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-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.
Should Invesco S&P MidCap Momentum ETF (XMMO) Be on Your Investing Radar?
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.
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 portfolio or heavy exposure to the technology sector. XMMO is a great way to diversify your portfolio without sacrificing returns.
Should Invesco S&P MidCap Momentum ETF (XMMO) Be on Your Investing Radar?
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.
Should Invesco S&P MidCap Momentum ETF (XMMO) Be on Your Investing Radar?
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.
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 augmented in the Mid-cap asset class, where companies are financially sound and have high growth capacity.
