PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XSVM vs. JMOM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSVM vs. JMOM

Last updated Aug 4, 2026
Documentation

XSVM (Invesco S&P SmallCap Value with Momentum ETF) and JMOM (JPMorgan U.S. Momentum Factor ETF) are both Momentum funds - XSVM tracks the S&P SmallCap 600 High Momentum Value Index while JMOM tracks the JP Morgan US Momentum Factor Index. Both are passively managed. Over the past 5 years, XSVM returned 10.26%/yr vs 13.81%/yr for JMOM. Their 0.59 correlation means they have sometimes moved together and sometimes differently. XSVM charges 0.37%/yr vs 0.12%/yr for JMOM.

Performance

XSVM vs. JMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Value with Momentum ETF (XSVM) and JPMorgan U.S. Momentum Factor ETF (JMOM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XSVM achieves a 27.31% return, which is significantly higher than JMOM's 20.54% return.

XSVM

1D
1.19%
1M
3.59%
6M
17.18%
YTD
27.31%
1Y
43.31%
3Y*
15.08%
5Y*
10.26%
10Y*
13.04%
ALL TIME*
9.38%

JMOM

1D
1.25%
1M
-1.61%
6M
16.11%
YTD
20.54%
1Y
29.18%
3Y*
25.54%
5Y*
13.81%
10Y*
—
ALL TIME*
15.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

JMOM

JPMorgan U.S. Momentum Factor ETF
$17.82M$11.76M$9.25M

XSVM

Invesco S&P SmallCap Value with Momentum ETF
$2.64M$2.37M$2.08M

XSVM vs. JMOM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XSVM
Invesco S&P SmallCap Value with Momentum ETF		27.31%7.47%2.30%20.20%-13.63%56.36%5.08%30.01%-12.33%5.39%
JMOM
JPMorgan U.S. Momentum Factor ETF		20.54%18.02%28.47%22.89%-20.83%25.03%29.25%28.24%-5.25%3.36%

Correlation

The correlation between XSVM and JMOM is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.52

Correlation (3Y)
Balances recent behavior with more history.

0.62

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.69

Correlation (All Time)
Calculated using the full available price history since Nov 9, 2017

0.59

The correlation between XSVM and JMOM shifts across timeframes, from 0.52 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.

XSVM vs. JMOM - Sectors Allocation Comparison

Sectors
XSVM
JMOM

Financial Services

45.1%
9.2%

Consumer Cyclical

18.1%
7.7%

Real Estate

9.7%
2.6%

Energy

5.7%
3.2%

Industrials

5.3%
13.3%

Consumer Defensive

4.1%
4.8%

Basic Materials

3.0%
1.2%

Technology

2.6%
39.8%

Communication Services

2.6%
6.5%

Utilities

2.1%
2.3%

Healthcare

1.7%
9.5%

Financial Services

XSVM
45.1%
JMOM
9.2%

Consumer Cyclical

XSVM
18.1%
JMOM
7.7%

Real Estate

XSVM
9.7%
JMOM
2.6%

Energy

XSVM
5.7%
JMOM
3.2%

Industrials

XSVM
5.3%
JMOM
13.3%

Consumer Defensive

XSVM
4.1%
JMOM
4.8%

Basic Materials

XSVM
3.0%
JMOM
1.2%

Technology

XSVM
2.6%
JMOM
39.8%

Communication Services

XSVM
2.6%
JMOM
6.5%

Utilities

XSVM
2.1%
JMOM
2.3%

Healthcare

XSVM
1.7%
JMOM
9.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P SmallCap Value with Momentum ETF

JPMorgan U.S. Momentum Factor ETF

Often compared with XSVM:
XSVM vs. XSMOXSVM vs. AVUVXSVM vs. RWJXSVM vs. XSHQXSVM vs. SPHBXSVM vs. DGRSXSVM vs. RYPRX
Often compared with JMOM:
JMOM vs. SPMOJMOM vs. MTUMJMOM vs. VOOJMOM vs. QMOMJMOM vs. QQQJMOM vs. SCHGJMOM vs. BIBL

Return for Risk

XSVM vs. JMOM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
XSVM
XSVM Risk / Return Rank: 9191
Overall Rank
XSVM Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
XSVM Sortino Ratio Rank: 9393
Sortino Ratio Rank
XSVM Omega Ratio Rank: 9090
Omega Ratio Rank
XSVM Calmar Ratio Rank: 9292
Calmar Ratio Rank
XSVM Martin Ratio Rank: 8888
Martin Ratio Rank
JMOM
JMOM Risk / Return Rank: 8080
Overall Rank
JMOM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
JMOM Sortino Ratio Rank: 7575
Sortino Ratio Rank
JMOM Omega Ratio Rank: 7272
Omega Ratio Rank
JMOM Calmar Ratio Rank: 8888
Calmar Ratio Rank
JMOM Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XSVM vs. JMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Value with Momentum ETF (XSVM) and JPMorgan U.S. Momentum Factor ETF (JMOM). 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.

XSVMJMOMDifference
Sharpe ratioReturn per unit of total volatility
2.45
1.78

+0.67

Sortino ratioReturn per unit of downside risk
3.53
2.46

+1.07

Omega ratioGain probability vs. loss probability

1.43

1.31

+0.12

Calmar ratioReturn relative to maximum drawdown

4.32

3.66

+0.66

Martin ratioReturn relative to average drawdown

13.79

13.51

+0.28

XSVM vs. JMOM - Sharpe Ratio Comparison

The current XSVM Sharpe Ratio is 2.45, which is higher than the JMOM Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of XSVM and JMOM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XSVM vs. JMOM - Drawdown Comparison

The maximum XSVM drawdown since its inception was -62.57%, which is greater than JMOM's maximum drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for XSVM and JMOM.

Loading charts...

Drawdown Indicators

XSVMJMOMDifference

Max Drawdown

Largest peak-to-trough decline

-62.57%

-34.31%

-28.26%

Max Drawdown (1Y)

Largest decline over 1 year

-10.08%

-8.02%

-2.06%

Max Drawdown (3Y)

Largest decline over 3 years

-26.21%

-19.51%

-6.70%

Max Drawdown (5Y)

Largest decline over 5 years

-26.21%

-28.26%

+2.05%

Max Drawdown (10Y)

Largest decline over 10 years

-49.02%

—

—

Current Drawdown

Current decline from peak

-0.28%

-4.22%

+3.94%

Average Drawdown

Average peak-to-trough decline

-11.48%

-6.25%

-5.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.15%

2.16%

+0.99%

Volatility

XSVM vs. JMOM - Volatility Comparison

The current volatility for Invesco S&P SmallCap Value with Momentum ETF (XSVM) is 4.25%, while JPMorgan U.S. Momentum Factor ETF (JMOM) has a volatility of 5.42%. This indicates that XSVM experiences smaller price fluctuations and is considered to be less risky than JMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XSVMJMOMDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.25%

5.42%

-1.17%

Volatility (6M)

Calculated over the trailing 6-month period

11.78%

14.02%

-2.24%

Volatility (1Y)

Calculated over the trailing 1-year period

17.83%

16.54%

+1.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.34%

19.00%

+3.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.01%

20.17%

+4.84%

XSVM vs. JMOM - Expense Ratio Comparison

XSVM has a 0.37% expense ratio, which is higher than JMOM's 0.12% expense ratio.

Dividends

XSVM vs. JMOM - Dividend Comparison

XSVM's dividend yield for the trailing twelve months is around 1.73%, more than JMOM's 0.75% yield.

PositionTTM20252024202320222021202020192018201720162015
JMOM
JPMorgan U.S. Momentum Factor ETF		0.75%0.86%0.75%1.21%1.39%0.64%0.85%1.11%1.38%0.29%0.00%0.00%
XSVM
Invesco S&P SmallCap Value with Momentum ETF		1.73%2.29%1.69%1.31%1.79%1.23%1.21%1.22%2.54%1.90%2.29%2.68%

Frequently Asked Questions

XSVM and JMOM have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JMOM has higher volatility (5.42%) compared to XSVM (4.25%). In terms of maximum drawdown, XSVM dropped -62.57% vs JMOM's -34.31%.

On 5-year performance, JMOM leads with 13.81% vs 10.26% for XSVM. On fees, JMOM is cheaper at 0.12% per year. On volatility, XSVM has been the lower-risk option at 4.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, JMOM has performed better with a 13.81% return vs 10.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

JMOM is cheaper with a 0.12% expense ratio, compared with 0.37% for XSVM.

XSVM has the higher dividend yield at 1.73%, compared with 0.75% for JMOM.

XSVM tracks S&P SmallCap 600 High Momentum Value Index, while JMOM tracks JP Morgan US Momentum Factor Index. They also come from different issuers: Invesco and JPMorgan. Their fees differ too: 0.37% for XSVM and 0.12% for JMOM.

XSVM currently has the higher Sharpe Ratio (2.45 vs 1.78), 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.

Portfolio Optimizer

Find the right allocation for XSVM and JMOM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer