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Invesco S&P International Developed Momentum ETF (IDMO)

Rating:67Neutral

Price Target:

$58.00

The Invesco S&P International Developed Momentum ETF (IDMO) has a solid overall rating, reflecting a mix of strong performers and some weaker holdings. HSBC stands out as a key contributor to the fund's rating due to its robust profitability, strategic growth initiatives, and attractive valuation. Rolls-Royce also adds value with improved margins and strategic initiatives, though concerns about financial stability slightly temper its impact. On the weaker side, Rheinmetall and Siemens Energy face challenges such as bearish trends and valuation concerns, which may have held back the ETF’s overall score. A potential risk for the fund is its exposure to companies with technical indicators suggesting short-term weakness, which could impact performance in volatile markets.

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)

AUM2.08B

RegionDeveloped Markets

Expense Ratio0.25%

Beta0.83

IssuerInvesco

Inception DateFeb 24, 2012

Dividend Yield1.71%

Asset ClassEquity

Index TrackedS&P World Ex-U.S. Momentum Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume290,603

30 Day Avg. Volume383,142

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

57.37

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering183

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 leans heavily into financials, with nearly half of its portfolio tied to the sector, making names like HSBC and Banco Santander key drivers of performance. HSBC has shown mixed momentum recently, while Banco Santander is rising steadily, buoyed by strong profitability. Rolls-Royce adds a touch of industrial flair, but its performance has been uneven, holding back some gains. Meanwhile, Shopify’s steady climb in the tech space provides a bright spot. Overall, the fund’s international focus offers a diverse mix, but its heavy financial exposure could amplify sector-specific risks.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
RR	Rolls-Royce Holdings	3.53%	$72.72M	£98.25B	122.62%	71 Outperform
HSBA	HSBC Holdings	3.32%	$68.44M	£184.03B	50.32%	79 Outperform
SHOP	Shopify	2.92%	$60.24M	$225.77B	121.98%	―
SAN	Banco Santander	2.67%	$55.05M	€130.00B	111.73%	66 Neutral
RHM	Rheinmetall	2.61%	$53.84M	€78.23B	259.88%	60 Neutral
ALV	Allianz	2.60%	$53.69M	€136.90B	22.26%	74 Outperform
CBA	Commonwealth Bank of Australia	2.45%	$50.54M	AU$285.09B	19.46%	69 Neutral
SMEGF	Siemens Energy	2.38%	$49.08M	$104.54B	191.12%	62 Neutral
BATS	British American Tobacco	2.19%	$45.26M	£84.78B	44.49%	60 Neutral
UCG	UniCredit SpA	2.08%	$42.93M	€98.37B	65.92%	75 Outperform

IDMO Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

53.37

Positive

100DMA

52.17

Positive

200DMA

48.44

Positive

Market Momentum

MACD

0.15

Negative

RSI

55.81

Neutral

STOCH

77.47

Neutral

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 53.53, equal to the 50-day MA of 53.37, and equal to the 200-day MA of 48.44, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 55.81 is Neutral, neither overbought nor oversold. The STOCH value of 77.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IDMO.

IDMO Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
IDMO	―	―	$2.08B	0.25%	67 Neutral
GSIE	―	―	$4.68B	0.25%	65 Neutral
IMTM	―	―	$3.43B	0.30%	67 Neutral
LVHI	―	―	$3.41B	0.40%	69 Neutral
INTF	―	―	$2.72B	0.16%	64 Neutral
PXF	―	―	$2.18B	0.43%	62 Neutral

Performance Comparison

IDMO

Invesco S&P International Developed Momentum ETF

53.91

13.58

33.67%

GSIE

Goldman Sachs ActiveBeta International Equity ETF

―

IMTM

iShares MSCI Intl Momentum Factor ETF

―

LVHI

Legg Mason International Low Volatility High Dividend 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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