RFV vs. XMVM
Compare and contrast key facts about Invesco S&P MidCap 400® Pure Value ETF (RFV) and Invesco S&P MidCap Value with Momentum ETF (XMVM).
RFV and XMVM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RFV is a passively managed fund by Invesco that tracks the performance of the S&P Mid Cap 400 Pure Value. It was launched on Mar 1, 2006. XMVM is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 High Momentum Value Index. It was launched on Mar 3, 2005. Both RFV and XMVM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RFV or XMVM.
Performance
RFV vs. XMVM - Performance Comparison
Returns By Period
In the year-to-date period, RFV achieves a 9.97% return, which is significantly lower than XMVM's 20.34% return. Both investments have delivered pretty close results over the past 10 years, with RFV having a 10.69% annualized return and XMVM not far behind at 10.29%.
RFV
9.97%
6.40%
11.72%
24.43%
15.71%
10.69%
XMVM
20.34%
7.00%
15.00%
31.70%
13.97%
10.29%
Key characteristics
| RFV | XMVM | |
|---|---|---|
| Sharpe Ratio | 1.32 | 1.76 |
| Sortino Ratio | 1.91 | 2.55 |
| Omega Ratio | 1.24 | 1.31 |
| Calmar Ratio | 2.75 | 3.55 |
| Martin Ratio | 5.90 | 9.57 |
| Ulcer Index | 4.23% | 3.42% |
| Daily Std Dev | 18.94% | 18.60% |
| Max Drawdown | -71.82% | -62.83% |
| Current Drawdown | -0.43% | -1.15% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RFV vs. XMVM - Expense Ratio Comparison
RFV has a 0.35% expense ratio, which is lower than XMVM's 0.39% expense ratio.
Correlation
The correlation between RFV and XMVM is 0.87, 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.
Risk-Adjusted Performance
RFV vs. XMVM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap 400® Pure Value ETF (RFV) 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.
Dividends
RFV vs. XMVM - Dividend Comparison
RFV's dividend yield for the trailing twelve months is around 1.19%, less than XMVM's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFV Invesco S&P MidCap 400® Pure Value ETF | 1.19% | 1.27% | 2.05% | 1.60% | 1.52% | 1.71% | 1.39% | 1.36% | 0.88% | 1.79% | 1.19% | 0.80% |
XMVM Invesco S&P MidCap Value with Momentum ETF | 1.26% | 1.57% | 1.76% | 1.10% | 1.37% | 1.73% | 2.87% | 2.22% | 2.27% | 2.58% | 1.52% | 1.39% |
Drawdowns
RFV vs. XMVM - Drawdown Comparison
The maximum RFV drawdown since its inception was -71.82%, which is greater than XMVM's maximum drawdown of -62.83%. Use the drawdown chart below to compare losses from any high point for RFV and XMVM. For additional features, visit the drawdowns tool.
Volatility
RFV vs. XMVM - Volatility Comparison
The current volatility for Invesco S&P MidCap 400® Pure Value ETF (RFV) is 6.40%, while Invesco S&P MidCap Value with Momentum ETF (XMVM) has a volatility of 8.07%. This indicates that RFV experiences smaller price fluctuations and is considered to be less risky than XMVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.