IDMOInvesco S&P International Developed Momentum ETF
IDMO Fund Description
IDMO 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 market-cap-weighted exposure and performance given its methodology and the absence of sector and country constraints. The index is rebalanced semi-annually. 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
Invesco S&P International Developed Momentum ETF has an MSCI ESG Fund Rating of AA based on a score of 7.54 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 International Developed Momentum ETF ranks in the 89th percentile within its peer group and in the 70th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IDMO 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.
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