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XMHQvsSPMDETF Comparison

ETF 1
XMHQ

Invesco S&P MidCap Quality ETF

This fund is part of
US Multi-Factor
+0.07%
VS
ETF 2
SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

This fund is part of
US Mid Cap
-0.06%

Invesco S&P MidCap Quality ETF (XMHQ) belongs to the US Multi-Factor segment. State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is part of the US Mid Cap segment. XMHQ's top 3 sector exposures are Industrials, Health Care and Financials. In contrast, SPMD's top sector exposures are Industrials, Information Technology and Financials. XMHQ is more expensive with a Total Expense Ratio (TER) of 0.31%, versus 0.03% for SPMD. XMHQ is up 5.58% year-to-date (YTD) with -$109M in YTD flows. SPMD performs better with 10.55% YTD performance, and +$472M in YTD flows. Run a side-by-side ETF comparison of XMHQ and SPMD 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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XMHQ vs SPMD performance and flow charts

Performance

0.02.04.06.08.0%Apr 1Apr 9Apr 16Apr 23Apr 30

Cumulative Flows

0 M50 M100 M150 M200 MApr 1Apr 9Apr 16Apr 23Apr 30

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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 05/01/2026
1M3MYTD1Y3Y5Y
Perf.
XMHQ
SPMD
+3.49%+6.95%
+1.10%+5.32%
+5.58%+10.55%
+17.52%+28.88%
+55.52%+52.93%
+50.56%+43.22%
Flows
XMHQ
SPMD
-$31M+$183M
-$108M+$299M
-$109M+$472M
-$305M+$1.75B
+$3.62B+$6.66B
+$4.11B+$8.60B
Volatility and drawdown
3M1Y3Y5Y
Volatility
XMHQ
SPMD
+17.13%+18.23%
+15.84%+15.95%
+18.58%+17.97%
+20.75%+19.66%
Max drawdown
XMHQ
SPMD
-7.94%-8.82%
-8.74%-8.82%
-24.40%-23.98%
-25.16%-23.98%
Max drawdown duration
XMHQ
SPMD
45d53d
116d53d
415d379d
597d379d
Trading data

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XMHQ
SPMD
Last sale
5/1/2026 at 1:30 PM
$107.97
$63.83
Previous close
04/29/2026
$107.31
$63.81
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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XMHQ
SPMD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
XMHQ
SPMD
Last price
$107.97
$63.83
1D performance
+0.62%
+0.03%
AuM$5.22 B$17.04 B
E/R0.31%0.03%
Characteristics
XMHQ
SPMD
Management strategyPassivePassive
ProviderInvescoState Street Investment Management
BenchmarkS&P MidCap 400 Quality IndexS&P MidCap 400 Index
N° of holdings79381
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateDecember 1, 2006November 8, 2005
ESGNoNo
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Exposure

Countries

XMHQ
USA
91.04%
Other
8.96%
SPMD
USA
92.97%
Other
7.03%

Sectors

XMHQ
Industrials
20.68%
Health Care
20.27%
Financials
14.96%
Materials
10.45%
Consumer Discreti.
10.08%
Information Techn.
8.91%
Other
14.64%
SPMD
Industrials
21.7%
Information Techn.
13.18%
Financials
13.09%
Consumer Discreti.
10.66%
Health Care
8.91%
Other
32.47%
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Diversification

XMHQ

Total weight of top 15 holdings out of 15

41.31%
SPMD

Total weight of top 15 holdings out of 15

10.39%

Top 15 holdings

Data as of March 31, 2026
XMHQ
TECHNIPFMC PLC
4.98%
UTD THERAPEUT
3.88%
ILLUMINA
3.51%
MEDPACE HOLDINGS INC
2.92%
US65290E1010
2.72%
CARLISLE COMPANIES
2.68%
TWILIO
2.59%
ROYAL GOLD
2.58%
CARPENTER TECHNOLOGY
2.55%
BWX TECHNOLOGIES INC
2.34%
STERLING INFRASTRUCTURE INC
2.27%
EXELIXIS
2.12%
PENUMBRA
2.12%
US87422Q1094
2.07%
LINCOLN ELECTRIC HOLDINGS
1.99%
SPMD
TECHNIPFMC PLC
0.87%
CASEYS GENERAL STORES
0.84%
UTD THERAPEUT
0.80%
CURTISS WRIGHT
0.79%
FLEX LTD
0.75%
XPO LOGISTICS
0.71%
WOODWARD
0.67%
ROYAL GOLD
0.64%
US FOODS HOLDING CORP
0.64%
BURLINGTON STORES
0.63%
ATI INC
0.62%
MICHAEL STORES
0.62%
CARPENTER TECHNOLOGY
0.61%
NVENT ELECTRIC PLC
0.60%
TWILIO
0.60%
Frequently asked questions about XMHQ and SPMD

How have the XMHQ and SPMD ETFs performed in 2026?

As of May 1, 2026, XMHQ is up 5.58% year-to-date (YTD), while SPMD has returned 10.55%. That puts SPMD better performer ahead so far this year.

Which ETF is attracting more investor money: XMHQ or SPMD?

Year-to-date, the XMHQ ETF saw -$109M in flows, compared to +$472M for SPMD.

Which ETF is more volatile: XMHQ or SPMD?

Over the past year, XMHQ had a volatility of 15.84%, while SPMD experienced 15.95%.

Which ETF is bigger: XMHQ or SPMD?

As of May 1, 2026, XMHQ holds $5.22 B in assets under management (AUM), while SPMD manages $17.04 B.

What sectors do the XMHQ and SPMD ETFs invest in?

XMHQ leans toward sectors like Industrials, Health Care and Financials. Meanwhile, SPMD focuses on Industrials, Information Technology and Financials.

What are the top holdings of the XMHQ ETF and SPMD ETF?

XMHQ top holdings include TECHNIPFMC PLC, UTD THERAPEUT and ILLUMINA. SPMD holds in its top three: TECHNIPFMC PLC, CASEYS GENERAL STORES and UTD THERAPEUT.

Which ETF is more diversified: XMHQ or SPMD?

XMHQ holds 80 securities with 41.31% of its assets in the top 15. SPMD has 399 securities and a top 15 weight of 10.39%.

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