XMMO vs. VTI

Last updated Jun 3, 2026

XMMO (Invesco S&P MidCap Momentum ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - XMMO is a Momentum fund tracking the S&P MidCap 400 Momentum Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, XMMO returned 19.66%/yr vs 15.13%/yr for VTI. Their correlation of 0.85 suggests significant overlap in exposure. XMMO charges 0.35%/yr vs 0.03%/yr for VTI.

Performance

XMMO vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P MidCap Momentum ETF (XMMO) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XMMO achieves a 22.96% return, which is significantly higher than VTI's 12.01% return. Over the past 10 years, XMMO has outperformed VTI with an annualized return of 19.66%, while VTI has yielded a comparatively lower 15.13% annualized return.

XMMO

• 1D: 2.16%
• 1M: 6.07%
• YTD: 22.96%
• 6M: 24.84%
• 1Y: 37.37%
• 3Y*: 31.83%
• 5Y*: 16.81%
• 10Y*: 19.66%

VTI

• 1D: 0.26%
• 1M: 5.37%
• YTD: 12.01%
• 6M: 12.40%
• 1Y: 30.01%
• 3Y*: 22.37%
• 5Y*: 13.05%
• 10Y*: 15.13%

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

XMMO vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XMMO Invesco S&P MidCap Momentum ETF	22.96%	13.04%	38.03%	20.39%	-16.02%	16.69%	29.17%	36.78%	6.12%	37.18%
VTI Vanguard Total Stock Market ETF	12.01%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between XMMO and VTI is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Mar 4, 2005	0.85

The correlation between XMMO and VTI has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.

XMMO vs. VTI - Sectors Allocation Comparison

Sectors	XMMO	VTI
Industrials	41.1%	9.8%
Technology	16.7%	33.5%
Energy	7.7%	3.7%
Basic Materials	7.2%	2.0%
Healthcare	6.3%	9.2%
Real Estate	6.1%	2.4%
Utilities	5.8%	2.3%
Consumer Cyclical	4.6%	10.0%
Financial Services	2.4%	12.0%
Communication Services	1.6%	10.3%
Consumer Defensive	0.5%	4.7%

Return for Risk

XMMO vs. VTI — Risk / Return Rank

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

XMMO

XMMO Risk / Return Rank: 69
XMMO Sharpe Ratio Rank: 59
XMMO Sortino Ratio Rank: 59
XMMO Omega Ratio Rank: 56
XMMO Calmar Ratio Rank: 84
XMMO Martin Ratio Rank: 86

VTI

VTI Risk / Return Rank: 74
VTI Sharpe Ratio Rank: 75
VTI Sortino Ratio Rank: 74
VTI Omega Ratio Rank: 74
VTI Calmar Ratio Rank: 68
VTI Martin Ratio Rank: 80

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.

XMMO vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Momentum ETF (XMMO) and Vanguard Total Stock Market ETF (VTI). 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	VTI	Difference
Sharpe ratio Return per unit of total volatility	2.01	2.48	-0.47
Sortino ratio Return per unit of downside risk	2.80	3.37	-0.58
Omega ratio Gain probability vs. loss probability	1.35	1.45	-0.10
Calmar ratio Return relative to maximum drawdown	4.53	3.44	+1.09
Martin ratio Return relative to average drawdown	18.56	15.88	+2.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XMMO vs. VTI - Sharpe Ratio Comparison

The current XMMO Sharpe Ratio is 2.01, which is comparable to the VTI Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of XMMO and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XMMO	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	2.48	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.75	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	0.83	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.51	+0.06

Drawdowns

XMMO vs. VTI - Drawdown Comparison

The maximum XMMO drawdown since its inception was -55.37%, roughly equal to the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for XMMO and VTI.

Drawdown Indicators

	XMMO	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-55.45%	+0.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-8.92%	+0.58%
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	-19.30%	-5.63%
Max Drawdown (5Y) Largest decline over 5 years	-27.91%	-25.36%	-2.55%
Max Drawdown (10Y) Largest decline over 10 years	-36.74%	-35.00%	-1.74%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.45%	-8.03%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	1.93%	+0.11%

Volatility

XMMO vs. VTI - Volatility Comparison

Invesco S&P MidCap Momentum ETF (XMMO) has a higher volatility of 7.82% compared to Vanguard Total Stock Market ETF (VTI) at 2.86%. This indicates that XMMO's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMMO	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.82%	2.86%	+4.96%
Volatility (6M) Calculated over the trailing 6-month period	15.59%	9.11%	+6.48%
Volatility (1Y) Calculated over the trailing 1-year period	18.71%	12.15%	+6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	17.40%	+4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.27%	18.30%	+3.97%

XMMO vs. VTI - Expense Ratio Comparison

XMMO has a 0.35% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

XMMO vs. VTI - Dividend Comparison

XMMO's dividend yield for the trailing twelve months is around 0.61%, less than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
XMMO Invesco S&P MidCap Momentum ETF	0.61%	0.78%	0.34%	0.80%	1.43%	0.41%	0.61%	0.60%	0.19%	0.21%	0.22%	0.64%

Frequently Asked Questions

Can I hold both XMMO and VTI in my portfolio?

XMMO and VTI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XMMO or VTI?

XMMO has higher volatility (7.82%) compared to VTI (2.86%). In terms of maximum drawdown, XMMO dropped -55.37% vs VTI's -55.45%.

Which ETF is better, XMMO or VTI?

On 10-year performance, XMMO leads with 19.66% vs 15.13% for VTI. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XMMO or VTI?

Over the 10-year period, XMMO has performed better with a 19.66% return vs 15.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XMMO or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for XMMO.

Which ETF pays a higher dividend yield, XMMO or VTI?

VTI has the higher dividend yield at 1.01%, compared with 0.61% for XMMO.

What is the main difference between XMMO and VTI?

XMMO is categorized as Momentum, while VTI is Large Cap Blend Equities. XMMO tracks S&P MidCap 400 Momentum Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.35% for XMMO and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.48 vs 2.01), 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.