Key stats
About Invesco S&P International Developed Momentum ETF
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Inception date
Feb 24, 2012
Structure
Open-Ended Fund
Replication method
Physical
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.
Related funds
Classification
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IDMO trades at 50.94 USD today, its price has fallen −0.24% in the past 24 hours. Track more dynamics on IDMO price chart.
IDMO net asset value is 50.95 today — it's risen 3.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IDMO assets under management is 1.22 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IDMO price has risen by 2.31% over the last month, and its yearly performance shows a 20.48% increase. See more dynamics on IDMO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.46% over the last month, showed a 15.55% increase in three-month performance and has increased by 22.70% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.46% over the last month, showed a 15.55% increase in three-month performance and has increased by 22.70% in a year.
IDMO fund flows account for 847.05 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IDMO invests in stocks. See more details in our Analysis section.
IDMO expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IDMO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IDMO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IDMO shows the buy signal. See more of IDMO technicals for a more comprehensive analysis.
Today, IDMO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IDMO shows the buy signal. See more of IDMO technicals for a more comprehensive analysis.
Yes, IDMO pays dividends to its holders with the dividend yield of 2.02%.
IDMO trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IDMO shares are issued by Invesco Ltd.
IDMO follows the S&P World Ex-U.S. Momentum Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 24, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.