Key stats
About Invesco S&P MidCap Momentum ETF
Expense ratio
0.34%
Home page
Inception date
Mar 3, 2005
XMMO offers a momentum take on US mid-caps culled from the S&P 400. Its index selects 80 names with the highest momentum score, derived from 12-month performance excluding the most recent month and favoring stocks with lower volatility. The index weights the names by a combination of market cap and the momentum score. Prior to June 24, 2019 the fund was quite different. It tracked a Russell growth index under a different name and ticker (PXMG).
Classification
What's in the fund
Exposure type
Producer Manufacturing
Technology Services
Industrial Services
Stock breakdown by region