Which returned more over the last year, SMMD or XMHQ?

In the year to Nov 4, 2026, with distributions reinvested, SMMD returned +22.4% and XMHQ +20.0%.

Which is cheaper, SMMD or XMHQ?

SMMD is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do SMMD and XMHQ overlap with the S&P 500?

By their latest filed holdings, 10% of SMMD and 0% of XMHQ by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

SMMD vs XMHQ: Differences, Returns & Fees

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Over the year to Nov 4, 2026, SMMD returned +22.4% to XMHQ's +20.0%; 7% of their weight is in the same names.

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Net assets on Nov 3, 2026: $4.2bn for iShares Russell 2500 ETF and $5.8bn for Invesco S&P MidCap Quality ETF.

SMMD on its own →XMHQ on its own →

At a glance

+22.4%

SMMD total return, 1 year

+20.0%

XMHQ total return, 1 year

0.15%

SMMD expense ratio

0.25%

XMHQ expense ratio

Pair scorecard

SMMD costs 0.10 points a year less; their one-year returns differ by 2.4 points; XMHQ is 1.4 times larger.

SMMD vs XMHQ: Differences, Returns & Fees
Measure	SMMD	XMHQ
Return
Measure	SMMD	XMHQ
Total return, 1 year	+22.4%	+20.0%
Drawdown
Measure	SMMD	XMHQ
Below its high	5.3%, high on Aug 14, 2026
Benchmark
Measure	SMMD	XMHQ
What it tracks	Russell 2500 Index	S&P MidCap 400 Quality Index
Cost and size
Measure	SMMD	XMHQ
Expense ratio	0.15%	0.25%
Net assets, as of Nov 3, 2026	$4.2bn	$5.8bn
Holdings
Measure	SMMD	XMHQ
Holdings in common	7%
Top ten holdings, share of the fund	43.4%	30.7%

Method

What they share

By the books each fund has filed, SMMD and XMHQ hold 7% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

7% in common

Positions both hold · largest shared weight first SMMD XMHQ

NVENT ELECTRIC PLC 0.29% 2.60%

EXELIXIS INC 0.25% 3.88%

SHARKNINJA 0.25% 1.75%

NEUROCRINE BIOSCIENCES 0.23% 1.91%

DOCUSIGN 0.22% 2.27%

LINCOLN ELECTRIC HOLDINGS 0.21% 2.10%

MEDPACE HOLDINGS 0.21% 3.80%

CARPENTER TECHNOLOGY 0.20% 1.62%

MANHATTAN ASSOCIATES 0.20% 3.92%

NEXTPOWER INC 0.20% 2.28%

RENAISSANCERE HOLDING 0.20% 2.04%

RANGE RESOURCES 0.18% 1.52%

Only in one fund ↓

Only in SMMD

ISHARES RUSSELL 2000 ETF 40.62%

ATI 0.34%

GUARDANT HEALTH 0.31%

PACKAGING CORP OF AMERICA 0.31%

RELIANCE STEEL & ALUMINUM 0.31%

US FOODS HOLDING 0.31%

VIATRIS 0.31%

NISOURCE 0.30%

Only in XMHQ

TechnipFMC PLC 4.06%

United Therapeutics Corp 3.10%

Carlisle Cos Inc 2.49%

Curtiss-Wright Corp 2.33%

InterDigital Inc 1.21%

Qualys Inc 1.09%

Autoliv Inc 1.02%

UL Solutions Inc 0.82%

Check overlap with more funds →

Side by side

SMMD iShares Russell 2500 ETF XMHQ Invesco S&P MidCap Quality ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +22.4% +20.0%

Its benchmark over the same days +14.8% (IWV) not measured

Gap to its benchmark +7.6 pts vs IWV not measured

Expense ratio 0.15% 0.25%

Already in the S&P 500 10.3% 0.0%

Holdings 516 82

Net assets, as of Nov 3, 2026 $4.2bn $5.8bn

SMMD and XMHQ on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Client brief:

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About each fund

SMMD

Over the year to Nov 4, 2026 it returned +22.4% with distributions reinvested, against +14.8% for its benchmark, the Russell 3000 Index.

SMMD tracks an index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Nov 3, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 516 positions, with the top ten at 43.4%. It sat 5.3% below its high of Aug 14, 2026 on Nov 4, 2026.

XMHQ

XMHQ tracks an index. Over the year to Nov 4, 2026 it returned +20.0% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 82 positions, with the top ten at 30.7%.

Questions people ask

Which returned more over the last year, SMMD or XMHQ?: In the year to Nov 4, 2026, with distributions reinvested, SMMD returned +22.4% and XMHQ +20.0%.
Which is cheaper, SMMD or XMHQ?: SMMD is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SMMD and XMHQ overlap with the S&P 500?: By their latest filed holdings, 10% of SMMD and 0% of XMHQ by weight is stocks the S&P 500 already holds.

Other comparisons

SMMD vs VFMO FLQM vs SMMD FTC vs SMMD FTGS vs SMMD VFMO vs XMHQ IMCB vs XMHQ VO vs XMHQ IJH vs XMHQ

Where to next

SMMD on its own →XMHQ on its own →Hold both: look the portfolio through →Rankings →SMMD dividend history →SMMD holdings →XMHQ dividend history →XMHQ holdings →Standards and sources →

Sources and dates

SMMD filings on SEC EDGAR ↗

SMMD prospectus with the expense ratio (SEC) ↗

iShares page for SMMD ↗

XMHQ filings on SEC EDGAR ↗

XMHQ prospectus with the expense ratio (SEC) ↗

Invesco page for XMHQ ↗

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, SMMD against XMHQ, data as of Nov 4, 2026. https://etfiq.com/compare/any/smmd-vs-xmhq

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