Holding types
Countries
Sectors
Analyst ratings
Market Data
Dividend
XMMO, a mid-cap momentum ETF, tracks the S&P MidCap 400 Momentum Index, offering higher performance with similar volatility compared to MDY. Despite higher expenses and lower dividends, XMMO's momentum strategy delivers superior 10-year returns, outperforming peers like MDY and SPMO. XMMO's semi-annual adjustments based on momentum scores can be conservative, capturing market sentiment shifts, also pose concentration and market sentiment risks.
QQQ is a top-performing big-cap ETF, ideal for growth-focused portfolios, but diversification with mid-cap ETFs like XMMO can enhance growth potential. XMMO offers sector diversification, focusing on industries and financials, and captures high-growth opportunities in mid-cap companies before they peak. Allocating a portion of the growth portfolio to mid-cap ETFs like XMMO can efficiently identify and benefit from emerging growth companies.
XMMO has outperformed both the S&P MidCap 400 and S&P 500, up 37% in 2024, driven by strong momentum and modest valuation. The ETF focuses on mid-cap stocks with high momentum scores, rebalanced semi-annually, and has a significant 40% allocation to small-cap stocks. XMMO's portfolio is weighted towards growth, with low exposure to Information Technology and high exposure to Industrials and Financials, offering a compelling PEG ratio of 1.3.
The Invesco S&P MidCap Momentum ETF (XMMO) was launched on 03/03/2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.
The Invesco S&P MidCap Momentum ETF has outperformed the Nasdaq and Technology Select Sector ETFs in H1 2024. Its 1-year returns are similar to the "Mag 7." It does all this without a concentrated portfolio or heavy exposure to the technology sector. XMMO is a great way to diversify your portfolio without sacrificing returns.
If you're interested in broad exposure to the Mid Cap Growth segment of the US equity market, look no further than the Invesco S&P MidCap Momentum ETF (XMMO), a passively managed exchange traded fund launched on 03/03/2005.
The Invesco S&P MidCap Momentum ETF (XMMO) was launched on 03/03/2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.
Looking for broad exposure to the Mid Cap Growth segment of the US equity market? You should consider the Invesco S&P MidCap Momentum ETF (XMMO), a passively managed exchange traded fund launched on 03/03/2005.
XMMO is a high-turnover portfolio of racy mid-caps picked from the S&P 400. XMMO has nice liquidity and a fairly adequate 34 bps expense ratio, especially assuming its turnover. Investors seeking a factor-centered mid-cap fund as a substitution for IJH, MDY, etc. should shortlist this ETF as the results it has delivered since July 2019 are mostly solid.
Designed to provide broad exposure to the Mid Cap Growth segment of the US equity market, the Invesco S&P MidCap Momentum ETF (XMMO) is a passively managed exchange traded fund launched on 03/03/2005.
FAQ
- What is XMMO ETF?
- Does XMMO pay dividends?
- What stocks are in XMMO ETF?
- What is the current assets under management for XMMO?
- What is XMMO average volume?
- What is XMMO expense ratio?
- What is XMMO inception date?