PRFZ vs XMHQ: Differences, Returns & Fees
PRFZ and XMHQ hold 4% of their weight in the same names, and PRFZ returned +16.1% over the year. Net assets on Oct 20, 2026: $2.6bn for Invesco RAFI US 1500 Small-Mid ETF and $5.6bn for Invesco S&P MidCap Quality ETF.
XMHQ costs 0.11 points a year less; their one-year returns differ by 4.3 points; XMHQ is 2.1 times larger.
| PRFZ | XMHQ | |
|---|---|---|
| Expense ratio | 0.36% | 0.25% |
| Net assets | $2.6bn | $5.6bn |
| Total return, 1 year | +16.1% | +11.8% |
| What it tracks | RAFI Fundamental Select US 1500 Index | S&P MidCap 400 Quality Index |
| Holdings in common | 4% | |
| Top ten holdings, share of the fund | 4.0% | 30.4% |
| Below its high | 6.9%, high on Aug 14, 2026 | 3.0%, high on Aug 14, 2026 |
Holdings in common uses holdings dated Oct 19, 2026.
PRFZ and XMHQ are built for the same job. How do they differ in cost, holdings and results?
- What each follows. PRFZ follows RAFI Fundamental Select US 1500 Index and XMHQ follows S&P MidCap 400 Quality Index.
- Holdings in common. 4% of the weight is in the same securities (holdings dated Oct 19, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 PRFZ returned +16.1% and XMHQ +11.8% with distributions reinvested, a gap of 4.3 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, PRFZ and XMHQ hold 4% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.
half
4% in common
On the same fields
PRFZ and XMHQ on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About PRFZ
PRFZ tracks an index. The prospectus expense ratio is 0.36% a year. By its holdings published by its issuer for Oct 19, 2026, 2% of the fund by weight is stocks the S&P 500 also holds, across 1,491 positions, with the top ten at 4.0%. It sat 6.9% below its high of Aug 14, 2026 on Oct 20, 2026.
Over the year to Oct 20, 2026 it returned +16.1% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.
About XMHQ
XMHQ tracks an index. Over the year to Oct 20, 2026 it returned +11.8% with distributions reinvested. The prospectus expense ratio is 0.25% 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 82 positions, with the top ten at 30.4%. It sat 3.0% below its high of Aug 14, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, PRFZ or XMHQ?
- In the year to Oct 20, 2026, with distributions reinvested, PRFZ returned +16.1% and XMHQ +11.8%.
- Which is cheaper, PRFZ or XMHQ?
- XMHQ is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, PRFZ against XMHQ, data as of Oct 20, 2026. https://etfiq.com/compare/any/prfz-vs-xmhq
ETFIQ. (Oct 20, 2026). PRFZ against XMHQ. Retrieved from https://etfiq.com/compare/any/prfz-vs-xmhq
[PRFZ against XMHQ (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/prfz-vs-xmhq)
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