Invesco S&P MidCap Quality ETF (XMHQ) Performance
XMHQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.4% since Dec 31, 2025
- 1 year
- +10.8% total return
- 5 years
- +9.4% a year
- 10 years
- +13.0% a year
- Since first price
- +9.4% a year since 2006
XMHQ trailing returns vs SPY, QQQ, AGG
| Period | XMHQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.9% | +1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.7% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.9% | +7.6% | +7.8% | +8.4% | −1.5% |
| YTD | +13.4% | +12.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.8% | +10.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +60.6%+17.1%/yr | +50.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +57.0%+9.4%/yr | +43.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +239.1%+13.0%/yr | +189.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +510.9%+12.8%/yr | +386.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 1, 2006 | +499.0%+9.4%/yr | +360.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XMHQ vs SPY
From Dec 1, 2006: XMHQ grew to $59,901, SPY to $78,123.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XMHQ returns by calendar year
14 of 19 full years positive. Best 2013 (+33.4%), worst 2008 (−40.2%). 2026 is year to date.
XMHQ annual returns table
| Year | XMHQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.4% | −8.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +4.7% | −20.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.8% | −10.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +29.5% | −10.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −12.4% | −23.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +21.0% | −9.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +26.6% | −36.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.2% | −8.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.1% | −21.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +15.6% | −4.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +16.2% | −12.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −6.5% | −15.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.1% | −9.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +33.4% | −6.5% | +32.3% | +36.6% | −2.0% |
| 2012 | +13.2% | −13.5% | +16.0% | +18.1% | +3.8% |
| 2011 | −1.4% | −23.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +21.2% | −15.1% | +15.1% | +19.9% | +6.4% |
| 2009 | +29.5% | −24.7% | +26.4% | +54.7% | +3.0% |
| 2008 | −40.2% | −54.3% | −36.8% | −41.7% | +7.9% |
| 2007 | +5.6% | −13.2% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XMHQ largest drawdowns
Now 3.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 17, 2007 | −58.2% | Nov 21, 2008 | Jan 18, 2013 | 1.3 years | 5.5 years |
| Feb 19, 2020 | −36.9% | Mar 23, 2020 | Jul 27, 2020 | 33 days | 5 months |
| Nov 16, 2021 | −25.5% | Jun 16, 2022 | Jul 12, 2023 | 7 months | 1.7 years |
| Nov 25, 2024 | −24.6% | Apr 8, 2025 | Jan 15, 2026 | 4 months | 1.1 years |
| May 19, 2015 | −22.4% | Feb 11, 2016 | Jul 22, 2016 | 9 months | 1.2 years |
| Sep 21, 2018 | −21.8% | Dec 24, 2018 | Jul 24, 2019 | 3 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XMHQ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +13.9% | +10.0% | +12.5% | +9.2% |
| Volatility (annualized) | 16.7% | 18.6% | 17.7% | 17.6% |
| Sharpe ratio | 0.60 | 0.41 | 0.62 | 0.51 |
| Sortino ratio | 0.98 | 0.67 | 1.00 | 0.76 |
| Best month | +12.0% | +12.0% | +14.6% | +14.6% |
| Worst month | −8.8% | −9.5% | −12.8% | −22.3% |
| Best 12 months | +37.4% | +51.0% | +86.6% | +86.6% |
| Worst 12 months | −12.5% | −16.8% | −16.8% | −45.1% |
| Positive months | 67% | 60% | 67% | 64% |
| Beta vs S&P 500 | 0.94 | 0.98 | 1.01 | — |
| Correlation with S&P 500 | 0.70 | 0.83 | 0.87 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XMHQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 227 | −45.1% | +12.4% | +86.6% | 73% |
| 3-year (a year) | 203 | −9.9% | +12.5% | +25.2% | 93% |
| 5-year (a year) | 179 | −2.8% | +11.6% | +22.5% | 96% |
| 10-year (a year) | 119 | +5.2% | +11.8% | +15.0% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
XMHQ performance overview
Invesco S&P MidCap Quality ETF (XMHQ) returned +10.8% over the past year and +13.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +9.4% a year, turning $10,000 into about $59,901. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −58.2%, from Jul 17, 2007 to Nov 21, 2008, and it took 4.2 years to get back to the old high. XMHQ finished 14 of its 19 full calendar years with a gain; the best year was 2013 (+33.4%) and the worst 2008 (−40.2%). Volatility has been 17.6% a year.
Related: XMHQ chart, XMHQ holdings, XMHQ dividends, XMHQ valuation. See the XMHQ overview for the latest quote and fund facts.
XMHQ performance FAQ
What is the XMHQ return over the past year?
XMHQ returned +10.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.1%.
What is the average annual return of XMHQ?
XMHQ has returned +9.4% a year over 5 years, +13.0% a year over 10 years, +9.4% a year since December 1, 2006 (total return, distributions reinvested).
How much would $10,000 invested in XMHQ be worth?
$10,000 invested in XMHQ at its first recorded close on December 1, 2006 would be worth about $59,901 on October 23, 2026 with distributions reinvested.
What was the worst year for XMHQ?
The worst calendar year was 2008, with a total return of −40.2%. The best was 2013 at +33.4%.
What is the biggest drawdown of XMHQ?
The largest peak-to-trough decline was −58.2% between July 17, 2007 and November 21, 2008. It recovered to the old high on January 18, 2013, 4.2 years after the bottom.
How volatile is XMHQ?
Over the past 3 years XMHQ had an annualized volatility of 16.7% and a Sharpe ratio of 0.60 (excess return over 1–3 month T-bills per unit of risk).