EEMOInvesco S&P Emerging Markets Momentum ETF
EEMO Fund Description
EEMO 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, 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. Notably, South Korea is eligible for inclusion here, and not in sibling fund IDMO. Also, EEMO has the potential for significant deviation from cap-weighted exposure and performance given its methodology and the absence of sector and country constraints. The index is rebalanced semi-annually. 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
Invesco S&P Emerging Markets Momentum ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.46 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Invesco S&P Emerging Markets Momentum ETF ranks in the 34th percentile within its peer group and in the 50th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EEMO MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
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 Economic Development
EEMO Performance Statistics
EEMO MSCI ESG Ratings
EEMO Benchmark Comparison Summary
EEMO Benchmark Comparison Market Cap Size