Invesco S&P MidCap Momentum ETF (XMMO)
| Assets | $4.80B | 
| Expense Ratio | 0.35% | 
| PE Ratio | 28.38 | 
| Shares Out | 34.95M | 
| Dividend (ttm) | $0.99 | 
| Dividend Yield | 0.73% | 
| Ex-Dividend Date | Sep 22, 2025 | 
| Payout Frequency | Quarterly | 
| Payout Ratio | 20.82% | 
| Volume | 242,704 | 
| Open | 135.97 | 
| Previous Close | 135.08 | 
| Day's Range | 134.99 - 136.78 | 
| 52-Week Low | 97.50 | 
| 52-Week High | 139.26 | 
| Beta | 1.11 | 
| Holdings | 82 | 
| Inception Date | Mar 3, 2005 | 
About XMMO
Fund Home PageThe Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is issued by Invesco.
Top 10 Holdings
32.43% of assets| Name | Symbol | Weight | 
|---|---|---|
| Comfort Systems USA, Inc. | FIX | 5.56% | 
| Curtiss-Wright Corporation | CW | 3.65% | 
| Ciena Corporation | CIEN | 3.32% | 
| Talen Energy Corporation | TLN | 3.31% | 
| Twilio Inc. | TWLO | 3.09% | 
| US Foods Holding Corp. | USFD | 2.93% | 
| Flex Ltd. | FLEX | 2.81% | 
| Woodward, Inc. | WWD | 2.73% | 
| BWX Technologies, Inc. | BWXT | 2.59% | 
| Guidewire Software, Inc. | GWRE | 2.42% | 
Dividends
| Ex-Dividend | Amount | Pay Date | 
|---|---|---|
| Sep 22, 2025 | $0.2308 | Sep 26, 2025 | 
| Jun 23, 2025 | $0.31321 | Jun 27, 2025 | 
| Mar 24, 2025 | $0.30064 | Mar 28, 2025 | 
| Dec 23, 2024 | $0.14644 | Dec 27, 2024 | 
| Sep 23, 2024 | $0.10874 | Sep 27, 2024 | 
| Jun 24, 2024 | $0.05407 | Jun 28, 2024 | 
Performance
XMMO had a total return of 11.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.86%.
News
 
 XMMO: A Momentum Play In Mid Caps, Above-Average Growth And Volatility
The Invesco S&P MidCap Momentum ETF (XMMO) offers a momentum-driven, growth-focused strategy with a strong tilt toward industrials and technology sectors. XMMO trades at a premium valuation, reflectin...
 
 XMMO: Mid-Cap Momentum Investing Is The Way To Get Alpha
Invesco S&P MidCap Momentum ETF offers a momentum-driven approach to mid-cap investing, outperforming the S&P 400 benchmark with only slightly higher risk. XMMO's momentum strategy delivers superior r...
 
 XMMO: Impressive Returns And Fundamentals For This Mid-Cap Momentum ETF
XMMO's strategy changed six years ago, and it has paid dividends for investors, delivering an impressive 132% return that trounced the S&P MidCap 400 Index. The strategy is straightforward in that it ...
 
 XMMO: Holding Out For More Data
I assign XMMO a Hold rating due to limited transparency and frequent methodology changes that hurt long-term performance analysis. XMMO's current momentum index underperforms its previous strategies, ...
 
 XMMO: A Huge Rally, The Valuation Now In Question Amid Technical Resistance
Momentum factor is currently leading US factor performance, but XMMO has underperformed, prompting a downgrade from buy to hold. XMMO's assets have grown, despite a negative return, reflecting net inf...
 
 XMMO: Using A Momentum Strategy For Midcaps To Outperform The Market
Mid-caps trade at lower multiples than large caps and have similar drawdowns, making them a compelling investment choice. Momentum strategies, as demonstrated by XMMO, outperform both mid-cap and larg...
 
 XMMO Is Poised To Outperform S&P 500 In 2025
Mid-caps are expected to generate strong returns in 2025 due to economic growth, rate cuts, and improved earnings, making them undervalued compared to large caps. Invesco S&P MidCap Momentum ETF is ra...
 
 Momentum Powers XMMO: Low Yield, High Costs, Big Returns
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 momentu...
 
 XMMO: A Great Growth Play Without Big-Cap Names
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 ...
 
 XMMO: Don't Forget About The Mid Caps
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-...
 
 XMMO: 'Mag 7' Performance Without The Concentrated Tech Exposure
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 por...
 
 XMMO: A Better Momentum ETF
Invesco S&P MidCap Momentum ETF had a strong performance, up over 21% in 2023 and 29% YTD. The S&P MidCap 400 index has consistently outperformed the S&P 500. Momentum stock selection works and is aug...
 
 XMMO: Momentum Is Strong But May Not Stick
OUSM is a passively managed ETF with a strategy focused on a factor quintet: small size, dividend yield, dividend quality, low volatility, and quality (balance sheet soundness and profitability).
 
 XMMO: MidCap Momentum ETF, Rides On The Back Of Super Micro Computer
XMMO is rated as a buy by Seeking Alpha Quant and has performed well during the stock market rally. XMMO's top holding is Super Micro Computer, which has contributed significantly to its performance. ...
 
 XMMO: This Mid-Cap Momentum ETF Is Surging, But Expect A Bumpy Ride Ahead
XMMO tracks the S&P MidCap 400 Momentum Index and has shown strong performance recently, powered by an 182% YTD gain in Super Micro Computer stock.
 
 XMMO: High-Turnover Portfolio Of Mid Caps
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 fa...
 
 XMMO: Momentum Strategy Working For Mid-Cap Stocks
Invesco S&P MidCap Momentum ETF invests based on the S&P MidCap 400 Momentum Index. Both the ETF and Index are reviewed. There is also a comparison between XMMO and the SPDR S&P MidCap 400 ETF, which ...
 
 XMMO: Not A Completely Spotless Mid-Cap Momentum ETF
XMMO offers exposure to a combination of the mid-size and momentum factors wrapped in a portfolio of 77 U.S. stocks selected from the S&P 400 index. Compared to MDY, it overweights energy, industrials...
 
 Reasons For Midstream Investors To Be Calm Amid Today's Stock Market Storm
Oil and gas midstream stocks are not E&Ps, though they're trading as if they were. Oil macro conditions will remain positive for midstream above $70 per barrel.
 
 Best And Worst Q3 2020: Mid Cap Growth ETFs And Mutual Funds
Best And Worst Q3 2020: Mid Cap Growth ETFs And Mutual Funds