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XSVM vs. JMOM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSVM vs. JMOM

Last updated Jun 4, 2026

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 6.37%/yr vs 16.28%/yr for JMOM. A 0.60 correlation means they provide meaningful diversification when combined. 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.

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Returns By Period

In the year-to-date period, XSVM achieves a 16.87% return, which is significantly lower than JMOM's 22.79% return.

XSVM

1D
-1.47%
1M
1.71%
YTD
16.87%
6M
16.68%
1Y
34.73%
3Y*
15.99%
5Y*
6.37%
10Y*
12.72%

JMOM

1D
-0.17%
1M
9.35%
YTD
22.79%
6M
22.27%
1Y
36.77%
3Y*
28.37%
5Y*
16.28%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSVM vs. JMOM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XSVM
Invesco S&P SmallCap Value with Momentum ETF		16.87%7.47%2.30%20.20%-13.63%56.36%5.08%30.01%-12.33%5.14%
JMOM
JPMorgan U.S. Momentum Factor ETF		22.79%18.02%28.47%22.89%-20.83%25.03%29.25%28.24%-5.25%3.32%

Correlation

The correlation between XSVM and JMOM is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.60

Correlation (3Y)
Calculated over the trailing 3-year period

0.64

Correlation (5Y)
Calculated over the trailing 5-year period

0.70

Correlation (All Time)
Calculated using the full available price history since Nov 10, 2017

0.60

The correlation between XSVM and JMOM shifts across timeframes, from 0.60 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

XSVM vs. JMOM - Sectors Allocation Comparison

Sectors
XSVM
JMOM

Financial Services

38.8%
9.6%

Consumer Cyclical

17.0%
6.9%

Energy

9.9%
3.8%

Technology

7.8%
38.1%

Consumer Defensive

7.3%
5.7%

Industrials

6.7%
12.8%

Real Estate

5.0%
2.5%

Communication Services

2.9%
8.3%

Basic Materials

1.9%
1.3%

Healthcare

1.4%
8.7%

Utilities

1.3%
2.3%

Financial Services

XSVM
38.8%
JMOM
9.6%

Consumer Cyclical

XSVM
17.0%
JMOM
6.9%

Energy

XSVM
9.9%
JMOM
3.8%

Technology

XSVM
7.8%
JMOM
38.1%

Consumer Defensive

XSVM
7.3%
JMOM
5.7%

Industrials

XSVM
6.7%
JMOM
12.8%

Real Estate

XSVM
5.0%
JMOM
2.5%

Communication Services

XSVM
2.9%
JMOM
8.3%

Basic Materials

XSVM
1.9%
JMOM
1.3%

Healthcare

XSVM
1.4%
JMOM
8.7%

Utilities

XSVM
1.3%
JMOM
2.3%

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. QQQJMOM vs. QMOMJMOM vs. SCHGJMOM vs. BIBL

Return for Risk

XSVM vs. JMOM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSVM
XSVM Risk / Return Rank: 5858
Overall Rank
XSVM Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
XSVM Sortino Ratio Rank: 5656
Sortino Ratio Rank
XSVM Omega Ratio Rank: 5353
Omega Ratio Rank
XSVM Calmar Ratio Rank: 6969
Calmar Ratio Rank
XSVM Martin Ratio Rank: 5959
Martin Ratio Rank
JMOM
JMOM Risk / Return Rank: 8181
Overall Rank
JMOM Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
JMOM Sortino Ratio Rank: 7777
Sortino Ratio Rank
JMOM Omega Ratio Rank: 7474
Omega Ratio Rank
JMOM Calmar Ratio Rank: 8585
Calmar Ratio Rank
JMOM Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

XSVMJMOMDifference
Sharpe ratioReturn per unit of total volatility
1.88
2.58

-0.70

Sortino ratioReturn per unit of downside risk
2.74
3.54

-0.81

Omega ratioGain probability vs. loss probability

1.33

1.45

-0.12

Calmar ratioReturn relative to maximum drawdown

3.46

4.69

-1.23

Martin ratioReturn relative to average drawdown

10.66

22.24

-11.59

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSVM vs. JMOM - Sharpe Ratio Comparison

The current XSVM Sharpe Ratio is 1.88, which is comparable to the JMOM Sharpe Ratio of 2.58. 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.

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Sharpe Ratios by Period

XSVMJMOMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.88

2.58

-0.70

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.88

-0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.82

-0.45

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.

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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%

-7.87%

-2.21%

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

-1.47%

-0.17%

-1.30%

Average Drawdown

Average peak-to-trough decline

-11.57%

-6.32%

-5.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.27%

1.66%

+1.61%

Volatility

XSVM vs. JMOM - Volatility Comparison

Invesco S&P SmallCap Value with Momentum ETF (XSVM) has a higher volatility of 5.24% compared to JPMorgan U.S. Momentum Factor ETF (JMOM) at 4.62%. This indicates that XSVM's price experiences larger fluctuations and is considered to be riskier than JMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSVMJMOMDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.24%

4.62%

+0.62%

Volatility (6M)

Calculated over the trailing 6-month period

12.05%

11.55%

+0.50%

Volatility (1Y)

Calculated over the trailing 1-year period

18.59%

14.32%

+4.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.71%

18.65%

+4.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.09%

20.13%

+4.96%

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 1.81%, more than JMOM's 0.71% yield.

PositionTTM20252024202320222021202020192018201720162015
JMOM
JPMorgan U.S. Momentum Factor ETF		0.71%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		1.81%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 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XSVM has higher volatility (5.24%) compared to JMOM (4.62%). In terms of maximum drawdown, XSVM dropped -62.57% vs JMOM's -34.31%.

On 5-year performance, JMOM leads with 16.28% vs 6.37% for XSVM. On fees, JMOM is cheaper at 0.12% per year. On volatility, JMOM has been the lower-risk option at 4.62%. 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 16.28% return vs 6.37%. 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 1.81%, compared with 0.71% 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.

JMOM currently has the higher Sharpe Ratio (2.58 vs 1.88), 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.

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