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SMOXvsQVMMETF Comparison

ETF 1
SMOX

Horizon Small/Mid Cap Core Equity ETF

This fund is part of
Options Strategies
-0.04%
VS
ETF 2
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

This fund is part of
US Multi-Factor
+0%

Horizon Small/Mid Cap Core Equity ETF (SMOX) belongs to the Options Strategies segment. Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is part of the US Multi-Factor segment. SMOX's top 3 sector exposures are Industrials, Financials and Consumer Discretionary. In contrast, QVMM's top sector exposures are Industrials, Financials and Information Technology. SMOX is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.15% for QVMM. SMOX is up 14.79% year-to-date (YTD) with -$445K in YTD flows. QVMM performs worse with 11.57% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of SMOX and QVMM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SMOX vs QVMM performance and flow charts

Performance

0246810%Mar 27Apr 6Apr 13Apr 20Apr 27

Cumulative Flows

-1.4 M-1.2 M-1 M-0.8 M-0.6 M-0.4 M-0.2 M0 MMar 27Apr 6Apr 13Apr 20Apr 27

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/27/2026
1M3MYTD1Y3Y5Y
Perf.
SMOX
QVMM
+10.79%+10.07%
+8.19%+5.70%
+14.79%+11.57%
n/a+31.71%
n/a+56.72%
n/an/a
Flows
SMOX
QVMM
--$1M
+$77K+$2M
-$445K+$2M
--$2M
-+$36M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
SMOX
QVMM
+17.36%+17.59%
n/a+15.56%
n/a+17.83%
n/an/a
Max drawdown
SMOX
QVMM
-7.75%-8.41%
n/a-8.41%
n/a-23.85%
n/an/a
Max drawdown duration
SMOX
QVMM
37d42d
n/a42d
n/a379d
n/an/a
Trading data

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SMOX
QVMM
Last sale
4/28/2026 at 2:45 PM
$28.89
$34.22
Previous close
04/27/2026
$28.89
$34.19
Consolidated volume
04/27/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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SMOX
is actively managed and doesn’t replicate an index

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SMOX
QVMM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/28/2026 at 2:45 PM
Live
Closed
SMOX
QVMM
Last price
$28.89
$34.22
1D performance
+0.00%
+0.11%
AuM$58.92 M$415.28 M
E/R0.75%0.15%
Characteristics
SMOX
QVMM
Management strategyActivePassive
ProviderHorizon InvestmentsInvesco
Benchmark-S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-factor Index
N° of holdings267343
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 3, 2025June 30, 2021
ESGNoNo
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Exposure

Countries

SMOX
USA
94.03%
Other
5.97%
QVMM
USA
93.18%
Other
6.82%

Sectors

SMOX
Industrials
20.9%
Financials
14.05%
Consumer Discreti.
10.85%
Information Techn.
10.29%
Health Care
8.7%
Energy
7.02%
Other
28.19%
QVMM
Industrials
22.82%
Financials
13.59%
Information Techn.
11.61%
Consumer Discreti.
10.31%
Health Care
8.88%
Other
32.79%
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Diversification

SMOX

Total weight of top 15 holdings out of 15

15.42%
QVMM

Total weight of top 15 holdings out of 15

10.93%

Top 15 holdings

Data as of March 31, 2026
SMOX
UTD THERAPEUT
1.39%
TECHNIPFMC PLC
1.38%
CASEYS GENERAL STORES
1.37%
CURTISS WRIGHT
1.21%
US19247G1076
1.11%
TENET HEALTHCARE
1.11%
WOODWARD
0.98%
ALCOA CORP
0.98%
US FOODS HOLDING CORP
0.92%
US71424F1057
0.91%
TD SYNNEX
0.84%
NEW YORK TIMES
0.82%
TOLL BROTHERS
0.81%
NVENT ELECTRIC PLC
0.81%
RBC BEARINGS
0.78%
QVMM
TECHNIPFMC PLC
0.97%
CASEYS GENERAL STORES
0.87%
CURTISS WRIGHT
0.81%
XPO LOGISTICS
0.79%
FLEX LTD
0.78%
US FOODS HOLDING CORP
0.70%
WOODWARD
0.69%
ROYAL GOLD
0.69%
UTD THERAPEUT
0.68%
FABRINET
0.68%
NVENT ELECTRIC PLC
0.66%
ILLUMINA
0.65%
ATI INC
0.65%
BURLINGTON STORES
0.65%
ENTEGRIS
0.64%
Frequently asked questions about SMOX and QVMM

How have the SMOX and QVMM ETFs performed in 2026?

As of April 27, 2026, SMOX is up 14.79% year-to-date (YTD), while QVMM has returned 11.57%. That puts SMOX better performer ahead so far this year.

Which ETF is attracting more investor money: SMOX or QVMM?

Year-to-date, the SMOX ETF saw -$445K in flows, compared to +$2M for QVMM.

Which ETF is bigger: SMOX or QVMM?

As of April 27, 2026, SMOX holds $58.92 M in assets under management (AUM), while QVMM manages $415.28 M.

What sectors do the SMOX and QVMM ETFs invest in?

SMOX leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, QVMM focuses on Industrials, Financials and Information Technology.

What are the top holdings of the SMOX ETF and QVMM ETF?

SMOX top holdings include UTD THERAPEUT, TECHNIPFMC PLC and CASEYS GENERAL STORES. QVMM holds in its top three: TECHNIPFMC PLC, CASEYS GENERAL STORES and CURTISS WRIGHT.

Which ETF is more diversified: SMOX or QVMM?

SMOX holds 280 securities with 15.42% of its assets in the top 15. QVMM has 360 securities and a top 15 weight of 10.93%.

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