PVIVX vs. XMMO
Compare and contrast key facts about Paradigm Micro-cap Fund (PVIVX) and Invesco S&P MidCap Momentum ETF (XMMO).
PVIVX is managed by Paradigm Funds. It was launched on Dec 31, 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PVIVX or XMMO.
Correlation
The correlation between PVIVX and XMMO is 0.79, 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.
Performance
PVIVX vs. XMMO - Performance Comparison
Key characteristics
PVIVX:
-0.43
XMMO:
0.16
PVIVX:
-0.42
XMMO:
0.40
PVIVX:
0.95
XMMO:
1.05
PVIVX:
-0.37
XMMO:
0.16
PVIVX:
-1.09
XMMO:
0.50
PVIVX:
11.26%
XMMO:
7.97%
PVIVX:
28.90%
XMMO:
24.45%
PVIVX:
-54.12%
XMMO:
-55.37%
PVIVX:
-26.80%
XMMO:
-16.04%
Returns By Period
In the year-to-date period, PVIVX achieves a -17.53% return, which is significantly lower than XMMO's -7.46% return. Over the past 10 years, PVIVX has underperformed XMMO with an annualized return of 4.60%, while XMMO has yielded a comparatively higher 14.20% annualized return.
PVIVX
-17.53%
-6.32%
-21.35%
-13.38%
12.63%
4.60%
XMMO
-7.46%
-0.98%
-5.15%
4.29%
17.16%
14.20%
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PVIVX vs. XMMO - Expense Ratio Comparison
PVIVX has a 1.25% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
PVIVX vs. XMMO — Risk-Adjusted Performance Rank
PVIVX
XMMO
PVIVX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paradigm Micro-cap Fund (PVIVX) 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.
Dividends
PVIVX vs. XMMO - Dividend Comparison
PVIVX has not paid dividends to shareholders, while XMMO's dividend yield for the trailing twelve months is around 0.54%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PVIVX Paradigm Micro-cap Fund | 0.00% | 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 | 0.54% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
PVIVX vs. XMMO - Drawdown Comparison
The maximum PVIVX drawdown since its inception was -54.12%, roughly equal to the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for PVIVX and XMMO. For additional features, visit the drawdowns tool.
Volatility
PVIVX vs. XMMO - Volatility Comparison
Paradigm Micro-cap Fund (PVIVX) has a higher volatility of 16.49% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 14.77%. This indicates that PVIVX's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.