---
title: "Looking beyond Nvidia? This mid-cap ETF could benefit from AI’s next growth phase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293396109.md"
description: "The Invesco S&P MidCap Momentum ETF (XMMO) offers exposure to mid-cap 'picks-and-shovels' companies benefiting from AI infrastructure growth, outperforming mega-caps like Nvidia. With a momentum-based strategy, XMMO holds ~80 stocks in industrials and tech, including Sterling Infrastructure and MKS Inc., which have surged over 100%. The fund adapts to shifting market leadership, providing cost-effective access to the next phase of AI capital spending beyond chip designers."
datetime: "2026-07-21T23:43:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293396109.md)
  - [en](https://longbridge.com/en/news/293396109.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293396109.md)
---

# Looking beyond Nvidia? This mid-cap ETF could benefit from AI’s next growth phase

Quick ReadXMMO targets mid-cap AI infrastructure suppliers, gaining 12% YTD while top holdings STRL and MKSI surged 162% and 215% respectively.Industrials make up 40% of XMMO's portfolio, giving the fund broader exposure beyond AI as its momentum strategy adapts to shifting market leadership.Are you ahead, or behind on retirement? SmartAsset's free...

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