Invesco S&P SmallCap Momentum ETF
$82.08−0.67 (−0.80%)
- Expense ratio
- 0.35%
- Fund size
- $2.9B
- 1Y return
- +12.9%
- Yield · Last 12 months
- 0.62%
- Holdings
- 114
- Volume · 30D
- 0.3M sh
- NAV per share
- $82.38
- 52W range
The ETF.net XSMO Grade
Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 80Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 22Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 49Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 67Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 65Category rank
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
- 114
- 24%
- VSAT
Sectors
- Industrials18.1%
- Financials15.8%
- Technology15.1%
- Health Care13.8%
- Consumer Discr.9.9%
- Materials7.0%
- Real Estate5.4%
- Energy4.3%
- Communication4.2%
- Utilities3.6%
- Cons. Staples2.8%
Geography
- United States97.35%
- Bermuda1.76%
- Israel0.60%
- Cayman Islands0.29%
XSMO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +15.5% |
| 1 month | −3.7% |
| 3 months | −8.0% |
| 1 year | +12.9% |
| 3 years | +20.6% |
| 5 years | +10.3% |
| 10 years | +12.9% |
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 | +15.5% | |
| 2025 | +9.8% | |
| 2024 | +17.4% | |
| 2023 | +21.5% | |
| 2022 | −15.5% | |
| 2021 | +19.3% | |
| 2020 | +22.0% |
XSMO in the news
ETF.net Research hasn’t filed on XSMO yet — coverage lands here as it’s written.
XSMO Dividends
- 0.62%
- $0.51
- $0.16 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.16 |
| Jun 22, 2026 | Jun 26, 2026 | $0.13 |
| Mar 23, 2026 | Mar 27, 2026 | $0.12 |
| Dec 22, 2025 | Dec 26, 2025 | $0.11 |
| Sep 22, 2025 | Sep 26, 2025 | $0.12 |
| Jun 23, 2025 | Jun 27, 2025 | $0.12 |
| Mar 24, 2025 | Mar 28, 2025 | $0.20 |
| Dec 23, 2024 | Dec 27, 2024 | $0.17 |
| Sep 23, 2024 | Sep 27, 2024 | $0.13 |
| Jun 24, 2024 | Jun 28, 2024 | $0.06 |
| Mar 18, 2024 | Mar 22, 2024 | $0.06 |
| Dec 18, 2023 | Dec 22, 2023 | $0.09 |
XSMO Risk
- 21.0%
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.
- 0.72
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.
- 1.10
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
- The middle half of US Factor Index funds
- Median 0.30%
17 of the 29 US Factor Index funds charge less.