XSVM
Invesco S&P SmallCap Value with Momentum ETF
Invesco S&P SmallCap Value with Momentum ETF tracks the S&P 600 High Momentum Value Index which holds 120 securities in the S&P SmallCap 600 that have the highest value scores and momentum scores.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
1.1 B
ASSETS UNDER MGMT
36 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 03, 2005 |
| Assets (mns) | $1,113 |
| Expense ratio | 36 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| STONEX GROUP INC | 2.0 % |
| EZCORP INC-CL A | 2.0 % |
| WORLD KINECT CORP | 1.9 % |
| SONIC AUTOMOTIVE INC-CLASS A | 1.6 % |
| LINCOLN NATIONAL CORP | 1.5 % |
| GROUP 1 AUTOMOTIVE INC | 1.5 % |
| FRESH DEL MONTE PRODUCE INC | 1.5 % |
| UNIVERSAL CORP/VA | 1.4 % |
| ASBURY AUTOMOTIVE GROUP | 1.4 % |
| SIRIUSPOINT LTD | 1.3 % |
Constituent Breakdown
| Number of holdings | 230 |
| Herfindahl-Hirschman Index | 95 |
| Wgt avg mkt cap (mns) | $2,153 |
| Large cap (>$10bn) | 0.0% |
| Mid cap ($2-10bn) | 44.7% |
| Small cap (<$2bn) | 55.3% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 91.9 % |
 |
BERMUDA | 3.3 % |
 |
PUERTO RICO | 0.7 % |
 |
BRITAIN | 0.6 % |
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.4% | -1.7% | 3.9% | 0.4% | 13.5% | 7.5% | -- | 6.6% |
| Dividend Yield | -6.4% | -9.4% | 2.6% | -1.2% | 8.7% | 1.1% | -- | 3.8% |
| Total Returns | -7.9% | -11.0% | 6.5% | -0.8% | 22.2% | 8.6% | -- | 10.4% | Ann. Volatility | 17.5% | 21.2% | 21.6% | 23.1% | 30.8% | 24.7% | -- | 25.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 63% |
| MSCI EAFE | 1.08 | 52% |
| MSCI Emg Mkts | 0.72 | 23% |
Liquidity Measures
| Avg. volume (000) | 84 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.20% |
| ADV of underlying (mns) | $1,984 |
Technical Indicators
| Recent close | $46.33 |
| 30d moving avg. | $48.96 |
| Annualized volatility | 25.8% |
| Relative strength (RSI) | 39 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 19.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XSVM |
Expenses vs. XSVM |
ALTAR Score™ vs. XSVM |
|---|---|---|---|---|
| PSCF | Invesco S&P SmallCap Financials ETF | 31.4% | -7 bp | -4.5% |
| SVAL | iShares US Small Cap Value Factor ETF | 30.5% | -16 bp | +0.8% |
| IJS | iShares S&P Small-Cap 600 Value ETF | 29.7% | -18 bp | -0.7% |
| RZV | Invesco S&P Smallcap 600 Pure Value ETF | 28.8% | -1 bp | +1.1% |
| VIOV | Vanguard S&P Small-Cap 600 Value ETF | 28.8% | -21 bp | -1.0% |
| SLYV | SPDR S&P 600 Small Cap Value ETF | 28.1% | -21 bp | -0.7% |
| RWJ | Invesco S&P SmallCap 600 Revenue ETF | 28.1% | +3 bp | -0.3% |
| FYT | First Trust Small Cap Value AlphaDEX Fund | 26.1% | +37 bp | -0.3% |
| ESIX | SPDR S&P SmallCap 600 ESG ETF | 23.0% | -24 bp | -4.9% |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | 21.5% | +11 bp | -0.5% |
Risk and Returns: XSVM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2024 | 2025E | Fwd Est | 2026E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/17/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
XSVM
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
XSVM
11.4%
Cat. Avg
6.2%
ALTAR Score™ Calculation
Category Overview
There are 960 funds in the US Equity category, with an average ALTAR Score™
of 6.2% and a standard deviation of
3.0%. XSVM's ALTAR Score™ is approximately
1.7 standard deviations
above
the category average. This places XSVM in the 96th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
XSVMSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| XSVM (36 bp) Percentile rank | 38 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| XSVM | 36.0 | 20.4 | 56.4 |
| Peer Avg. | 32.3 | 15.0 | 47.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .