IDMO - ETF AI Analysis
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Invesco S&P International Developed Momentum ETF (IDMO)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Momentum-Focused Top Holdings
Several of the largest positions, such as HSBC, Toronto Dominion Bank, Siemens Energy, Advantest, and Mitsubishi, have delivered strong year-to-date results that support the fund’s strategy.
Broad International Diversification
The fund spreads its investments across many developed countries, including Japan, the UK, the U.S., and several European markets, helping reduce reliance on any single economy.
Negative Factors
Heavy Tilt Toward Financials
With a large share of assets in financial stocks, the ETF is sensitive to banking and interest-rate conditions, which can increase volatility.
Some Weak Top Holdings
A few key positions, such as Banco Bilbao Vizcaya Argentaria and UniCredit, have shown weak year-to-date performance, which can drag on overall returns.
Moderate Expense Ratio
The fund’s fees are not especially high but are also not among the very cheapest, slightly reducing the net return to investors over time.
IDMO vs. SPDR S&P 500 ETF (SPY)
AUM3.98B
RegionDeveloped Markets
Expense Ratio0.25%
Beta0.89
IssuerInvesco
Inception DateFeb 24, 2012
Dividend Yield3.72%
Asset ClassEquity
Index TrackedS&P World Ex-U.S. Momentum Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume316,604
30 Day Avg. Volume386,676
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
71.40Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering191
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IDMO Summary
The Invesco S&P International Developed Momentum ETF (IDMO) follows the S&P World Ex-U.S. Momentum Index, focusing on stocks from developed countries outside the U.S. that have been rising in price. It holds many financial and industrial companies from places like Japan, the UK, and Europe, including well-known names such as HSBC Holdings and Banco Santander. Someone might invest in IDMO to seek growth and diversify beyond the U.S. market using a rules-based “buy what’s working” approach. A key risk is that momentum stocks can fall quickly, and the fund can go up and down sharply with global markets.
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
IDMO is being steered largely by big international banks, with HSBC, Toronto-Dominion, Santander, BBVA, and UniCredit all rising and giving the fund a solid financial backbone. That heavy tilt toward financials means the ETF’s fortunes are closely tied to global lending and interest-rate trends. On the industrial and energy side, names like Rolls-Royce and Siemens Energy are also climbing, adding some extra thrust. The main drag comes from chip-testing specialist Advantest, which has been lagging lately, but overall the fund’s developed-markets mix outside the U.S. is leaning more on winners than losers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HSBC Holdings | 4.83% | $190.94M | £256.69B | 60.16% | 80 Outperform | |
| Toronto Dominion Bank | 4.36% | $172.55M | $209.66B | 67.98% | 74 Outperform | |
| Banco Santander | 4.18% | $165.30M | €175.23B | 60.32% | 73 Outperform | |
| Banco Bilbao Vizcaya Argentaria | 2.78% | $110.10M | €125.81B | 78.75% | 76 Outperform | |
| Rolls-Royce Holdings | 2.52% | $99.55M | £115.02B | 37.26% | 71 Outperform | |
| Iberdrola | 2.18% | $86.02M | €136.23B | 33.92% | 67 Neutral | |
| Advantest | 2.11% | $83.54M | ¥20.68T | 136.51% | 75 Outperform | |
| Siemens Energy | 2.03% | $80.42M | €126.71B | 57.18% | 72 Outperform | |
| UniCredit SpA | 1.96% | $77.55M | €124.63B | 36.19% | 75 Outperform | |
| Kioxia Holdings Corporation | 1.81% | $71.75M | ¥34.04T | 2114.62% | 63 Neutral |
IDMO Technical Analysis
Neutral
―
Price Trends
59.57
Negative
58.16
Positive
56.17
Positive
Market Momentum
0.02
Positive
46.17
Neutral
45.21
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IDMO, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 60.01, equal to the 50-day MA of 59.57, and equal to the 200-day MA of 56.17, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 46.17 is Neutral, neither overbought nor oversold. The STOCH value of 45.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IDMO.
IDMO Peer Comparison
Comparison Results
Performance Comparison
IDMO
Invesco S&P International Developed Momentum ETF
58.97
9.76
19.83%
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
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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.
DisclaimerThis 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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