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Invesco S&P MidCap Momentum ETF (XMMO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US73935X8074
CUSIP
46137V464
Issuer
Invesco
Inception Date
Mar 3, 2005
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
S&P MidCap 400 Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.31%6.96%-3.18%4.93%
20255.75%-6.47%-6.65%1.38%7.78%3.74%1.39%0.66%3.19%0.58%2.43%-0.45%13.04%
20243.81%14.49%7.71%-5.29%5.35%-0.49%5.05%-1.16%1.76%0.79%11.58%-8.61%38.03%
20235.02%-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%
20213.51%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
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.


XMMO Risk / Return Rank: 7676
Overall Rank
XMMO Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
XMMO Sortino Ratio Rank: 7272
Sortino Ratio Rank
XMMO Omega Ratio Rank: 6969
Omega Ratio Rank
XMMO Calmar Ratio Rank: 8080
Calmar Ratio Rank
XMMO Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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).


XMMOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.30

0.90

+0.41

Sortino ratio

Return per unit of downside risk

1.86

1.39

+0.48

Omega ratio

Gain probability vs. loss probability

1.26

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

2.28

1.40

+0.88

Martin ratio

Return relative to average drawdown

10.83

6.61

+4.23

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.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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, 2007240Nov 20, 20081046Jan 22, 20131286
-36.74%Feb 20, 202023Mar 23, 202092Aug 3, 2020115
-27.91%Nov 9, 2021221Sep 26, 2022337Jan 30, 2024558
-26.04%Aug 3, 2015132Feb 9, 2016252Feb 8, 2017384
-25.06%Sep 17, 201869Dec 24, 201841Feb 25, 2019110

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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