IDMOInvesco S&P International Developed Momentum ETF
IDMO Fund Description
The Invesco S&P International Developed Momentum ETF tracks an index of large- and midcap stocks from developed markets excluding the US and Korea. Stocks are selected by price momentum and weighted by momentum, scaled by market cap.
IDMO Factset Analytics Insight
IDMO offers a momentum play on large- and midcap developed market stocks, ex-US and Korea. To determine a momentum score, the fund uses 12-month returns, skipping past 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.
IDMO has the potential for significant deviation from cap-weighted exposure and performance given its methodology and the absence of sector and country constraints. It charges a competitive fee.
Note: IDMO began tracking its momentum index on March 21, 2016. Prior to that it tracked a high-beta index of international stocks under a different name (PowerShares S&P International Developed High Beta) and ticker (IDHB).
IDMO 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 International Developed Momentum ETF MSCI ESG Fund Quality Score is 6.37 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. IDMO ranks in the 59th percentile within its peer group and in the 81st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
IDMO CHARTS AND PERFORMANCE
IDMO Top 10 Countries
IDMO Top 10 Sectors
IDMO Top 10 Holdings [View All]
IDMO Summary Data
IDMO Portfolio Data
IDMO Index Data
IDMO Portfolio Management
IDMO Tax Exposures
IDMO Fund Structure
IDMO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IDMO. IDMO is rated a 4 out of 5.
IDMO Sector/Industry Breakdown
IDMO TOP 10 HOLDINGS[View All]
IDMO Economic Development
IDMO Performance Statistics
IDMO MSCI ESG Ratings
IDMO BENCHMARK COMPARISON SUMMARY
IDMO 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.