Invesco S&P MidCap Momentum ETF

Frequently Asked Questions About XMMO

What does XMMO invest in?

The Invesco S&P MidCap Momentum ETF (XMMO) is designed to track the S&P Midcap 400 Momentum Index. It commits at least 90% of its total assets to the component securities of this index. The underlying index itself consists of 80 stocks selected from the S&P Midcap 400 Index. These are chosen based on their superior "momentum scores," which quantify each security's upward price movement relative to other eligible companies within the S&P Midcap 400. Both the ETF and its benchmark index are rebalanced and reconstituted twice a year.

What is the expense ratio of XMMO?

Invesco S&P MidCap Momentum ETF (XMMO) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XMMO?

Invesco S&P MidCap Momentum ETF (XMMO) manages $6.54B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is XMMO actively managed or an index fund?

XMMO is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XMMO's is 0.34%) because there's no security selection cost.

When was XMMO launched?

Invesco S&P MidCap Momentum ETF (XMMO) launched in March 2005 and is managed by Invesco.

How has XMMO performed?

XMMO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.