The Invesco S&P MidCap Momentum ETF (Fund) is based on the S&P Midcap 400 Momentum Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities with 80 securities in the S&P Midcap 400 Index having the h...
The current price of XMMO is $168.01 USD — it has increased by +0.99% in the past 24 hours.
The monthly change is a +7.14% rise. Over the last year, XMMO has showed a +34.74% increase.
XMMO assets under management is $7.2B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XMMO expense ratio is 0.35%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
XMMO shares are issued by Invesco.
Yes, XMMO pays a dividend yield of 0.61%.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like XMMO to protect their purchasing power. Because XMMO is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.