XMMO vs. XJH

Last updated Jun 24, 2026

XMMO (Invesco S&P MidCap Momentum ETF) and XJH (iShares ESG Screened S&P Mid-Cap ETF) are both exchange-traded funds - XMMO is a Momentum fund tracking the S&P MidCap 400 Momentum Index, while XJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Sustainability Screened Index. Both are passively managed. Over the past 5 years, XMMO returned 15.91%/yr vs 7.93%/yr for XJH. Their correlation of 0.89 suggests significant overlap in exposure. XMMO charges 0.35%/yr vs 0.12%/yr for XJH.

Performance

XMMO vs. XJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P MidCap Momentum ETF (XMMO) and iShares ESG Screened S&P Mid-Cap ETF (XJH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XMMO achieves a 22.90% return, which is significantly higher than XJH's 14.60% return.

XMMO

• 1D: -2.42%
• 1M: 3.07%
• YTD: 22.90%
• 6M: 20.25%
• 1Y: 35.75%
• 3Y*: 31.04%
• 5Y*: 15.91%
• 10Y*: 20.13%

XJH

• 1D: -0.80%
• 1M: 3.19%
• YTD: 14.60%
• 6M: 12.44%
• 1Y: 26.24%
• 3Y*: 15.83%
• 5Y*: 7.93%
• 10Y*: —

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

XMMO vs. XJH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XMMO Invesco S&P MidCap Momentum ETF	22.90%	13.04%	38.03%	20.39%	-16.02%	16.69%	25.22%
XJH iShares ESG Screened S&P Mid-Cap ETF	14.60%	8.12%	12.27%	16.74%	-14.36%	23.43%	29.59%

Correlation

The correlation between XMMO and XJH is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Sep 24, 2020	0.89

The correlation between XMMO and XJH has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

XMMO vs. XJH - Sectors Allocation Comparison

Sectors	XMMO	XJH
Industrials	41.5%	26.8%
Technology	19.2%	16.7%
Basic Materials	6.9%	5.0%
Energy	6.5%	2.9%
Healthcare	6.3%	9.7%
Utilities	5.6%	1.5%
Real Estate	5.4%	8.1%
Consumer Defensive	2.7%	4.2%
Financial Services	2.5%	14.0%
Consumer Cyclical	2.2%	9.6%
Communication Services	1.3%	1.1%

Return for Risk

XMMO vs. XJH — Risk / Return Rank

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

XMMO

XMMO Risk / Return Rank: 66
XMMO Sharpe Ratio Rank: 55
XMMO Sortino Ratio Rank: 53
XMMO Omega Ratio Rank: 53
XMMO Calmar Ratio Rank: 83
XMMO Martin Ratio Rank: 85

XJH

XJH Risk / Return Rank: 53
XJH Sharpe Ratio Rank: 49
XJH Sortino Ratio Rank: 50
XJH Omega Ratio Rank: 45
XJH Calmar Ratio Rank: 59
XJH Martin Ratio Rank: 60

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. XJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Momentum ETF (XMMO) and iShares ESG Screened S&P Mid-Cap ETF (XJH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XMMO	XJH	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.59	+0.22
Sortino ratio: Return per unit of downside risk	2.50	2.32	+0.17
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.04
Calmar ratio: Return relative to maximum drawdown	4.31	2.74	+1.56
Martin ratio: Return relative to average drawdown	17.07	10.10	+6.97

XMMO vs. XJH - Sharpe Ratio Comparison

The current XMMO Sharpe Ratio is 1.80, which is comparable to the XJH Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of XMMO and XJH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XMMO vs. XJH - Drawdown Comparison

The maximum XMMO drawdown since its inception was -55.37%, which is greater than XJH's maximum drawdown of -25.07%. Use the drawdown chart below to compare losses from any high point for XMMO and XJH.

Drawdown Indicators

	XMMO	XJH	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-25.07%	-30.30%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-9.61%	+1.27%
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	-24.56%	-0.37%
Max Drawdown (5Y) Largest decline over 5 years	-27.91%	-25.07%	-2.84%
Max Drawdown (10Y) Largest decline over 10 years	-36.74%	—	—
Current Drawdown Current decline from peak	-2.42%	-0.80%	-1.62%
Average Drawdown Average peak-to-trough decline	-9.43%	-6.77%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.61%	-0.51%

Volatility

XMMO vs. XJH - Volatility Comparison

Invesco S&P MidCap Momentum ETF (XMMO) has a higher volatility of 8.50% compared to iShares ESG Screened S&P Mid-Cap ETF (XJH) at 4.85%. This indicates that XMMO's price experiences larger fluctuations and is considered to be riskier than XJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMMO	XJH	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.50%	4.85%	+3.65%
Volatility (6M) Calculated over the trailing 6-month period	16.79%	12.34%	+4.45%
Volatility (1Y) Calculated over the trailing 1-year period	19.94%	16.64%	+3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.65%	19.96%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.33%	19.87%	+2.46%

XMMO vs. XJH - Expense Ratio Comparison

XMMO has a 0.35% expense ratio, which is higher than XJH's 0.12% expense ratio.

Dividends

XMMO vs. XJH - Dividend Comparison

XMMO's dividend yield for the trailing twelve months is around 0.57%, less than XJH's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XJH iShares ESG Screened S&P Mid-Cap ETF	1.09%	1.24%	1.24%	1.38%	1.45%	1.04%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%
XMMO Invesco S&P MidCap Momentum ETF	0.57%	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 XJH in my portfolio?

XMMO and XJH have a correlation of 0.84, 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 XJH?

XMMO has higher volatility (8.50%) compared to XJH (4.85%). In terms of maximum drawdown, XMMO dropped -55.37% vs XJH's -25.07%.

Which ETF is better, XMMO or XJH?

On 5-year performance, XMMO leads with 15.91% vs 7.93% for XJH. On fees, XJH is cheaper at 0.12% per year. On volatility, XJH has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XMMO or XJH?

Over the 5-year period, XMMO has performed better with a 15.91% return vs 7.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XMMO or XJH?

XJH is cheaper with a 0.12% expense ratio, compared with 0.35% for XMMO.

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

XJH has the higher dividend yield at 1.09%, compared with 0.57% for XMMO.

What is the main difference between XMMO and XJH?

XMMO is categorized as Momentum, while XJH is Mid Cap Blend Equities. XMMO tracks S&P MidCap 400 Momentum Index, while XJH tracks S&P MidCap 400 Sustainability Screened Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.35% for XMMO and 0.12% for XJH.

Which has better risk-adjusted returns?

XMMO currently has the higher Sharpe Ratio (1.80 vs 1.59), 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.