Invesco S&P SmallCap Momentum ETF (XSMO) is a momentum-factor ETF. As of October 28, 2026, ETF Copilot scores XSMO 3.5 out of 10 — highest on Return (6.4), lowest on Quality (1.7). It trades at 18.6 times earnings, against its own median of 17.3. Its ten largest holdings are 24% of the fund.
What stands out in XSMO's data
Small-cap stocks with recent price strength, rebalanced quarterly.
Expected to grow more slowly than most momentum peers — the fund's edge has to come from price direction alone.
A growth estimate of 13% trails the category median of 17%, and its 13.4x EBITDA multiple sits in line with the 13.6x peer norm.
A momentum tilt on small caps, built for portfolios that want the category's exposure.
Why did XSMO move this week? It rose 1.6% in the week to October 28, 2026 — Viasat and Liquidia drove it
XSMO rose 1.6% in the week to October 28, 2026. The holdings that moved it most were Viasat (+25.0%), Liquidia (+17.7%) and Helmerich & Payne (+9.3%); PAR Pacific (−12.9%) pushed the other way.
How is XSMO rated? ETF Copilot scores Invesco S&P SmallCap Momentum ETF (XSMO) 3.5 out of 10
As of October 28, 2026, ETF Copilot scores Invesco S&P SmallCap Momentum ETF (XSMO) 3.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.5 / 10
- Growth: 2.5 / 10
- Value: 3.2 / 10
- Risk: 3.0 / 10
- Quality: 1.7 / 10
- Return: 6.4 / 10
Is XSMO expensive right now? It trades at 18.6 times earnings, against its own median of 17.3
As of October 28, 2026, XSMO is more expensive than 57% of its own last 7 years.
Trailing 12 months, built from XSMO's holdings. How we calculate this →
What's inside XSMO? 18% Tech
What's inside XSMO: Size (Large 0%, Mid 42%, Small 58%); Geography (International 3%, US 97%); Tech 17.8%; AI 0.3%; Semiconductors 6.5%; Memory 1.9%.
What are XSMO's top holdings? The ten largest are 24% of the fund
Viasat, Victoria's Secret, Protagonist Therapeutics, Ligand Pharmaceuticals, Glaukos, Ryman Hospitality Properties, International Seaways, Matson, Maxlinear and Madison Square Garden are XSMO's largest holdings, in that order.
Less concentrated than 71% of Momentum ETFs.
Half of XSMO's weight sits in its 30 largest positions, and once those weights are taken into account it behaves like 75 equally weighted holdings.
What is XSMO's expense ratio? 0.35% a year
As of October 28, 2026, XSMO charges 0.35% a year, yields 0.62% and holds $2.8B in assets across 113 positions.
| Measure | XSMO |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 0.62% |
| Assets under management | $2.8B |
| Holdings | 113 |
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 SmallCap Momentum ETF (XSMO) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/xsmo
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