EEMOInvesco S&P Emerging Markets Momentum ETF
EEMO Fund Description
The Invesco S&P Emerging Market Momentum ETF tracks an index of large- and midcap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market cap.
EEMO Factset Analytics Insight
EEMO offers a momentum play on large- and midcap emerging market stocks. To determine a momentum score, the fund uses 12-month returns, ignoring the most recent month. It also makes an adjustment for volatility, favoring stocks with lower vol per unit of return. Only stocks in the highest quintile of momentum scores are selected. Stocks are weighted by the product of momentum score and market cap. The “plus” in the name of EEMO’s underlying index indicates South Korea is eligible for inclusion here (and not in sister fund IDMO).
We see potential for significant deviation from cap-weighted exposure and performance given the fund’s methodology and the absence of sector and country constraints. Returns can only be aided by a relatively low fee.
Note: EEMO started tracking its momentum index on March 21, 2016. Prior to that it tracked a high beta index of EM stocks under a different name (PowerShares S&P Emerging Markets High Beta) and ticker (EEHB).
EEMO MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the Invesco S&P Emerging Markets Momentum ETF MSCI ESG Fund Quality Score is 4.39 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. EEMO ranks in the 29th percentile within its peer group and in the 16th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
EEMO CHARTS AND PERFORMANCE
EEMO Top 10 Countries
EEMO Top 10 Sectors
EEMO Top 10 Holdings [View All]
EEMO Summary Data
EEMO Portfolio Data
EEMO Index Data
EEMO Portfolio Management
EEMO Tax Exposures
EEMO Fund Structure
EEMO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EEMO. EEMO is rated a 4 out of 5.
EEMO Sector/Industry Breakdown
EEMO TOP 10 HOLDINGS[View All]
EEMO Economic Development
EEMO Performance Statistics
EEMO MSCI ESG Ratings
EEMO BENCHMARK COMPARISON SUMMARY
EEMO BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.