The Invesco S&P International Developed Momentum ETF (IDMO) is a dynamic investment vehicle designed to offer exposure to international markets while capitalizing on momentum-driven strategies. This ETF is categorized under Size and Style, with a distinctive focus on capturing the essence of the Total Market in a Broad-based niche. IDMO seeks to track the performance of the S&P Momentum Developed Ex-U.S. & South Korea LargeMidCap Index, which identifies international companies exhibiting strong risk-adjusted returns and positive price momentum.
By investing in IDMO, investors gain access to a diversified portfolio of developed market equities outside the United States, excluding South Korea, that are poised for growth. This approach allows investors to tap into markets that may be on an upward trajectory, driven by favorable market conditions and positive sentiment. The ETF’s focus on momentum ensures that the portfolio continuously adapts, targeting stocks with the highest potential for future performance based on historical price trends.
Perfect for those looking to diversify their investment portfolio, IDMO combines the strategic advantages of a momentum-driven approach with the broad reach of international markets. Whether you are aiming to enhance long-term growth or seeking a tactical allocation to complement existing holdings, this ETF provides a compelling option for investors interested in the intersection of momentum and international market exposure.
Invesco S&P International Developed Momentum ETF (IDMO) Fund Flow Chart
Invesco S&P International Developed Momentum ETF (IDMO) 1 year Net Flows: $248M