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VGT vs. XSVM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VGT vs. XSVM

Last updated Jun 13, 2026

VGT (Vanguard Information Technology ETF) and XSVM (Invesco S&P SmallCap Value with Momentum ETF) are both exchange-traded funds - VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index, while XSVM is a Momentum fund tracking the S&P SmallCap 600 High Momentum Value Index. Both are passively managed. Over the past 10 years, VGT returned 25.19%/yr vs 13.23%/yr for XSVM. A 0.63 correlation means they provide meaningful diversification when combined. VGT charges 0.09%/yr vs 0.37%/yr for XSVM.

Performance

VGT vs. XSVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology ETF (VGT) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VGT achieves a 24.03% return, which is significantly higher than XSVM's 21.88% return. Over the past 10 years, VGT has outperformed XSVM with an annualized return of 25.19%, while XSVM has yielded a comparatively lower 13.23% annualized return.

VGT

1D
0.58%
1M
1.35%
YTD
24.03%
6M
24.13%
1Y
50.48%
3Y*
29.84%
5Y*
20.35%
10Y*
25.19%

XSVM

1D
1.17%
1M
5.46%
YTD
21.88%
6M
18.48%
1Y
42.01%
3Y*
16.38%
5Y*
7.44%
10Y*
13.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VGT vs. XSVM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VGT
Vanguard Information Technology ETF		24.03%21.77%29.30%52.66%-29.70%30.45%46.04%48.62%2.46%37.08%
XSVM
Invesco S&P SmallCap Value with Momentum ETF		21.88%7.47%2.30%20.20%-13.63%56.36%5.08%30.01%-12.33%3.62%

Correlation

The correlation between VGT and XSVM is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.40

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

0.45

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

0.53

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

0.49

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

0.63

Over the past year, the correlation between VGT and XSVM has dropped to 0.40 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

VGT vs. XSVM - Sectors Allocation Comparison

Sectors
VGT
XSVM

Technology

98.5%
7.8%

Communication Services

0.5%
2.9%

Financial Services

0.5%
38.8%

Industrials

0.4%
6.7%

Energy

0.3%
9.9%

Consumer Cyclical

0.1%
17.0%

Basic Materials

0.0%
1.9%

Healthcare

0.0%
1.4%

Consumer Defensive

-

7.3%

Real Estate

-

5.0%

Utilities

-

1.3%

Technology

VGT
98.5%
XSVM
7.8%

Communication Services

VGT
0.5%
XSVM
2.9%

Financial Services

VGT
0.5%
XSVM
38.8%

Industrials

VGT
0.4%
XSVM
6.7%

Energy

VGT
0.3%
XSVM
9.9%

Consumer Cyclical

VGT
0.1%
XSVM
17.0%

Basic Materials

VGT
0.0%
XSVM
1.9%

Healthcare

VGT
0.0%
XSVM
1.4%

Consumer Defensive

VGT

-

XSVM
7.3%

Real Estate

VGT

-

XSVM
5.0%

Utilities

VGT

-

XSVM
1.3%

Compare stocks, funds, or ETFs

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

Vanguard Information Technology ETF

Invesco S&P SmallCap Value with Momentum ETF

Often compared with VGT:
VGT vs. QQQVGT vs. VOOVGT vs. QQQMVGT vs. SMHVGT vs. VUGVGT vs. FTECVGT vs. XLK
Often compared with XSVM:
XSVM vs. XSMOXSVM vs. AVUVXSVM vs. RWJXSVM vs. XSHQXSVM vs. SPHBXSVM vs. DGRSXSVM vs. RYPRX

Return for Risk

VGT vs. XSVM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VGT
VGT Risk / Return Rank: 7070
Overall Rank
VGT Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
VGT Sortino Ratio Rank: 7171
Sortino Ratio Rank
VGT Omega Ratio Rank: 7272
Omega Ratio Rank
VGT Calmar Ratio Rank: 6767
Calmar Ratio Rank
VGT Martin Ratio Rank: 5959
Martin Ratio Rank
XSVM
XSVM Risk / Return Rank: 7676
Overall Rank
XSVM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XSVM Sortino Ratio Rank: 7878
Sortino Ratio Rank
XSVM Omega Ratio Rank: 7272
Omega Ratio Rank
XSVM Calmar Ratio Rank: 8383
Calmar Ratio Rank
XSVM Martin Ratio Rank: 7373
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.

VGT vs. XSVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology ETF (VGT) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). 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.

VGTXSVMDifference
Sharpe ratioReturn per unit of total volatility
2.19
2.09

+0.10

Sortino ratioReturn per unit of downside risk
2.74
3.00

-0.26

Omega ratioGain probability vs. loss probability

1.36

1.37

0.00

Calmar ratioReturn relative to maximum drawdown

2.94

3.86

-0.92

Martin ratioReturn relative to average drawdown

9.11

11.98

-2.88

VGT vs. XSVM - Sharpe Ratio Comparison

The current VGT Sharpe Ratio is 2.19, which is comparable to the XSVM Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of VGT and XSVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

VGT vs. XSVM - Drawdown Comparison

The maximum VGT drawdown since its inception was -54.63%, smaller than the maximum XSVM drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for VGT and XSVM.

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Drawdown Indicators

VGTXSVMDifference

Max Drawdown

Largest peak-to-trough decline

-54.63%

-62.57%

+7.94%

Max Drawdown (1Y)

Largest decline over 1 year

-16.40%

-10.08%

-6.32%

Max Drawdown (3Y)

Largest decline over 3 years

-27.23%

-26.21%

-1.02%

Max Drawdown (5Y)

Largest decline over 5 years

-35.07%

-26.21%

-8.86%

Max Drawdown (10Y)

Largest decline over 10 years

-35.07%

-49.02%

+13.95%

Current Drawdown

Current decline from peak

-7.18%

0.00%

-7.18%

Average Drawdown

Average peak-to-trough decline

-7.95%

-11.55%

+3.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.28%

3.26%

+2.02%

Volatility

VGT vs. XSVM - Volatility Comparison

Vanguard Information Technology ETF (VGT) has a higher volatility of 10.00% compared to Invesco S&P SmallCap Value with Momentum ETF (XSVM) at 5.09%. This indicates that VGT's price experiences larger fluctuations and is considered to be riskier than XSVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VGTXSVMDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.00%

5.09%

+4.91%

Volatility (6M)

Calculated over the trailing 6-month period

18.00%

12.03%

+5.97%

Volatility (1Y)

Calculated over the trailing 1-year period

22.00%

18.60%

+3.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.40%

22.61%

+2.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.72%

25.08%

-0.36%

VGT vs. XSVM - Expense Ratio Comparison

VGT has a 0.09% expense ratio, which is lower than XSVM's 0.37% expense ratio.

Dividends

VGT vs. XSVM - Dividend Comparison

VGT's dividend yield for the trailing twelve months is around 0.33%, less than XSVM's 1.74% yield.

PositionTTM20252024202320222021202020192018201720162015
VGT
Vanguard Information Technology ETF		0.33%0.40%0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%
XSVM
Invesco S&P SmallCap Value with Momentum ETF		1.74%2.29%1.69%1.31%1.79%1.23%1.21%1.22%2.54%1.90%2.29%2.68%

Frequently Asked Questions

VGT and XSVM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VGT has higher volatility (10.00%) compared to XSVM (5.09%). In terms of maximum drawdown, VGT dropped -54.63% vs XSVM's -62.57%.

On 10-year performance, VGT leads with 25.19% vs 13.23% for XSVM. On fees, VGT is cheaper at 0.09% per year. On volatility, XSVM has been the lower-risk option at 5.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VGT has performed better with a 25.19% return vs 13.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VGT is cheaper with a 0.09% expense ratio, compared with 0.37% for XSVM.

XSVM has the higher dividend yield at 1.74%, compared with 0.33% for VGT.

VGT is categorized as Technology Equities, while XSVM is Momentum. VGT tracks MSCI USA IMI Information Technology 25/50 Index, while XSVM tracks S&P SmallCap 600 High Momentum Value Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.09% for VGT and 0.37% for XSVM.

VGT currently has the higher Sharpe Ratio (2.19 vs 2.09), 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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