Invesco S&P MidCap Momentum ETF (XMMO) is a momentum-factor ETF. As of October 28, 2026, ETF Copilot scores XMMO 5.2 out of 10 — highest on Return (7.0), lowest on Risk (3.0). It trades at 22.2 times earnings, against its own median of 22.2. Its ten largest holdings are 30% of the fund.
What stands out in XMMO's data
High mid-cap stocks, selected through a cap-weighted index.
Trades at lower EBITDA multiple than its own history — cheaper entry for the same earnings stream.
Its 13.0x EBITDA multiple sits below the 13.6x category median and well under its own 14.3x historical median. Holds 77 names.
A core active allocation focused on mid-cap momentum — sharp returns if momentum rebounds, but no cushion if it stalls.
Why did XMMO move this week? It fell 1.9% in the week to October 28, 2026 — Carpenter Technology and ATI drove it
XMMO fell 1.9% in the week to October 28, 2026. The holdings that moved it most were Carpenter Technology (−23.9%), ATI (−8.5%) and HF Sinclair (−10.8%); United Therapeutics (+4.1%) pushed the other way.
How is XMMO rated? ETF Copilot scores Invesco S&P MidCap Momentum ETF (XMMO) 5.2 out of 10
As of October 28, 2026, ETF Copilot scores Invesco S&P MidCap Momentum ETF (XMMO) 5.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.2 / 10
- Growth: 5.6 / 10
- Value: 6.3 / 10
- Risk: 3.0 / 10
- Quality: 3.1 / 10
- Return: 7.0 / 10
Is XMMO expensive right now? It trades at 22.2 times earnings, against its own median of 22.2
As of October 28, 2026, XMMO is cheaper than 51% of its own last 7 years.
Trailing 12 months, built from XMMO's holdings. How we calculate this →
What's inside XMMO? 22% Tech
What's inside XMMO: Size (Large 0%, Mid 98%, Small 2%); Geography (International 14%, US 87%); Tech 21.7%; Semiconductors 7.9%; Memory 2.3%.
What are XMMO's top holdings? The ten largest are 30% of the fund
Technipfmc, Roivant Sciences, ATI, HF Sinclair, Synnex, United Therapeutics, MKS, Nvent Electric, Jazz Pharmaceuticals and Reliance are XMMO's largest holdings, in that order.
Less concentrated than 65% of Momentum ETFs.
Half of XMMO's weight sits in its 23 largest positions, and once those weights are taken into account it behaves like 56 equally weighted holdings.
What is XMMO's expense ratio? 0.34% a year
As of October 28, 2026, XMMO charges 0.34% a year, yields 0.71% and holds $6.7B in assets across 77 positions.
| Measure | XMMO |
|---|---|
| Expense ratio | 0.34% |
| Dividend yield | 0.71% |
| Assets under management | $6.7B |
| Holdings | 77 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco S&P MidCap Momentum ETF (XMMO) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/xmmo
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