IDMO

Invesco S&P International Developed Momentum ETF

$54.33

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco S&P International Developed Momentum ETF (IDMO) seeks to track the investment results of an index that measures the performance of international developed market stocks exhibiting positive momentum.

Overview

ETF tracking Invesco S&P International Developed Momentum ETF

Category International

Issuer Invesco

Inception Date 2012-02-24

Market Cap $1.8B

Average Volume N/A

Dividend Yield 1.70%

52-Week Range $39.69 - $55.35

VWAP $54.39

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund generally invests at least 80% of its total assets in the securities that comprise the underlying index. The index is designed to provide exposure to international developed market stocks that have demonstrated above-average returns over the past 12 months.

✨ Key Features

Focuses on international developed market stocks with positive momentum
Passively tracks the S&P Momentum Developed Ex-U.S. Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Exposure to international markets, which can be more volatile than domestic markets
Momentum investing style, which can underperform in certain market environments
Lack of diversification, as the fund is concentrated in a single investment strategy
Limited track record, making it difficult to evaluate long-term performance

👤 Best For

IDMO may be suitable for investors seeking exposure to international developed market stocks with a focus on positive momentum, as part of a diversified portfolio. However, due to the fund's limited history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.