XMMO vs SPMD: Holdings Overlap
XMMOInvesco S&P MidCap Momentum ETF
Invesco · 76 holdings · $7.2B · as of 2026-04-30
SPMDState Street® SPDR® Portfolio S&P 400™ Mid Cap ETF
State Street (SPDR) · 399 holdings · $18.5B · as of 2026-08-06
Holdings snapshots are 98 days apart (XMMO: 2026-04-30, SPMD: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are XMMO and SPMD?
Invesco S&P MidCap Momentum ETF (XMMO, by Invesco) holds 76 positions; State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF (SPMD, by State Street (SPDR)) holds 399. They have 75 holdings in common, and by portfolio weight the two funds are 26.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 75XMMO holds 76 · SPMD holds 399
- Weight in Shared Holdings
- XMMO 97%·SPMD 27%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Sector Breakdown
| Sector | XMMO | SPMD |
|---|---|---|
| Industrials | 40.3% | 26.0% |
| Financials | 3.8% | 16.1% |
| Information Technology | 15.0% | 15.7% |
| Consumer Discretionary | 6.1% | 11.7% |
| Health Care | 6.3% | 10.3% |
| Other Sectors | 28.2% | 25.8% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| XMMO | +1.1% | +17.4% | +26.1% | +25.9% | +14.3% | +18.6% | 0.60% |
| SPMD | +3.1% | +18.5% | +26.0% | +14.6% | +9.1% | +11.3% | 1.19% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in XMMO vs SPMD →
Shared Holdings(75)
The top 10 shared positions account for 26% of the overlap, led by ATI, FTI and CRS.
 ATIATI Inc COM | 2.63% | 0.84% | 0.84% |
|---|---|---|---|
 FTITechnipFMC PLC USD1 | 3.60% | 0.76% | 0.76% |
 CRSCarpenter Technology Corporation COM | 1.74% | 0.76% | 0.76% |
 NVTNVent Electric PLC COM USD0.01 | 2.32% | 0.73% | 0.73% |
 CWCurtiss-Wright Corporation | 3.91% | 0.73% | 0.73% |
 FIVEFive Below Inc COM | 1.38% | 0.69% | 0.69% |
 AAAlcoa Corporation COM | 1.25% | 0.68% | 0.68% |
 DYDycom Industries, Inc. COM | 1.60% | 0.67% | 0.67% |
 NYTNew York Times Co. (The), Class A | 1.05% | 0.62% | 0.62% |
 WWDWoodward Inc. COM | 2.58% | 0.60% | 0.60% |
 MTSIMACOM Technology Solutions Holdings Inc. COM | 1.49% | 0.54% | 0.54% |
 MKSIMKS Inc. COM | 1.92% | 0.54% | 0.54% |
 FNFabrinet COM USD0.01 | 2.86% | 0.54% | 0.54% |
 WCCWesco International, Inc. COM | 1.46% | 0.50% | 0.50% |
 RBCRBC Bearings Incorporated | 1.77% | 0.49% | 0.49% |
 RGLDRoyal Gold, Inc. COM | 2.60% | 0.49% | 0.49% |
 RBARB Global Inc COM | 1.50% | 0.47% | 0.47% |
 NLYAnnaly Capital Management, Inc. COM NEW | 1.35% | 0.46% | 0.46% |
 STRLSterling Infrastructure Inc COM | 2.16% | 0.45% | 0.45% |
 WPCW. P. Carey Inc COM | 1.60% | 0.44% | 0.44% |
 MTZMastec, Inc. COM | 2.26% | 0.44% | 0.44% |
 APGAPI Group Corp COM STK | 2.03% | 0.44% | 0.44% |
 ROIVRoivant Sciences Ltd SHS | 1.92% | 0.44% | 0.44% |
 MLIMueller Industries Inc. COM | 2.12% | 0.42% | 0.42% |
 TLNTalen Energy Corporation COM | 1.16% | 0.42% | 0.42% |
Frequently Asked Questions
How much do XMMO and SPMD overlap?
XMMO and SPMD overlap by 26.7% of portfolio weight. They share 75 holdings (XMMO holds 76 positions and SPMD holds 399), based on each fund's latest SEC-reported holdings.
Is it redundant to own both XMMO and SPMD?
The two portfolios are 26.7% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of XMMO and SPMD?
The largest positions held by both funds are ATI, FTI, CRS, NVT and CW. Together the top 10 shared positions account for 26% of the total overlap.
What does XMMO own that SPMD doesn't?
1 positions (2.6% of XMMO) are unique to XMMO, led by FLEX. In the other direction, 324 positions (78.9% of SPMD) are unique to SPMD.