QQQN vs. XMMO

Last updated Jul 19, 2026

QQQN (VictoryShares Nasdaq Next 50 ETF) and XMMO (Invesco S&P MidCap Momentum ETF) are both exchange-traded funds - QQQN is a Mid Cap Growth Equities fund tracking the Nasdaq Q-50 Index, while XMMO is a Momentum fund tracking the S&P MidCap 400 Momentum Index. Both are passively managed. QQQN charges 0.18%/yr vs 0.35%/yr for XMMO.

Performance

QQQN vs. XMMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Nasdaq Next 50 ETF (QQQN) and Invesco S&P MidCap Momentum ETF (XMMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMMO

• 1D: -0.53%
• 1M: -8.45%
• 6M: 10.08%
• YTD: 13.82%
• 1Y: 20.56%
• 3Y*: 24.79%
• 5Y*: 15.00%
• 10Y*: 18.54%

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

QQQN vs. XMMO - Yearly Performance Comparison

	2026 (YTD)
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%
XMMO Invesco S&P MidCap Momentum ETF	11.13%

QQQN vs. XMMO - Sectors Allocation Comparison

Sectors	QQQN	XMMO
Technology	47.3%	11.7%
Healthcare	19.9%	7.4%
Consumer Cyclical	13.7%	2.3%
Industrials	8.7%	42.4%
Communication Services	5.5%	1.5%
Basic Materials	1.9%	6.9%
Utilities	1.6%	5.9%
Consumer Defensive	1.4%	2.9%
Energy	-	9.8%
Financial Services	-	2.7%
Real Estate	-	6.4%

Return for Risk

QQQN vs. XMMO — Risk / Return Rank

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

QQQN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XMMO

XMMO Risk / Return Rank: 42
XMMO Sharpe Ratio Rank: 34
XMMO Sortino Ratio Rank: 34
XMMO Omega Ratio Rank: 33
XMMO Calmar Ratio Rank: 54
XMMO Martin Ratio Rank: 57

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.

QQQN vs. XMMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Nasdaq Next 50 ETF (QQQN) 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.

	QQQN	XMMO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.02	—
Sortino ratio: Return per unit of downside risk	—	1.51	—
Omega ratio: Gain probability vs. loss probability	—	1.19	—
Calmar ratio: Return relative to maximum drawdown	—	2.18	—
Martin ratio: Return relative to average drawdown	—	7.82	—

Drawdowns

QQQN vs. XMMO - Drawdown Comparison

The maximum QQQN drawdown since its inception was 0.00%, smaller than the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for QQQN and XMMO.

Drawdown Indicators

	QQQN	XMMO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.37%	+55.37%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.63%	—
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 Drawdown Current decline from peak	0.00%	-9.63%	+9.63%
Average Drawdown Average peak-to-trough decline	0.00%	-9.42%	+9.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.68%	—

Volatility

Volatility by Period

	QQQN	XMMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	20.67%	-20.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	21.75%	-21.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	22.35%	-22.35%

QQQN vs. XMMO - Expense Ratio Comparison

QQQN has a 0.18% expense ratio, which is lower than XMMO's 0.35% expense ratio.

Dividends

QQQN vs. XMMO - Dividend Comparison

QQQN has not paid dividends to shareholders, while XMMO's dividend yield for the trailing twelve months is around 0.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQN VictoryShares Nasdaq Next 50 ETF	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	0.61%	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

Which ETF is better, QQQN or XMMO?

On fees, QQQN is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQN or XMMO?

QQQN is cheaper with a 0.18% expense ratio, compared with 0.35% for XMMO.

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

XMMO has the higher dividend yield at 0.61%, compared with 0.00% for QQQN.

What is the main difference between QQQN and XMMO?

QQQN is categorized as Mid Cap Growth Equities, while XMMO is Momentum. QQQN tracks Nasdaq Q-50 Index, while XMMO tracks S&P MidCap 400 Momentum Index. They also come from different issuers: VictoryShares and Invesco. Their fees differ too: 0.18% for QQQN and 0.35% for XMMO.