XLIP.L vs. XMMO
Compare and contrast key facts about Invesco US Industrials Sector UCITS ETF (XLIP.L) and Invesco S&P MidCap Momentum ETF (XMMO).
XLIP.L and XMMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLIP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Materials NR USD. It was launched on Dec 16, 2009. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005. Both XLIP.L and XMMO 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: XLIP.L or XMMO.
Correlation
The correlation between XLIP.L and XMMO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XLIP.L vs. XMMO - Performance Comparison
Key characteristics
XLIP.L:
1.60
XMMO:
1.67
XLIP.L:
2.47
XMMO:
2.39
XLIP.L:
1.29
XMMO:
1.29
XLIP.L:
2.93
XMMO:
3.60
XLIP.L:
7.32
XMMO:
8.77
XLIP.L:
2.97%
XMMO:
3.82%
XLIP.L:
13.51%
XMMO:
20.02%
XLIP.L:
-34.56%
XMMO:
-55.37%
XLIP.L:
-3.31%
XMMO:
-4.67%
Returns By Period
The year-to-date returns for both investments are quite close, with XLIP.L having a 4.97% return and XMMO slightly higher at 5.06%. Over the past 10 years, XLIP.L has underperformed XMMO with an annualized return of 13.09%, while XMMO has yielded a comparatively higher 15.78% annualized return.
XLIP.L
4.97%
3.55%
15.23%
21.60%
12.82%
13.09%
XMMO
5.06%
3.16%
15.09%
30.39%
16.37%
15.78%
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XLIP.L vs. XMMO - Expense Ratio Comparison
XLIP.L has a 0.14% expense ratio, which is lower than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
XLIP.L vs. XMMO — Risk-Adjusted Performance Rank
XLIP.L
XMMO
XLIP.L vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Industrials Sector UCITS ETF (XLIP.L) 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.
Dividends
XLIP.L vs. XMMO - Dividend Comparison
XLIP.L has not paid dividends to shareholders, while XMMO's dividend yield for the trailing twelve months is around 0.32%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLIP.L Invesco US Industrials Sector UCITS 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% |
XMMO Invesco S&P MidCap Momentum ETF | 0.32% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
XLIP.L vs. XMMO - Drawdown Comparison
The maximum XLIP.L drawdown since its inception was -34.56%, smaller than the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for XLIP.L and XMMO. For additional features, visit the drawdowns tool.
Volatility
XLIP.L vs. XMMO - Volatility Comparison
The current volatility for Invesco US Industrials Sector UCITS ETF (XLIP.L) is 3.88%, while Invesco S&P MidCap Momentum ETF (XMMO) has a volatility of 5.40%. This indicates that XLIP.L experiences smaller price fluctuations and is considered to be less risky than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.