Invesco S&P SmallCap Momentum ETF
$81.03−0.28 (−0.34%)
- 0.35%
- $2.9B
- +15.6%
- 0.63%
- 0.3M sh
- $81.73
- low $68.59high $93.68
The ETF.net XSMO Grade
C
Score 51 out of 100
- 17 of 30
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 19 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.A79 out of 100Rank 10 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 28 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 14 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B69 out of 100Rank 9 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 9 of 30
Our read on XSMO
CMomentum applied only to small caps that already make money. XSMO fishes in the S&P SmallCap 600, which demands positive earnings to get in, then keeps the strongest-trending slice of it. Running since 2005.
The fund is based on the S&P Smallcap 600 Momentum Index and invests at least 90% of total assets in the index's component securities.
Why people hold it
- The universe screens first: S&P 600 entry requires positive earnings in the latest quarter and across the trailing four. Momentum picks from that pool, not from every small cap with a chart.spglobal.com
- Mechanics are written down, not improvised: 12-month risk-adjusted momentum that skips the most recent month, weights tied to size times momentum score, reset each March and September.spglobal.comindexologyblog.com
- A 2005 launch and a multi-billion-dollar asset base put this among the veterans of factor investing, not the recent momentum crowd. Distributions come quarterly.
Worth knowing
- The 0.36% fee sits above the middle of the US factor pack, and broader factor exposure comes cheaper (SIZE runs 0.15%).
- Momentum only refreshes twice a year, so the portfolio can carry yesterday's leaders through a sharp rotation until the next rebalance.spglobal.com
- Roughly 110 names out of 600 is a concentrated small-cap sleeve. Security and sector weight caps limit the tilt; they do not erase it.indexologyblog.com
XSMO Holdings
- Stocks
- 115
- 24%
- VSAT
Sectors
- Technology20.4%
- Health Care18.8%
- Financials15.0%
- Real Estate12.4%
- Energy9.3%
- Industrials6.4%
- Consumer Discretionary6.4%
- Consumer Staples4.4%
- Communication3.6%
- Materials3.2%
Geography
- United States97.71%
- Ireland1.51%
- Puerto Rico0.78%
XSMO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XSMO$11,563
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XSMO |
|---|---|
| Year to date | +13.5% |
| 1 month | −2.7% |
| 3 months | −8.6% |
| 1 year | +15.6% |
| 3 years | +20.3% |
| 5 years | +9.4% |
| 10 years | +13.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XSMO |
|---|---|---|
| 2026 YTD | +13.5% | |
| 2025 | +9.8% | |
| 2024 | +17.4% | |
| 2023 | +21.5% | |
| 2022 | −15.5% | |
| 2021 | +19.3% | |
| 2020 | +22.0% |
XSMO in the news
XSMO Dividends
- 0.63%
- $0.51
- $0.16 per share
- Quarterly
Distribution history
XSMO Risk
- 20.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.75
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XSMO Cost
0.35%
XSMO0.35%
- The middle half of US Factor Index funds
- Median 0.30%
18 of the 30 US Factor Index funds charge less.
Other funds in US Factor Index
- CSPHBInvesco S&P 500 High Beta ETFExpense ratio 0.25%1 year return +41.2%
- CXMMOInvesco S&P MidCap Momentum ETFExpense ratio 0.34%1 year return +11.1%
- CHAPIHarbor Human Capital Factor US Large Cap ETF (HAPI)Expense ratio 0.35%1 year return +20.0%
- CTMFCMotley Fool 100 Index ETFExpense ratio 0.50%1 year return +18.0%
- CPOWAInvesco Bloomberg Pricing Power ETFExpense ratio 0.40%1 year return +1.5%