Invesco S&P Intl Developed Momentum ETF earns a 'buy' rating for its strong fundamentals and long-term risk-adjusted outperformance versus peers. IDMO trades at an attractive 15.81x trailing earnings, offering compelling value even after factoring in the recent momentum in international value stocks. IDMO has delivered superior risk-adjusted returns over three, five, and ten-year periods, with a Sortino Ratio of 1.08 since its index change.
IDMO: Good Fundamentals And Even Better Performance
Source: Seeking Alpha