PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SNEX vs. XMMO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SNEX vs. XMMO

Last updated Jun 13, 2026

SNEX (StoneX Group Inc.) 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 10 years, SNEX returned 32.52%/yr vs 19.95%/yr for XMMO. At a 0.42 correlation, their price movements are largely independent.

Performance

SNEX vs. XMMO - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, SNEX achieves a 106.07% return, which is significantly higher than XMMO's 22.77% return. Over the past 10 years, SNEX has outperformed XMMO with an annualized return of 32.52%, while XMMO has yielded a comparatively lower 19.95% annualized return.

SNEX

1D
0.73%
1M
18.58%
YTD
106.07%
6M
101.21%
1Y
132.71%
3Y*
70.28%
5Y*
45.86%
10Y*
32.52%

XMMO

1D
0.96%
1M
0.41%
YTD
22.77%
6M
22.33%
1Y
37.93%
3Y*
30.62%
5Y*
15.91%
10Y*
19.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SNEX vs. XMMO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SNEX
StoneX Group Inc.		106.07%45.65%32.70%16.21%55.59%5.79%18.57%33.49%-13.99%7.40%
XMMO
Invesco S&P MidCap Momentum ETF		22.77%13.04%38.03%20.39%-16.02%16.69%29.17%36.78%6.12%37.18%

Correlation

The correlation between SNEX and XMMO is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.48

Correlation (5Y)
Calculated over the trailing 5-year period

0.51

Correlation (10Y)
Calculated over the trailing 10-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Mar 3, 2005

0.42

The correlation between SNEX and XMMO has been stable across timeframes, ranging from 0.42 to 0.51 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

StoneX Group Inc.

Invesco S&P MidCap Momentum ETF

Often compared with SNEX:
SNEX vs. QQQSNEX vs. MAINSNEX vs. CCAPSNEX vs. FASTSNEX vs. ^GSPCSNEX vs. CSWCSNEX vs. GAIN
Often compared with XMMO:
XMMO vs. SPMOXMMO vs. XMHQXMMO vs. VOOXMMO vs. MTUMXMMO vs. QMOMXMMO vs. SPGPXMMO vs. RFV

Return for Risk

SNEX vs. XMMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SNEX
SNEX Risk / Return Rank: 9494
Overall Rank
SNEX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
SNEX Sortino Ratio Rank: 9292
Sortino Ratio Rank
SNEX Omega Ratio Rank: 9393
Omega Ratio Rank
SNEX Calmar Ratio Rank: 9595
Calmar Ratio Rank
SNEX Martin Ratio Rank: 9494
Martin Ratio Rank
XMMO
XMMO Risk / Return Rank: 7474
Overall Rank
XMMO Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
XMMO Sortino Ratio Rank: 6565
Sortino Ratio Rank
XMMO Omega Ratio Rank: 6363
Omega Ratio Rank
XMMO Calmar Ratio Rank: 8888
Calmar Ratio Rank
XMMO Martin Ratio Rank: 8989
Martin Ratio Rank
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.

SNEX vs. XMMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for StoneX Group Inc. (SNEX) 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.

SNEXXMMODifference
Sharpe ratioReturn per unit of total volatility
3.09
1.86

+1.23

Sortino ratioReturn per unit of downside risk
3.26
2.58

+0.68

Omega ratioGain probability vs. loss probability

1.48

1.33

+0.15

Calmar ratioReturn relative to maximum drawdown

6.26

4.41

+1.85

Martin ratioReturn relative to average drawdown

16.05

17.54

-1.49

SNEX vs. XMMO - Sharpe Ratio Comparison

The current SNEX Sharpe Ratio is 3.09, which is higher than the XMMO Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of SNEX and XMMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SNEX vs. XMMO - Drawdown Comparison

The maximum SNEX drawdown since its inception was -97.89%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for SNEX and XMMO.

Loading charts...

Drawdown Indicators

SNEXXMMODifference

Max Drawdown

Largest peak-to-trough decline

-97.89%

-55.37%

-42.52%

Max Drawdown (1Y)

Largest decline over 1 year

-20.91%

-8.34%

-12.57%

Max Drawdown (3Y)

Largest decline over 3 years

-20.91%

-24.93%

+4.02%

Max Drawdown (5Y)

Largest decline over 5 years

-24.07%

-27.91%

+3.84%

Max Drawdown (10Y)

Largest decline over 10 years

-48.65%

-36.74%

-11.91%

Current Drawdown

Current decline from peak

0.00%

-1.19%

+1.19%

Average Drawdown

Average peak-to-trough decline

-42.89%

-9.44%

-33.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.15%

2.09%

+6.06%

Volatility

SNEX vs. XMMO - Volatility Comparison

StoneX Group Inc. (SNEX) has a higher volatility of 12.49% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 9.07%. This indicates that SNEX'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.

Loading charts...

Volatility by Period

SNEXXMMODifference

Volatility (1M)

Calculated over the trailing 1-month period

12.49%

9.07%

+3.42%

Volatility (6M)

Calculated over the trailing 6-month period

30.78%

16.76%

+14.02%

Volatility (1Y)

Calculated over the trailing 1-year period

42.37%

19.74%

+22.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.13%

21.62%

+13.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

36.47%

22.35%

+14.12%

Dividends

SNEX vs. XMMO - Dividend Comparison

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

PositionTTM20252024202320222021202020192018201720162015
SNEX
StoneX Group Inc.		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

SNEX and XMMO have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SNEX has higher volatility (12.49%) compared to XMMO (9.07%). In terms of maximum drawdown, SNEX dropped -97.89% vs XMMO's -55.37%.

SNEX currently has the higher Sharpe Ratio (3.09 vs 1.86), 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.

Portfolio Optimizer

Find the right allocation for SNEX and XMMO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer