SSCP vs. XSMO

Last updated Aug 5, 2026

SSCP (SMART Small Cap ETF) and XSMO (Invesco S&P SmallCap Momentum ETF) are both exchange-traded funds - SSCP is a Small Cap Growth Equities fund actively managed by SmartWay, while XSMO is a Momentum fund tracking the S&P SmallCap 600 Momentum Index. SSCP is actively managed, while XSMO is passively managed. Their 0.59 correlation means they have sometimes moved together and sometimes differently. SSCP charges 0.79%/yr vs 0.36%/yr for XSMO.

Performance

SSCP vs. XSMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SMART Small Cap ETF (SSCP) and Invesco S&P SmallCap Momentum ETF (XSMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SSCP

• 1D: 1.02%
• 1M: 1.66%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

XSMO

• 1D: 2.03%
• 1M: -0.34%
• 6M: 16.93%
• YTD: 25.55%
• 1Y: 33.18%
• 3Y*: 22.39%
• 5Y*: 12.01%
• 10Y*: 14.22%
• ALL TIME*: 9.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SSCP SMART Small Cap ETF	$30.14K	$47.47K	$106.93K
XSMO Invesco S&P SmallCap Momentum ETF	$22.00M	$21.83M	$21.29M

SSCP vs. XSMO - Yearly Performance Comparison

	2026 (YTD)
SSCP SMART Small Cap ETF	6.86%
XSMO Invesco S&P SmallCap Momentum ETF	3.08%

Correlation

The correlation between SSCP and XSMO is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 12, 2026	0.59

Return for Risk

SSCP vs. XSMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SSCP

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

XSMO

XSMO Risk / Return Rank: 69
XSMO Sharpe Ratio Rank: 63
XSMO Sortino Ratio Rank: 67
XSMO Omega Ratio Rank: 58
XSMO Calmar Ratio Rank: 84
XSMO Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SSCP vs. XSMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SMART Small Cap ETF (SSCP) and Invesco S&P SmallCap Momentum ETF (XSMO). 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.

	SSCP	XSMO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.67	—
Sortino ratio: Return per unit of downside risk	—	2.46	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.53	—
Martin ratio: Return relative to average drawdown	—	10.60	—

Drawdowns

SSCP vs. XSMO - Drawdown Comparison

The maximum SSCP drawdown since its inception was -4.50%, smaller than the maximum XSMO drawdown of -58.06%. Use the drawdown chart below to compare losses from any high point for SSCP and XSMO.

Drawdown Indicators

	SSCP	XSMO	Difference
Max Drawdown Largest peak-to-trough decline	-4.50%	-58.06%	+53.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.44%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.39%	—
Current Drawdown Current decline from peak	0.00%	-3.73%	+3.73%
Average Drawdown Average peak-to-trough decline	-1.34%	-11.07%	+9.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.14%	—

Volatility

Volatility by Period

	SSCP	XSMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.07%	20.01%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.07%	22.62%	-3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.07%	24.15%	-5.08%

SSCP vs. XSMO - Expense Ratio Comparison

SSCP has a 0.79% expense ratio, which is higher than XSMO's 0.36% expense ratio.

Dividends

SSCP vs. XSMO - Dividend Comparison

SSCP has not paid dividends to shareholders, while XSMO's dividend yield for the trailing twelve months is around 0.53%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SSCP SMART Small Cap 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%
XSMO Invesco S&P SmallCap Momentum ETF	0.53%	0.75%	0.63%	0.96%	1.19%	0.30%	0.82%	0.69%	0.66%	0.27%	0.30%	0.35%

Frequently Asked Questions

Can I hold both SSCP and XSMO in my portfolio?

SSCP and XSMO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SSCP or XSMO?

On fees, XSMO is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SSCP or XSMO?

XSMO is cheaper with a 0.36% expense ratio, compared with 0.79% for SSCP.

Which ETF pays a higher dividend yield, SSCP or XSMO?

XSMO has the higher dividend yield at 0.53%, compared with 0.00% for SSCP.

What is the main difference between SSCP and XSMO?

SSCP is categorized as Small Cap Growth Equities, while XSMO is Momentum. They also come from different issuers: SmartWay and Invesco. Their fees differ too: 0.79% for SSCP and 0.36% for XSMO.