1.38% | 7.78% | 3.74% | 1.39% | 0.66% | 3.19% | 0.58% | 2.43% | -0.45% | 13.04% |
| 2024 | 3.81% | 14.49% | 7.71% | -5.29% | 5.35% | -0.49% | 5.05% | -1.16% | 1.76% | 0.79% | 11.58% | -8.61% | 38.03% |
| 2023 | 5.02% | -1.76% | -2.38% | -0.65% | -3.08% | 9.56% | 4.21% | -0.49% | -2.19% | -5.33% | 8.63% | 8.62% | 20.39% |
| 2022 | -9.04% | 3.68% | 0.91% | -5.00% | -1.09% | -11.97% | 12.57% | -3.20% | -9.60% | 12.15% | 3.26% | -6.47% | -16.02% |
| 2021 | 3.51% | 1.43% | 2.04% | 2.11% | -3.05% | 3.24% | 0.18% | 1.91% | -3.71% | 8.03% | -1.94% | 2.31% | 16.69% |
Benchmark Metrics
Invesco S&P MidCap Momentum ETF has an annualized alpha of 3.60%, beta of 1.03, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since March 04, 2005.
- This ETF captured 113.88% of S&P 500 Index gains but only 97.83% of its losses — a favorable profile for investors.
- This ETF generated an annualized alpha of 3.60% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- With beta of 1.03 and R² of 0.79, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.60%
- Beta
- 1.03
- R²
- 0.79
- Upside Capture
- 113.88%
- Downside Capture
- 97.83%
Expense Ratio
XMMO has an expense ratio of 0.33%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XMMO ranks 76 for risk / return — better than 76% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P MidCap Momentum ETF (XMMO) and compare them to a chosen benchmark (S&P 500 Index).
| XMMO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.90 | +0.41 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.39 | +0.48 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.21 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.28 | 1.40 | +0.88 |
Martin ratioReturn relative to average drawdown | 10.83 | 6.61 | +4.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore XMMO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Invesco S&P MidCap Momentum ETF provided a 0.71% dividend yield over the last twelve months, with an annual payout of $1.03 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.03 | $1.08 | $0.41 | $0.72 | $1.08 | $0.37 | $0.48 | $0.36 | $0.09 | $0.09 | $0.07 | $0.19 |
Dividend yield | 0.71% | 0.78% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P MidCap Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.25 | $0.25 | |||||||||
| 2025 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $1.08 |
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.41 |
| 2023 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.72 |
| 2022 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.27 | $1.08 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.25 | $0.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P MidCap Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco S&P MidCap Momentum ETF was 55.37%, occurring on Nov 20, 2008. Recovery took 1046 trading sessions.
The current Invesco S&P MidCap Momentum ETF drawdown is 4.39%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.37% | Dec 11, 2007 | 240 | Nov 20, 2008 | 1046 | Jan 22, 2013 | 1286 |
| -36.74% | Feb 20, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -27.91% | Nov 9, 2021 | 221 | Sep 26, 2022 | 337 | Jan 30, 2024 | 558 |
| -26.04% | Aug 3, 2015 | 132 | Feb 9, 2016 | 252 | Feb 8, 2017 | 384 |
| -25.06% | Sep 17, 2018 | 69 | Dec 24, 2018 | 41 | Feb 25, 2019 | 110 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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