CCFE vs. XMVM

Last updated Jun 24, 2026

CCFE (Concourse Capital Focused Equity ETF) and XMVM (Invesco S&P MidCap Value with Momentum ETF) are both exchange-traded funds - CCFE is a Mid Cap Value Equities fund actively managed by Concourse Capital, while XMVM is a Momentum fund tracking the S&P MidCap 400 High Momentum Value Index. CCFE is actively managed, while XMVM is passively managed. Over the past year, CCFE returned 12.20% vs 30.72% for XMVM. A 0.69 correlation means they provide meaningful diversification when combined. CCFE charges 0.95%/yr vs 0.39%/yr for XMVM.

Performance

CCFE vs. XMVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Concourse Capital Focused Equity ETF (CCFE) and Invesco S&P MidCap Value with Momentum ETF (XMVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCFE achieves a 2.37% return, which is significantly lower than XMVM's 10.77% return.

CCFE

• 1D: -1.72%
• 1M: 1.00%
• YTD: 2.37%
• 6M: 0.64%
• 1Y: 12.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMVM

• 1D: 0.27%
• 1M: 2.58%
• YTD: 10.77%
• 6M: 8.75%
• 1Y: 30.72%
• 3Y*: 18.96%
• 5Y*: 11.21%
• 10Y*: 12.13%

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

CCFE vs. XMVM - Yearly Performance Comparison

	2026 (YTD)	2025
CCFE Concourse Capital Focused Equity ETF	2.37%	6.24%
XMVM Invesco S&P MidCap Value with Momentum ETF	10.77%	18.98%

Correlation

The correlation between CCFE and XMVM is 0.69, 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	0.69
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.69

The correlation between CCFE and XMVM has been stable across timeframes, ranging from 0.69 to 0.69 - a consistent structural relationship.

Return for Risk

CCFE vs. XMVM — Risk / Return Rank

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

CCFE

CCFE Risk / Return Rank: 16
CCFE Sharpe Ratio Rank: 17
CCFE Sortino Ratio Rank: 18
CCFE Omega Ratio Rank: 16
CCFE Calmar Ratio Rank: 16
CCFE Martin Ratio Rank: 15

XMVM

XMVM Risk / Return Rank: 65
XMVM Sharpe Ratio Rank: 65
XMVM Sortino Ratio Rank: 67
XMVM Omega Ratio Rank: 63
XMVM Calmar Ratio Rank: 71
XMVM Martin Ratio Rank: 61

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.

CCFE vs. XMVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Concourse Capital Focused Equity ETF (CCFE) and Invesco S&P MidCap Value with Momentum ETF (XMVM). 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.

	CCFE	XMVM	Difference
Sharpe ratio: Return per unit of total volatility	0.50	2.03	-1.53
Sortino ratio: Return per unit of downside risk	0.91	2.92	-2.01
Omega ratio: Gain probability vs. loss probability	1.10	1.36	-0.26
Calmar ratio: Return relative to maximum drawdown	0.58	3.36	-2.78
Martin ratio: Return relative to average drawdown	1.37	10.39	-9.02

CCFE vs. XMVM - Sharpe Ratio Comparison

The current CCFE Sharpe Ratio is 0.50, which is lower than the XMVM Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of CCFE and XMVM, 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

CCFE vs. XMVM - Drawdown Comparison

The maximum CCFE drawdown since its inception was -21.15%, smaller than the maximum XMVM drawdown of -62.83%. Use the drawdown chart below to compare losses from any high point for CCFE and XMVM.

Drawdown Indicators

	CCFE	XMVM	Difference
Max Drawdown Largest peak-to-trough decline	-21.15%	-62.83%	+41.68%
Max Drawdown (1Y) Largest decline over 1 year	-21.15%	-9.18%	-11.97%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.07%	—
Current Drawdown Current decline from peak	-14.46%	-1.22%	-13.24%
Average Drawdown Average peak-to-trough decline	-6.79%	-10.25%	+3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.92%	2.96%	+5.96%

Volatility

CCFE vs. XMVM - Volatility Comparison

Concourse Capital Focused Equity ETF (CCFE) has a higher volatility of 6.56% compared to Invesco S&P MidCap Value with Momentum ETF (XMVM) at 3.29%. This indicates that CCFE's price experiences larger fluctuations and is considered to be riskier than XMVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCFE	XMVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	3.29%	+3.27%
Volatility (6M) Calculated over the trailing 6-month period	18.92%	9.65%	+9.27%
Volatility (1Y) Calculated over the trailing 1-year period	24.59%	15.26%	+9.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.49%	21.45%	+3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.49%	22.81%	+1.68%

CCFE vs. XMVM - Expense Ratio Comparison

CCFE has a 0.95% expense ratio, which is higher than XMVM's 0.39% expense ratio.

Dividends

CCFE vs. XMVM - Dividend Comparison

CCFE's dividend yield for the trailing twelve months is around 0.02%, less than XMVM's 1.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCFE Concourse Capital Focused Equity ETF	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XMVM Invesco S&P MidCap Value with Momentum ETF	1.89%	2.07%	1.43%	1.57%	1.76%	1.10%	1.37%	1.73%	2.87%	2.22%	2.27%	2.58%

Frequently Asked Questions

Can I hold both CCFE and XMVM in my portfolio?

CCFE and XMVM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCFE or XMVM?

CCFE has higher volatility (6.56%) compared to XMVM (3.29%). In terms of maximum drawdown, CCFE dropped -21.15% vs XMVM's -62.83%.

Which ETF is better, CCFE or XMVM?

On 1-year performance, XMVM leads with 30.72% vs 12.20% for CCFE. On fees, XMVM is cheaper at 0.39% per year. On volatility, XMVM has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCFE or XMVM?

Over the 1-year period, XMVM has performed better with a 30.72% return vs 12.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCFE or XMVM?

XMVM is cheaper with a 0.39% expense ratio, compared with 0.95% for CCFE.

Which ETF pays a higher dividend yield, CCFE or XMVM?

XMVM has the higher dividend yield at 1.89%, compared with 0.02% for CCFE.

What is the main difference between CCFE and XMVM?

CCFE is categorized as Mid Cap Value Equities, while XMVM is Momentum. They also come from different issuers: Concourse Capital and Invesco. Their fees differ too: 0.95% for CCFE and 0.39% for XMVM.

Which has better risk-adjusted returns?

XMVM currently has the higher Sharpe Ratio (2.03 vs 0.50), 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.