IMTG vs. XMMO
IMTG (Invesco Agency MBS ETF) and XMMO (Invesco S&P MidCap Momentum ETF) are both exchange-traded funds - IMTG is a Mortgage Backed Securities fund actively managed by Invesco, while XMMO is a Momentum fund tracking the S&P MidCap 400 Momentum Index. IMTG is actively managed, while XMMO is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. IMTG charges 0.22%/yr vs 0.35%/yr for XMMO.
Performance
IMTG vs. XMMO - Performance Comparison
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Returns By Period
IMTG
- 1D
- 0.10%
- 1M
- 0.91%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XMMO
- 1D
- 1.28%
- 1M
- 1.16%
- YTD
- 23.99%
- 6M
- 21.23%
- 1Y
- 36.84%
- 3Y*
- 31.28%
- 5Y*
- 15.91%
- 10Y*
- 20.61%
IMTG vs. XMMO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IMTG Invesco Agency MBS ETF | -0.35% |
XMMO Invesco S&P MidCap Momentum ETF | 15.27% |
Correlation
The correlation between IMTG and XMMO is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 25, 2026 | 0.51 |
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Return for Risk
IMTG vs. XMMO — Risk / Return Rank
IMTG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XMMO
IMTG vs. XMMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Agency MBS ETF (IMTG) 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.
| IMTG | XMMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.44 | — |
| Martin ratioReturn relative to average drawdown | — | 17.51 | — |
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Drawdowns
IMTG vs. XMMO - Drawdown Comparison
The maximum IMTG drawdown since its inception was -2.85%, smaller than the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for IMTG and XMMO.
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Drawdown Indicators
| IMTG | XMMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.85% | -55.37% | +52.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.74% | — |
Current DrawdownCurrent decline from peak | -0.74% | -1.55% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -1.38% | -9.43% | +8.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.11% | — |
Volatility
IMTG vs. XMMO - Volatility Comparison
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Volatility by Period
| IMTG | XMMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.72% | 19.94% | -15.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.72% | 21.65% | -16.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.72% | 22.32% | -17.60% |
IMTG vs. XMMO - Expense Ratio Comparison
IMTG has a 0.22% expense ratio, which is lower than XMMO's 0.35% expense ratio.
Dividends
IMTG vs. XMMO - Dividend Comparison
IMTG's dividend yield for the trailing twelve months is around 1.28%, more than XMMO's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMTG Invesco Agency MBS ETF | 1.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMMO Invesco S&P MidCap Momentum ETF | 0.56% | 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
IMTG and XMMO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMTG is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMTG is cheaper with a 0.22% expense ratio, compared with 0.35% for XMMO.
IMTG has the higher dividend yield at 1.28%, compared with 0.56% for XMMO.
IMTG is categorized as Mortgage Backed Securities, while XMMO is Momentum. Their fees differ too: 0.22% for IMTG and 0.35% for XMMO.
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