XMVM: INVESCO S&P MIDCAP VALUE WITH MOMENTUM ETF
Understanding the Invesco S&P Midcap Value with Momentum ETF (XMVM)
The Invesco S&P Midcap Value with Momentum ETF (ticker: XMVM) is designed to invest in mid-sized companies that are considered "value" stocks with "momentum." This means the fund looks for companies that may be undervalued but are also showing a trend of increasing prices.
What the numbers show
The performance of XMVM can be looked at in two different ways: price return and total return.
• Price Return: This measures only the change in the share price. For example, the one-year price return was approximately 15.82%. The year-to-date (YTD) price return was approximately 11.69%. Over three years, the price return was approximately 60.93%.
• Total Return: This includes both the share price changes and the money paid out through distributions. The one-year total return was approximately 18.17%, and the YTD total return was approximately 13.46%. Over three years, the total return was approximately 70.35%.
Based on an estimated price from roughly one year ago of $61.87, the current price is $71.66.
Income and distribution explanation
This ETF provides cash to investors through distributions. The distribution yield is approximately 1.90%. This number describes the cash payments relative to the current ETF price.
The fund usually pays out on a quarterly basis, having made 4 payments over the last 12 months. It is important to remember that a distribution yield is not the same as total return. While distributions provide cash, they are only one part of an investor's overall experience.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Top Holdings
The following are the top holdings in the fund (note that this is a partial list):
• PBF Energy Inc Class A: 4.23%
• HF Sinclair Corp: 2.72%
• Macy's Inc: 2.34%
• Penske Automotive Group Inc: 2.08%
• Tenet Healthcare Corp: 2.06%
• Avnet Inc: 2.05%
• RenaissanceRe Holdings Ltd: 1.88%
• Arrow Electronics Inc: 1.85%
• Greif Inc Class A: 1.85%
• Autonation Inc: 1.69%
Holdings can change over time. This data was updated on October 7, 2026.
Pros
• The fund has shown positive price returns and total returns over the one-year and three-year periods.
• The erosion-risk measurements suggest no significant price deterioration has been detected.
Cons
• The distribution yield is relatively low compared to some high-income funds.
• As with all ETFs, the value of the shares can change based on market movements.
Beginner takeaway
XMVM focuses on mid-sized value and momentum stocks. When researching this ETF, it is helpful to distinguish between the share price movement (price return) and the total amount earned including cash payments (total return). Currently, the fund shows positive growth in both areas.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | PBF ENERGY INC CLASS A | PBF | 4.23% |
| 2 | HF SINCLAIR CORP | DINO | 2.72% |
| 3 | MACY'S INC | M | 2.34% |
| 4 | PENSKE AUTOMOTIVE GROUP INC | PAG | 2.08% |
| 5 | TENET HEALTHCARE CORP | THC | 2.06% |
| 6 | AVNET INC | AVT | 2.05% |
| 7 | RENAISSANCERE HOLDINGS LTD | RNR | 1.88% |
| 8 | ARROW ELECTRONICS INC | ARW | 1.85% |
| 9 | GREIF INC CLASS A | GEF | 1.85% |
| 10 | AUTONATION INC | AN | 1.69% |