SPMOInvesco S&P 500 Momentum ETF
SPMO Fund Description
SPMO tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum.
SPMO Factset Analytics Insight
SPMO holds 100 securities from the S&P 500 that have the highest momentum scores. The momentum score is based on 12-month price change (excluding the most recent month), scaled by volatility (standard deviation of daily returns). Adjusting for volatility in this manner tilts the fund toward stocks that have experienced a relatively smooth increase in price. Selected securities are weighted by their momentum score, scaled by their market capitalization. This methodology can produce significant biases relative to the market—major sector tilts are to be expected, and the fund has historically exhibited higher volatility relative to vanilla funds in the same segment. The index is reconstituted and rebalanced semi-annually.
SPMO MSCI ESG Analytics Insight
Invesco S&P 500 Momentum ETF has an MSCI ESG Fund Rating of A based on a score of 5.82 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 500 Momentum ETF ranks in the 46th percentile within its peer group and in the 59th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SPMO 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.
SPMO Summary Data
SPMO Portfolio Data
SPMO Index Data
SPMO Portfolio Management
SPMO Tax Exposures
SPMO Fund Structure
SPMO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPMO. SPMO is rated a 5 out of 5.
SPMO Sector/Industry Breakdown
SPMO Economic Development
SPMO Performance Statistics
SPMO MSCI ESG Ratings
SPMO Benchmark Comparison Summary
SPMO Benchmark Comparison Market Cap Size