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Launched · SEC filings

Invesco S&P SmallCap Momentum ETF

XSMONYSE ArcaInvescoC

$80.33−0.65 (−0.80%)

At close: Nov 2, 2026, 4:00 PM ET

C51/ 100

Rank 15 of 30 in US Factor Index

C51/100Rank 15 of 30inUS Factor Index
Intraday session: down, 79 prints from 80.98 to 80.33. Range 80.28 to 81.95. Use the arrow keys to read each point.81.5082.0010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$2.81B
1Y total return
+13.8%
Yield · Last 12 months
0.63%
Holdings
115
Avg volume · 30D
270K sh
52W range
low $68.59high $93.68
Launched
Filings
SEC EDGAR

The ETF.net XSMO Grade

C

Score 51 out of 100

Category
US Factor Index⁠
Rank
15 of 30
Six-pillar profile for XSMO. Scores out of 100: Cost 34, Risk 27, Mission 80, Tradability 51, Holdings 66, Durability 63. Strongest: Mission (80). Weakest: Risk (27). Leans toward Mission.

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 100
    Rank 19 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A80 out of 100
    Rank 9 of 23

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 27 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 14 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B66 out of 100
    Rank 10 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B63 out of 100
    Rank 10 of 30

Our read on XSMO

ETF.net Research

In short

CMomentum, but only among small caps that actually make money. XSMO rides the strongest performers in the S&P SmallCap 600, weighted by momentum score and reshuffled twice a year, for 0.35% with no fee waiver in place.

Stated mandate

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

  • S&P demands positive earnings in the latest quarter and the trailing four combined before a stock joins the SmallCap 600, so momentum is drawn from profitable companies.spglobal.com
  • Weighting is float-adjusted market cap times momentum score, so the strongest trends carry the heaviest weight instead of every winner getting an equal slice.spglobal.com
  • Listed in 2005 and now a multi-billion-dollar fund, it has run through several full market cycles rather than one hot stretch.
  • Plain mandate: at least 90% of assets in the index's own components, no discretionary side bets.invesco.com

Worth knowing

  • About 110 names, tilted toward the hottest movers, so the ride is bumpier than a broad small-cap index.spglobal.com
  • The index reshuffles in March and September, so names whose trend breaks mid-period stay put until the next rebalance.spglobal.com
  • At 0.35% with no fee waiver, it sits near the category median, above plainer factor options like SIZE at 0.15% or MGV at 0.05%.

XSMO Holdings

Holdings pillarB66 out of 100Rank 10 of 30 in US Factor Index
Asset class
Stocks
Holdings
115
Top-10 weight
24%
Largest holding
VSAT4.4%

Sectors

  • Health Care20.5%
  • Technology17.0%
  • Financials15.6%
  • Real Estate13.6%
  • Energy9.1%
  • Consumer Discretionary6.9%
  • Industrials6.3%
  • Consumer Staples4.6%
  • Communication3.6%
  • Materials2.7%

Geography

  • United States99.55%
  • Singapore0.45%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1VSATViasat Inc4.38%1,610,541$126M162
2VSXYVictoria's Secret & Co3.21%929,362$92.1M147
3PTGXProtagonist Therapeutics Inc2.87%569,520$82.2M152
4GKOSGlaukos Corp2.77%327,401$79.4M131
5LGNDLigand Pharmaceuticals Inc2.11%191,065$60.6M139
6RHPRyman Hospitality Properties Inc1.95%414,501$55.8M128
7INSWInternational Seaways Inc1.93%486,427$55.3M162
8MATXMatson Inc1.79%226,048$51.3M171
9MSGSMSG Knickerbockers Corp1.75%161,466$50.1M54
10MXLMaxLinear Inc1.69%677,960$48.5M130
11OUTOutfront Media Inc1.69%1,492,527$48.5M135
12ALKSAlkermes PLC1.68%1,059,115$48.1M152
13ENVAEnova International Inc1.63%258,893$46.9M133
14AMRXAmneal Pharmaceuticals Inc1.60%2,152,660$46M136
15PLXSPlexus Corp1.47%195,191$42.2M139

Showing 1–15 of 115 holdings

XSMO Performance

Launched Mar 3, 2005

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

XSMO$11,376
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. XSMO $11,376. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for XSMO. Periods over one year show the average yearly return.
PeriodXSMO
Year to date+13.0%
1 month−0.7%
3 months−6.5%
1 year+13.8%
3 yearsper year+21.7%
5 yearsper year+8.5%
10 yearsper year+13.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for XSMO
YearReturn barXSMO
2026 YTD+13.0%
2025+9.8%
2024+17.4%
2023+21.5%
2022−15.5%
2021+19.3%
2020+22.0%

XSMO in the news

XSMO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.63%Last 12 months
Payout per share
$0.51Last 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 37 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.02; Jun 16, 2017 $0.04; Sep 18, 2017 $0.03; Mar 19, 2018 $0.07; Jun 18, 2018 $0.05; Sep 24, 2018 $0.06; Dec 24, 2018 $0.03; Jun 24, 2019 $0.04; Sep 23, 2019 $0.09; Dec 23, 2019 $0.14; Mar 23, 2020 $0.17; Jun 22, 2020 $0.09; Sep 21, 2020 $0.10; Dec 21, 2020 $0.03; Mar 22, 2021 $0.05; Jun 21, 2021 $0.03; Sep 20, 2021 $0.03; Dec 20, 2021 $0.06; Mar 21, 2022 $0.09; Jun 21, 2022 $0.13; Sep 19, 2022 $0.16; Dec 19, 2022 $0.18; Mar 20, 2023 $0.19; Jun 20, 2023 $0.17; Sep 18, 2023 $0.10; Dec 18, 2023 $0.09; Mar 18, 2024 $0.06; Jun 24, 2024 $0.06; Sep 23, 2024 $0.13; Dec 23, 2024 $0.17; Mar 24, 2025 $0.20; Jun 23, 2025 $0.12; Sep 22, 2025 $0.12; Dec 22, 2025 $0.11; Mar 23, 2026 $0.12; Jun 22, 2026 $0.13; Sep 21, 2026 $0.16. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.16
Jun 22, 2026Jun 26, 2026$0.13
Mar 23, 2026Mar 27, 2026$0.12
Dec 22, 2025Dec 26, 2025$0.11
Sep 22, 2025Sep 26, 2025$0.12
Jun 23, 2025Jun 27, 2025$0.12
Mar 24, 2025Mar 28, 2025$0.20
Dec 23, 2024Dec 27, 2024$0.17
Sep 23, 2024Sep 27, 2024$0.13
Jun 24, 2024Jun 28, 2024$0.06
Mar 18, 2024Mar 22, 2024$0.06
Dec 18, 2023Dec 22, 2023$0.09

See all 50 payments⁠

$10,000 in XSMO 10 years ago paid $1,521 in dividends.⁠

XSMO Risk

Risk pillarD27 out of 100Rank 27 of 30 in US Factor Index
How much the fund’s monthly returns vary, scaled to a year.
20.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.85
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−29.6%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

XSMO Cost

Compare XSMO and MGV

Overpaying vs MGV, cheapest in US Factor Index

$6,066

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • XSMO 0.35%

    $7,126

  • MGV 0.05% Cheapest

    $1,060

$10,000
30 years

Cost over time

  • XSMO 0.35%
  • MGV 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530XSMO $7,126MGV $1,060

Year by year

YearXSMOMGVOverpaying
10$634$92$542
20$2,454$360$2,094
30$7,126$1,060$6,066

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