OMOM - Invesco Russell 1000® Momentum Factor ETF

Equity - US Equity

Product Details

The Invesco Russell 1000 Momentum Factor ETF (the “Fund”) is based on the Russell 1000 Momentum Factor Index (the “Index”). The Fund will invest at least 90% of its total assets in the small-cap securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights securities of the Russell 1000 Index with the greatest total return momentum over the last 11 months. The Fund and Index are reconstituted and rebalanced semiannually.

as of 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Momentum Factor Index 27.47 15.35 15.16 N/A N/A 11.51
Russell 1000 Index 27.74 16.10 14.67 10.80 13.49 11.80
Fund History (%)
Fund NAV 27.10 15.08 N/A N/A N/A 11.24
After Tax Held 26.58 14.49 N/A N/A N/A 10.79
After Tax Sold 16.02 8.96 N/A N/A N/A 8.53
Fund Market Price 27.38 15.49 N/A N/A N/A 11.47
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Momentum Factor Index 21.29 1.81 13.44 N/A N/A 9.67
Russell 1000 Index 20.53 3.87 13.19 10.62 13.23 9.49
Fund History (%)
Fund NAV 20.94 1.52 N/A N/A N/A 9.37
After Tax Held 20.44 1.00 N/A N/A N/A 8.90
After Tax Sold 12.39 0.94 N/A N/A N/A 7.08
Fund Market Price 21.02 1.66 N/A N/A N/A 9.53

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 the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund.

as of 09/30/2019

Growth of $10,000

Data beginning Fund inception and ending 09/30/2019. Fund performance shown at NAV.

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 12/10/2019

Sector Allocation

Sector Percent of Fund
Information Technology 25.68%
Health Care 13.71%
Financials 11.13%
Communication Services 9.64%
Consumer Discretionary 9.31%
Consumer Staples 8.45%
Industrials 8.36%
Real Estate 4.63%
Utilities 4.50%
Energy 2.43%
Materials 2.18%
as of 12/09/2019

Market Cap & Style Allocations

Large-Cap Value 25.18%
Large-Cap Blend 31.52%
Large-Cap Growth 30.61%
Mid-Cap Value 2.79%
Mid-Cap Blend 4.37%
Mid-Cap Growth 5.51%
Small-Cap Value 0.03%
Small-Cap Blend -
Small-Cap Growth -

as of 12/10/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MSFT Microsoft Corp 6.19
AAPL Apple Inc 3.71
AMZN Amazon.com Inc 2.67
PG Procter & Gamble Co/The 1.83
JNJ Johnson & Johnson 1.61
V Visa Inc 1.56
BRK/B Berkshire Hathaway Inc 1.49
JPM JPMorgan Chase & Co 1.48
MA Mastercard Inc 1.37
DIS Walt Disney Co/The 1.32

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/23/2019 09/24/2019 09/30/2019 0.09045 0.09045 - - -
06/24/2019 06/25/2019 06/28/2019 0.10061 0.10061 - - -
03/19/2019 03/20/2019 03/21/2019 0.09566 0.09566 - - -
12/26/2018 12/27/2018 12/28/2018 0.10061 0.10061 - - -
09/25/2018 09/26/2018 09/27/2018 0.10815 0.10815 - - -
06/19/2018 06/20/2018 06/21/2018 0.09188 0.09188 - - -
03/16/2018 03/17/2018 03/20/2018 0.07369 0.07369 - - -
12/28/2017 12/29/2017 01/02/2018 0.06849 0.06849 - - -

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%
09/30/2019 64 21 8 4 0 0 0
03/31/2019 61 42 19 0 0 0 0
12/31/2018 63 63 0 0 0 0 0
09/30/2018 63 63 0 0 0 0 0
Year Ended 2018 251 250 0 0 0 0 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%
09/30/2019 64 18 9 4 0 0 0
03/31/2019 61 0 0 0 0 0 0
12/31/2018 63 0 0 0 0 0 0
09/30/2018 63 0 0 0 0 0 0
Year Ended 2018 251 1 0 0 0 0 0

Fund Inception : 11/08/2017

 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.

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.

Investments focused in a particular sector, such as basic materials, communication services, consumer discretionary and staples, energy, financials, healthcare industrials, information technology, real estate securities and utilities, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund is subject to numerous market trading risks, including the potential lack of an active market, losses from trading in secondary markets, and disruption in the creation/redemption process. During stressed market conditions, Shares may become less liquid as result of deteriorating liquidity which could lead to differences in the market price and the underlying value of those Shares.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The Russell 1000 Index is an unmanaged index considered representative of large-cap stocks. The Russell 1000 Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

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

The Russell 1000 Momentum Factor Index (“Index”) is a trademark of Frank Russell Company (“Russell”) and have been licensed for use by the Manager and the Fund. The Invesco Russell 1000® Momentum Factor ETF (“Licensed Fund”) is not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the applicable Licensed Fund is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the applicable Licensed Fund. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to the Manager or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.

as of 12/11/2019
4:15 PM EST

OMOM
Intraday Stats

  • Last Trade $30.40
  • Current IIV $30.25
  • Change $0.10
  • % Change 0.34%
as of 12/10/2019
  • NAV at market close $30.18
as of 12/10/2019

Fund Yield

  • SEC 30 Day Yield 1.58%
  • Distribution Rate 1.20%
  • 12 Month Distribution Rate 1.28%
  • 30-Day SEC Unsubsidized Yield
    as of 12/10/2019
    1.58%
as of 12/10/2019

Prior Close

  • Closing Price $30.30
  • Bid/Ask Midpoint $30.31
  • Bid/Ask Prem/Disc $0.13
  • Bid/Ask Prem/Disc 0.43%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 21.17
  • Forward Price/Earnings Ratio 19.36
  • Price/Book Ratio1 3.89
  • ROE2 41.39%
  • Avg Market Cap2 $247,504MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker OMOM
  • CUSIP # 46138G755
  • ISIN US46138G7557
  • Intraday NAV OMOMIV
  • Index Ticker R1FPMF
  • Index Provider Frank Russell Company
  • Management Fee 0.19%
  • Total Expense Ratio 0.19%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange Cboe BZX Exchange, Inc.
  • Inception Date 11/08/2017
  • # of Holdings 582
    as of 12/10/2019
as of 12/11/2019

Quick Facts

  • Previous Close $30.30
  • Open $30.39
  • Today's High $30.40
  • Today's Low $30.39
  • Today's Volume 6,931
  • 136 30-Day Avg Trading
    Volume
  • 52 Week High $30.71
  • 52 Week Low $22.66
  • Shares Outstanding .25MM
  • Market Value $7.5MM