XMMO vs. QMOM
Compare and contrast key facts about Invesco S&P MidCap Momentum ETF (XMMO) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM).
XMMO and QMOM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. QMOM is an actively managed fund by Alpha Architect. It was launched on Dec 2, 2015.
Performance
XMMO vs. QMOM - Performance Comparison
Loading graphics...
XMMO vs. QMOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMMO Invesco S&P MidCap Momentum ETF | 6.86% | 13.04% | 38.03% | 20.39% | -16.02% | 16.69% | 29.17% | 36.78% | 6.12% | 37.18% |
QMOM Alpha Architect U.S. Quantitative Momentum ETF | 6.82% | 2.36% | 30.43% | 9.50% | -6.99% | -4.06% | 61.94% | 28.39% | -11.75% | 15.92% |
Returns By Period
The year-to-date returns for both stocks are quite close, with XMMO having a 6.86% return and QMOM slightly lower at 6.82%. Over the past 10 years, XMMO has outperformed QMOM with an annualized return of 18.41%, while QMOM has yielded a comparatively lower 12.39% annualized return.
XMMO
- 1D
- 1.85%
- 1M
- -2.62%
- YTD
- 6.86%
- 6M
- 9.51%
- 1Y
- 29.37%
- 3Y*
- 25.85%
- 5Y*
- 12.62%
- 10Y*
- 18.41%
QMOM
- 1D
- 2.11%
- 1M
- -5.53%
- YTD
- 6.82%
- 6M
- 9.12%
- 1Y
- 17.89%
- 3Y*
- 16.74%
- 5Y*
- 6.54%
- 10Y*
- 12.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XMMO vs. QMOM - Expense Ratio Comparison
XMMO has a 0.33% expense ratio, which is higher than QMOM's 0.28% expense ratio.
Return for Risk
XMMO vs. QMOM — Risk / Return Rank
XMMO
QMOM
XMMO vs. QMOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Momentum ETF (XMMO) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM). 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.
| XMMO | QMOM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 0.70 | +0.64 |
Sortino ratioReturn per unit of downside risk | 1.91 | 1.08 | +0.83 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.15 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.41 | 1.33 | +1.08 |
Martin ratioReturn relative to average drawdown | 11.42 | 4.59 | +6.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XMMO | QMOM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 0.70 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.27 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.47 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.46 | +0.08 |
Correlation
The correlation between XMMO and QMOM is 0.79, 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
XMMO vs. QMOM - Dividend Comparison
XMMO's dividend yield for the trailing twelve months is around 0.70%, more than QMOM's 0.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMMO Invesco S&P MidCap Momentum ETF | 0.70% | 0.78% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% |
QMOM Alpha Architect U.S. Quantitative Momentum ETF | 0.51% | 0.54% | 1.40% | 0.87% | 1.59% | 0.12% | 0.08% | 0.01% | 0.05% | 0.13% | 0.34% | 0.00% |
Drawdowns
XMMO vs. QMOM - Drawdown Comparison
The maximum XMMO drawdown since its inception was -55.37%, which is greater than QMOM's maximum drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for XMMO and QMOM.
Loading graphics...
Drawdown Indicators
| XMMO | QMOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.37% | -39.13% | -16.24% |
Max Drawdown (1Y)Largest decline over 1 year | -12.81% | -13.55% | +0.74% |
Max Drawdown (5Y)Largest decline over 5 years | -27.91% | -27.00% | -0.91% |
Max Drawdown (10Y)Largest decline over 10 years | -36.74% | -39.13% | +2.39% |
Current DrawdownCurrent decline from peak | -2.62% | -5.53% | +2.91% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -13.11% | +3.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 3.93% | -1.23% |
Volatility
XMMO vs. QMOM - Volatility Comparison
The current volatility for Invesco S&P MidCap Momentum ETF (XMMO) is 9.04%, while Alpha Architect U.S. Quantitative Momentum ETF (QMOM) has a volatility of 11.62%. This indicates that XMMO experiences smaller price fluctuations and is considered to be less risky than QMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XMMO | QMOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.04% | 11.62% | -2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.39% | 19.19% | -4.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.03% | 25.76% | -3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.27% | 24.73% | -3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.11% | 26.28% | -4.17% |