Data as of Oct 28, 2026.
FYX vs XSMO: Differences, Returns & Fees
Over the year to Oct 28, 2026, FYX returned +26.2% to XSMO's +11.8%; 11% of their weight is in the same names.
askIQ about this page
askIQ about FYX and XSMO
Net assets on Oct 27, 2026: $1.4bn for First Trust Small Cap Core AlphaDEX Fund and $2.8bn for Invesco S&P SmallCap Momentum ETF.
Pair scorecard
XSMO costs 0.23 points a year less; their one-year returns differ by 14.4 points; XSMO is 2.0 times larger.
| Measure | FYX | XSMO |
|---|---|---|
| Return | ||
| Total return, 1 year | +26.2% | +11.8% |
| Drawdown | ||
| Below its high | 5.0%, high on Aug 4, 2026 | 12.5%, high on Jun 30, 2026 |
| Benchmark | ||
| What it tracks | Nasdaq AlphaDEX Small Cap Core Index | S&P SmallCap 600 Momentum Index |
| Cost and size | ||
| Expense ratio | 0.58% | 0.35% |
| Net assets, as of Oct 27, 2026 | $1.4bn | $2.8bn |
| Holdings | ||
| Holdings in common | 11% | |
| Top ten holdings, share of the fund | 3.9% | 23.3% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
May 18, 2007 to Oct 23, 2026 · 1,014 weekly returnsFYX returned more: +445.9% to +380.3%. XSMO swung slightly less: 23.4% to 24.6%. XSMO fell slightly less at its worst: −57.2% to −60.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FYX | XSMO | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +445.9% | +380.3% | FYX | Price change plus distributions, reinvested. |
| Annualized | +9.1% | +8.4% | FYX (slight) | Total return as a yearly rate. |
| Price return | +363.4% | +326.5% | FYX | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 24.6% | 23.4% | XSMO (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 17.0% | 16.4% | XSMO (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −60.9% | −57.2% | XSMO (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.41 | 0.40 | FYX (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.60 | 0.56 | FYX (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.15 | 0.15 | Tie | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,014 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FYX and XSMO hold 11% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
11% in common
Only in one fund ↓
Side by side
FYX and XSMO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FYX and XSMO are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FYX follows Nasdaq AlphaDEX Small Cap Core Index and XSMO follows S&P SmallCap 600 Momentum Index.
- Holdings in common. 11% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 FYX returned +26.2% and XSMO +11.8% with distributions reinvested, a gap of 14.4 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
Over the year to Oct 28, 2026 it returned +26.2% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.
FYX tracks an index. The prospectus expense ratio is 0.58% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 525 positions, with the top ten at 3.9%. It sat 5.0% below its high of Aug 4, 2026 on Oct 28, 2026.
XSMO
XSMO tracks an index. Over the year to Oct 28, 2026 it returned +11.8% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 116 positions, with the top ten at 23.3%. It sat 12.5% below its high of Jun 30, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FYX or XSMO?
- In the year to Oct 28, 2026, with distributions reinvested, FYX returned +26.2% and XSMO +11.8%.
- Which is cheaper, FYX or XSMO?
- XSMO is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, FYX against XSMO, data as of Oct 28, 2026. https://etfiq.com/compare/any/fyx-vs-xsmo
ETFIQ. (Oct 28, 2026). FYX against XSMO. Retrieved from https://etfiq.com/compare/any/fyx-vs-xsmo
[FYX against XSMO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fyx-vs-xsmo)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.