XMMO Fees and Costs — Invesco S&P MidCap Momentum ETF
Data updated: 2026-09-29
The net expense ratio is 0.34%: a 0.29% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.3M in broker commissions, 0.0266% of average net assets, and portfolio turnover was 129%.
XMMO Fees and Expenses
Annual operating expenses and sales charges of XMMO. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.34% |
| Fee waiver | — |
| Net expense ratio | 0.34% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
XMMO Costs Over Time
On $10,000 invested in XMMO, assuming 5% a year before costs, total costs come to $232 over 5 years, cutting the return by 0.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.34%) | $36 | $112 | $196 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $127 | $232 |
| Value after costs | $10,462 | $11,449 | $12,531 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
XMMO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0266%
- Total broker commissions: $1.3M
- Bought from dealers (principal trades, not a cost): $5.7B
- Portfolio turnover (prospectus): 129%
- Securities on loan, average value: $343.5M
- Net income from securities lending: $656K (0.013% of average net assets)
XMMO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $300K | 24.07% |
| RBC CAPITAL MARKETS, LLC | $267K | 21.42% |
| INVESCO CAPITAL MARKETS, INC. | $167K | 13.38% |
| VIRTU AMERICAS LLC | $113K | 9.04% |
| TD Securities (USA) LLC | $85K | 6.78% |
| BTIG, LLC | $83K | 6.67% |
| BARCLAYS CAPITAL INC. | $78K | 6.24% |
| CITIC SECURITIES INTERNATIONAL USA, LLC | $68K | 5.44% |
| ACADEMY SECURITIES, INC. | $52K | 4.20% |
| CITIGROUP GLOBAL MARKETS INC. | $34K | 2.75% |
XMMO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $2.6B | 45.59% |
| RBC CAPITAL MARKETS, LLC | $615.4M | 10.80% |
| CITADEL SECURITIES LLC | $567.2M | 9.95% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $561.3M | 9.85% |
| TD Securities (USA) LLC | $455.9M | 8.00% |
| JANE STREET CAPITAL, LLC | $293.6M | 5.15% |
| BNY MELLON CAPITAL MARKETS, LLC | $285.0M | 5.00% |
| VIRTU AMERICAS LLC | $182.2M | 3.20% |
| GOLDMAN, SACHS & CO. | $72.8M | 1.28% |
| BNP PARIBAS SECURITIES CORP. | $67.7M | 1.19% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.