Invesco S&P International Developed Momentum ETF (IDMO)
IDMO: A Buy For Investors Seeking Momentum Abroad
The Invesco S&P Intl Developed Momentum ETF (IDMO) offers disciplined, rules-based international momentum exposure, diverging from traditional market-cap-weighted ETFs. I rate IDMO a BUY for investors seeking dedicated momentum exposure or to complement broad international ETFs, as long as they can accept higher turnover, concentration, and tracking error. IDMO's adaptive sector allocation currently favors Financials and Industrials, with a 3.45% yield driven by recent momentum trends and a 0.25% expense ratio.
IDMO Vs. EFA: Momentum Investing Shows Great Track Record Thus A Strong Buy
I compare iShares MSCI EAFE ETF and Invesco S&P Intl Developed Momentum ETF for international developed market exposure. EFA tracks the MSCI EAFE Index, offering broad diversification across 21 developed markets, with Japan and the UK comprising nearly 40% of assets. EFA's sector allocation differs from US large-cap ETFs, with technology not leading; the fund yields 3.1% and has consistently grown distributions.
The International ETF for Investors Looking Beyond U.S. Stocks
You'll have a hard time finding an international ETF with better long-term returns than this one.
Foresight Capital Management Advisors Inc. Has $5.51 Million Stock Position in Invesco S&P International Developed Momentum ETF $IDMO
Foresight Capital Management Advisors Inc. increased its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 112.5% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,107 shares of the company's stock after purchasing an additional 52,469 shares during
Able Wealth Management LLC Acquires 24,446 Shares of Invesco S&P International Developed Momentum ETF $IDMO
Able Wealth Management LLC boosted its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 14.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 188,654 shares of the company's stock after purchasing an additional 24,446 shares during the period. Invesco S&P
IDMO: Confirmed As A Leading International Momentum ETF
Invesco S&P International Developed Momentum ETF offers exposure to high-momentum, large-cap stocks across developed markets, excluding the United States. IDMO has outperformed a benchmark and peer momentum ETFs, delivering superior risk-adjusted returns. The fund is notably overweight financials (50.8%), introducing systemic risk, but remains geographically diversified with top allocations to Canada, the U.K., and Germany.
D Orazio & Associates Inc. Boosts Stock Position in Invesco S&P International Developed Momentum ETF $IDMO
D Orazio and Associates Inc. increased its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 347.3% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,529 shares of the company's stock after acquiring an additional 168,892 shares during
Ameritas Advisory Services LLC Has $591,000 Holdings in Invesco S&P International Developed Momentum ETF $IDMO
Ameritas Advisory Services LLC reduced its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 62.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,953 shares of the company's stock after selling 18,605 shares during the quarter.
Envestnet Asset Management Inc. Increases Stake in Invesco S&P International Developed Momentum ETF $IDMO
Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 26.0% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 427,428 shares of the company's stock after purchasing an additional 88,151 shares during
Atria Investments Inc Boosts Stake in Invesco S&P International Developed Momentum ETF $IDMO
Atria Investments Inc boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 47.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 109,644 shares of the company's stock after purchasing an additional 35,361 shares during the quarter. Atria Investments
Invesco S&P International Developed Momentum ETF $IDMO Position Increased by Drake & Associates LLC
Drake and Associates LLC increased its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 24.0% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 417,389 shares of the company's stock after purchasing an additional 80,735 shares during
Invesco S&P International Developed Momentum ETF $IDMO Shares Purchased by Commonwealth Equity Services LLC
Commonwealth Equity Services LLC grew its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 72.5% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 266,857 shares of the company's stock after purchasing an additional 112,176 shares during
Sowell Financial Services LLC Makes New Investment in Invesco S&P International Developed Momentum ETF $IDMO
Sowell Financial Services LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 67,391 shares of the company's stock, valued at approximately $3,638,000. Sowell Financial
Invesco S&P International Developed Momentum ETF $IDMO Shares Bought by Cwm LLC
Cwm LLC raised its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 23.5% in the undefined quarter, according to its most recent filing with the SEC. The fund owned 416,882 shares of the company's stock after purchasing an additional 79,410 shares during the period. Cwm LLC owned 1.11% of Invesco
Daner Wealth Management LLC Invests $691,000 in Invesco S&P International Developed Momentum ETF $IDMO
Daner Wealth Management LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,119 shares of the company's stock, valued at approximately $691,000. Daner Wealth Management LLC owned about
IDMO: A Potential Core Of A (Truly) Ex-U.S. Competitive Portfolio
IDMO is a momentum ETF that seeks to represent developed market stocks excluding the U.S. In my opinion, it interfaces well within a diversified portfolio; almost 50% of the portfolio is in financials, which is an anomaly compared to classic global ETFs. It seems to have had competitive performance compared to other ETFs such as EFA and other ex. US ETFs.
Defense Spending Could Keep Momentum on This ETF's Side
The momentum factor is helping to propel strength in international equities. So defense spending, especially in Europe, could keep momentum on the side of the Invesco S&P International Developed Momentum ETF (IDMO).
IDMO Brings Momentum Factor to International Stocks
Investors enjoying the pairing of domestic stocks and the momentum factor are likely familiar with some related ETFs. This includes the Invesco S&P 500 Momentum ETF (SPMO).
I'm Selling My IDMO
After a year of strong returns, my analysis now signals it's time to sell the Invesco S&P International Developed Momentum ETF. IDMO underperforms the S&P 500 on both absolute and risk-adjusted returns, with a negative alpha and subpar risk-return metrics. While IDMO offers lower volatility and some diversification benefits, its risk-reward profile and information ratio are disappointing.
IDMO: A Tactical Play For Short-Term Gains With Long-Term Risks
Invesco S&P International Developed Momentum ETF offers momentum exposure with a 0.25% expense ratio, suitable for tactical rather than core holdings due to high turnover. IDMO's portfolio, based on the S&P World Ex-U.S. Momentum Index, is growth-tilted and rebalanced semi-annually, leading to higher volatility in downturns. While the Fund may outperform in bull markets, its high turnover ratio and trading expenses could hinder long-term performance compared to more stable ETFs like VEA.