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XSVM vs. SMOT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSVM vs. SMOT

Last updated Aug 4, 2026
Documentation

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 15.08%/yr vs 11.06%/yr for SMOT. Their correlation of 0.84 means they have usually moved in the same direction. 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 27.31% return, which is significantly higher than SMOT's 10.51% 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%

SMOT

1D
1.18%
1M
1.25%
6M
8.25%
YTD
10.51%
1Y
15.93%
3Y*
11.06%
5Y*
—
10Y*
—
ALL TIME*
12.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

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

SMOT

VanEck Morningstar SMID Moat ETF
$1.13M$990.83K$960.21K

XSVM

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

XSVM vs. SMOT - Yearly Performance Comparison

2026 (YTD)2025202420232022
XSVM
Invesco S&P SmallCap Value with Momentum ETF		27.31%7.47%2.30%20.20%5.29%
SMOT
VanEck Morningstar SMID Moat ETF		10.51%6.46%10.71%17.31%3.85%

Correlation

The correlation between XSVM and SMOT is 0.74, 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.

0.74

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

0.82

Correlation (All Time)
Calculated using the full available price history since Oct 6, 2022

0.84

The correlation between XSVM and SMOT has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.

XSVM vs. SMOT - Sectors Allocation Comparison

Sectors
XSVM
SMOT

Financial Services

45.1%
8.2%

Consumer Cyclical

18.1%
13.2%

Real Estate

9.7%
2.3%

Energy

5.7%
1.8%

Industrials

5.3%
16.3%

Consumer Defensive

4.1%
10.8%

Basic Materials

3.0%
9.1%

Technology

2.6%
10.9%

Communication Services

2.6%
3.2%

Utilities

2.1%
0.7%

Healthcare

1.7%
23.6%

Financial Services

XSVM
45.1%
SMOT
8.2%

Consumer Cyclical

XSVM
18.1%
SMOT
13.2%

Real Estate

XSVM
9.7%
SMOT
2.3%

Energy

XSVM
5.7%
SMOT
1.8%

Industrials

XSVM
5.3%
SMOT
16.3%

Consumer Defensive

XSVM
4.1%
SMOT
10.8%

Basic Materials

XSVM
3.0%
SMOT
9.1%

Technology

XSVM
2.6%
SMOT
10.9%

Communication Services

XSVM
2.6%
SMOT
3.2%

Utilities

XSVM
2.1%
SMOT
0.7%

Healthcare

XSVM
1.7%
SMOT
23.6%

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. SDVYSMOT vs. FNYSMOT vs. IJR

Return for Risk

XSVM vs. SMOT — 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
SMOT
SMOT Risk / Return Rank: 4545
Overall Rank
SMOT Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
SMOT Sortino Ratio Rank: 4646
Sortino Ratio Rank
SMOT Omega Ratio Rank: 4040
Omega Ratio Rank
SMOT Calmar Ratio Rank: 4848
Calmar Ratio Rank
SMOT Martin Ratio Rank: 4949
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. 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.

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.

XSVMSMOTDifference
Sharpe ratioReturn per unit of total volatility
2.45
1.13

+1.32

Sortino ratioReturn per unit of downside risk
3.53
1.75

+1.78

Omega ratioGain probability vs. loss probability

1.43

1.20

+0.23

Calmar ratioReturn relative to maximum drawdown

4.32

1.80

+2.52

Martin ratioReturn relative to average drawdown

13.79

5.84

+7.95

XSVM vs. SMOT - Sharpe Ratio Comparison

The current XSVM Sharpe Ratio is 2.45, which is higher than the SMOT Sharpe Ratio of 1.13. 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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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

-0.28%

-1.17%

+0.89%

Average Drawdown

Average peak-to-trough decline

-11.48%

-4.67%

-6.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.15%

2.73%

+0.42%

Volatility

XSVM vs. SMOT - Volatility Comparison

Invesco S&P SmallCap Value with Momentum ETF (XSVM) and VanEck Morningstar SMID Moat ETF (SMOT) have volatilities of 4.25% and 4.10%, 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.

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Volatility by Period

XSVMSMOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.25%

4.10%

+0.15%

Volatility (6M)

Calculated over the trailing 6-month period

11.78%

10.25%

+1.53%

Volatility (1Y)

Calculated over the trailing 1-year period

17.83%

14.24%

+3.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.34%

18.31%

+4.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.01%

18.31%

+6.70%

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 1.73%, more than SMOT's 1.24% yield.

PositionTTM20252024202320222021202020192018201720162015
SMOT
VanEck Morningstar SMID Moat ETF		1.24%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		1.73%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 SMOT have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XSVM has higher volatility (4.25%) compared to SMOT (4.10%). In terms of maximum drawdown, XSVM dropped -62.57% vs SMOT's -23.36%.

On 3-year performance, XSVM leads with 15.08% vs 11.06% for SMOT. On fees, XSVM is cheaper at 0.37% per year. On volatility, SMOT has been the lower-risk option at 4.10%. 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 15.08% return vs 11.06%. 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 1.73%, compared with 1.24% 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 (2.45 vs 1.13), 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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