XMHQ vs. FSSMX
Compare and contrast key facts about Invesco S&P MidCap Quality ETF (XMHQ) and Fidelity Stock Selector Mid Cap Fund (FSSMX).
XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006. FSSMX is managed by Fidelity. It was launched on Feb 20, 1996.
Performance
XMHQ vs. FSSMX - Performance Comparison
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XMHQ vs. FSSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMHQ Invesco S&P MidCap Quality ETF | 1.08% | 4.71% | 16.79% | 29.51% | -12.42% | 20.98% | 26.61% | 27.18% | -9.08% | 15.64% |
FSSMX Fidelity Stock Selector Mid Cap Fund | 1.06% | 2.35% | 12.50% | 17.16% | -13.90% | 23.25% | 13.03% | 29.57% | -7.70% | 19.54% |
Returns By Period
The year-to-date returns for both stocks are quite close, with XMHQ having a 1.08% return and FSSMX slightly lower at 1.06%. Over the past 10 years, XMHQ has outperformed FSSMX with an annualized return of 12.42%, while FSSMX has yielded a comparatively lower 9.95% annualized return.
XMHQ
- 1D
- 2.79%
- 1M
- -4.48%
- YTD
- 1.08%
- 6M
- -1.19%
- 1Y
- 13.62%
- 3Y*
- 14.52%
- 5Y*
- 8.07%
- 10Y*
- 12.42%
FSSMX
- 1D
- -0.85%
- 1M
- -7.85%
- YTD
- 1.06%
- 6M
- -3.36%
- 1Y
- 8.27%
- 3Y*
- 9.03%
- 5Y*
- 5.11%
- 10Y*
- 9.95%
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XMHQ vs. FSSMX - Expense Ratio Comparison
XMHQ has a 0.25% expense ratio, which is lower than FSSMX's 0.79% expense ratio.
Return for Risk
XMHQ vs. FSSMX — Risk / Return Rank
XMHQ
FSSMX
XMHQ vs. FSSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Quality ETF (XMHQ) and Fidelity Stock Selector Mid Cap Fund (FSSMX). 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.
| XMHQ | FSSMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | 0.38 | +0.30 |
Sortino ratioReturn per unit of downside risk | 1.14 | 0.66 | +0.48 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.10 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.41 | +0.68 |
Martin ratioReturn relative to average drawdown | 3.97 | 1.56 | +2.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XMHQ | FSSMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 0.38 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.25 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.47 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.54 | -0.11 |
Correlation
The correlation between XMHQ and FSSMX is 0.85, 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.
Dividends
XMHQ vs. FSSMX - Dividend Comparison
XMHQ's dividend yield for the trailing twelve months is around 0.60%, while FSSMX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMHQ Invesco S&P MidCap Quality ETF | 0.60% | 0.64% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% |
FSSMX Fidelity Stock Selector Mid Cap Fund | 0.00% | 0.00% | 3.10% | 0.78% | 9.73% | 12.87% | 2.31% | 4.03% | 21.01% | 4.12% | 0.92% | 1.84% |
Drawdowns
XMHQ vs. FSSMX - Drawdown Comparison
The maximum XMHQ drawdown since its inception was -58.19%, which is greater than FSSMX's maximum drawdown of -43.37%. Use the drawdown chart below to compare losses from any high point for XMHQ and FSSMX.
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Drawdown Indicators
| XMHQ | FSSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.19% | -43.37% | -14.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.54% | -14.29% | +1.75% |
Max Drawdown (5Y)Largest decline over 5 years | -25.47% | -24.00% | -1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -36.90% | -43.37% | +6.47% |
Current DrawdownCurrent decline from peak | -5.36% | -8.82% | +3.46% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -5.13% | -4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 3.77% | -0.34% |
Volatility
XMHQ vs. FSSMX - Volatility Comparison
The current volatility for Invesco S&P MidCap Quality ETF (XMHQ) is 6.03%, while Fidelity Stock Selector Mid Cap Fund (FSSMX) has a volatility of 6.41%. This indicates that XMHQ experiences smaller price fluctuations and is considered to be less risky than FSSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMHQ | FSSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 6.41% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 11.37% | 14.69% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 22.71% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.76% | 20.23% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.69% | 21.08% | -0.39% |