Invesco S&P MidCap Momentum ETF (XMMO) Performance
XMMO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.1% since Dec 31, 2025
- 1 year
- +0.2% total return
- 5 years
- +9.2% a year
- 10 years
- +16.7% a year
- Since first price
- +11.3% a year since 2005
XMMO trailing returns vs SPY, QQQ, AGG
| Period | XMMO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.3% | −8.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −16.8% | −16.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −15.0% | −15.3% | +7.8% | +8.4% | −1.5% |
| YTD | −2.1% | −2.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +0.2% | −0.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +81.0%+21.9%/yr | +77.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +55.4%+9.2%/yr | +48.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +369.8%+16.7%/yr | +340.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +643.0%+14.3%/yr | +563.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +711.2%+11.0%/yr | +618.3% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMar 3, 2005 | +914.0%+11.3%/yr | +796.9% | — | — | — |
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: XMMO vs SPY
From Mar 3, 2005: XMMO grew to $101,396, SPY to $93,144.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XMMO returns by calendar year
16 of 20 full years positive. Best 2024 (+38.0%), worst 2008 (−44.1%). 2026 is year to date.
XMMO annual returns table
| Year | XMMO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −2.1% | −22.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.0% | −23.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +38.0% | −9.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.4% | −10.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.0% | −24.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +16.7% | −11.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +29.2% | −36.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +36.8% | −7.8% | +31.2% | +39.0% | +8.5% |
| 2018 | +6.1% | −25.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +37.2% | −3.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +3.4% | −17.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.6% | −14.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +10.6% | −9.8% | +13.5% | +19.2% | +6.0% |
| 2013 | +27.5% | −8.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +14.7% | −12.8% | +16.0% | +18.1% | +3.8% |
| 2011 | −5.7% | −26.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +29.6% | −17.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +23.6% | −18.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −44.1% | −54.5% | −36.8% | −41.7% | +7.9% |
| 2007 | +27.6% | −9.5% | +5.1% | +19.0% | +6.6% |
| 2006 | +9.3% | −15.5% | +15.8% | +7.1% | +3.9% |
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.
XMMO largest drawdowns
Now 22.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 10, 2007 | −55.4% | Nov 20, 2008 | Jan 22, 2013 | 11 months | 5.1 years |
| Feb 19, 2020 | −36.7% | Mar 23, 2020 | Aug 3, 2020 | 33 days | 5 months |
| Nov 8, 2021 | −27.9% | Sep 26, 2022 | Jan 30, 2024 | 11 months | 2.2 years |
| Jul 31, 2015 | −26.1% | Feb 9, 2016 | Feb 8, 2017 | 6 months | 1.5 years |
| Sep 14, 2018 | −25.1% | Dec 24, 2018 | Feb 25, 2019 | 3 months | 5 months |
| Nov 25, 2024 | −24.9% | Apr 8, 2025 | Sep 11, 2025 | 4 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.
XMMO risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +22.9% | +12.7% | +17.4% | +12.0% |
| Volatility (annualized) | 19.8% | 20.9% | 19.4% | 18.3% |
| Sharpe ratio | 0.93 | 0.51 | 0.81 | — |
| Sortino ratio | 1.65 | 0.83 | 1.32 | — |
| Best month | +14.5% | +14.5% | +14.5% | +14.5% |
| Worst month | −9.3% | −12.0% | −13.5% | −20.2% |
| Best 12 months | +64.1% | +64.1% | +71.6% | +71.6% |
| Worst 12 months | −0.4% | −16.0% | −16.1% | −45.1% |
| Positive months | 67% | 57% | 67% | 65% |
| Beta vs S&P 500 | 1.22 | 1.09 | 1.05 | — |
| Correlation with S&P 500 | 0.77 | 0.82 | 0.83 | — |
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.
XMMO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 248 | −45.1% | +14.9% | +71.6% | 77% |
| 3-year (a year) | 224 | −12.4% | +12.6% | +33.3% | 87% |
| 5-year (a year) | 200 | −2.2% | +13.4% | +25.6% | 96% |
| 10-year (a year) | 140 | +4.5% | +14.2% | +19.9% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
XMMO performance overview
Invesco S&P MidCap Momentum ETF (XMMO) returned +0.2% over the past year and +16.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +11.3% a year, turning $10,000 into about $101,396. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −55.4%, from Dec 10, 2007 to Nov 20, 2008, and it took 4.2 years to get back to the old high. XMMO finished 16 of its 20 full calendar years with a gain; the best year was 2024 (+38.0%) and the worst 2008 (−44.1%). Volatility has been 18.3% a year.
Related: XMMO chart, XMMO holdings, XMMO dividends, XMMO valuation. See the XMMO overview for the latest quote and fund facts.
XMMO performance FAQ
What is the XMMO return over the past year?
XMMO returned +0.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.4%.
What is the average annual return of XMMO?
XMMO has returned +9.2% a year over 5 years, +16.7% a year over 10 years, +11.3% a year since March 3, 2005 (total return, distributions reinvested).
How much would $10,000 invested in XMMO be worth?
$10,000 invested in XMMO at its first recorded close on March 3, 2005 would be worth about $101,396 on October 23, 2026 with distributions reinvested.
What was the worst year for XMMO?
The worst calendar year was 2008, with a total return of −44.1%. The best was 2024 at +38.0%.
What is the biggest drawdown of XMMO?
The largest peak-to-trough decline was −55.4% between December 10, 2007 and November 20, 2008. It recovered to the old high on January 22, 2013, 4.2 years after the bottom.
How volatile is XMMO?
Over the past 3 years XMMO had an annualized volatility of 19.8% and a Sharpe ratio of 0.93 (excess return over 1–3 month T-bills per unit of risk).