XHMO - Developed ex-U.S. High Momentum ETF

  • Issuer: Russell
  • Gold ETF Type:
  • Asset Class: Equity
  • ETF Home Page: view
  • Leverage: No
  • Inverse: No
  • Expense Ratio: 0.25%
  • Inception Date: 2011-11-02
Index: Russell-Axioma Developed ex-U.S. Large Cap High Momentum Index
Index Description: The index is designed to deliver exposure to stocks with high medium-term momentum as determined by a screening and ranking methodology applied to the output of the Axioma AX-WW 2.1 World-Wide ex-USA Equity Factor Risk Model. Medium-term momentum is a measure of a stock's past price performance as measured by cumulative return over the last 250 trading days, excluding the last 20 trading days. Stocks exhibiting high momentum can be used by investors to adjust momentum exposure in a portfolio.

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