FYLD vs IDMO

FYLDCCambria Foreign Shareholder Yield ETF

IDMOBInvesco S&P International Developed Momentum ETF

In short

FYLD Most international income funds stop at dividends. FYLD screens developed-market companies returning cash three ways: dividends, share buybacks and debt paydown, then leans toward the cheap ones.

IDMO Momentum, exported. IDMO owns the developed-market stocks outside the US that have been winning, refreshes the list twice a year, and charges 0.25% for it, well under the typical international factor fund.

Stated mandate

FYLD The fund targets international companies that return cash to investors through dividends, share buybacks, and debt reduction, collectively described as shareholder yield.

IDMO The Fund seeks to track an international developed-markets momentum index by investing primarily in its constituent securities.

Why people hold it

• FYLD Shareholder yield counts dividends, buybacks and debt paydown, so a company quietly retiring stock or borrowings can qualify without a headline dividend.sec.gov
• Actively managed rather than index-tracking, pairing the yield ranking with value and quality screens instead of a fixed rulebook.sec.gov
• Running since 2013, the developed-markets sibling of Cambria's original shareholder-yield ETF: roughly 100 names, several hundred million in assets, quarterly payouts.cambriafunds.com

• IDMO 0.25% a year against a 0.41% median for international factor funds. Cheap for a rules-based strategy that reshuffles far more than a plain index.
• Pure ex-US momentum: the index tracks developed-market names showing persistence in relative performance, and rebalances the third Friday of March and September.spglobal.cominvesco.com
• Its peer group leans defensive (min-vol and quality builds like EFAV, ACWV, QLVD). IDMO is the one leaning into strength, and it sits in the top quartile of that group.
• Roughly 190 stocks, a multi-billion-dollar asset base, moderate daily trading, quarterly distributions.

Worth knowing

• FYLD At 0.59% a year it costs more than the typical international factor fund; index-built peers like QLVD (0.15%) and EFAV (0.20%) charge far less.
• The value-and-yield screen builds a portfolio that can look nothing like a standard developed-markets index in sector, size and country mix.cambriafunds.com
• Volume is moderate rather than mega-fund heavy, so spreads can widen at the edges of the trading day.

• IDMO Momentum can go cold. Invesco's documents flag the risk that returns on stocks with past price momentum trail other investing styles.invesco.com
• The semi-annual reshuffle drives frequent portfolio trading, which fund documents call out directly.invesco.com
• Nothing forces geographic balance, so the book can lean hard on Japan or the EU; the prospectus notes such concentration tends to be more volatile.invesco.com

Full FYLD profile⁠

Full IDMO profile⁠