XMVMInvesco S&P MidCap Value with Momentum ETF
XMVM Fund Description
XMVM tracks a value-weighted index of S&P 400 midcap stocks selected by value and momentum.
XMVM Factset Analytics Insight
XMVM’s name reflects its straightforward approach to value with momentum, with the emphasis on value. Pulling from the S&P 400 midcaps, its index selects 160 names with highest value scores, derived from book-to-price, (trailing) earnings-to-price, and sales-to-price. It then picks the top half of these using a momentum score based on 12-month performance, excluding the most recent month, and favoring stocks with lower volatility. The 80 names are weighted by the value score. Firm size (market cap) does not play a direct role in weighting, so the fund may lean toward smaller midcaps. The index is rebalanced semi-annually. Prior to June 24, 2019, the fund was called Invesco Russell Midcap Equal Weight ETF that tracked the Russell Midcap Pure Value Index under the ticker PXMV. The current index retains “pure value” flavor given its value weighting.
XMVM MSCI ESG Analytics Insight
Invesco S&P MidCap Value with Momentum ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.47 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 MidCap Value with Momentum ETF ranks in the 37th percentile within its peer group and in the 64th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
XMVM 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.
XMVM Summary Data
XMVM Portfolio Data
XMVM Index Data
XMVM Portfolio Management
XMVM Tax Exposures
XMVM Fund Structure
XMVM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XMVM. XMVM is rated a 5 out of 5.
XMVM Sector/Industry Breakdown
XMVM Top 10 Holdings[View All]
XMVM Economic Development
XMVM Performance Statistics
XMVM MSCI ESG Ratings
XMVM Benchmark Comparison Summary
XMVM Benchmark Comparison Market Cap Size