XMVM vs. RFV
Compare and contrast key facts about Invesco S&P MidCap Value with Momentum ETF (XMVM) and Invesco S&P MidCap 400® Pure Value ETF (RFV).
XMVM and RFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMVM is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 High Momentum Value Index. It was launched on Mar 3, 2005. RFV is a passively managed fund by Invesco that tracks the performance of the S&P Mid Cap 400 Pure Value. It was launched on Mar 1, 2006. Both XMVM and RFV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMVM or RFV.
Performance
XMVM vs. RFV - Performance Comparison
Returns By Period
In the year-to-date period, XMVM achieves a 20.34% return, which is significantly higher than RFV's 9.97% return. Both investments have delivered pretty close results over the past 10 years, with XMVM having a 10.29% annualized return and RFV not far ahead at 10.69%.
XMVM
20.34%
7.00%
15.00%
31.70%
13.97%
10.29%
RFV
9.97%
6.40%
11.72%
24.43%
15.71%
10.69%
Key characteristics
| XMVM | RFV | |
|---|---|---|
| Sharpe Ratio | 1.76 | 1.32 |
| Sortino Ratio | 2.55 | 1.91 |
| Omega Ratio | 1.31 | 1.24 |
| Calmar Ratio | 3.55 | 2.75 |
| Martin Ratio | 9.57 | 5.90 |
| Ulcer Index | 3.42% | 4.23% |
| Daily Std Dev | 18.60% | 18.94% |
| Max Drawdown | -62.83% | -71.82% |
| Current Drawdown | -1.15% | -0.43% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XMVM vs. RFV - Expense Ratio Comparison
XMVM has a 0.39% expense ratio, which is higher than RFV's 0.35% expense ratio.
Correlation
The correlation between XMVM and RFV is 0.87, 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.
Risk-Adjusted Performance
XMVM vs. RFV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Value with Momentum ETF (XMVM) and Invesco S&P MidCap 400® Pure Value ETF (RFV). 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.
Dividends
XMVM vs. RFV - Dividend Comparison
XMVM's dividend yield for the trailing twelve months is around 1.26%, more than RFV's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMVM Invesco S&P MidCap Value with Momentum ETF | 1.26% | 1.57% | 1.76% | 1.10% | 1.37% | 1.73% | 2.87% | 2.22% | 2.27% | 2.58% | 1.52% | 1.39% |
RFV Invesco S&P MidCap 400® Pure Value ETF | 1.19% | 1.27% | 2.05% | 1.60% | 1.52% | 1.71% | 1.39% | 1.36% | 0.88% | 1.79% | 1.19% | 0.80% |
Drawdowns
XMVM vs. RFV - Drawdown Comparison
The maximum XMVM drawdown since its inception was -62.83%, smaller than the maximum RFV drawdown of -71.82%. Use the drawdown chart below to compare losses from any high point for XMVM and RFV. For additional features, visit the drawdowns tool.
Volatility
XMVM vs. RFV - Volatility Comparison
Invesco S&P MidCap Value with Momentum ETF (XMVM) has a higher volatility of 8.07% compared to Invesco S&P MidCap 400® Pure Value ETF (RFV) at 6.40%. This indicates that XMVM's price experiences larger fluctuations and is considered to be riskier than RFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.