VFMO vs XMHQ: Differences, Returns & Fees
VFMO and XMHQ hold 3% of their weight in the same names, and VFMO returned +13.2% over the year. Net assets: $1.9bn on Sep 30, 2026 for Vanguard U.S. Momentum Factor ETF, and $5.6bn on Oct 20, 2026 for Invesco S&P MidCap Quality ETF.
VFMO costs 0.12 points a year less; their one-year returns differ by 1.4 points.
| VFMO | XMHQ | |
|---|---|---|
| Expense ratio | 0.13% | 0.25% |
| Net assets, VFMO as of Sep 30, 2026 and XMHQ as of Oct 20, 2026 | $1.9bn | $5.6bn |
| Total return, 1 year | +13.2% | +11.8% |
| What it tracks | No index, actively managed | S&P MidCap 400 Quality Index |
| Holdings in common | 3% | |
| Top ten holdings, share of the fund | 9.5% | 30.4% |
| Below its high | 11.5%, high on Jun 30, 2026 | 3.0%, high on Aug 14, 2026 |
Holdings in common uses holdings dated May 31, 2026 and Oct 19, 2026.
What they hold in common
By the books each fund has filed, VFMO and XMHQ hold 3% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 19, 2026.
half
3% in common
On the same fields
VFMO and XMHQ on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About VFMO
VFMO is actively managed and tracks no index. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 704 positions, with the top ten at 9.5%. It sat 11.5% below its high of Jun 30, 2026 on Oct 20, 2026.
Over the year to Oct 20, 2026 it returned +13.2% 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, VFMO or XMHQ?
- In the year to Oct 20, 2026, with distributions reinvested, VFMO returned +13.2% and XMHQ +11.8%.
- Which is cheaper, VFMO or XMHQ?
- VFMO is cheaper, by 0.12 percentage points a year. That is about $12 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, VFMO against XMHQ, data as of Oct 20, 2026. https://etfiq.com/compare/any/vfmo-vs-xmhq
ETFIQ. (Oct 20, 2026). VFMO against XMHQ. Retrieved from https://etfiq.com/compare/any/vfmo-vs-xmhq
[VFMO against XMHQ (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/vfmo-vs-xmhq)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.