IVOG vs XMMO: Differences, Returns & Fees

IVOG and XMMO hold 30% of their weight in the same names, and IVOG returned +15.0% over the year. Net assets: $1.7bn on Sep 30, 2026 for Vanguard S&P Mid-Cap 400 Growth ETF, and $6.8bn on Oct 20, 2026 for Invesco S&P MidCap Momentum ETF.

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Answers cite the figures on this page.

IVOG costs 0.24 points a year less; their one-year returns differ by 10.4 points.

IVOG vs XMMO: Differences, Returns & Fees
IVOGXMMO
Expense ratio0.10%0.34%
Net assets, IVOG as of Sep 30, 2026 and XMMO as of Oct 20, 2026$1.7bn$6.8bn
Total return, 1 year+15.0%+4.6%
What it tracksS&P MidCap 400 Growth IndexS&P MidCap 400 Momentum Index
Holdings in common30%
Top ten holdings, share of the fund14.7%29.4%
Below its high8.1%, high on Aug 14, 202619.0%, high on Jun 22, 2026

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

+15.0%
IVOG total return, 1 year
+4.6%
XMMO total return, 1 year
0.10%
IVOG expense ratio
0.34%
XMMO expense ratio

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Client brief · page 1 of 2Report BR-FF06918FD8

IVOG and XMMO are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IVOG follows S&P MidCap 400 Growth Index and XMMO follows S&P MidCap 400 Momentum Index.
  2. Holdings in common. 30% of the weight is in the same securities (holdings dated Sep 30, 2026 and Oct 19, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 IVOG returned +15.0% and XMMO +4.6% with distributions reinvested, a gap of 10.4 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

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

half

30% in common

Positions both hold, largest shared weight first
Holding IVOG XMMO
TechnipFMC PLC 1.49% 4.31%
nVent Electric PLC 1.45% 2.56%
ATI Inc 1.44% 4.17%
United Therapeutics Corp 1.30% 2.36%
Curtiss-Wright Corp 1.12% 1.45%
MACOM Technology Solutions Holdings Inc 1.10% 1.54%
RBC Bearings Inc 0.88% 1.38%
Carpenter Technology Corp 0.86% 2.14%
SiTime Corp 0.84% 1.24%
Sterling Infrastructure Inc 0.84% 1.03%
Jazz Pharmaceuticals PLC 0.84% 2.17%
DigitalOcean Holdings Inc 0.73% 1.76%
Only in IVOG
Twilio Inc 2.51%
Okta Inc 1.94%
XPO Inc 1.15%
Tenet Healthcare Corp 1.15%
Roku Inc 1.12%
Royal Gold Inc 1.11%
Woodward Inc 1.08%
Coeur Mining Inc 1.01%
Only in XMMO
HF Sinclair Corp 3.02%
TD SYNNEX Corp 2.55%
Reliance Inc 2.06%
Permian Resources Corp 1.92%
Ovintiv Inc 1.67%
WESCO International Inc 1.44%
PBF Energy Inc 1.38%
Arrow Electronics Inc 1.35%

Check overlap with more funds →

On the same fields

IVOG
Vanguard S&P Mid-Cap 400 Growth 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 +15.0% +4.6%
Its benchmark over the same days +14.9% (IJK) not measured
Gap to its benchmark +0.1 pts vs IJK not measured
Expense ratio 0.10% 0.34%
Already in the S&P 500 3.0% 0.0%
Holdings 249 79
Net assets, IVOG as of Sep 30, 2026 and XMMO as of Oct 20, 2026 $1.7bn $6.8bn

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

About IVOG

IVOG tracks an index. Over the year to Oct 20, 2026 it returned +15.0% with distributions reinvested, against +14.9% for its benchmark, the S&P MidCap 400 Growth Index. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer as of Sep 30, 2026, 3% of the fund by weight is stocks the S&P 500 also holds, across 249 positions, with the top ten at 14.7%. It sat 8.1% below its high of Aug 14, 2026 on Oct 20, 2026.

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, IVOG or XMMO?
In the year to Oct 20, 2026, with distributions reinvested, IVOG returned +15.0% and XMMO +4.6%.
Which is cheaper, IVOG or XMMO?
IVOG is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVOG and XMMO overlap with the S&P 500?
By their latest filed holdings, 3% of IVOG and 0% of XMMO by weight is stocks the S&P 500 already holds.
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ETFIQ, IVOG against XMMO, data as of Oct 20, 2026. https://etfiq.com/compare/any/ivog-vs-xmmo

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