Symbols

XSMO

Invesco S&P SmallCap Momentum ETF·NYSE

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Key Stats

Assets Under Management

2.35BUSD

Fund Flows (1Y)

539.16MUSD

Dividend Yield

0.67%

Discount/Premium to NAV

0.04%

Shares Outstanding

29.27M

Expense Ratio

0.36%

About Invesco S&P SmallCap Momentum ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=XSMO&ticker=XSMO&title=invesco-s-p-smallcap-momentum-etf

Inception Date

Mar 3, 2005

Structure

Open-Ended Fund

Index Tracked

S&P SmallCap 600 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.

XSMO offers a momentum take on US small-caps culled from the S&P SmallCap 600, a market-cap-weighted index that consists of US small-cap companies screened for size, liquidity, and financial viability. The underlying index selects approximately 120 names with the highest momentum score, derived from 12-month performance excluding the most recent month and favors stocks with lower volatility. Selected securities are weighted by a combination of market cap and momentum score, and are constrained such that individual securities will not exceed 9% weight of the portfolio and three times its market cap in the index universe. Prior to June 24, 2019 the fund tracked a Russell growth index under a different name and ticker (PXSG).