RDW vs. XMMO
RDW (Redwire Corporation) is a stock, while XMMO (Invesco S&P MidCap Momentum ETF) is Momentum fund tracking the S&P MidCap 400 Momentum Index. Over the past 3 years, RDW returned 79.83%/yr vs 30.62%/yr for XMMO. At a 0.42 correlation, their price movements are largely independent.
Performance
RDW vs. XMMO - Performance Comparison
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Returns By Period
In the year-to-date period, RDW achieves a 98.95% return, which is significantly higher than XMMO's 22.77% return.
RDW
- 1D
- -11.53%
- 1M
- 31.94%
- YTD
- 98.95%
- 6M
- 107.41%
- 1Y
- -21.74%
- 3Y*
- 79.83%
- 5Y*
- —
- 10Y*
- —
XMMO
- 1D
- 0.96%
- 1M
- 0.99%
- YTD
- 22.77%
- 6M
- 22.33%
- 1Y
- 36.63%
- 3Y*
- 30.62%
- 5Y*
- 15.91%
- 10Y*
- 19.95%
RDW vs. XMMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RDW Redwire Corporation | 98.95% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
XMMO Invesco S&P MidCap Momentum ETF | 22.77% | 13.04% | 38.03% | 20.39% | -16.02% | 3.81% |
Correlation
The correlation between RDW and XMMO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.42 |
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Return for Risk
RDW vs. XMMO — Risk / Return Rank
RDW
XMMO
RDW vs. XMMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) 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.
| RDW | XMMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.33 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 4.41 | -4.70 |
| Martin ratioReturn relative to average drawdown | -0.42 | 17.54 | -17.96 |
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Drawdowns
RDW vs. XMMO - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for RDW and XMMO.
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Drawdown Indicators
| RDW | XMMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -55.37% | -31.89% |
Max Drawdown (1Y)Largest decline over 1 year | -75.40% | -8.34% | -67.06% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -24.93% | -55.35% |
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 | -41.62% | -1.19% | -40.43% |
Average DrawdownAverage peak-to-trough decline | -59.30% | -9.44% | -49.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.88% | 2.09% | +49.79% |
Volatility
RDW vs. XMMO - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 53.68% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 9.07%. This indicates that RDW'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.
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Volatility by Period
| RDW | XMMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.68% | 9.07% | +44.61% |
Volatility (6M)Calculated over the trailing 6-month period | 94.49% | 16.76% | +77.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.63% | 19.74% | +98.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.83% | 21.62% | +75.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.83% | 22.35% | +74.48% |
Dividends
RDW vs. XMMO - Dividend Comparison
RDW 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RDW Redwire Corporation | 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
RDW and XMMO have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (53.68%) compared to XMMO (9.07%). In terms of maximum drawdown, RDW dropped -87.26% vs XMMO's -55.37%.
XMMO currently has the higher Sharpe Ratio (1.86 vs -0.18), 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.
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