Invesco S&P MidCap Momentum ETF (XMMO) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XMMO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XMMO
XMMO charges 0.35% annually. There are 15 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan U.S. Momentum Factor ETF | 0.12% | 2.51B | Nov 2017 | XMMO vs JMOM | |
| SPDR S&P 1500 Momentum Tilt ETF | 0.12% | 163.90M | Oct 2012 | XMMO vs MMTM | |
| Vanguard U.S. Momentum Factor ETF | 0.13% | 1.70B | Feb 2018 | XMMO vs VFMO | |
| Invesco S&P 500 Momentum ETF | 0.13% | 22.01B | Oct 2015 | XMMO vs SPMO | |
| SEI Enhanced US Large Cap Momentum Factor ETF | 0.15% | 989.57M | May 2022 | XMMO vs SEIM |
Best Risk-Adjusted Alternatives to XMMO
XMMO has a PortfoliosLab risk / return rank of 51. There are 30 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 91 | 261.13M | Oct 2017 | XMMO vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | 89 | 117.88M | Jun 2011 | XMMO vs SPVM | |
| Invesco DWA Healthcare Momentum ETF | 87 | 169.34M | Oct 2006 | XMMO vs PTH | |
| Invesco DWA Emerging Markets Momentum ETF | 87 | 262.88M | Dec 2007 | XMMO vs PIE | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 83 | 1.73B | Oct 2017 | XMMO vs USVM |
Top Performing XMMO Alternatives (YTD)
XMMO is at 16.50% YTD. There are 25 ETFs in the Momentum category with higher YTD returns, going as high as 57.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 57.61% | 9.04M | Feb 2021 | XMMO vs MTUL | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 52.29% | 81.18M | May 2021 | XMMO vs QQQA | |
| Invesco Dorsey Wright Technology Momentum ETF | 47.90% | 752.12M | Oct 2006 | XMMO vs PTF | |
| Invesco DWA Emerging Markets Momentum ETF | 36.00% | 262.88M | Dec 2007 | XMMO vs PIE | |
| Invesco DWA Industrials Momentum ETF | 31.17% | 444.50M | Oct 2006 | XMMO vs PRN |
Lowest Volatility Alternatives to XMMO
XMMO has 20.67% 1-year volatility. There are 30 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 10.81% | 261.13M | Oct 2017 | XMMO vs ULVM | |
| Cambria Value and Momentum ETF | 11.16% | 106.10M | Sep 2015 | XMMO vs VAMO | |
| Invesco S&P 500 Value with Momentum ETF | 11.46% | 117.88M | Jun 2011 | XMMO vs SPVM | |
| First Trust Dorsey Wright Momentum & Low Volatilit... | 11.67% | 72.37M | Sep 2018 | XMMO vs DVOL | |
| Symmetry Panoramic Sector Momentum ETF | 12.52% | 43.72M | Sep 2025 | XMMO vs SMOM |
Lowest Drawdown Alternatives to XMMO
XMMO has a 1-year max drawdown of -8.71%. There are 6 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Value and Momentum ETF | -5.55% | 106.10M | Sep 2015 | XMMO vs VAMO | |
| VictoryShares US Value Momentum ETF | -6.47% | 261.13M | Oct 2017 | XMMO vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | -6.57% | 117.88M | Jun 2011 | XMMO vs SPVM | |
| SPDR Russell 1000 Momentum Focus ETF | -7.37% | 28.92M | Dec 2015 | XMMO vs ONEO | |
| JPMorgan U.S. Momentum Factor ETF | -7.87% | 2.51B | Nov 2017 | XMMO vs JMOM |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, QQQM, RSP and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 61 | 17.43% | 481.14B | Mar 1999 | XMMO vs QQQ | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 61 | 17.45% | 100.59B | Oct 2020 | XMMO vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 56 | 12.34% | 96.24B | Apr 2003 | XMMO vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 79.01% | 2.58B | Jun 2021 | XMMO vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 41 | 4.48% | 10.85B | May 2005 | XMMO vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.67% | 20.11B | Dec 2005 | XMMO vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 36 | 11.04% | 3.29B | Oct 2012 | XMMO vs SPHD | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 32 | 9.74% | 8.22B | Oct 2005 | XMMO vs PPA | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 45 | 9.24% | 3.99B | Feb 2012 | XMMO vs IDMO | |
| Invesco Semiconductors ETF | Semiconductors, Technology Equities | 94 | 100.25% | 2.68B | Jun 2005 | XMMO vs PSI |
Often Compared With XMMO
Investors most often compare XMMO with VOO, XMHQ, MTUM. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare XMMO with Any Fund or Stock
Compare XMMO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XMMO with funds that move differently
Invesco S&P MidCap Momentum ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XMMO.
Explore XMMO Diversifiers