- ISIN
- US46137V4986
- CUSIP
- 46137V498
- Issuer
- Invesco
- Inception Date
- Mar 3, 2005
- Region
- North America (U.S.)
- Category
- Momentum, Small Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Momentum Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $3B
Share Price Chart
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Performance
XSMO Performance Chart
Invesco S&P SmallCap Momentum ETF (XSMO) is up 25.6% since the beginning of the year. XSMO is currently trading at $90 per share. Investors who bought $1,000 worth of XSMO shares 5 years ago would now be looking at an investment worth $1,758.
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Returns By Period
Invesco S&P SmallCap Momentum ETF (XSMO) has returned 25.55% so far this year and 37.28% over the past 12 months. Looking at the last ten years, XSMO has achieved an annualized return of 15.36%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Invesco S&P SmallCap Momentum ETF
- 1D
- 0.32%
- 1M
- 4.89%
- YTD
- 25.55%
- 6M
- 21.13%
- 1Y
- 37.28%
- 3Y*
- 25.72%
- 5Y*
- 11.94%
- 10Y*
- 15.36%
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%
XSMO Monthly Returns History
Based on dividend-adjusted daily data since Mar 3, 2005, XSMO's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Oct 2022 with a return of +14.3%, while the worst month was Mar 2020 at -18.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, XSMO closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.7%, while the worst single day was Mar 16, 2020 at -16.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.89% | 4.67% | -4.59% | 14.10% | 1.60% | 2.42% | 25.55% | ||||||
| 2025 | 4.96% | -5.74% | -3.76% | -1.56% | 6.70% | 3.38% | -0.04% | 6.80% | 1.49% | -2.62% | 2.88% | -2.15% | 9.80% |
| 2024 | -1.90% | 4.97% | 3.50% | -4.43% | 7.06% | -2.62% | 11.81% | -1.88% | 0.67% | -1.30% | 12.03% | -9.45% | 17.45% |
| 2023 | 4.56% | -0.21% | -5.45% | -3.32% | -0.96% | 9.72% | 5.17% | -0.71% | -4.00% | -5.49% | 10.38% | 12.14% | 21.55% |
| 2022 | -10.08% | 1.29% | 1.19% | -7.57% | 2.73% | -10.75% | 14.08% | -4.63% | -8.83% | 14.34% | 3.84% | -8.08% | -15.44% |
| 2021 | 4.99% | 3.77% | 0.74% | -1.73% | 3.16% | 3.74% | -3.57% | 1.95% | -0.96% | 5.55% | -0.65% | 1.16% | 19.24% |
Benchmark Metrics
Invesco S&P SmallCap Momentum ETF has an annualized alpha of 1.12%, beta of 1.02, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since March 03, 2005.
- This ETF captured 108.30% of S&P 500 Index gains and 106.29% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.02 and R2 of 0.68, 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
- 1.12%
- Beta
- 1.02
- R²
- 0.68
- Upside Capture
- 108.30%
- Downside Capture
- 106.29%
Expense Ratio
XSMO has an expense ratio of 0.36%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XSMO 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 SmallCap Momentum ETF (XSMO) 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.
| XSMO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.21 | 2.78 | +1.43 |
| Martin ratioReturn relative to average drawdown | 14.23 | 12.44 | +1.79 |
Dividends
Dividend History
Invesco S&P SmallCap Momentum ETF provided a 0.66% dividend yield over the last twelve months, with an annual payout of $0.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.59 | $0.54 | $0.41 | $0.54 | $0.56 | $0.17 | $0.39 | $0.27 | $0.20 | $0.09 | $0.08 | $0.09 |
Dividend yield | 0.66% | 0.75% | 0.63% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.66% | 0.27% | 0.30% | 0.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap 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 | $0.12 | $0.00 | $0.00 | $0.13 | $0.24 | ||||||
| 2025 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.54 |
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.17 | $0.41 |
| 2023 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.54 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.56 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.17 |
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 SmallCap 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 SmallCap Momentum ETF was 58.06%, occurring on Mar 9, 2009. Recovery took 977 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.06%Mar 2009 | 1y 7mo | 3y 10mo | 5y 6moJul 2007 - Jan 2013 |
COVID crash2020 | -39.39%Mar 2020 | 1mo 8d | 5mo 13d | 6mo 21dFeb 2020 - Sep 2020 |
Bear market2022 | -29.62%Sep 2022 | 10mo 20d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
Rate-hike selloffLate 2018 | -29.47%Dec 2018 | 3mo 20d | 1y 23d | 1y 4moSep 2018 - Jan 2020 |
2016 bear market2016 | -29.30%Feb 2016 | 7mo 22d | 1y 5d | 1y 7moJun 2015 - Feb 2017 |
Drawdown Indicators
| XSMO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.06% | -56.78% | -1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -9.10% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -18.90% | -5.86% |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | -25.43% | -4.19% |
Max Drawdown (10Y)Largest decline over 10 years | -39.39% | -33.92% | -5.47% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -11.11% | -10.71% | -0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 2.03% | +0.60% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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