I'm Selling My IDMO

  • After a year of strong returns, my analysis now signals it's time to sell the Invesco S&P International Developed Momentum ETF. IDMO underperforms the S&P 500 on both absolute and risk-adjusted returns, with a negative alpha and subpar risk-return metrics. While IDMO offers lower volatility and some diversification benefits, its risk-reward profile and information ratio are disappointing.