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Invesco S&P Emerging Markets Momentum ETF

EEMO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 24 2012
Expense Ratio
0.29%
Type
Global Ex. US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$20,264
AUM
$4,955,779
Associated Index
S&P Momentum Emerging Plus LargeMidCap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

005490
POSCO Holdings Inc
4.70%
2382
Quanta Computer
3.46%
086520
Ecopro Co Ltd
2.45%
500510
Larsen & Toubro Ltd.
2.40%
BBCA
Bank Central Asia Tbk PT
2.16%
532454
Bharti Airtel Ltd.
2.08%
FEMSAUBD
Fomento Economico Mexicano S.A.B. de C.V. - Units (Rep. 1 Series B & 4 Series D Shares)
2.04%
PETR4
Petroleo Brasileiro S.A. Petrobras - PRF PERPETUAL BRL 26.30 - Cls B
2.00%
BBRI
Bank Rakyat Indonesia (Persero) Tbk PT
2.00%
500875
ITC Ltd.
1.94%
Invest with EEMO

What is EEMO?

The Invesco S&P Emerging Markets Momentum ETF (Fund) is based on the S&P Momentum Emerging Plus LargeMidCap Index (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Underlying Index, as well as American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that are based on the securities in the Underlying Index. The Fund anticipates that at times it may invest a significant portion of its investments in ADRs and GDRs that are based on the securities included in the Underlying Index. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of March and September.

ETFs related toEEMO

ETFs correlated to EEMO include EMXC, FEM, DFEV

EEMO
Invesco Capital Management LLC - Invesco S&P Emerging Markets Momentum ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
FEM
First Trust Exchange-Traded Fund III - First Trust Emerging Markets AlphaDEX Fund
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
EMGF
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Equity Factor ETF
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

EEMO is a Global Ex. US Equities ETF. The Invesco S&P Emerging Markets Momentum ETF (Fund) is based on the S&P Momentum Emerging Plus LargeMidCap Index (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Underlying Index, as well as American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that are based on the securities in the Underlying Index. The Fund anticipates that at times it may invest a significant portion of its investments in ADRs and GDRs that are based on the securities included in the Underlying Index. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of March and September.

EEMO tracks the S&P Momentum Emerging Plus LargeMidCap Index.

No, EEMO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EEMO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EEMO is -0.0172%. This is the percent change in the value of EEMO over the most recent 1-month period. The 3-month return on EEMO is 0.0374%. This is the percent change in the value of EEMO over the most recent 3-month period.

The standard deviation of EEMO for the past year is 0.145%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EEMO include PBW, IGF, and ARKK.

ETFs correlated to EEMO include EMXC, FEM, and DFEV.

ETFs that are inversely correlated to EEMO include EDZ, EFZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.