AWGIX vs. XMMO

Last updated Apr 1, 2026

Compare and contrast key facts about CIBC Atlas All Cap Growth Fund (AWGIX) and Invesco S&P MidCap Momentum ETF (XMMO).

AWGIX is managed by CIBC Private Wealth Management. It was launched on Sep 28, 2007. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005.

Performance

AWGIX vs. XMMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIBC Atlas All Cap Growth Fund (AWGIX) and Invesco S&P MidCap Momentum ETF (XMMO). The values are adjusted to include any dividend payments, if applicable.

AWGIX vs. XMMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWGIX CIBC Atlas All Cap Growth Fund	-12.17%	6.07%	13.44%	35.47%	-29.76%	25.42%	29.80%	36.12%	2.01%	19.10%
XMMO Invesco S&P MidCap Momentum ETF	6.86%	13.04%	38.03%	20.39%	-16.02%	16.69%	29.17%	36.78%	6.12%	37.18%

Returns By Period

In the year-to-date period, AWGIX achieves a -12.17% return, which is significantly lower than XMMO's 6.86% return. Over the past 10 years, AWGIX has underperformed XMMO with an annualized return of 10.10%, while XMMO has yielded a comparatively higher 18.41% annualized return.

AWGIX

• 1D: -1.05%
• 1M: -10.78%
• YTD: -12.17%
• 6M: -13.98%
• 1Y: 0.19%
• 3Y*: 10.70%
• 5Y*: 4.69%
• 10Y*: 10.10%

XMMO

• 1D: 1.85%
• 1M: -2.62%
• YTD: 6.86%
• 6M: 9.51%
• 1Y: 29.37%
• 3Y*: 25.85%
• 5Y*: 12.62%
• 10Y*: 18.41%

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

AWGIX vs. XMMO - Expense Ratio Comparison

AWGIX has a 0.96% expense ratio, which is higher than XMMO's 0.33% expense ratio.

AWGIX

CIBC Atlas All Cap Growth Fund

XMMO

Invesco S&P MidCap Momentum ETF

Return for Risk

AWGIX vs. XMMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWGIX

AWGIX Risk / Return Rank: 5
AWGIX Sharpe Ratio Rank: 6
AWGIX Sortino Ratio Rank: 6
AWGIX Omega Ratio Rank: 6
AWGIX Calmar Ratio Rank: 5
AWGIX Martin Ratio Rank: 4

XMMO

XMMO Risk / Return Rank: 77
XMMO Sharpe Ratio Rank: 73
XMMO Sortino Ratio Rank: 74
XMMO Omega Ratio Rank: 70
XMMO Calmar Ratio Rank: 82
XMMO Martin Ratio Rank: 89

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.

AWGIX vs. XMMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas All Cap Growth Fund (AWGIX) and Invesco S&P MidCap Momentum ETF (XMMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AWGIX	XMMO	Difference
Sharpe ratio Return per unit of total volatility	0.01	1.34	-1.33
Sortino ratio Return per unit of downside risk	0.16	1.91	-1.75
Omega ratio Gain probability vs. loss probability	1.02	1.27	-0.25
Calmar ratio Return relative to maximum drawdown	-0.12	2.41	-2.53
Martin ratio Return relative to average drawdown	-0.40	11.42	-11.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWGIX vs. XMMO - Sharpe Ratio Comparison

The current AWGIX Sharpe Ratio is 0.01, which is lower than the XMMO Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of AWGIX and XMMO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AWGIX	XMMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	1.34	-1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.60	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.83	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.55	-0.26

Correlation

The correlation between AWGIX and XMMO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AWGIX vs. XMMO - Dividend Comparison

AWGIX's dividend yield for the trailing twelve months is around 6.42%, more than XMMO's 0.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWGIX CIBC Atlas All Cap Growth Fund	6.42%	5.64%	2.60%	1.17%	6.87%	11.20%	7.87%	10.11%	20.24%	0.00%	0.00%	0.00%
XMMO Invesco S&P MidCap Momentum ETF	0.70%	0.78%	0.34%	0.80%	1.43%	0.41%	0.61%	0.60%	0.19%	0.21%	0.22%	0.64%

Drawdowns

AWGIX vs. XMMO - Drawdown Comparison

The maximum AWGIX drawdown since its inception was -52.83%, roughly equal to the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for AWGIX and XMMO.

Drawdown Indicators

	AWGIX	XMMO	Difference
Max Drawdown Largest peak-to-trough decline	-52.83%	-55.37%	+2.54%
Max Drawdown (1Y) Largest decline over 1 year	-17.32%	-12.81%	-4.51%
Max Drawdown (5Y) Largest decline over 5 years	-33.79%	-27.91%	-5.88%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	-36.74%	+2.27%
Current Drawdown Current decline from peak	-20.09%	-2.62%	-17.47%
Average Drawdown Average peak-to-trough decline	-12.42%	-9.52%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.15%	2.70%	+2.45%

Volatility

AWGIX vs. XMMO - Volatility Comparison

The current volatility for CIBC Atlas All Cap Growth Fund (AWGIX) is 5.74%, while Invesco S&P MidCap Momentum ETF (XMMO) has a volatility of 9.04%. This indicates that AWGIX experiences smaller price fluctuations and is considered to be less risky than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWGIX	XMMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.74%	9.04%	-3.30%
Volatility (6M) Calculated over the trailing 6-month period	12.59%	14.39%	-1.80%
Volatility (1Y) Calculated over the trailing 1-year period	20.54%	22.03%	-1.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.32%	21.27%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.01%	22.11%	-1.10%