XSMO vs. PVIVX
Compare and contrast key facts about Invesco S&P SmallCap Momentum ETF (XSMO) and Paradigm Micro-cap Fund (PVIVX).
XSMO is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Index. It was launched on Mar 3, 2005. PVIVX is managed by Paradigm Funds. It was launched on Dec 31, 2007.
Performance
XSMO vs. PVIVX - Performance Comparison
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XSMO vs. PVIVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XSMO Invesco S&P SmallCap Momentum ETF | 7.05% | 9.80% | 17.45% | 21.55% | -15.44% | 19.24% | 21.96% | 28.65% | -3.44% | 23.95% |
PVIVX Paradigm Micro-cap Fund | 2.21% | -4.81% | 13.48% | 17.89% | -20.62% | 27.94% | 46.96% | 22.38% | -10.88% | 15.82% |
Returns By Period
In the year-to-date period, XSMO achieves a 7.05% return, which is significantly higher than PVIVX's 2.21% return. Over the past 10 years, XSMO has outperformed PVIVX with an annualized return of 13.73%, while PVIVX has yielded a comparatively lower 11.72% annualized return.
XSMO
- 1D
- 1.24%
- 1M
- -4.33%
- YTD
- 7.05%
- 6M
- 4.97%
- 1Y
- 23.58%
- 3Y*
- 19.37%
- 5Y*
- 8.69%
- 10Y*
- 13.73%
PVIVX
- 1D
- 3.34%
- 1M
- -8.52%
- YTD
- 2.21%
- 6M
- -3.80%
- 1Y
- 13.77%
- 3Y*
- 6.80%
- 5Y*
- 1.63%
- 10Y*
- 11.72%
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XSMO vs. PVIVX - Expense Ratio Comparison
XSMO has a 0.39% expense ratio, which is lower than PVIVX's 1.25% expense ratio.
Return for Risk
XSMO vs. PVIVX — Risk / Return Rank
XSMO
PVIVX
XSMO vs. PVIVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Momentum ETF (XSMO) and Paradigm Micro-cap Fund (PVIVX). 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.
| XSMO | PVIVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.48 | +0.59 |
Sortino ratioReturn per unit of downside risk | 1.59 | 0.89 | +0.70 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 0.90 | +0.85 |
Martin ratioReturn relative to average drawdown | 7.23 | 2.45 | +4.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XSMO | PVIVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.48 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.00 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.02 | +0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.02 | +0.35 |
Correlation
The correlation between XSMO and PVIVX is 0.82, 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
XSMO vs. PVIVX - Dividend Comparison
XSMO's dividend yield for the trailing twelve months is around 0.60%, less than PVIVX's 15.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSMO Invesco S&P SmallCap Momentum ETF | 0.60% | 0.75% | 0.63% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.66% | 0.27% | 0.30% | 0.35% |
PVIVX Paradigm Micro-cap Fund | 15.59% | 15.93% | 6.40% | 0.00% | 0.00% | 1.11% | 5.25% | 0.01% | 14.09% | 6.88% | 3.61% | 1.32% |
Drawdowns
XSMO vs. PVIVX - Drawdown Comparison
The maximum XSMO drawdown since its inception was -58.06%, smaller than the maximum PVIVX drawdown of -95.67%. Use the drawdown chart below to compare losses from any high point for XSMO and PVIVX.
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Drawdown Indicators
| XSMO | PVIVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.06% | -95.67% | +37.61% |
Max Drawdown (1Y)Largest decline over 1 year | -13.42% | -14.84% | +1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | -95.67% | +66.05% |
Max Drawdown (10Y)Largest decline over 10 years | -39.39% | -95.67% | +56.28% |
Current DrawdownCurrent decline from peak | -4.59% | -94.39% | +89.80% |
Average DrawdownAverage peak-to-trough decline | -11.21% | -16.17% | +4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 5.46% | -2.22% |
Volatility
XSMO vs. PVIVX - Volatility Comparison
The current volatility for Invesco S&P SmallCap Momentum ETF (XSMO) is 7.71%, while Paradigm Micro-cap Fund (PVIVX) has a volatility of 9.19%. This indicates that XSMO experiences smaller price fluctuations and is considered to be less risky than PVIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSMO | PVIVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.71% | 9.19% | -1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 13.63% | 17.96% | -4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 29.31% | -7.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.87% | 887.36% | -864.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.05% | 627.66% | -603.61% |