PortfolioMetrics

XMMO

- Invesco S&P MidCap Momentum ETF

Key Information

Earliest date2005-03-03
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderInvesco
IndexS&P MidCap 400
Expense Ratio0.34%
Number Of Holdings78
Inception Date2005-03-03
Asset ClassEquity
CurrencyUSD
ListingUS-listed
Investment StyleGrowth
Non-leveragedNon-leveraged

About XMMO

The Invesco S&P MidCap Momentum ETF is an equity fund that tracks an index of U.S. mid-cap stocks exhibiting strong price momentum. The fund's strategy involves assessing the percentage change in stock prices over the past 12 months, excluding the most recent month, and adjusting for volatility. The portfolio is weighed based on a combination of companies' market capitalization and momentum scores, providing investors with a tactical approach to mid-cap exposure.