- ISIN
- US73935X8801
- CUSIP
- 46137V456
- Issuer
- Invesco
- Inception Date
- Mar 3, 2005
- Region
- North America (U.S.)
- Category
- Momentum, Mid Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P MidCap 400 High Momentum Value Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $459M
Share Price Chart
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Performance
XMVM Performance Chart
Invesco S&P MidCap Value with Momentum ETF (XMVM) is up 10.5% since the beginning of the year. XMVM is currently trading at $70 per share. Investors who bought $1,000 worth of XMVM shares 5 years ago would now be looking at an investment worth $1,716.
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Returns By Period
Invesco S&P MidCap Value with Momentum ETF (XMVM) has returned 10.47% so far this year and 32.24% over the past 12 months. Over the last ten years, XMVM has returned 12.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco S&P MidCap Value with Momentum ETF
- 1D
- 0.97%
- 1M
- 2.30%
- YTD
- 10.47%
- 6M
- 8.53%
- 1Y
- 32.24%
- 3Y*
- 18.85%
- 5Y*
- 11.40%
- 10Y*
- 12.10%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
XMVM Monthly Returns History
Based on dividend-adjusted daily data since Mar 3, 2005, XMVM's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +16.0%, while the worst month was Oct 2008 at -25.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, XMVM closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +12.0%, while the worst single day was Oct 9, 2008 at -11.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.27% | 1.40% | -2.46% | 7.03% | -1.43% | 2.51% | 10.47% | ||||||
| 2025 | 4.00% | -2.68% | -5.28% | -2.64% | 5.26% | 3.56% | 0.77% | 8.89% | 1.49% | -2.61% | 4.23% | 3.00% | 18.46% |
| 2024 | -2.36% | 3.56% | 7.02% | -6.34% | 4.65% | -2.67% | 9.43% | -1.08% | -0.40% | 0.36% | 10.60% | -9.57% | 11.73% |
| 2023 | 9.20% | -1.39% | -7.51% | -2.60% | -3.06% | 12.44% | 5.39% | -1.72% | -3.65% | -5.34% | 6.79% | 9.04% | 16.31% |
| 2022 | -4.50% | 3.34% | 0.31% | -7.39% | 1.66% | -12.84% | 10.45% | -2.07% | -8.69% | 14.08% | 6.86% | -6.16% | -8.21% |
| 2021 | 2.13% | 8.82% | 10.05% | 4.12% | 2.19% | -4.41% | 0.41% | 3.36% | -4.74% | 4.75% | -1.42% | 6.43% | 35.15% |
Benchmark Metrics
Invesco S&P MidCap Value with Momentum ETF has an annualized alpha of 1.26%, beta of 0.98, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since March 03, 2005.
- This ETF captured 107.29% of S&P 500 Index gains and 104.87% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 0.98 and R2 of 0.73, 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
- 1.26%
- Beta
- 0.98
- R²
- 0.73
- Upside Capture
- 107.29%
- Downside Capture
- 104.87%
Expense Ratio
XMVM has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XMVM 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 Value with Momentum ETF (XMVM) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XMVM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.78 | +0.74 |
| Martin ratioReturn relative to average drawdown | 10.91 | 12.44 | -1.53 |
Dividends
Dividend History
Invesco S&P MidCap Value with Momentum ETF provided a 2.38% dividend yield over the last twelve months, with an annual payout of $1.67 per share. The fund has been increasing its distributions for 5 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.67 | $1.33 | $0.80 | $0.79 | $0.77 | $0.54 | $0.50 | $0.61 | $0.79 | $0.69 | $0.71 | $0.64 |
Dividend yield | 2.38% | 2.07% | 1.43% | 1.57% | 1.76% | 1.10% | 1.37% | 1.73% | 2.87% | 2.22% | 2.27% | 2.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P MidCap Value with 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 | $0.41 | $0.00 | $0.00 | $0.32 | $0.73 | ||||||
| 2025 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.28 | $1.33 |
| 2024 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.22 | $0.80 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.79 |
| 2022 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 | $0.77 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.22 | $0.54 |
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 Value with 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 Value with Momentum ETF was 62.83%, occurring on Mar 9, 2009. Recovery took 983 trading sessions.
The current Invesco S&P MidCap Value with Momentum ETF drawdown is 1.49%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -62.83%Mar 2009 | 1y 7mo | 3y 11mo | 5y 6moJul 2007 - Feb 2013 |
COVID crash2020 | -45.07%Mar 2020 | 2mo 6d | 8mo 6d | 10mo 12dJan 2020 - Nov 2020 |
2025 selloff2025 | -24.12%Apr 2025 | 4mo 13d | 4mo 21d | 9mo 4dNov 2024 - Aug 2025 |
Bear market2022 | -22.67%Sep 2022 | 8mo 11d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2016 correction2016 | -19.58%Jan 2016 | 10mo 3d | 4mo 17d | 1y 2moMar 2015 - Jun 2016 |
Drawdown Indicators
| XMVM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.83% | -56.78% | -6.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.18% | -9.10% | -0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -24.12% | -18.90% | -5.22% |
Max Drawdown (5Y)Largest decline over 5 years | -24.12% | -25.43% | +1.31% |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | -33.92% | -11.15% |
Current DrawdownCurrent decline from peak | -1.49% | -1.80% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -10.71% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.03% | +0.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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