Invesco S&P Emerging Markets Momentum ETFInvesco S&P Emerging Markets Momentum ETFInvesco S&P Emerging Markets Momentum ETF

Invesco S&P Emerging Markets Momentum ETF

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Key stats


Assets under management (AUM)
‪12.31 M‬USD
Fund flows (1Y)
‪7.39 M‬USD
Dividend yield (indicated)
2.78%
Discount/Premium to NAV
0.08%
Shares outstanding
‪800.00 K‬
Expense ratio
0.29%

About Invesco S&P Emerging Markets Momentum ETF


Brand
Invesco
Home page
Inception date
Feb 24, 2012
Structure
Open-Ended Fund
Index tracked
S&P Momentum Emerging Plus LargeMidCap Index
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
EEMO offers a momentum play on large- and mid-cap emerging market stocks. 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. Notably, South Korea is eligible for inclusion here, and not in sibling fund IDMO. Also, EEMO has the potential for significant deviation from cap-weighted exposure and performance given its methodology and the absence of sector and country constraints. The index is rebalanced semi-annually. Note: EEMO started tracking its momentum index on March 21, 2016. Prior to that, it tracked a high beta index of EM stocks under a different name (PowerShares S&P Emerging Markets High Beta) and ticker (EEHB).

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Momentum
Geography
Emerging Markets
Weighting scheme
Momentum
Selection criteria
Momentum
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Stock breakdown by region
2%1%6%0.8%2%87%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Displays a symbol's price movements over previous years to identify recurring trends.