Key stats
About Invesco S&P International Developed Momentum ETF
Expense ratio
0.25%
Home page
Inception date
Feb 24, 2012
IDMO offers a momentum play on large- and mid-cap 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).
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Durables
Health Technology
Producer Manufacturing
Technology Services
Stocks100.08%
Finance15.70%
Consumer Durables13.21%
Health Technology10.66%
Producer Manufacturing10.44%
Technology Services10.22%
Electronic Technology8.73%
Distribution Services5.38%
Non-Energy Minerals4.54%
Process Industries4.31%
Retail Trade3.33%
Commercial Services2.99%
Consumer Non-Durables2.87%
Utilities2.84%
Transportation1.81%
Industrial Services1.08%
Communications1.07%
Consumer Services0.68%
Energy Minerals0.07%
Health Services0.07%
Bonds, Cash & Other−0.08%
Cash0.00%
Miscellaneous−0.08%
Stock breakdown by region
Asia55.60%
Europe37.02%
North America5.21%
Oceania2.09%
Middle East0.08%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history