- ISIN
- US73935X8074
- CUSIP
- 46137V464
- Issuer
- Invesco
- Inception Date
- Mar 3, 2005
- Region
- North America (U.S.)
- Category
- Momentum, Mid Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P MidCap 400 Momentum Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $7B
Share Price Chart
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Performance
XMMO Performance Chart
Invesco S&P MidCap Momentum ETF (XMMO) is up 19.6% since the beginning of the year. XMMO is currently trading at $165 per share. Investors who bought $1,000 worth of XMMO shares 5 years ago would now be looking at an investment worth $2,054.
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Returns By Period
Invesco S&P MidCap Momentum ETF (XMMO) has returned 19.62% so far this year and 31.89% over the past 12 months. Looking at the last ten years, XMMO has achieved an annualized return of 19.49%, outperforming the S&P 500 Index benchmark, which averaged 13.42% per year.
Invesco S&P MidCap Momentum ETF
- 1D
- -0.03%
- 1M
- -0.13%
- YTD
- 19.62%
- 6M
- 20.01%
- 1Y
- 31.89%
- 3Y*
- 29.90%
- 5Y*
- 15.48%
- 10Y*
- 19.49%
Benchmark (S&P 500 Index)
- 1D
- -0.26%
- 1M
- -0.17%
- YTD
- 7.91%
- 6M
- 7.98%
- 1Y
- 22.99%
- 3Y*
- 19.77%
- 5Y*
- 11.75%
- 10Y*
- 13.42%
XMMO Monthly Returns History
Based on dividend-adjusted daily data since Mar 3, 2005, XMMO's average daily return is +0.06%, while the average monthly return is +1.13%. At this rate, an investment would double in approximately 5.1 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% | 10.21% | 5.64% | -2.08% | 19.62% | ||||||
| 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 3.58%, beta of 1.03, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since March 03, 2005.
- This ETF captured 113.58% of S&P 500 Index gains but only 97.79% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 3.58% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.03 and R2 of 0.78, 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
- 3.58%
- Beta
- 1.03
- R²
- 0.78
- Upside Capture
- 113.58%
- Downside Capture
- 97.79%
Expense Ratio
XMMO has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XMMO ranks 67 for risk / return — better than 67% 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 S&P 500 Index.
| XMMO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.84 | 2.54 | +1.30 |
| Martin ratioReturn relative to average drawdown | 15.58 | 11.58 | +4.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Invesco S&P MidCap Momentum ETF provided a 0.62% 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 | 0.62% | 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 | $0.00 | $0.00 | $0.00 | $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 3.72%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.37%Nov 2008 | 11mo 15d | 4y 2mo | 5y 1moDec 2007 - Jan 2013 |
COVID crash2020 | -36.74%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -27.91%Sep 2022 | 10mo 21d | 1y 4mo | 2y 2moNov 2021 - Jan 2024 |
2016 bear market2016 | -26.04%Feb 2016 | 6mo 10d | 1y | 1y 6moAug 2015 - Feb 2017 |
Rate-hike selloffLate 2018 | -25.06%Dec 2018 | 3mo 8d | 2mo 3d | 5mo 11dSep 2018 - Feb 2019 |
Drawdown Indicators
| XMMO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.37% | -56.78% | +1.41% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -9.10% | +0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -24.93% | -18.90% | -6.03% |
Max Drawdown (5Y)Largest decline over 5 years | -27.91% | -25.43% | -2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -36.74% | -33.92% | -2.82% |
Current DrawdownCurrent decline from peak | -3.72% | -2.93% | -0.79% |
Average DrawdownAverage peak-to-trough decline | -9.44% | -10.72% | +1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 1.99% | +0.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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