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IDMO - ETF AI Analysis
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Invesco S&P International Developed Momentum ETF (IDMO)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Rolls-Royce and Rheinmetall, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Global Diversification
The ETF has exposure to multiple countries, including the UK, Germany, Japan, and Canada, reducing reliance on any single geographic market.
Low Expense Ratio
The fund charges a competitive expense ratio of 0.25%, making it cost-effective compared to many actively managed funds.
Negative Factors
Sector Concentration Risk
Nearly half of the fund’s assets are concentrated in the financial sector, increasing vulnerability to sector-specific downturns.
Mixed Short-Term Performance
The ETF has shown weak one-month performance, which may concern investors looking for consistent short-term gains.
Limited Exposure to Emerging Markets
The fund focuses primarily on developed markets, offering little exposure to faster-growing emerging economies.
IDMO vs. SPDR S&P 500 ETF (SPY)
AUM2.64B
RegionDeveloped Markets
Expense Ratio0.25%
Beta0.81
IssuerInvesco
Inception DateFeb 24, 2012
Dividend Yield3.61%
Asset ClassEquity
Index TrackedS&P World Ex-U.S. Momentum Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume466,047
30 Day Avg. Volume362,533
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
60.62Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering181
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IDMO Summary
The Invesco S&P International Developed Momentum ETF (IDMO) is an investment fund that focuses on international companies outside the U.S. and South Korea, aiming to capture stocks with strong price momentum. It tracks the S&P Momentum Developed Ex-U.S. & South Korea LargeMidCap Index, which includes companies like Rolls-Royce and HSBC Holdings. This ETF is ideal for investors looking to diversify globally and benefit from markets that may be on an upward trend. However, since it relies on momentum strategies, its performance can fluctuate with changing market conditions.
How much will it cost me?The Invesco S&P International Developed Momentum ETF (IDMO) has an expense ratio of 0.25%, meaning you’ll pay $2.50 per year for every $1,000 invested. This is lower than the average for actively managed ETFs, as IDMO uses a passive strategy to track an index focused on momentum-driven stocks. Passive ETFs typically have lower costs because they don’t require frequent trading or active management.
What would affect this ETF?The IDMO ETF, with its focus on developed markets outside the U.S. and South Korea, could benefit from positive global economic growth, particularly in sectors like financials and industrials, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates, which could impact financial stocks, or economic slowdowns in key regions such as Europe and Australia where its top holdings are concentrated. Regulatory changes or geopolitical tensions in these areas could also negatively affect performance.
IDMO Top 10 Holdings
The IDMO ETF is heavily tilted toward financials, with nearly half of its holdings in the sector, making banks like HSBC and Banco Santander key drivers of its performance. HSBC has been rising steadily thanks to strong earnings and solid fundamentals, while Banco Santander’s momentum is buoyed by strategic initiatives and robust capital management. Industrials also play a notable role, with Rolls-Royce showing mixed signals as strategic improvements clash with financial stability concerns. Meanwhile, Siemens Energy is powering ahead with strong gains, though valuation worries linger. The fund’s international focus excludes U.S. stocks, offering a diverse developed-market mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings | 3.69% | $97.24M | £107.08B | 146.81% | 71 Outperform | |
| HSBC Holdings | 3.59% | $94.44M | £208.34B | 50.80% | 80 Outperform | |
| Banco Santander | 3.00% | $79.01M | €153.93B | 127.26% | 73 Outperform | |
| Rheinmetall | 2.72% | $71.64M | €87.13B | 190.81% | 63 Neutral | |
| Siemens Energy | 2.64% | $69.58M | $125.09B | 182.53% | 72 Outperform | |
| Allianz | 2.59% | $68.07M | €143.49B | 27.01% | 67 Neutral | |
| Shopify | 2.45% | $64.57M | $204.89B | 51.10% | ― | |
| British American Tobacco | 2.28% | $59.90M | £92.06B | 45.96% | 71 Outperform | |
| UniCredit SpA | 2.21% | $58.07M | €111.22B | 93.49% | 75 Outperform | |
| Commonwealth Bank of Australia | 2.08% | $54.64M | AU$255.58B | 1.06% | 64 Neutral |
IDMO Technical Analysis
Positive
―
Price Trends
54.33
Positive
53.27
Positive
50.42
Positive
Market Momentum
0.82
Negative
68.41
Neutral
93.14
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IDMO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.09, equal to the 50-day MA of 54.33, and equal to the 200-day MA of 50.42, indicating a bullish trend. The MACD of 0.82 indicates Negative momentum. The RSI at 68.41 is Neutral, neither overbought nor oversold. The STOCH value of 93.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IDMO.
IDMO Peer Comparison
Comparison Results
Performance Comparison
IDMO
Invesco S&P International Developed Momentum ETF
57.12
17.45
43.99%
GSIE
Goldman Sachs ActiveBeta International Equity ETF
―
―
―
LVHI
Legg Mason International Low Volatility High Dividend ETF
―
―
―
IMTM
iShares MSCI Intl Momentum Factor ETF
―
―
―
INTF
iShares MSCI Intl Multifactor ETF
―
―
―
PXF
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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