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XMMO - AI Analysis
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Invesco S&P MidCap Momentum ETF (XMMO)
Rating:71Outperform
Price Target:
$154.81
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Comfort Systems and Ciena, have delivered strong year-to-date performance, driving the fund’s returns.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Technology, and Consumer Cyclical, which helps reduce risk from sector-specific downturns.
Reasonable Expense Ratio
The fund’s expense ratio of 0.35% is competitive compared to many actively managed ETFs, keeping costs manageable for investors.
Negative Factors
High Geographic Concentration
With nearly 100% exposure to U.S. companies, the fund lacks diversification across international markets.
Underperforming Holding
Twilio, one of the top holdings, has shown flat performance year-to-date, which could weigh on overall returns.
Overweight in Industrials
The ETF has a heavy allocation to Industrials at over 30%, making it more vulnerable to sector-specific risks.
XMMO vs. SPDR S&P 500 ETF (SPY)
AUM4.79B
RegionNorth America
Expense Ratio0.35%
Beta1.10
IssuerInvesco
Inception DateMar 03, 2005
Dividend Yield0.72%
Asset ClassEquity
Index TrackedS&P MidCap 400 Momentum Index (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume236,354
30 Day Avg. Volume245,238
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
154.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering81
XMMO Summary
The Invesco S&P MidCap Momentum ETF (XMMO) is an investment fund that focuses on mid-sized U.S. companies with strong price momentum, meaning their stock prices have been steadily rising. It tracks the S&P MidCap 400 Momentum Index, which includes companies like Comfort Systems and Curtiss-Wright. This ETF is ideal for investors looking to diversify their portfolio with mid-cap stocks that offer a mix of growth potential and stability. However, since it prioritizes momentum, its performance can be sensitive to market fluctuations, especially if momentum trends reverse.
How much will it cost me?The Invesco S&P MidCap Momentum ETF (XMMO) has an expense ratio of 0.35%, meaning you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to focus on mid-cap stocks with strong momentum, which requires more research and management compared to passively managed funds. It’s a good choice if you’re looking for targeted exposure to mid-cap companies with growth potential.
What would affect this ETF?The Invesco S&P MidCap Momentum ETF (XMMO) could benefit from strong economic growth in the U.S., particularly if mid-cap companies in sectors like Industrials and Technology continue to perform well. However, rising interest rates or economic slowdowns could negatively impact mid-cap stocks, especially in cyclical sectors like Consumer Cyclical and Financials, which are sensitive to broader economic conditions. Regulatory changes or shifts in market sentiment toward momentum investing could also influence the ETF's performance.
XMMO Top 10 Holdings
The Invesco S&P MidCap Momentum ETF (XMMO) is leaning heavily into industrials and technology, which together make up nearly half of its portfolio. Comfort Systems and Ciena are among the fund's rising stars, with strong financial performance and bullish momentum driving gains. Meanwhile, Twilio and US Foods are lagging, with mixed signals and bearish trends holding back their contributions. The fund’s U.S.-centric focus and emphasis on mid-cap momentum stocks create a dynamic mix of steady performers and a few names struggling to keep pace, making it a concentrated bet on growth within the mid-cap space.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 5.32% | $256.38M | $34.63B | 150.82% | 80 Outperform | |
| Curtiss-Wright | 3.45% | $166.05M | $21.51B | 63.98% | 77 Outperform | |
| Talen Energy Corp | 3.35% | $161.25M | $18.63B | 118.40% | 58 Neutral | |
| Ciena | 3.17% | $152.77M | $25.26B | 184.82% | 70 Outperform | |
| Twilio | 3.14% | $151.16M | $17.27B | 62.19% | 68 Neutral | |
| US Foods Holding | 2.94% | $141.79M | $16.73B | 21.64% | 68 Neutral | |
| Flex | 2.73% | $131.27M | $24.13B | 83.43% | 77 Outperform | |
| Woodward | 2.69% | $129.76M | $15.94B | 61.61% | 74 Outperform | |
| Guidewire | 2.53% | $122.00M | $21.18B | 34.58% | 69 Neutral | |
| BWX Technologies | 2.45% | $118.11M | $18.58B | 64.86% | 71 Outperform |
XMMO Technical Analysis
Positive
―
Price Trends
134.04
Positive
131.31
Positive
125.49
Positive
Market Momentum
0.75
Negative
56.94
Neutral
82.04
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XMMO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 135.59, equal to the 50-day MA of 134.04, and equal to the 200-day MA of 125.49, indicating a bullish trend. The MACD of 0.75 indicates Negative momentum. The RSI at 56.94 is Neutral, neither overbought nor oversold. The STOCH value of 82.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XMMO.
XMMO Peer Comparison
Comparison Results
Performance Comparison
XMMO
Invesco S&P MidCap Momentum ETF
137.37
15.27
12.51%
XMHQ
Invesco S&P MidCap Quality ETF
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JHMM
John Hancock Multifactor Mid Cap ETF
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FMDE
Fidelity Enhanced Mid Cap ETF
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DON
WisdomTree U.S. MidCap Dividend Fund
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IVOO
Vanguard S&P Mid-Cap 400 ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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