Key stats
About Invesco S&P International Developed Momentum ETF
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Inception date
Feb 24, 2012
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
IDMO offers a momentum play on large- and mid-cap developed market stocks, ex-US. 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). Prior to May 31, 2024, the fund tracked the S&P Momentum Developed ex-U.S. & South Korea LargeMidCap Index.
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
Technology Services
Stocks99.94%
Finance45.84%
Technology Services12.73%
Electronic Technology7.59%
Producer Manufacturing5.74%
Retail Trade5.25%
Industrial Services4.03%
Non-Energy Minerals3.39%
Consumer Non-Durables3.22%
Health Technology3.14%
Communications3.13%
Consumer Services1.74%
Commercial Services1.27%
Utilities1.17%
Transportation0.82%
Health Services0.47%
Consumer Durables0.29%
Distribution Services0.13%
Bonds, Cash & Other0.06%
Mutual fund0.06%
Cash0.00%
Stock breakdown by region
Europe58.53%
North America16.60%
Asia13.92%
Oceania8.90%
Middle East2.04%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history