XMMOInvesco S&P Midcap Momentum ETF
XMMO Fund Description
XMMO tracks an index of S&P 400 midcap stocks selected by momentum and weighted by market cap and momentum.
XMMO Factset Analytics Insight
XMMO offers a momentum take on US midcaps culled from the S&P 400. Its index selects 80 names with the highest momentum score, derived from 12-month performance excluding the most recent month and favoring stocks with lower volatility. The index weights the names by a combination of market cap and the momentum score. Prior to June 24, 2019 the fund was quite different. It tracked a Russell growth index under a different name and ticker (PXMG).
XMMO MSCI ESG Analytics Insight
Invesco S&P Midcap Momentum ETF has an MSCI ESG Fund Rating of A based on a score of 6.46 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 Midcap Momentum ETF ranks in the 60th percentile within its peer group and in the 91st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
XMMO 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.
XMMO Summary Data
XMMO Portfolio Data
XMMO Index Data
XMMO Portfolio Management
XMMO Tax Exposures
XMMO Fund Structure
XMMO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XMMO. XMMO is rated a 5 out of 5.
XMMO Sector/Industry Breakdown
XMMO Top 10 Holdings[View All]
XMMO Economic Development
XMMO Performance Statistics
XMMO MSCI ESG Ratings
XMMO Benchmark Comparison Summary
XMMO Benchmark Comparison Market Cap Size