XSMO vs. XSVM
Compare and contrast key facts about Invesco S&P SmallCap Momentum ETF (XSMO) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).
XSMO and XSVM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XSVM 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. Both XSMO and XSVM 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: XSMO or XSVM.
Key characteristics
| XSMO | XSVM | |
|---|---|---|
| YTD Return | 6.71% | 2.02% |
| 1Y Return | 36.47% | 29.72% |
| 3Y Return (Ann) | 6.76% | 4.05% |
| 5Y Return (Ann) | 11.14% | 14.84% |
| 10Y Return (Ann) | 10.85% | 10.56% |
| Sharpe Ratio | 1.94 | 1.48 |
| Daily Std Dev | 18.75% | 20.00% |
| Max Drawdown | -58.07% | -62.57% |
| Current Drawdown | 0.00% | -3.34% |
Correlation
The correlation between XSMO and XSVM 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.
Performance
XSMO vs. XSVM - Performance Comparison
In the year-to-date period, XSMO achieves a 6.71% return, which is significantly higher than XSVM's 2.02% return. Both investments have delivered pretty close results over the past 10 years, with XSMO having a 10.85% annualized return and XSVM not far behind at 10.56%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XSMO vs. XSVM - Expense Ratio Comparison
Both XSMO and XSVM have an expense ratio of 0.39%.
Risk-Adjusted Performance
XSMO vs. XSVM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Momentum ETF (XSMO) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). 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
XSMO vs. XSVM - Dividend Comparison
XSMO's dividend yield for the trailing twelve months is around 0.68%, less than XSVM's 1.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSMO Invesco S&P SmallCap Momentum ETF | 0.68% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.66% | 0.27% | 0.30% | 0.35% | 1.31% | 0.91% |
XSVM Invesco S&P SmallCap Value with Momentum ETF | 1.47% | 1.31% | 1.79% | 1.23% | 1.21% | 1.21% | 2.54% | 1.90% | 2.29% | 2.68% | 1.31% | 1.15% |
Drawdowns
XSMO vs. XSVM - Drawdown Comparison
The maximum XSMO drawdown since its inception was -58.07%, smaller than the maximum XSVM drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for XSMO and XSVM. For additional features, visit the drawdowns tool.
Volatility
XSMO vs. XSVM - Volatility Comparison
Invesco S&P SmallCap Momentum ETF (XSMO) and Invesco S&P SmallCap Value with Momentum ETF (XSVM) have volatilities of 5.68% and 5.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.