Invesco S&P International Developed Momentum ETF

IDMO

Market cap $1.63B

Overview Fund Activity

53.75 USD

-0.19

0.35%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

56.15

+2.40

4.47%

1 day

-0.35%

5 days

1.03%

1 month

2.11%

3 months

6.41%

6 months

22.27%

Year to date

32.39%

1 year

28.07%

5 years

79.05%

10 years

125.46%

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

950% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 6

323% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 13

152% more capital invested

Capital invested by funds: $250M [Q1] → $631M (+$381M) [Q2]

133% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 7 (+4) [Q2]

69% more funds holding

Funds holding: 81 [Q1] → 137 (+56) [Q2]

11.04% more ownership

Funds ownership: 50.55% [Q1] → 61.59% (+11.04%) [Q2]

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Financial journalist opinion

IDMO Brings Momentum Factor to International Stocks

Investors enjoying the pairing of domestic stocks and the momentum factor are likely familiar with some related ETFs. This includes the Invesco S&P 500 Momentum ETF (SPMO).

IDMO Brings Momentum Factor to International Stocks

Under-the-Radar Members of $1 Billion ETF Flows Club

To some, $1 billion of ETF net inflows is not what it used to be. The U.S. ETF industry has gathered more than $700 billion of net inflows this year and is likely to again break the $1 trillion mark.

Under-the-Radar Members of $1 Billion ETF Flows Club

I'm Selling My IDMO

After a year of strong returns, my analysis now signals it's time to sell the Invesco S&P International Developed Momentum ETF. IDMO underperforms the S&P 500 on both absolute and risk-adjusted returns, with a negative alpha and subpar risk-return metrics. While IDMO offers lower volatility and some diversification benefits, its risk-reward profile and information ratio are disappointing.

I'm Selling My IDMO

IDMO: A Tactical Play For Short-Term Gains With Long-Term Risks

Invesco S&P International Developed Momentum ETF offers momentum exposure with a 0.25% expense ratio, suitable for tactical rather than core holdings due to high turnover. IDMO's portfolio, based on the S&P World Ex-U.S. Momentum Index, is growth-tilted and rebalanced semi-annually, leading to higher volatility in downturns. While the Fund may outperform in bull markets, its high turnover ratio and trading expenses could hinder long-term performance compared to more stable ETFs like VEA.

IDMO: A Tactical Play For Short-Term Gains With Long-Term Risks

DMO: Best-Of-Breed Ex-US Momentum ETF With A Caveat

Invesco S&P International Developed Momentum ETF holds 183 international stocks with high momentum. The IDMO ETF is overweight in financials, quite heavy in Japan, and has fundamental growth characteristics. IDMO has outperformed other momentum ETFs in the same stock universe over the last seven years.

DMO: Best-Of-Breed Ex-US Momentum ETF With A Caveat

IDMO: Solid Performance In 2024 But Numerous Risks And Disadvantages

Invesco S&P International Developed Momentum ETF targets ex-U.S. and ex-Korea developed world equities that demonstrate robust momentum characteristics. In the current version, most of its net assets are allocated to Japanese stocks (54.7%). Denmark (9.9%) and the U.K. (6.6%) are in second and third places, respectively. IDMO solidly outperformed its peer IMTM as well as EFA in the past. However, it was unable to keep pace with IVV.

IDMO: Solid Performance In 2024 But Numerous Risks And Disadvantages

Last Week in ETFs: 8 New Defined Outcome ETFs Debut

Last week was a busy one for ETFs, with nine new ETFs launching on the first day of the week alone. Calamos, Innovator, AllianzIM, Direxion, Global X and ProShares were among the issuers rolling out new funds.

Last Week in ETFs: A Few New ETFs, 1 Closure

Despite an uptick in activity during the prior week, last week in the wake of the Memorial Day holiday saw the debut of just five new ETFs and the completion of one closure.

IDMO: International With A Momentum Tilt

Invesco S&P International Developed Momentum ETF focuses on international stocks with strong momentum, potentially leading to significant gains. The IDMO fund holds a diversified portfolio of 212 holdings, including companies like Novo Nordisk, SAP, and Mitsubishi UFJ Financial. IDMO has a major weighting towards Japan and a concentration in the Industrials and Technology sectors, which could expose investors to sector-specific risks.

IDMO: As I Suspected, Timing Is Everything For This ETF

The article discusses the Invesco S&P International Developed Momentum ETF and its application of momentum investing to international stocks.

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