XMHQ vs. SFYX

Last updated Jun 4, 2026

XMHQ (Invesco S&P MidCap Quality ETF) and SFYX (SoFi Next 500 ETF) are both exchange-traded funds - XMHQ is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index, while SFYX is a Mid Cap Growth Equities fund tracking the Solactive SoFi US Next 500 Growth Index. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. XMHQ charges 0.25%/yr vs 0.00%/yr for SFYX.

Performance

XMHQ vs. SFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P MidCap Quality ETF (XMHQ) and SoFi Next 500 ETF (SFYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XMHQ

• 1D: 0.50%
• 1M: 4.20%
• YTD: 9.49%
• 6M: 9.51%
• 1Y: 14.33%
• 3Y*: 16.56%
• 5Y*: 9.37%
• 10Y*: 12.83%

SFYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XMHQ vs. SFYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XMHQ Invesco S&P MidCap Quality ETF	9.49%	4.71%	16.79%	29.51%	-12.42%	20.98%	26.61%	6.86%
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	18.89%	17.63%	6.95%

Correlation

The correlation between XMHQ and SFYX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.89

The correlation between XMHQ and SFYX shifts across timeframes, from 0.70 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

XMHQ vs. SFYX - Sectors Allocation Comparison

Sectors	XMHQ	SFYX
Industrials	25.8%	20.5%
Healthcare	19.7%	12.1%
Financial Services	15.1%	15.9%
Technology	12.1%	16.9%
Consumer Cyclical	9.7%	9.9%
Energy	6.7%	4.5%
Basic Materials	4.8%	3.2%
Consumer Defensive	3.9%	3.0%
Communication Services	2.7%	4.5%
Utilities	2.2%	2.2%
Real Estate	-	6.4%

Return for Risk

XMHQ vs. SFYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMHQ

XMHQ Risk / Return Rank: 28
XMHQ Sharpe Ratio Rank: 25
XMHQ Sortino Ratio Rank: 27
XMHQ Omega Ratio Rank: 24
XMHQ Calmar Ratio Rank: 33
XMHQ Martin Ratio Rank: 31

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.

XMHQ vs. SFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Quality ETF (XMHQ) and SoFi Next 500 ETF (SFYX). 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	SFYX	Difference
Sharpe ratio: Return per unit of total volatility	0.93	—	—
Sortino ratio: Return per unit of downside risk	1.47	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.63	—	—
Martin ratio: Return relative to average drawdown	4.76	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XMHQ	SFYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	—	—

Drawdowns

Drawdown Indicators

	XMHQ	SFYX	Difference
Max Drawdown Largest peak-to-trough decline	-58.19%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.90%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-9.29%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	—	—

Volatility

Volatility by Period

	XMHQ	SFYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.71%	—	—

XMHQ vs. SFYX - Expense Ratio Comparison

XMHQ has a 0.25% expense ratio, which is higher than SFYX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XMHQ vs. SFYX - Dividend Comparison

XMHQ's dividend yield for the trailing twelve months is around 0.55%, less than SFYX's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%	0.00%	0.00%	0.00%	0.00%
XMHQ Invesco S&P MidCap Quality ETF	0.55%	0.64%	5.20%	0.73%	1.72%	1.00%	1.12%	1.22%	1.59%	1.06%	1.63%	1.34%

Frequently Asked Questions

Can I hold both XMHQ and SFYX in my portfolio?

XMHQ and SFYX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XMHQ or SFYX?

On fees, SFYX is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XMHQ or SFYX?

SFYX is cheaper with a 0.00% expense ratio, compared with 0.25% for XMHQ.

Which ETF pays a higher dividend yield, XMHQ or SFYX?

SFYX has the higher dividend yield at 1.36%, compared with 0.55% for XMHQ.

What is the main difference between XMHQ and SFYX?

XMHQ is categorized as Mid Cap Blend Equities, while SFYX is Mid Cap Growth Equities. XMHQ tracks S&P MidCap 400 Index, while SFYX tracks Solactive SoFi US Next 500 Growth Index. They also come from different issuers: Invesco and Toroso Investments. Their fees differ too: 0.25% for XMHQ and 0.00% for SFYX.