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FMCX vs XMHQ

FM Focus Equity ETF vs Invesco S&P MidCap Quality ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

XMHQ

Invesco S&P MidCap Quality ETF

Invesco

Annual cost

0.25%

Fund size

$5.2B

Key differences

  • XMHQ costs 0.46% less per year.
  • XMHQ is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; XMHQ uses index tracking.
  • Over the last 3 years, FMCX has delivered higher annualized returns.
  • XMHQ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXXMHQ
Annual cost (TER)0.71%0.25%
Fund size (AUM)$115M$5.2B
Since20222006
Dividend yield0.34%0.58%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+12.7%
CAGR 3Y+17.2%+16.1%
CAGR 5YN/A+8.6%
Sharpe 3Y0.950.70
Volatility 1Y12.96%15.56%
Max drawdown-17.70%-36.90%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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