XMLVvsVBRETF Comparison

ETF 1

XMLV

Invesco S&P MidCap Low Volatility ETF

This fund is part of

US Low Volatility

-0.42%

Full XMLV fund page

ETF 2

VBR

Vanguard Morningstar Small-Cap Value ETF

This fund is part of

US Small Cap Value

-0.58%

Full VBR fund page

Invesco S&P MidCap Low Volatility ETF (XMLV) belongs to the US Low Volatility segment. Vanguard Morningstar Small-Cap Value ETF (VBR) is part of the US Small Cap Value segment. XMLV's top 3 sector exposures are Finance, Utilities and Non-Energy Materials. In contrast, VBR's top sector exposures are Finance, Industrials and Non-Energy Materials. XMLV is more expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.05% for VBR. XMLV is up 6.87% year-to-date (YTD) with -$71M in YTD flows. VBR performs better with 13.43% YTD performance, and +$892M in YTD flows. Run a side-by-side ETF comparison of XMLV and VBR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

XMLV vs VBR performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

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

Data Services

Historic performance and flows

Data as of 09/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	XMLV VBR	-3.80%-3.83%	+1.93%+0.18%	+6.87%+13.43%	+6.35%+14.53%	+38.96%+54.36%	+39.43%+58.29%
Flows	XMLV VBR	+$35K+$768M	-$8M-$867M	-$71M+$892M	-$111M+$189M	-$366M+$832M	-$834M+$2.35B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	XMLV VBR	+10.40%+10.89%	+10.27%+14.26%	+12.74%+17.70%	+14.39%+19.41%
Max drawdown	XMLV VBR	-6.15%-5.51%	-6.93%-8.87%	-13.97%-24.09%	-16.57%-24.09%
Max drawdown duration	XMLV VBR	52d33d	114d53d	269d374d	818d374d

Trading data

Create an account to view trading data

Join for free

	XMLV	VBR
Last sale 9/18/2026 at 1:30 PM	$65.51	$237.74
Previous close 09/17/2026	$65.90	$239.58
Consolidated volume 09/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	XMLV	VBR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/18/2026 at 1:30 PM

Live

Closed

	XMLV	VBR
Last price	$65.51	$237.74
1D performance	-0.59%	-0.77%
AuM	$717.38 M	$36.98 B
E/R	0.25%	0.05%

Characteristics

	XMLV	VBR
Management strategy	Passive	Passive
Provider	Invesco	Vanguard
Benchmark	S&P MidCap 400 Low Volatility Index	CRSP U.S. Small Cap Value Index
N° of holdings	80	826
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 15, 2013	January 26, 2004
ESG	No	No

More XMLV data on Trackinsight

More VBR data on Trackinsight

Exposure

Countries

XMLV

USA

96.59%

Other

3.41%

VBR

USA

95.28%

Other

4.72%

Sectors

XMLV

Finance

60.48%

Utilities

16.04%

Other

23.49%

VBR

Finance

29.57%

Industrials

12.58%

Non-Energy Materi.

10.13%

Consumer Cyclical.

9.17%

Healthcare

8.4%

Technology

8.23%

Other

21.91%

Diversification

XMLV

Total weight of top 15 holdings out of 15

23.83%

VBR

Total weight of top 15 holdings out of 15

7.77%

Top 15 holdings

Data as of July 31, 2026

XMLV

TXNM Energy, Inc.

2.77%

COPT Defense Properties

1.63%

NNN REIT, Inc.

1.63%

Agree Realty Corp.

1.60%

OGE Energy Corp.

1.57%

New Jersey Resources Corp.

1.57%

RLI Corp.

1.53%

The Hanover Insurance Group, Inc.

1.51%

W.P. Carey, Inc.

1.50%

Equity LifeStyle Properties, Inc.

1.49%

IDACORP, Inc.

1.48%

Ingredion, Inc.

1.41%

Portland General Electric Co.

1.39%

Omega Healthcare Investors, Inc.

1.38%

EastGroup Properties, Inc.

1.37%

VBR

Jabil, Inc.

0.71%

Tapestry, Inc.

0.65%

Atmos Energy Corp.

0.61%

NRG Energy, Inc.

0.60%

Williams-Sonoma, Inc.

0.57%

Smurfit WestRock Plc

0.51%

F5, Inc.

0.48%

Expand Energy Corp.

0.48%

Omnicom Group, Inc.

0.48%

US Foods Holding Corp.

0.47%

Tenet Healthcare Corp.

0.47%

Reliance, Inc.

0.44%

J.B. Hunt Transport Services, Inc.

0.44%

Viatris, Inc.

0.43%

Moderna, Inc.

0.42%

Frequently asked questions about XMLV and VBR

How have the XMLV and VBR ETFs performed in 2026?

As of September 18, 2026, XMLV is up 6.87% year-to-date (YTD), while VBR has returned 13.43%. That puts VBR better performer ahead so far this year.

Which ETF is attracting more investor money: XMLV or VBR?

Year-to-date, the XMLV ETF saw -$71M in flows, compared to +$892M for VBR.

Which ETF is more volatile: XMLV or VBR?

Over the past year, XMLV had a volatility of 10.27%, while VBR experienced 14.26%.

Which ETF is bigger: XMLV or VBR?

As of September 18, 2026, XMLV holds $717.38 M in assets under management (AUM), while VBR manages $36.98 B.

What sectors do the XMLV and VBR ETFs invest in?

XMLV leans toward sectors like Finance and Utilities. Meanwhile, VBR focuses on Finance, Industrials and Non-Energy Materials.

What are the top holdings of the XMLV ETF and VBR ETF?

XMLV top holdings include TXNM Energy, Inc., COPT Defense Properties and NNN REIT, Inc.. VBR holds in its top three: Jabil, Inc., Tapestry, Inc. and Atmos Energy Corp..

XMLVvsVBRETF Comparison

Invesco S&P MidCap Low Volatility ETF

Vanguard Morningstar Small-Cap Value ETF

XMLV vs VBR performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the XMLV and VBR ETFs performed in 2026?

As of September 18, 2026, XMLV is up 6.87% year-to-date (YTD), while VBR has returned 13.43%. That puts VBR better performer ahead so far this year.

Which ETF is attracting more investor money: XMLV or VBR?

Year-to-date, the XMLV ETF saw -$71M in flows, compared to +$892M for VBR.

Which ETF is more volatile: XMLV or VBR?

Over the past year, XMLV had a volatility of 10.27%, while VBR experienced 14.26%.

Which ETF is bigger: XMLV or VBR?

As of September 18, 2026, XMLV holds $717.38 M in assets under management (AUM), while VBR manages $36.98 B.

What sectors do the XMLV and VBR ETFs invest in?

XMLV leans toward sectors like Finance and Utilities. Meanwhile, VBR focuses on Finance, Industrials and Non-Energy Materials.

What are the top holdings of the XMLV ETF and VBR ETF?

XMLV top holdings include TXNM Energy, Inc., COPT Defense Properties and NNN REIT, Inc.. VBR holds in its top three: Jabil, Inc., Tapestry, Inc. and Atmos Energy Corp..

Which ETF is more diversified: XMLV or VBR?

XMLV holds 80 securities with 23.83% of its assets in the top 15. VBR has 836 securities and a top 15 weight of 7.77%.

Value ETFs Shine Amid Lower-Than-Expected Inflation

Small-Cap Funds Outperform Their Large-Cap Peers

The Low Volatility Anomaly

Investing in U.S. Small Cap Value ETFs

Have you tried our ETF Compare tool?