Invesco S&P MidCap Value with Momentum ETF (XMVM) Performance
XMVM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.9% since Dec 31, 2025
- 1 year
- +24.8% total return
- 5 years
- +11.1% a year
- 10 years
- +12.0% a year
- Since first price
- +9.5% a year since 2005
XMVM trailing returns vs SPY, QQQ, AGG
| Period | XMVM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.4% | +2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.2% | −0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.1% | +6.1% | +7.8% | +8.4% | −1.5% |
| YTD | +15.9% | +14.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +24.8% | +22.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.0%+21.4%/yr | +69.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +69.0%+11.1%/yr | +53.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +211.5%+12.0%/yr | +155.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +557.9%+13.4%/yr | +389.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +488.3%+9.3%/yr | +305.9% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMar 3, 2005 | +617.3%+9.5%/yr | +384.1% | — | — | — |
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: XMVM vs SPY
From Mar 3, 2005: XMVM grew to $71,732, SPY to $93,144.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XMVM returns by calendar year
15 of 20 full years positive. Best 2013 (+41.1%), worst 2008 (−37.1%). 2026 is year to date.
XMVM annual returns table
| Year | XMVM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.9% | −9.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.5% | −19.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.7% | −11.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +16.3% | −17.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −8.2% | −22.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +35.2% | −13.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +5.7% | −45.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +30.4% | −11.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.6% | −16.9% | −4.6% | −0.1% | +0.1% |
| 2017 | +2.8% | −7.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +28.7% | −9.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −8.0% | −14.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.4% | −11.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +41.1% | −6.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +18.1% | −13.4% | +16.0% | +18.1% | +3.8% |
| 2011 | −1.2% | −25.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +14.7% | −15.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +25.7% | −34.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −37.1% | −52.9% | −36.8% | −41.7% | +7.9% |
| 2007 | +0.1% | −15.7% | +5.1% | +19.0% | +6.6% |
| 2006 | +14.3% | −7.2% | +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.
XMVM largest drawdowns
Now 3.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 13, 2007 | −62.8% | Mar 9, 2009 | Feb 1, 2013 | 1.7 years | 5.6 years |
| Jan 16, 2020 | −45.1% | Mar 23, 2020 | Nov 24, 2020 | 2 months | 10 months |
| Nov 25, 2024 | −24.1% | Apr 8, 2025 | Aug 27, 2025 | 4 months | 9 months |
| Jan 14, 2022 | −22.7% | Sep 26, 2022 | Dec 14, 2023 | 8 months | 1.9 years |
| Mar 23, 2015 | −19.6% | Jan 20, 2016 | Jun 6, 2016 | 10 months | 1.2 years |
| Aug 20, 2018 | −16.9% | Dec 24, 2018 | Apr 1, 2019 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XMVM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +17.2% | +11.4% | +11.4% | +9.4% |
| Volatility (annualized) | 17.3% | 20.3% | 20.5% | 19.0% |
| Sharpe ratio | 0.76 | 0.46 | 0.52 | — |
| Sortino ratio | 1.30 | 0.74 | 0.80 | — |
| Best month | +10.6% | +14.1% | +16.0% | +16.0% |
| Worst month | −9.6% | −12.8% | −24.0% | −25.6% |
| Best 12 months | +38.8% | +38.8% | +99.7% | +99.7% |
| Worst 12 months | −1.0% | −11.8% | −26.4% | −46.9% |
| Positive months | 58% | 53% | 62% | 64% |
| Beta vs S&P 500 | 0.87 | 0.98 | 1.07 | — |
| Correlation with S&P 500 | 0.62 | 0.75 | 0.81 | — |
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.
XMVM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 248 | −46.9% | +11.7% | +99.7% | 76% |
| 3-year (a year) | 224 | −18.7% | +10.4% | +27.0% | 83% |
| 5-year (a year) | 200 | −4.2% | +10.7% | +25.8% | 90% |
| 10-year (a year) | 140 | +5.1% | +9.9% | +15.8% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
XMVM performance overview
Invesco S&P MidCap Value with Momentum ETF (XMVM) returned +24.8% over the past year and +12.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +9.5% a year, turning $10,000 into about $71,732. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −62.8%, from Jul 13, 2007 to Mar 9, 2009, and it took 3.9 years to get back to the old high. XMVM finished 15 of its 20 full calendar years with a gain; the best year was 2013 (+41.1%) and the worst 2008 (−37.1%). Volatility has been 19.0% a year.
Related: XMVM chart, XMVM holdings, XMVM dividends, XMVM valuation. See the XMVM overview for the latest quote and fund facts.
XMVM performance FAQ
What is the XMVM return over the past year?
XMVM returned +24.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 22.3%.
What is the average annual return of XMVM?
XMVM has returned +11.1% a year over 5 years, +12.0% a year over 10 years, +9.5% a year since March 3, 2005 (total return, distributions reinvested).
How much would $10,000 invested in XMVM be worth?
$10,000 invested in XMVM at its first recorded close on March 3, 2005 would be worth about $71,732 on October 23, 2026 with distributions reinvested.
What was the worst year for XMVM?
The worst calendar year was 2008, with a total return of −37.1%. The best was 2013 at +41.1%.
What is the biggest drawdown of XMVM?
The largest peak-to-trough decline was −62.8% between July 13, 2007 and March 9, 2009. It recovered to the old high on February 1, 2013, 3.9 years after the bottom.
How volatile is XMVM?
Over the past 3 years XMVM had an annualized volatility of 17.3% and a Sharpe ratio of 0.76 (excess return over 1–3 month T-bills per unit of risk).