Invesco Bloomberg Pricing Power ETF
Name
As of 10/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
17.9%
1 yr return
29.4%
3 Yr Avg Return
9.2%
5 Yr Avg Return
11.1%
Net Assets
$205 M
Holdings in Top 10
25.9%
52 WEEK LOW AND HIGH
$85.7
$63.22
$85.74
Expenses
OPERATING FEES
Expense Ratio 0.40%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
POWA - Profile
Distributions
- YTD Total Return 17.9%
- 3 Yr Annualized Total Return 9.2%
- 5 Yr Annualized Total Return 11.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco Bloomberg Pricing Power ETF
-
Fund Family NameINVESCOETF
-
Inception DateDec 15, 2006
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund generally will invest at least 80% of its total assets in the securities that comprise the Underlying Index.
Bloomberg Index Services Limited (the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is composed of the securities of U.S. large- and mid-capitalization companies that, in the view of the Index Provider, have historically maintained stable profit margins. The Underlying Index focuses on companies that have the smallest deviations among their annual gross profit margins over the last five years.
In order to be eligible for inclusion in the Underlying Index, a security must be part of the Index Provider’s U.S. large or mid capitalization universe and must have a minimum 90-day average daily value traded of $10 million. Securities that satisfy this eligibility criteria are then screened for inclusion in the Underlying Index based upon four factors, in the order and as described below. Eligible securities must satisfy all four factors to be included in the Underlying Index.
(i) Profitability history – Eligible securities must have positive net profit margin for the previous five years from the selection date;
(ii) Market cap sector ranking – Next, eligible securities are grouped by the Bloomberg Industry Classification System (“BICS”) sector classification, with the top 50 securities by market capitalization within each sector selected. If fewer than 50 securities are in any BICS sector, all securities in such sector are eligible;
(iii) Debt-to-market capitalization ratio – Of the eligible securities that remain, the worst 10% of securities within each BICS sector by their debt-to-market capitalization ratio, as calculated and defined by the Index Provider, are removed; and
(iv) Gross margin stability – Of the remaining eligible securities, the 50 securities with the most stable profit margin (measured by the lowest standard deviation of trailing 12-month gross profit margin for the previous five years) are included in the Underlying Index.
Upon completion of the screening process, the Underlying Index components are equally weighted.
As of October31, 2023, the Underlying Index was comprised of 50 constituents with market capitalizations ranging from $7 billion to $439.8 billion.
The Fund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of August 31, 2023, the Underlying Index had significant exposure to the industrials sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
POWA - Performance
Return Ranking - Trailing
Period | POWA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.9% | N/A | N/A | N/A |
1 Yr | 29.4% | N/A | N/A | N/A |
3 Yr | 9.2%* | N/A | N/A | N/A |
5 Yr | 11.1%* | N/A | N/A | N/A |
10 Yr | 10.8%* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | POWA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.8% | N/A | N/A | N/A |
2022 | -9.0% | N/A | N/A | N/A |
2021 | 23.6% | N/A | N/A | N/A |
2020 | 6.2% | N/A | N/A | N/A |
2019 | 26.5% | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | POWA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.9% | N/A | N/A | N/A |
1 Yr | 29.4% | N/A | N/A | N/A |
3 Yr | 9.2%* | N/A | N/A | N/A |
5 Yr | 11.1%* | N/A | N/A | N/A |
10 Yr | 10.8%* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | POWA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | N/A | N/A | N/A |
2022 | -7.7% | N/A | N/A | N/A |
2021 | 24.9% | N/A | N/A | N/A |
2020 | 7.6% | N/A | N/A | N/A |
2019 | 28.0% | N/A | N/A | N/A |
POWA - Holdings
Concentration Analysis
POWA | Category Low | Category High | POWA % Rank | |
---|---|---|---|---|
Net Assets | 205 M | N/A | N/A | N/A |
Number of Holdings | 54 | N/A | N/A | N/A |
Net Assets in Top 10 | 49.3 M | N/A | N/A | N/A |
Weighting of Top 10 | 25.92% | N/A | N/A | N/A |
Top 10 Holdings
- Invesco Private Prime Fund 5.43%
- Amphenol Corp., Class A 2.43%
- Tractor Supply Co. 2.34%
- DuPont de Nemours, Inc. 2.30%
- Trane Technologies PLC 2.29%
- Mettler-Toledo International Inc. 2.27%
- Archer-Daniels-Midland Co. 2.24%
- Dover Corp. 2.21%
- Best Buy Co., Inc. 2.21%
- Xylem Inc. 2.21%
Asset Allocation
Weighting | Return Low | Return High | POWA % Rank | |
---|---|---|---|---|
Stocks | 99.88% | N/A | N/A | N/A |
Cash | 7.54% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | POWA % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | POWA % Rank | |
---|---|---|---|---|
US | 99.88% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
POWA - Expenses
Operational Fees
POWA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.40% | N/A | N/A | N/A |
Management Fee | 0.40% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
POWA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
POWA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
POWA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
POWA - Distributions
Dividend Yield Analysis
POWA | Category Low | Category High | POWA % Rank | |
---|---|---|---|---|
Dividend Yield | 1.35% | N/A | N/A | N/A |
Dividend Distribution Analysis
POWA | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual |
Net Income Ratio Analysis
POWA | Category Low | Category High | POWA % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
POWA | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 18, 2023 | $1.158 | OrdinaryDividend |
Dec 19, 2022 | $0.981 | OrdinaryDividend |
Dec 20, 2021 | $0.778 | OrdinaryDividend |
Dec 21, 2020 | $0.794 | OrdinaryDividend |
Dec 23, 2019 | $0.648 | OrdinaryDividend |
Dec 24, 2018 | $0.613 | OrdinaryDividend |
Dec 26, 2017 | $0.758 | OrdinaryDividend |
Dec 23, 2016 | $0.848 | OrdinaryDividend |
Dec 24, 2015 | $1.152 | OrdinaryDividend |
Dec 24, 2014 | $0.963 | OrdinaryDividend |
Dec 24, 2013 | $0.787 | OrdinaryDividend |
Dec 24, 2012 | $0.747 | OrdinaryDividend |
Dec 23, 2011 | $0.375 | OrdinaryDividend |
Dec 27, 2010 | $0.388 | OrdinaryDividend |
Dec 24, 2009 | $0.563 | OrdinaryDividend |
Dec 24, 2008 | $0.500 | OrdinaryDividend |
Dec 26, 2007 | $0.410 | OrdinaryDividend |
Dec 22, 2006 | $0.006 | OrdinaryDividend |