Invesco S&P SmallCap Momentum ETF (XSMO)
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Should Invesco S&P SmallCap Momentum ETF (XSMO) Be on Your Investing Radar?
Launched on March 3, 2005, the Invesco S&P SmallCap Momentum ETF (XSMO) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Growth segment of the US equity market.
XSMO: Outstanding GARP Stats For This Small-Cap Momentum ETF
XSMO has tracked the S&P SmallCap Momentum Index since June 21, 2019, and has delivered a solid 94.27% total return since. One key advantage is its simple-to-understand approach. Twice annually, the Index selects 120 stocks from the S&P SmallCap 600 Index with the best one-year price returns. The Index also ensures larger companies receive an allocation boost. As a result, XSMO's momentum statistics will always be strong. However, its main attraction is its best-in-class combination of growth and value.
Should Invesco S&P SmallCap Momentum ETF (XSMO) Be on Your Investing Radar?
Looking for broad exposure to the Small Cap Growth segment of the US equity market? You should consider the Invesco S&P SmallCap Momentum ETF (XSMO), a passively managed exchange traded fund launched on 03/03/2005.
Invesco S&P SmallCap Momentum ETF (XSMO) FAQ
What is the stock price today?
On which exchange is it traded?
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Does it pay dividends? What is the current yield?
What is its market cap?
Has Invesco S&P SmallCap Momentum ETF ever had a stock split?
Invesco S&P SmallCap Momentum ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is an investment vehicle that primarily targets securities listed in the S&P SmallCap 600® Index, focusing on those with the highest "momentum score." This approach signifies the fund's strategy to concentrate its investments – at least 90% of its total assets – in components that not only are part of this index but also exhibit superior momentum characteristics according to the index provider's methodology. The index provider plays a critical role in this process, adhering to strict guidelines and procedures to compile, maintain, and calculate the underlying index, ensuring the fund's investments are aligned with its stated objectives.
Products and Services
Given the fund's investment strategy, its products and services revolve around the creation of a portfolio that leverages the momentum investing philosophy. This approach involves the following key offerings:
- Targeted Index Investments: The core service of the fund is its focus on investing in securities from the S&P SmallCap 600® Index with the highest momentum scores. This ensures that investors have exposure to small-cap companies likely to exhibit significant price movements, thereby potentially offering higher returns than the broader market.
- Momentum Score Analysis: In line with its strategy, the fund employs a sophisticated analysis to identify the securities with the highest momentum scores. This service is crucial for investors looking for an investment approach that is quantitative, data-driven, and aims to capitalize on market trends.
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