XMVM
Invesco S&P MidCap Value with Momentum ETF
📎 Investment Objective
The Invesco S&P MidCap Value with Momentum ETF (XMVM) seeks to track the investment results of an index that measures the performance of mid-capitalization value stocks exhibiting relatively strong momentum.
Overview
ETF tracking Invesco S&P MidCap Value with Momentum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P MidCap Value with Momentum ETF (XMVM) seeks to track the investment results of an index that measures the performance of mid-capitalization value stocks exhibiting relatively strong momentum.
🎯 Investment Strategy
The ETF employs a passive management approach, seeking to track the S&P MidCap 400 Value with Momentum Index. The index selects mid-cap stocks that exhibit attractive valuations and positive momentum characteristics.
✨ Key Features
- Focuses on mid-cap value stocks with positive momentum
- Passive index-tracking strategy
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration in mid-cap stocks, which may be more volatile than large-caps
- Exposure to value and momentum investment styles, which may underperform at times
- Lack of diversification compared to broader market indexes
- Limited performance history to evaluate long-term returns
👤 Best For
This ETF may be suitable for investors seeking exposure to mid-cap value stocks with a focus on momentum, as part of a diversified portfolio. It may be most appropriate for investors with a medium to long-term investment horizon who are comfortable with the risks associated with mid-cap equities.