BSVO vs. XMMO

Last updated Jun 24, 2026

BSVO (EA Bridgeway Omni Small-Cap Value ETF) and XMMO (Invesco S&P MidCap Momentum ETF) are both exchange-traded funds - BSVO is a Small Cap Value Equities fund actively managed by Bridgeway, while XMMO is a Momentum fund tracking the S&P MidCap 400 Momentum Index. BSVO is actively managed, while XMMO is passively managed. Over the past 3 years, BSVO returned 19.92%/yr vs 31.04%/yr for XMMO. A 0.72 correlation means they provide meaningful diversification when combined. BSVO charges 0.47%/yr vs 0.35%/yr for XMMO.

Performance

BSVO vs. XMMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Invesco S&P MidCap Momentum ETF (XMMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BSVO having a 22.35% return and XMMO slightly higher at 22.90%.

BSVO

• 1D: 0.72%
• 1M: 3.29%
• YTD: 22.35%
• 6M: 20.39%
• 1Y: 44.28%
• 3Y*: 19.92%
• 5Y*: —
• 10Y*: —

XMMO

• 1D: -2.42%
• 1M: 3.07%
• YTD: 22.90%
• 6M: 20.25%
• 1Y: 35.75%
• 3Y*: 31.04%
• 5Y*: 15.91%
• 10Y*: 20.13%

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

BSVO vs. XMMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSVO EA Bridgeway Omni Small-Cap Value ETF	22.35%	9.21%	4.68%	21.95%
XMMO Invesco S&P MidCap Momentum ETF	22.90%	13.04%	38.03%	21.75%

Correlation

The correlation between BSVO and XMMO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Mar 13, 2023	0.72

The correlation between BSVO and XMMO shifts across timeframes, from 0.62 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

BSVO vs. XMMO - Sectors Allocation Comparison

Sectors	BSVO	XMMO
Financial Services	33.1%	2.5%
Consumer Cyclical	15.1%	2.2%
Energy	14.2%	6.5%
Industrials	13.2%	41.5%
Basic Materials	6.0%	6.9%
Technology	5.7%	19.2%
Consumer Defensive	4.7%	2.7%
Communication Services	4.1%	1.3%
Healthcare	3.4%	6.3%
Real Estate	0.6%	5.4%
Utilities	-	5.6%

Return for Risk

BSVO vs. XMMO — Risk / Return Rank

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

BSVO

BSVO Risk / Return Rank: 81
BSVO Sharpe Ratio Rank: 79
BSVO Sortino Ratio Rank: 80
BSVO Omega Ratio Rank: 73
BSVO Calmar Ratio Rank: 91
BSVO Martin Ratio Rank: 81

XMMO

XMMO Risk / Return Rank: 66
XMMO Sharpe Ratio Rank: 55
XMMO Sortino Ratio Rank: 53
XMMO Omega Ratio Rank: 53
XMMO Calmar Ratio Rank: 83
XMMO Martin Ratio Rank: 85

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.

BSVO vs. XMMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EA Bridgeway Omni Small-Cap Value ETF (BSVO) 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.

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.

	BSVO	XMMO	Difference
Sharpe ratio: Return per unit of total volatility	2.35	1.80	+0.54
Sortino ratio: Return per unit of downside risk	3.30	2.50	+0.80
Omega ratio: Gain probability vs. loss probability	1.40	1.32	+0.08
Calmar ratio: Return relative to maximum drawdown	5.35	4.31	+1.04
Martin ratio: Return relative to average drawdown	15.22	17.07	-1.85

BSVO vs. XMMO - Sharpe Ratio Comparison

The current BSVO Sharpe Ratio is 2.35, which is higher than the XMMO Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of BSVO and XMMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BSVO vs. XMMO - Drawdown Comparison

The maximum BSVO drawdown since its inception was -28.67%, smaller than the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for BSVO and XMMO.

Drawdown Indicators

	BSVO	XMMO	Difference
Max Drawdown Largest peak-to-trough decline	-28.67%	-55.37%	+26.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-8.34%	+0.03%
Max Drawdown (3Y) Largest decline over 3 years	-28.67%	-24.93%	-3.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.74%	—
Current Drawdown Current decline from peak	-1.55%	-2.42%	+0.87%
Average Drawdown Average peak-to-trough decline	-5.65%	-9.43%	+3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	2.10%	+0.82%

Volatility

BSVO vs. XMMO - Volatility Comparison

The current volatility for EA Bridgeway Omni Small-Cap Value ETF (BSVO) is 4.98%, while Invesco S&P MidCap Momentum ETF (XMMO) has a volatility of 8.50%. This indicates that BSVO 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

	BSVO	XMMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	8.50%	-3.52%
Volatility (6M) Calculated over the trailing 6-month period	12.19%	16.79%	-4.60%
Volatility (1Y) Calculated over the trailing 1-year period	18.98%	19.94%	-0.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.65%	21.65%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	22.33%	-0.68%

BSVO vs. XMMO - Expense Ratio Comparison

BSVO has a 0.47% expense ratio, which is higher than XMMO's 0.35% expense ratio.

Dividends

BSVO vs. XMMO - Dividend Comparison

BSVO's dividend yield for the trailing twelve months is around 1.24%, more than XMMO's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSVO EA Bridgeway Omni Small-Cap Value ETF	1.24%	1.52%	1.61%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XMMO Invesco S&P MidCap Momentum ETF	0.57%	0.78%	0.34%	0.80%	1.43%	0.41%	0.61%	0.60%	0.19%	0.21%	0.22%	0.64%

Frequently Asked Questions

Can I hold both BSVO and XMMO in my portfolio?

BSVO and XMMO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSVO or XMMO?

XMMO has higher volatility (8.50%) compared to BSVO (4.98%). In terms of maximum drawdown, BSVO dropped -28.67% vs XMMO's -55.37%.

Which ETF is better, BSVO or XMMO?

On 3-year performance, XMMO leads with 31.04% vs 19.92% for BSVO. On fees, XMMO is cheaper at 0.35% per year. On volatility, BSVO has been the lower-risk option at 4.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSVO or XMMO?

Over the 3-year period, XMMO has performed better with a 31.04% return vs 19.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSVO or XMMO?

XMMO is cheaper with a 0.35% expense ratio, compared with 0.47% for BSVO.

Which ETF pays a higher dividend yield, BSVO or XMMO?

BSVO has the higher dividend yield at 1.24%, compared with 0.57% for XMMO.

What is the main difference between BSVO and XMMO?

BSVO is categorized as Small Cap Value Equities, while XMMO is Momentum. They also come from different issuers: Bridgeway and Invesco. Their fees differ too: 0.47% for BSVO and 0.35% for XMMO.

Which has better risk-adjusted returns?

BSVO currently has the higher Sharpe Ratio (2.35 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.