XSMO
Invesco S&P SmallCap Momentum ETF
📎 Investment Objective
The Invesco S&P SmallCap Momentum ETF (XSMO) seeks to track the investment results of an index that is composed of U.S. small-capitalization stocks exhibiting strong price momentum.
Overview
ETF tracking Invesco S&P SmallCap Momentum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco S&P SmallCap Momentum ETF (XSMO) seeks to track the investment results of an index that is composed of U.S. small-capitalization stocks exhibiting strong price momentum.
🎯 Investment Strategy
The fund generally invests at least 90% of its total assets in the securities that comprise the underlying index. The index is composed of 80 small-cap stocks with the highest 12-month price momentum.
✨ Key Features
- Focuses on small-cap U.S. stocks with strong price momentum
- Passively tracks the S&P SmallCap 600 Momentum Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Exposure to small-cap stocks, which can be more volatile than large-caps
- Momentum investing style, which can underperform in certain market environments
- Lack of diversification compared to broader small-cap indexes
- Limited performance history to evaluate long-term returns
👤 Best For
XSMO may be suitable for investors seeking exposure to small-cap U.S. stocks with a focus on price momentum, as part of a diversified portfolio. However, the fund's limited track record means it may carry higher risk for investors with shorter investment horizons.