Invesco S&P SmallCap Momentum ETF (XSMO) Performance
XSMO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.7% since Dec 31, 2025
- 1 year
- +7.9% total return
- 5 years
- +8.1% a year
- 10 years
- +13.0% a year
- Since first price
- +8.5% a year since 2005
XSMO trailing returns vs SPY, QQQ, AGG
| Period | XSMO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.3% | −4.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −10.7% | −10.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −7.8% | −8.1% | +7.8% | +8.4% | −1.5% |
| YTD | +9.7% | +9.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.9% | +7.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +76.0%+20.7%/yr | +72.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +47.5%+8.1%/yr | +41.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +239.8%+13.0%/yr | +215.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +468.2%+12.3%/yr | +408.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +402.6%+8.4%/yr | +346.1% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMar 3, 2005 | +484.5%+8.5%/yr | +418.8% | — | — | — |
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: XSMO vs SPY
From Mar 3, 2005: XSMO grew to $58,448, SPY to $93,144.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XSMO returns by calendar year
14 of 20 full years positive. Best 2013 (+33.3%), worst 2008 (−37.8%). 2026 is year to date.
XSMO annual returns table
| Year | XSMO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.7% | −16.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.8% | −21.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +17.4% | −10.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +21.6% | −13.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.5% | −25.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +19.2% | −15.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +22.0% | −39.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +28.6% | −9.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.4% | −29.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.0% | −6.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +6.4% | −19.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.4% | −18.3% | +1.2% | +9.4% | +0.5% |
| 2014 | +5.8% | −12.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +33.3% | −5.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +13.6% | −13.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −1.4% | −28.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +27.3% | −18.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +17.5% | −26.9% | +26.4% | +54.7% | +3.0% |
| 2008 | −37.8% | −49.3% | −36.8% | −41.7% | +7.9% |
| 2007 | −1.0% | −12.7% | +5.1% | +19.0% | +6.6% |
| 2006 | +5.2% | −21.0% | +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.
XSMO largest drawdowns
Now 15.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 19, 2007 | −58.1% | Mar 9, 2009 | Jan 24, 2013 | 1.6 years | 5.5 years |
| Feb 13, 2020 | −39.4% | Mar 23, 2020 | Sep 2, 2020 | 39 days | 7 months |
| Nov 9, 2021 | −29.6% | Sep 26, 2022 | Mar 21, 2024 | 11 months | 2.4 years |
| Sep 4, 2018 | −29.5% | Dec 24, 2018 | Jan 16, 2020 | 4 months | 1.4 years |
| Jun 23, 2015 | −29.3% | Feb 11, 2016 | Feb 15, 2017 | 8 months | 1.7 years |
| Nov 25, 2024 | −24.8% | Apr 8, 2025 | Sep 4, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XSMO risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +19.8% | +9.9% | +12.9% | +8.9% |
| Volatility (annualized) | 20.9% | 22.2% | 20.7% | 19.3% |
| Sharpe ratio | 0.76 | 0.37 | 0.58 | — |
| Sortino ratio | 1.46 | 0.62 | 0.92 | — |
| Best month | +14.1% | +14.3% | +14.3% | +14.3% |
| Worst month | −9.4% | −10.8% | −18.8% | −18.8% |
| Best 12 months | +45.4% | +45.4% | +79.0% | +79.0% |
| Worst 12 months | +1.6% | −17.8% | −19.3% | −40.7% |
| Positive months | 53% | 50% | 61% | 61% |
| Beta vs S&P 500 | 1.16 | 1.11 | 1.08 | — |
| Correlation with S&P 500 | 0.69 | 0.78 | 0.80 | — |
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.
XSMO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 248 | −40.7% | +10.1% | +79.0% | 71% |
| 3-year (a year) | 224 | −20.5% | +10.7% | +26.7% | 86% |
| 5-year (a year) | 200 | −5.3% | +10.7% | +22.7% | 87% |
| 10-year (a year) | 140 | +2.2% | +10.9% | +15.9% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
XSMO performance overview
Invesco S&P SmallCap Momentum ETF (XSMO) returned +7.9% over the past year and +13.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +8.5% a year, turning $10,000 into about $58,448. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −58.1%, from Jul 19, 2007 to Mar 9, 2009, and it took 3.9 years to get back to the old high. XSMO finished 14 of its 20 full calendar years with a gain; the best year was 2013 (+33.3%) and the worst 2008 (−37.8%). Volatility has been 19.3% a year.
Related: XSMO chart, XSMO holdings, XSMO dividends, XSMO valuation. See the XSMO overview for the latest quote and fund facts.
XSMO performance FAQ
What is the XSMO return over the past year?
XSMO returned +7.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.2%.
What is the average annual return of XSMO?
XSMO has returned +8.1% a year over 5 years, +13.0% a year over 10 years, +8.5% a year since March 3, 2005 (total return, distributions reinvested).
How much would $10,000 invested in XSMO be worth?
$10,000 invested in XSMO at its first recorded close on March 3, 2005 would be worth about $58,448 on October 23, 2026 with distributions reinvested.
What was the worst year for XSMO?
The worst calendar year was 2008, with a total return of −37.8%. The best was 2013 at +33.3%.
What is the biggest drawdown of XSMO?
The largest peak-to-trough decline was −58.1% between July 19, 2007 and March 9, 2009. It recovered to the old high on January 24, 2013, 3.9 years after the bottom.
How volatile is XSMO?
Over the past 3 years XSMO had an annualized volatility of 20.9% and a Sharpe ratio of 0.76 (excess return over 1–3 month T-bills per unit of risk).