XMVM vs. SMOM
XMVM (Invesco S&P MidCap Value with Momentum ETF) and SMOM (Symmetry Panoramic Sector Momentum ETF) are both exchange-traded funds - XMVM is a Momentum fund tracking the S&P MidCap 400 High Momentum Value Index, while SMOM is a Large Cap Blend Equities fund actively managed by Symmetry Partners. XMVM is passively managed, while SMOM is actively managed. At a 0.46 correlation, their price movements are largely independent. XMVM charges 0.39%/yr vs 0.63%/yr for SMOM.
Performance
XMVM vs. SMOM - Performance Comparison
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Returns By Period
In the year-to-date period, XMVM achieves a 13.92% return, which is significantly higher than SMOM's 8.92% return.
XMVM
- 1D
- -0.03%
- 1M
- 1.59%
- 6M
- 11.37%
- YTD
- 13.92%
- 1Y
- 28.02%
- 3Y*
- 17.85%
- 5Y*
- 12.38%
- 10Y*
- 11.89%
SMOM
- 1D
- 0.39%
- 1M
- 0.23%
- 6M
- 7.47%
- YTD
- 8.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XMVM vs. SMOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XMVM Invesco S&P MidCap Value with Momentum ETF | 13.92% | 3.43% |
SMOM Symmetry Panoramic Sector Momentum ETF | 8.92% | 2.78% |
Correlation
The correlation between XMVM and SMOM is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.46 |
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Return for Risk
XMVM vs. SMOM — Risk / Return Rank
XMVM
SMOM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XMVM vs. SMOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap Value with Momentum ETF (XMVM) and Symmetry Panoramic Sector Momentum ETF (SMOM). 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.
| XMVM | SMOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | — | — |
| Martin ratioReturn relative to average drawdown | 9.58 | — | — |
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Drawdowns
XMVM vs. SMOM - Drawdown Comparison
The maximum XMVM drawdown since its inception was -62.83%, which is greater than SMOM's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for XMVM and SMOM.
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Drawdown Indicators
| XMVM | SMOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.83% | -7.45% | -55.38% |
Max Drawdown (1Y)Largest decline over 1 year | -9.18% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -24.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | -0.82% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -1.52% | -8.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | — | — |
Volatility
XMVM vs. SMOM - Volatility Comparison
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Volatility by Period
| XMVM | SMOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.44% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.94% | 12.52% | +2.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.34% | 12.52% | +8.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.74% | 12.52% | +10.22% |
XMVM vs. SMOM - Expense Ratio Comparison
XMVM has a 0.39% expense ratio, which is lower than SMOM's 0.63% expense ratio.
Dividends
XMVM vs. SMOM - Dividend Comparison
XMVM's dividend yield for the trailing twelve months is around 1.84%, more than SMOM's 0.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMOM Symmetry Panoramic Sector Momentum ETF | 0.15% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMVM Invesco S&P MidCap Value with Momentum ETF | 1.84% | 2.07% | 1.43% | 1.57% | 1.76% | 1.10% | 1.37% | 1.73% | 2.87% | 2.22% | 2.27% | 2.58% |
Frequently Asked Questions
XMVM and SMOM have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMVM is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMVM is cheaper with a 0.39% expense ratio, compared with 0.63% for SMOM.
XMVM has the higher dividend yield at 1.84%, compared with 0.15% for SMOM.
XMVM is categorized as Momentum, while SMOM is Large Cap Blend Equities. They also come from different issuers: Invesco and Symmetry Partners. Their fees differ too: 0.39% for XMVM and 0.63% for SMOM.
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