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XSVM vs. SMOT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSVM vs. SMOT

Last updated Jun 4, 2026

XSVM (Invesco S&P SmallCap Value with Momentum ETF) and SMOT (VanEck Morningstar SMID Moat ETF) are both exchange-traded funds - XSVM is a Momentum fund tracking the S&P SmallCap 600 High Momentum Value Index, while SMOT is a Mid Cap Blend Equities fund tracking the Morningstar US Small-Mid Cap Moat Focus. Both are passively managed. Over the past 3 years, XSVM returned 15.99%/yr vs 11.98%/yr for SMOT. Their correlation of 0.84 suggests significant overlap in exposure. XSVM charges 0.37%/yr vs 0.49%/yr for SMOT.

Performance

XSVM vs. SMOT - 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 VanEck Morningstar SMID Moat ETF (SMOT). 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 higher than SMOT's 7.04% 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%

SMOT

1D
-0.21%
1M
4.42%
YTD
7.04%
6M
7.50%
1Y
16.94%
3Y*
11.98%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSVM vs. SMOT - Yearly Performance Comparison

2026 (YTD)2025202420232022
XSVM
Invesco S&P SmallCap Value with Momentum ETF		16.87%7.47%2.30%20.20%6.19%
SMOT
VanEck Morningstar SMID Moat ETF		7.04%6.46%10.71%17.31%5.41%

Correlation

The correlation between XSVM and SMOT is 0.78, 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

0.78

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

0.83

Correlation (All Time)
Calculated using the full available price history since Oct 7, 2022

0.84

The correlation between XSVM and SMOT has been stable across timeframes, ranging from 0.78 to 0.84 - a consistent structural relationship.

XSVM vs. SMOT - Sectors Allocation Comparison

Sectors
XSVM
SMOT

Financial Services

38.8%
6.0%

Consumer Cyclical

17.0%
13.1%

Energy

9.9%
4.7%

Technology

7.8%
22.2%

Consumer Defensive

7.3%
7.8%

Industrials

6.7%
12.0%

Real Estate

5.0%
2.6%

Communication Services

2.9%
2.4%

Basic Materials

1.9%
8.1%

Healthcare

1.4%
18.3%

Utilities

1.3%
2.7%

Financial Services

XSVM
38.8%
SMOT
6.0%

Consumer Cyclical

XSVM
17.0%
SMOT
13.1%

Energy

XSVM
9.9%
SMOT
4.7%

Technology

XSVM
7.8%
SMOT
22.2%

Consumer Defensive

XSVM
7.3%
SMOT
7.8%

Industrials

XSVM
6.7%
SMOT
12.0%

Real Estate

XSVM
5.0%
SMOT
2.6%

Communication Services

XSVM
2.9%
SMOT
2.4%

Basic Materials

XSVM
1.9%
SMOT
8.1%

Healthcare

XSVM
1.4%
SMOT
18.3%

Utilities

XSVM
1.3%
SMOT
2.7%

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

VanEck Morningstar SMID Moat ETF

Often compared with XSVM:
XSVM vs. XSMOXSVM vs. AVUVXSVM vs. RWJXSVM vs. XSHQXSVM vs. SPHBXSVM vs. DGRSXSVM vs. RYPRX
Often compared with SMOT:
SMOT vs. MOATSMOT vs. INCMSMOT vs. IWMSMOT vs. VOOSMOT vs. IJRSMOT vs. SDVYSMOT vs. FLQM

Return for Risk

XSVM vs. SMOT — 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
SMOT
SMOT Risk / Return Rank: 3535
Overall Rank
SMOT Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
SMOT Sortino Ratio Rank: 3535
Sortino Ratio Rank
SMOT Omega Ratio Rank: 3131
Omega Ratio Rank
SMOT Calmar Ratio Rank: 3939
Calmar Ratio Rank
SMOT Martin Ratio Rank: 3838
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. SMOT - 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 VanEck Morningstar SMID Moat ETF (SMOT). 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.

XSVMSMOTDifference
Sharpe ratioReturn per unit of total volatility
1.88
1.21

+0.67

Sortino ratioReturn per unit of downside risk
2.74
1.86

+0.88

Omega ratioGain probability vs. loss probability

1.33

1.21

+0.12

Calmar ratioReturn relative to maximum drawdown

3.46

1.91

+1.55

Martin ratioReturn relative to average drawdown

10.66

6.12

+4.54

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. SMOT - Sharpe Ratio Comparison

The current XSVM Sharpe Ratio is 1.88, which is higher than the SMOT Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of XSVM and SMOT, 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

XSVMSMOTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.88

1.21

+0.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

—

—

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

0.71

-0.34

Drawdowns

XSVM vs. SMOT - Drawdown Comparison

The maximum XSVM drawdown since its inception was -62.57%, which is greater than SMOT's maximum drawdown of -23.36%. Use the drawdown chart below to compare losses from any high point for XSVM and SMOT.

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Drawdown Indicators

XSVMSMOTDifference

Max Drawdown

Largest peak-to-trough decline

-62.57%

-23.36%

-39.21%

Max Drawdown (1Y)

Largest decline over 1 year

-10.08%

-8.91%

-1.17%

Max Drawdown (3Y)

Largest decline over 3 years

-26.21%

-23.36%

-2.85%

Max Drawdown (5Y)

Largest decline over 5 years

-26.21%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-49.02%

—

—

Current Drawdown

Current decline from peak

-1.47%

-0.21%

-1.26%

Average Drawdown

Average peak-to-trough decline

-11.57%

-4.81%

-6.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.27%

2.78%

+0.49%

Volatility

XSVM vs. SMOT - Volatility Comparison

Invesco S&P SmallCap Value with Momentum ETF (XSVM) has a higher volatility of 5.24% compared to VanEck Morningstar SMID Moat ETF (SMOT) at 3.03%. This indicates that XSVM's price experiences larger fluctuations and is considered to be riskier than SMOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSVMSMOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.24%

3.03%

+2.21%

Volatility (6M)

Calculated over the trailing 6-month period

12.05%

9.47%

+2.58%

Volatility (1Y)

Calculated over the trailing 1-year period

18.59%

14.14%

+4.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.71%

18.42%

+4.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.09%

18.42%

+6.67%

XSVM vs. SMOT - Expense Ratio Comparison

XSVM has a 0.37% expense ratio, which is lower than SMOT's 0.49% expense ratio.

Dividends

XSVM vs. SMOT - Dividend Comparison

XSVM's dividend yield for the trailing twelve months is around 1.81%, more than SMOT's 1.28% yield.

PositionTTM20252024202320222021202020192018201720162015
SMOT
VanEck Morningstar SMID Moat ETF		1.28%1.37%1.18%0.65%0.24%0.00%0.00%0.00%0.00%0.00%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 SMOT have a correlation of 0.78, 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 SMOT (3.03%). In terms of maximum drawdown, XSVM dropped -62.57% vs SMOT's -23.36%.

On 3-year performance, XSVM leads with 15.99% vs 11.98% for SMOT. On fees, XSVM is cheaper at 0.37% per year. On volatility, SMOT has been the lower-risk option at 3.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, XSVM has performed better with a 15.99% return vs 11.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XSVM is cheaper with a 0.37% expense ratio, compared with 0.49% for SMOT.

XSVM has the higher dividend yield at 1.81%, compared with 1.28% for SMOT.

XSVM is categorized as Momentum, while SMOT is Mid Cap Blend Equities. XSVM tracks S&P SmallCap 600 High Momentum Value Index, while SMOT tracks Morningstar US Small-Mid Cap Moat Focus. They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.37% for XSVM and 0.49% for SMOT.

XSVM currently has the higher Sharpe Ratio (1.88 vs 1.21), 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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