IDMO vs VEFA

IDMOBInvesco S&P International Developed Momentum ETF

VEFACVanEck MSCI EAFE Analyst Sentiment ETF

In short

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.

VEFA Most EAFE factor funds sort on volatility, momentum or quality. VEFA uses a different signal: it tracks an MSCI index that picks developed-market stocks outside the US and Canada on analyst sentiment, holding roughly 110 names.

Stated mandate

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

VEFA The fund seeks to track, before fees and expenses, the price and yield performance of the MSCI EAFE Analyst Sentiment Select Index. That index provides exposure to developed-market companies outside the United States and Canada showing positive analyst-sentiment signals.

Why people hold it

• 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.

• VEFA The screen is the story. Instead of the usual factor menu, the index selects developed ex-US, ex-Canada companies showing positive analyst-sentiment signals, a rules-based read on where the Street is turning.vaneck.com
• 0.30% a year, below the typical fee in its international-factor peer group.
• Roughly 110 stocks, not a thousand. That is a focused expression of the signal rather than a broad EAFE index with a tilt bolted on.

Worth knowing

• 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

• VEFA Launched in 2026, so there is no long record of how closely it hugs its index or how the sentiment screen behaves across a full cycle.
• A small, lightly traded newcomer next to entrenched EAFE factor names like EFAV and IDMO, which can mean wider bid-ask spreads.
• Cheaper shelf-mates exist in the cohort: QLVD at 0.15% and EFAV at 0.20% undercut it, though neither uses an analyst-sentiment screen.

Full IDMO profile⁠

Full VEFA profile⁠