BSVO vs. XSMO

Last updated Jun 3, 2026

BSVO (EA Bridgeway Omni Small-Cap Value ETF) and XSMO (Invesco S&P SmallCap Momentum ETF) are both exchange-traded funds - BSVO is a Small Cap Value Equities fund actively managed by Bridgeway, while XSMO is a Momentum fund tracking the S&P SmallCap 600 Momentum Index. BSVO is actively managed, while XSMO is passively managed. Over the past 3 years, BSVO returned 19.30%/yr vs 24.74%/yr for XSMO. Their correlation of 0.85 suggests significant overlap in exposure. BSVO charges 0.47%/yr vs 0.36%/yr for XSMO.

Performance

BSVO vs. XSMO - 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 SmallCap Momentum ETF (XSMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSVO achieves a 20.33% return, which is significantly lower than XSMO's 22.64% return.

BSVO

• 1D: 1.20%
• 1M: 0.52%
• YTD: 20.33%
• 6M: 21.63%
• 1Y: 46.60%
• 3Y*: 19.30%
• 5Y*: —
• 10Y*: —

XSMO

• 1D: 1.45%
• 1M: 1.22%
• YTD: 22.64%
• 6M: 21.99%
• 1Y: 34.67%
• 3Y*: 24.74%
• 5Y*: 11.36%
• 10Y*: 14.68%

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

BSVO vs. XSMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSVO EA Bridgeway Omni Small-Cap Value ETF	20.33%	9.21%	4.68%	22.38%
XSMO Invesco S&P SmallCap Momentum ETF	22.64%	9.80%	17.45%	28.26%

Correlation

The correlation between BSVO and XSMO is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 14, 2023	0.85

The correlation between BSVO and XSMO has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.

BSVO vs. XSMO - Sectors Allocation Comparison

Sectors	BSVO	XSMO
Financial Services	32.3%	12.3%
Energy	15.8%	3.1%
Consumer Cyclical	14.3%	9.0%
Industrials	13.8%	19.5%
Basic Materials	6.0%	5.8%
Technology	4.9%	20.9%
Consumer Defensive	4.8%	2.4%
Communication Services	3.9%	4.1%
Healthcare	3.6%	13.9%
Real Estate	0.6%	5.0%
Utilities	-	4.0%

Return for Risk

BSVO vs. XSMO — Risk / Return Rank

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

BSVO

BSVO Risk / Return Rank: 78
BSVO Sharpe Ratio Rank: 75
BSVO Sortino Ratio Rank: 77
BSVO Omega Ratio Rank: 71
BSVO Calmar Ratio Rank: 90
BSVO Martin Ratio Rank: 79

XSMO

XSMO Risk / Return Rank: 61
XSMO Sharpe Ratio Rank: 53
XSMO Sortino Ratio Rank: 55
XSMO Omega Ratio Rank: 50
XSMO Calmar Ratio Rank: 76
XSMO Martin Ratio Rank: 70

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. XSMO - 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 SmallCap Momentum ETF (XSMO). 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.

	BSVO	XSMO	Difference
Sharpe ratio Return per unit of total volatility	2.49	1.86	+0.63
Sortino ratio Return per unit of downside risk	3.50	2.67	+0.83
Omega ratio Gain probability vs. loss probability	1.43	1.32	+0.11
Calmar ratio Return relative to maximum drawdown	5.54	3.90	+1.64
Martin ratio Return relative to average drawdown	15.82	13.35	+2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSVO vs. XSMO - Sharpe Ratio Comparison

The current BSVO Sharpe Ratio is 2.49, which is higher than the XSMO Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of BSVO and XSMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSVO	XSMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	1.86	+0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.39	+0.42

Drawdowns

BSVO vs. XSMO - Drawdown Comparison

The maximum BSVO drawdown since its inception was -28.67%, smaller than the maximum XSMO drawdown of -58.06%. Use the drawdown chart below to compare losses from any high point for BSVO and XSMO.

Drawdown Indicators

	BSVO	XSMO	Difference
Max Drawdown Largest peak-to-trough decline	-28.67%	-58.06%	+29.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-8.89%	+0.58%
Max Drawdown (3Y) Largest decline over 3 years	-28.67%	-24.76%	-3.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.39%	—
Current Drawdown Current decline from peak	0.00%	-1.17%	+1.17%
Average Drawdown Average peak-to-trough decline	-5.74%	-11.13%	+5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.60%	+0.31%

Volatility

BSVO vs. XSMO - Volatility Comparison

The current volatility for EA Bridgeway Omni Small-Cap Value ETF (BSVO) is 4.69%, while Invesco S&P SmallCap Momentum ETF (XSMO) has a volatility of 6.35%. This indicates that BSVO experiences smaller price fluctuations and is considered to be less risky than XSMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSVO	XSMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	6.35%	-1.66%
Volatility (6M) Calculated over the trailing 6-month period	11.78%	14.18%	-2.40%
Volatility (1Y) Calculated over the trailing 1-year period	18.78%	18.72%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.71%	22.71%	-1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.71%	24.12%	-2.41%

BSVO vs. XSMO - Expense Ratio Comparison

BSVO has a 0.47% expense ratio, which is higher than XSMO's 0.36% expense ratio.

Dividends

BSVO vs. XSMO - Dividend Comparison

BSVO's dividend yield for the trailing twelve months is around 1.26%, more than XSMO's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSVO EA Bridgeway Omni Small-Cap Value ETF	1.26%	1.52%	1.61%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSMO Invesco S&P SmallCap Momentum ETF	0.53%	0.75%	0.63%	0.96%	1.19%	0.30%	0.82%	0.69%	0.66%	0.27%	0.30%	0.35%

Frequently Asked Questions

Can I hold both BSVO and XSMO in my portfolio?

BSVO and XSMO have a correlation of 0.82, 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 XSMO?

XSMO has higher volatility (6.35%) compared to BSVO (4.69%). In terms of maximum drawdown, BSVO dropped -28.67% vs XSMO's -58.06%.

Which ETF is better, BSVO or XSMO?

On 3-year performance, XSMO leads with 24.74% vs 19.30% for BSVO. On fees, XSMO is cheaper at 0.36% per year. On volatility, BSVO has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSVO or XSMO?

Over the 3-year period, XSMO has performed better with a 24.74% return vs 19.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSVO or XSMO?

XSMO is cheaper with a 0.36% expense ratio, compared with 0.47% for BSVO.

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

BSVO has the higher dividend yield at 1.26%, compared with 0.53% for XSMO.

What is the main difference between BSVO and XSMO?

BSVO is categorized as Small Cap Value Equities, while XSMO is Momentum. They also come from different issuers: Bridgeway and Invesco. Their fees differ too: 0.47% for BSVO and 0.36% for XSMO.

Which has better risk-adjusted returns?

BSVO currently has the higher Sharpe Ratio (2.49 vs 1.86), 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.