Equity | International and Global Equity

Invesco S&P International Developed Momentum ETF

Ticker: IDMO

Product Details

The Invesco S&P International Developed Momentum ETF (Fund) is based on the S&P World Ex-U.S. Momentum Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index tracks the performance of stocks in the S&P World Ex-U.S Momentum Index that have the highest momentum score. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of March and September.

Effective after close of business May 31, 2024, the S&P Momentum Developed ex-U.S. & South Korea LargeMidCap Index changed its name to the S&P World Ex-U.S. Momentum Index. The underlying index and methodology remains the same.

as of 09/30/2024

Morningstar Rating

Overall Rating - Foreign Large Growth Category

As of 09/30/2024 the Fund had an overall rating of 4 stars out of 386 funds and was rated 5 stars out of 386 funds, 5 stars out of 336 funds and 3 stars out of 224 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2024 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

as of 09/30/2024 09/30/2024

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P Momentum Developed Ex. U.S. & South Korea LargeMidCap Index 16.54 29.75 9.54 12.82 N/A N/A
MSCI EAFE Index 12.99 24.77 5.48 8.20 5.71 6.52
Fund History (%)
Fund NAV 16.30 29.45 9.54 12.68 6.60 6.77
After Tax Held 15.38 28.29 8.53 11.82 5.99 6.24
After Tax Sold 9.64 17.46 7.08 9.84 5.16 5.44
Fund Market Price 16.40 29.73 9.50 12.77 6.62 6.72
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P Momentum Developed Ex. U.S. & South Korea LargeMidCap Index 16.54 29.75 9.54 12.82 N/A N/A
MSCI EAFE Index 12.99 24.77 5.48 8.20 5.71 6.52
Fund History (%)
Fund NAV 16.30 29.45 9.54 12.68 6.60 6.77
After Tax Held 15.38 28.29 8.53 11.82 5.99 6.24
After Tax Sold 9.64 17.46 7.08 9.84 5.16 5.44
Fund Market Price 16.40 29.73 9.50 12.77 6.62 6.72

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 09/30/2024

Growth of $10,000

Data beginning Fund inception and ending 09/30/2024. Fund performance shown at NAV.

S&P Momentum Developed Ex. U.S. & South Korea LargeMidCap Index* performance prior to 3/18/2016 reflects that of the original Underlying Index, S&P BMI International Developed High Beta Index. From 3/18/2016, forward, the Index performance reflects that of the Underlying Index, S&P Momentum Developed Ex. U.S. & South Korea LargeMidCap Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 10/11/2024

Sector Allocation

Sector Percent of Fund
Financials 39.44%
Industrials 20.96%
Information Technology 9.62%
Health Care 9.35%
Consumer Discretionary 4.88%
Communication Services 4.81%
Materials 3.81%
Energy 3.05%
Consumer Staples 2.13%
Real Estate 1.68%
Utilities 0.23%
Investment Companies 0.04%
Cash 0.01%
as of 10/11/2024

Top Country Allocation

Country Percentage
Japan 25.64%
Germany 10.45%
Canada 9.83%
Australia 9.43%
United Kingdom 8.53%
Denmark 6.75%
Switzerland 5.69%
Sweden 4.85%
Italy 4.39%
France 4.26%
as of 10/10/2024

Market Cap & Style Allocations

Large-Cap Value 20.42%
Large-Cap Blend 29.75%
Large-Cap Growth 44.66%
Mid-Cap Value 1.00%
Mid-Cap Blend 1.32%
Mid-Cap Growth 2.74%
Small-Cap Value -
Small-Cap Blend 0.11%
Small-Cap Growth -

as of 10/11/2024 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
NOVOB DC Novo Nordisk A/S 6.46
SAP SAP SE 4.55
CBA Commonwealth Bank of Australia 2.82
6501 JP Hitachi Ltd 2.32
8306 JP Mitsubishi UFJ Financial Group Inc 2.11
SU FP Schneider Electric SE 2.02
REL LN RELX PLC 1.87
ALV Allianz SE 1.80
6098 JP Recruit Holdings Co Ltd 1.78
DTE Deutsche Telekom AG 1.69
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | Hide View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
09/23/2024 09/23/2024 09/27/2024 0.27672 0.27672 - - - -
06/24/2024 06/24/2024 06/28/2024 0.23353 0.23353 - - - -
03/18/2024 03/19/2024 03/22/2024 0.30292 0.30292 - - - -
12/18/2023 12/19/2023 12/22/2023 0.12803 0.12803 - - - -
09/18/2023 09/19/2023 09/22/2023 0.32544 0.32544 - - - -
06/20/2023 06/21/2023 06/23/2023 0.20694 0.20694 - - - -
03/20/2023 03/21/2023 03/24/2023 0.40382 0.40382 - - - -
12/19/2022 12/20/2022 12/23/2022 0.12088 0.12088 - - - -
09/19/2022 09/20/2022 09/23/2022 0.36988 0.36988 - - - -
06/21/2022 06/22/2022 06/30/2022 0.43413 0.43413 - - - -
03/21/2022 03/22/2022 03/31/2022 0.23481 0.23481 - - - -
12/20/2021 12/21/2021 12/31/2021 0.21800 0.21800 - - - -
09/20/2021 09/21/2021 09/30/2021 0.17054 0.17054 - - - -
06/21/2021 06/22/2021 06/30/2021 0.13796 0.13796 - - - -
03/22/2021 03/23/2021 03/31/2021 0.15024 0.15024 - - - -
12/21/2020 12/22/2020 12/31/2020 0.14388 0.14388 - - - -
09/21/2020 09/22/2020 09/30/2020 0.10323 0.10323 - - - -
06/22/2020 06/23/2020 06/30/2020 0.09772 0.09772 - - - -
03/23/2020 03/24/2020 03/31/2020 0.19985 0.19985 - - - -
12/23/2019 12/24/2019 12/31/2019 0.11000 0.11000 - - - -
09/23/2019 09/24/2019 09/30/2019 0.13374 0.13374 - - - -
06/24/2019 06/25/2019 06/28/2019 0.40472 0.40472 - - - -
03/18/2019 03/19/2019 03/29/2019 0.12817 0.12817 - - - -
12/24/2018 12/26/2018 12/31/2018 0.26839 0.26839 - - - -
06/18/2018 06/19/2018 06/29/2018 0.37893 0.37893 - - - -
03/19/2018 03/20/2018 03/29/2018 0.09775 0.09775 - - - -
12/18/2017 12/19/2017 12/29/2017 0.18911 0.18911 - - - -
09/18/2017 09/19/2017 09/29/2017 0.17086 0.17086 - - - -
06/16/2017 06/20/2017 06/30/2017 0.27697 0.27697 - - - -
03/17/2017 03/21/2017 03/31/2017 0.23084 0.23084 - - - -
12/16/2016 12/20/2016 12/30/2016 0.13221 0.13221 - - - -
09/16/2016 09/20/2016 09/30/2016 0.01593 0.01593 - - - -
06/17/2016 06/21/2016 06/30/2016 0.22574 0.22574 - - - -
03/18/2016 03/22/2016 03/31/2016 0.11733 0.11733 - - - -
12/18/2015 12/22/2015 12/31/2015 0.13016 0.13016 - - - -
09/18/2015 09/22/2015 09/30/2015 0.12215 0.12215 - - - -
06/19/2015 06/23/2015 06/30/2015 0.30561 0.30561 - - - -
03/20/2015 03/24/2015 03/31/2015 0.03019 0.03019 - - - -
06/20/2014 06/24/2014 06/30/2014 0.58100 0.58100 - - - -
03/21/2014 03/25/2014 03/31/2014 0.01029 0.01029 - - - -
12/20/2013 12/24/2013 12/31/2013 0.13176 0.13176 - - - -
09/20/2013 09/24/2013 09/30/2013 0.16434 0.16434 - - - -
06/21/2013 06/25/2013 06/28/2013 0.20000 0.20000 - - - -
03/15/2013 03/19/2013 03/28/2013 0.00984 0.00984 - - - -
12/21/2012 12/26/2012 12/31/2012 0.23410 0.23410 - - - -
09/21/2012 09/25/2012 09/28/2012 0.06851 0.06851 - - - -
06/15/2012 06/19/2012 06/29/2012 0.22000 0.22000 - - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2024 64 10 11 15 4 2 1
06/30/2024 63 10 16 15 2 0 0
03/31/2024 61 14 17 20 0 1 0
12/31/2023 63 11 16 15 8 2 0
Year Ended 2023 250 36 56 94 32 4 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2024 64 8 8 1 3 1 0
06/30/2024 63 14 2 3 1 0 0
03/31/2024 61 6 2 1 0 0 0
12/31/2023 63 5 5 1 0 0 0
Year Ended 2023 250 19 8 1 0 0 0

Fund Inception : 02/24/2012

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

The performance of an investment concentrated in issuers of a certain region or country, such as the Japan and the European Union, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments. 

The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

The Fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

Investments focused in a particular industry, such as financial, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund may become “non-diversified”, as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constitutes of the Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status under such circumstances.

Effective after close of business May 21, 2024, the S&P Momentum Developed ex-U.S. & South Korea LargeMidCap Index changed its name to the S&P World Ex-U.S. Momentum Index. The underling index and methodology remains the same.

The MSCI EAFE® Index is an unmanaged index considered representative of stocks of Europe, Australasia and the Far East. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco Capital Management LLC. The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

© 2021 Axioma, Inc. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Axioma; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute financial, investment, or legal advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Axioma is not responsible for any trading decisions, damages or other losses related to the Information or its use. Information should be verified before use and should not be acted upon without first obtaining specific legal, tax, and investment advice from a licensed professional. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. Invesco is not affiliated with Axioma, Inc.