EEMO

Invesco S&P Emerging Markets Momentum ETF

$18.04
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco S&P Emerging Markets Momentum ETF (EEMO) seeks to track the investment results of an index that is designed to provide exposure to emerging market stocks exhibiting relatively strong price momentum.

Overview

ETF tracking Invesco S&P Emerging Markets Momentum ETF

Issuer Invesco
Inception Date 2012-02-24
Market Cap $14.4M
Average Volume N/A
Dividend Yield 1.83%
52-Week Range $12.97 - $18.33
VWAP $18.02

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P Emerging Markets Momentum ETF (EEMO) seeks to track the investment results of an index that is designed to provide exposure to emerging market stocks exhibiting relatively strong price momentum.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to track the S&P Emerging Markets Momentum Index. The index selects and weights its constituent securities based on a momentum factor, which aims to identify stocks with relatively strong recent price appreciation.

✨ Key Features

  • Provides exposure to emerging market stocks with strong price momentum
  • Utilizes a passive, index-tracking investment approach
  • Rebalances and reconstitutes the portfolio on a quarterly basis to maintain the momentum-based strategy
  • Has a low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging markets risk: Investing in emerging markets may involve greater risks related to political, economic, and market volatility
  • Momentum investing risk: The momentum strategy may underperform the broader market if momentum reverses or does not continue
  • Concentration risk: The ETF may be more heavily weighted in certain sectors or countries, increasing its vulnerability to those markets
  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors

👤 Best For

This ETF may be suitable for investors seeking exposure to emerging market equities with a focus on stocks exhibiting strong price momentum. It may be appropriate as a satellite holding within a diversified portfolio, but investors should be comfortable with the higher volatility and risks associated with emerging markets.