VOO vs XMMO
Vanguard S&P 500 ETF vs Invesco S&P MidCap Momentum ETF
Which is better, VOO or XMMO?
Large Cap Blend against Mid Cap Growth.
VOO has a lower expense ratio. VOO led over 1Y and 5Y, XMMO over 3Y and the full window. XMMO is less concentrated, with 28.6% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | VOO | XMMO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $997.4B | $7.2B |
| Dividend Yield | 1.04% | 0.63% |
| Holdings | 509 | 77 |
| YTD Return | +12.50%Best | +8.71% |
| 1Y Return | +17.58%Best | +12.62% |
| 3Y Return (annualized) | +21.27% | +23.80%Best |
| 5Y Return (annualized) | +12.95%Best | +12.84% |
| Volatility (annualized) | 14.1%Best | 17.7% |
| Max Drawdown | -34.3%Best | -37.0% |
| $10,000 over 5 years | $18,384Best | $18,294 |
| Top 10 Weight | 36.4% | 28.6%Best |
| Fund Family | Vanguard (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | Sep 7, 2010 | Mar 3, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 11, 2026 (16 years).
VOO vs XMMO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
VOO vs XMMO Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Invesco S&P MidCap Momentum ETF (XMMO) is an ETF from Invesco (US). Over the past year VOO returned +17.58% while XMMO returned +12.62%. Year to date, VOO is up 12.50% versus a gain of 8.71% for XMMO.
Over three years, VOO compounded at +21.27% per year against +23.80% for XMMO; over five years the annualized figures are +12.95% and +12.84% respectively. Across the full 16-year window we track, XMMO has the edge at +14.84% annualized vs +13.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMMO has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.3% for VOO and -37.0% for XMMO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XMMO charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 0.63% for XMMO.
Holdings Overlap
We hold position weights for 505 holdings in VOO and 76 in XMMO, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in VOO and 76 in XMMO, against full books of 509 and 77.
What only one of them owns
Our book lists 71 positions for XMMO that do not appear in our book for VOO (89.2% of the fund), and 496 for VOO that do not appear in XMMO (99.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of VOO and XMMO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VOO or XMMO?
VOO has an expense ratio of 0.03% while XMMO charges 0.35%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, VOO or XMMO?
Over the past year VOO returned +17.58% vs +12.62% for XMMO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.41% vs +14.84% for XMMO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XMMO?
XMMO has been the more volatile fund at 17.7% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XMMO -37.0%.
Should I hold both VOO and XMMO?
VOO and XMMO have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, VOO or XMMO?
VOO yields 1.04% while XMMO yields 0.63%, so VOO currently pays the higher dividend yield.
Is XMMO better than VOO?
VOO has a lower expense ratio. VOO led over 1Y and 5Y, XMMO over 3Y and the full window. XMMO is less concentrated, with 28.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.