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 delivered solid gains so far this year and over the past few months, showing positive momentum.
Momentum in Top Holdings
Several of the largest positions, including major banks and technology-related names, have shown strong price performance, helping drive the fund’s returns.
Broad International Diversification
The fund spreads its investments across many developed countries such as Japan, the UK, Spain, Canada, and others, reducing reliance on any single market.
Negative Factors
Heavy Tilt to Financials
A large share of the portfolio is in financial stocks, which means the fund is more exposed to risks specific to banks and financial institutions.
Concentration in a Few Countries
Significant weights in markets like Japan, the UK, and Spain mean that economic or political issues in these countries could have an outsized impact on the ETF.
Moderate Expense Ratio
While not extremely high, the fund’s fees are not at the very low end of the ETF market, which slightly reduces the net return to investors over time.
IDMO vs. SPDR S&P 500 ETF (SPY)
AUM4.21B
RegionDeveloped Markets
Expense Ratio0.25%
Beta0.88
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. Volume365,551
30 Day Avg. Volume382,208
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
68.68Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering191
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IDMO Summary
IDMO is the Invesco S&P International Developed Momentum ETF, which follows the S&P World Ex-U.S. Momentum Index. It focuses on stocks from developed countries outside the U.S., with big exposure to places like Japan, the UK, and Europe. The fund mainly holds financial and industrial companies, including well-known names like HSBC Holdings and Toronto-Dominion Bank. Investors might consider IDMO to add international diversification and to try to benefit from stocks that have been trending upward in price. A key risk is that momentum stocks can be volatile and the ETF 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 leaning heavily on global banks, with HSBC, Toronto-Dominion, and Banco Santander doing most of the heavy lifting as financials dominate the portfolio and keep performance rising. European lenders like BBVA and UniCredit add to that momentum, though they bring a bit of volatility along for the ride. Outside finance, Rolls-Royce has been a steady engine, while Siemens Energy and Iberdrola show more mixed signals. Advantest, a Japanese chip-testing name, has recently lost some steam, reminding investors that this ex-U.S. developed-markets fund isn’t just about banks, but still very much driven by them.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HSBC Holdings | 5.04% | $208.50M | £270.81B | 72.84% | 80 Outperform | |
| Banco Santander | 4.32% | $178.85M | €180.75B | 65.23% | 73 Outperform | |
| Toronto Dominion Bank | 4.09% | $169.35M | $202.33B | 64.87% | 74 Outperform | |
| Banco Bilbao Vizcaya Argentaria | 2.97% | $123.01M | €134.72B | 62.38% | 76 Outperform | |
| Rolls-Royce Holdings | 2.70% | $111.81M | £122.32B | 39.31% | 71 Outperform | |
| Advantest | 2.34% | $96.96M | ¥22.67T | 191.12% | 75 Outperform | |
| Iberdrola | 2.09% | $86.67M | €136.18B | 33.66% | 67 Neutral | |
| Siemens Energy | 2.00% | $82.60M | €125.61B | 43.25% | 72 Outperform | |
| UniCredit SpA | 1.95% | $80.63M | €123.06B | 29.92% | 75 Outperform | |
| Bank Of Nova Scotia | 1.70% | $70.44M | C$151.56B | 57.71% | 77 Outperform |
IDMO Technical Analysis
Positive
―
Price Trends
59.78
Positive
58.62
Positive
56.77
Positive
Market Momentum
0.54
Negative
60.39
Neutral
93.16
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 60.09, equal to the 50-day MA of 59.78, and equal to the 200-day MA of 56.77, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 60.39 is Neutral, neither overbought nor oversold. The STOCH value of 93.16 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
62.05
11.89
23.70%
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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