FLQM vs XMMO: Differences, Returns & Fees

FLQM and XMMO hold 6% of their weight in the same names, and FLQM returned +10.3% over the year. Net assets on Oct 20, 2026: $1.5bn for Franklin U.S. Mid Cap Multifactor Index ETF and $6.8bn for Invesco S&P MidCap Momentum ETF.

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Answers cite the figures on this page.

FLQM costs 0.04 points a year less; their one-year returns differ by 5.7 points; XMMO is 4.7 times larger.

FLQM vs XMMO: Differences, Returns & Fees
FLQMXMMO
Expense ratio0.30%0.34%
Net assets$1.5bn$6.8bn
Total return, 1 year+10.3%+4.6%
What it tracksnot read by ETFIQS&P MidCap 400 Momentum Index
Holdings in common6%
Top ten holdings, share of the fund11.3%29.4%
Below its high19.0%, high on Jun 22, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 19, 2026.

+10.3%
FLQM total return, 1 year
+4.6%
XMMO total return, 1 year
0.30%
FLQM expense ratio
0.34%
XMMO expense ratio

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What they hold in common

By the books each fund has filed, FLQM and XMMO hold 6% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

half

6% in common

Positions both hold, largest shared weight first
Holding FLQM XMMO
UNITED THERAPEUTICS CORP 0.88% 2.36%
DT MIDSTREAM INC 0.52% 1.23%
OVINTIV INC 0.52% 1.67%
OMEGA HEALTHCARE INVESTORS INC 0.51% 1.38%
LAMAR ADVERTISING COMPANY 0.48% 1.20%
COCA-COLA CONSOLIDATED INC 0.45% 1.24%
MURPHY USA INC 0.39% 0.86%
PERMIAN RESOURCES CORP 0.39% 1.92%
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 0.36% 0.94%
AFFILIATED MANAGERS GROUP INC 0.35% 1.19%
EASTGROUP PROPERTIES INC 0.32% 1.00%
MACY'S INC 0.28% 0.73%
Only in FLQM
TERADYNE INC 1.20%
UNITED AIRLINES HOLDINGS INC 1.17%
CINCINNATI FINANCIAL CORP 1.16%
ALLSTATE CORP (THE) 1.13%
WILLIAMS SONOMA INC 1.13%
DELTA AIR LINES INC 1.12%
EXPEDIA GROUP INC 1.11%
KENVUE INC 1.09%
Only in XMMO
TechnipFMC PLC 4.31%
ATI Inc 4.17%
Roivant Sciences Ltd 3.57%
HF Sinclair Corp 3.02%
nVent Electric PLC 2.56%
TD SYNNEX Corp 2.55%
MKS Inc 2.52%
Jazz Pharmaceuticals PLC 2.17%

Check overlap with more funds →

On the same fields

FLQM
Franklin U.S. Mid Cap Multifactor Index ETF
XMMO
Invesco S&P MidCap Momentum ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +10.3% +4.6%
Expense ratio 0.30% 0.34%
Already in the S&P 500 68.2% 0.0%
Holdings 205 79
Net assets $1.5bn $6.8bn

FLQM and XMMO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FLQM

FLQM tracks an index. Over the year to Oct 20, 2026 it returned +10.3% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 68% of the fund by weight is stocks the S&P 500 also holds, across 205 positions, with the top ten at 11.3%.

About XMMO

XMMO tracks an index. Over the year to Oct 20, 2026 it returned +4.6% with distributions reinvested. The prospectus expense ratio is 0.34% a year. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 29.4%. It sat 19.0% below its high of Jun 22, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FLQM or XMMO?
In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and XMMO +4.6%.
Which is cheaper, FLQM or XMMO?
FLQM is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FLQM and XMMO overlap with the S&P 500?
By their latest filed holdings, 68% of FLQM and 0% of XMMO by weight is stocks the S&P 500 already holds.
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ETFIQ, FLQM against XMMO, data as of Oct 20, 2026. https://etfiq.com/compare/any/flqm-vs-xmmo

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.