Symbols

XMMO

Invesco S&P Midcap Momentum ETF·ARCA

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Key Stats

Assets Under Management

5.48BUSD

Fund Flows (1Y)

269.34MUSD

Dividend Yield

0.73%

Discount/Premium to NAV

-0.09%

Shares Outstanding

37.40M

Expense Ratio

0.35%

About Invesco S&P Midcap Momentum ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?productId=XMMO&ticker=XMMO&title=invesco-s-p-midcap-momentum-etf

Inception Date

Mar 3, 2005

Structure

Open-Ended Fund

Index Tracked

S&P MidCap 400 Momentum Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

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).