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Name

As of 09/05/2024

Price

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

Invesco S&P MidCap Value with Momentum ETF

XMVM | ETF

$53.60

$204 M

1.19%

$0.64

0.41%

Vitals

YTD Return

7.1%

1 yr return

15.5%

3 Yr Avg Return

6.4%

5 Yr Avg Return

13.3%

Net Assets

$204 M

Holdings in Top 10

30.9%

52 WEEK LOW AND HIGH

$54.0
$42.65
$56.52

Expenses

OPERATING FEES

Expense Ratio 0.41%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 78.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 09/05/2024

Price

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

Invesco S&P MidCap Value with Momentum ETF

XMVM | ETF

$53.60

$204 M

1.19%

$0.64

0.41%

XMVM - Profile

Distributions

  • YTD Total Return 7.1%
  • 3 Yr Annualized Total Return 6.4%
  • 5 Yr Annualized Total Return 13.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.09%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco S&P MidCap Value with Momentum ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Mar 03, 2005
  • Shares Outstanding
    5770000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Hubbard

Fund Description

The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (“S&P DJI” or the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of 80 stocks in the S&P MidCap 400® Index (the “Parent Index”) that have relatively high “value” and “momentum” scores. In general, a value stock tends to trade at a lower price relative to its company’s fundamentals and thus may be considered undervalued by
investors and momentum is the tendency of an investment to exhibit persistence in its relative performance. A “momentum style” of investing emphasizes investing in securities that have had better recent performance compared to other securities.
In selecting constituent securities for the Underlying Index, the Index Provider first calculates the value score of each stock in the Parent Index by evaluating each stock’s: (i) book value-to-price ratio, calculated using the company’s latest book value per share divided by its price; (ii) earnings-to-price ratio, calculated using the company’s trailing 12-month earnings per share divided by its price; and (iii) sales-to-price ratio, calculated using the company’s trailing 12-month sales per share divided by its price.
The Index Provider selects the 160 securities with the highest-ranking value scores and ranks them by momentum score. A security’s momentum score is based on upward price movements of the security as compared to other eligible securities within the remaining constituent universe. The Index Provider calculates a security's momentum score by evaluating the percentage change in the stock’s price over the last 12 months, excluding the most recent month, and applying an adjustment based on the security’s volatility over that period. After ranking the remaining constituent universe by momentum score, the Index Provider generally selects the 80 highest-ranking securities for inclusion in the Underlying Index. The component securities are weighted by value score.
As of June 30, 2024, the Underlying Index was comprised of 80 constituents with market capitalizations ranging from $2.4 billion to $16.4 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.
The Fund intends to be “diversified,” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), to the extent that the Underlying Index is diversified. The Fund may become “non-diversified” as defined in the 1940 Act solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. Should the Fund become “non-diversified,” it will no longer be required to meet certain diversification requirements under the 1940 Act and may invest a greater portion of its assets in securities of a small group of issuers or in any one individual issuer than can a diversified fund. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status solely due to a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. In seeking to track the Underlying Index, the Fund was managed as diversified as of April 30, 2024.
Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total 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.
Read More

XMVM - Performance

Return Ranking - Trailing

Period XMVM Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% 1.8% 19.1% 79.56%
1 Yr 15.5% -3.5% 31.0% 75.20%
3 Yr 6.4%* -2.7% 14.5% 46.96%
5 Yr 13.3%* 0.5% 18.0% 11.36%
10 Yr 9.0%* 0.9% 11.3% 13.90%

* Annualized

Return Ranking - Calendar

Period XMVM Return Category Return Low Category Return High Rank in Category (%)
2023 14.3% -11.3% 33.3% 13.93%
2022 -9.9% -41.6% 2.3% 20.72%
2021 33.6% -41.5% 44.9% 3.32%
2020 3.7% -29.0% 22.1% 26.76%
2019 28.0% -8.1% 31.2% 5.52%

Total Return Ranking - Trailing

Period XMVM Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% 1.8% 19.1% 79.56%
1 Yr 15.5% -3.5% 31.0% 75.20%
3 Yr 6.4%* -2.7% 14.5% 46.96%
5 Yr 13.3%* 0.5% 18.0% 11.36%
10 Yr 9.0%* 0.9% 11.3% 13.90%

* Annualized

Total Return Ranking - Calendar

Period XMVM Return Category Return Low Category Return High Rank in Category (%)
2023 16.3% -3.7% 36.5% 21.86%
2022 -8.2% -35.0% 2.4% 52.49%
2021 35.2% 6.2% 48.3% 7.48%
2020 5.7% -22.9% 23.2% 27.89%
2019 30.4% -3.0% 35.7% 15.99%

XMVM - Holdings

Concentration Analysis

XMVM Category Low Category High XMVM % Rank
Net Assets 204 M 991 K 28 B 77.11%
Number of Holdings 81 8 2423 49.05%
Net Assets in Top 10 66 M 221 K 5.55 B 70.30%
Weighting of Top 10 30.93% 5.1% 100.3% 21.25%

Top 10 Holdings

  1. Invesco Private Prime Fund 8.48%
  2. PBF Energy Inc., Class A 3.41%
  3. Invesco Private Government Fund 3.30%
  4. Avnet, Inc. 2.58%
  5. Arrow Electronics, Inc. 2.32%
  6. HF Sinclair Corp. 2.32%
  7. TD SYNNEX Corp. 2.25%
  8. AutoNation, Inc. 2.25%
  9. Taylor Morrison Home Corp., Class A 2.03%
  10. CNX Resources Corp. 2.00%

Asset Allocation

Weighting Return Low Return High XMVM % Rank
Stocks 		100.00% 56.67% 102.66% 4.36%
Cash 		11.85% 0.00% 38.75% 2.45%
Preferred Stocks 		0.00% 0.00% 1.48% 25.07%
Other 		0.00% -0.10% 7.30% 43.32%
Convertible Bonds 		0.00% 0.00% 0.02% 16.44%
Bonds 		0.00% 0.00% 25.59% 18.80%

Stock Sector Breakdown

Weighting Return Low Return High XMVM % Rank
Financial Services 		35.23% 0.00% 60.11% 1.10%
Basic Materials 		14.79% 0.00% 23.88% 1.10%
Consumer Cyclical 		14.29% 0.00% 29.62% 17.81%
Industrials 		14.01% 0.00% 29.02% 60.82%
Technology 		12.22% 0.00% 30.07% 17.53%
Consumer Defense 		4.19% 0.00% 33.79% 74.79%
Healthcare 		2.27% 0.00% 32.47% 96.16%
Communication Services 		1.41% 0.00% 19.80% 70.14%
Energy 		0.84% 0.00% 29.17% 94.79%
Real Estate 		0.74% 0.00% 40.74% 90.14%
Utilities 		0.00% 0.00% 24.69% 92.05%

Stock Geographic Breakdown

Weighting Return Low Return High XMVM % Rank
US 		100.00% 56.67% 102.66% 4.36%
Non US 		0.00% 0.00% 34.31% 35.42%

XMVM - Expenses

Operational Fees

XMVM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.41% 0.01% 16.92% 93.73%
Management Fee 0.29% 0.00% 1.20% 4.90%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

XMVM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

XMVM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

XMVM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 78.00% 0.00% 227.00% 82.39%

XMVM - Distributions

Dividend Yield Analysis

XMVM Category Low Category High XMVM % Rank
Dividend Yield 1.19% 0.00% 22.79% 55.74%

Dividend Distribution Analysis

XMVM Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual SemiAnnual Annual

Net Income Ratio Analysis

XMVM Category Low Category High XMVM % Rank
Net Income Ratio 1.09% -1.84% 4.73% 27.47%

Capital Gain Distribution Analysis

XMVM Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

XMVM - Fund Manager Analysis

Managers

Peter Hubbard

Start Date

Tenure

Tenure Rank

Jun 01, 2007

15.01

15.0%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Michael Jeanette

Start Date

Tenure

Tenure Rank

Aug 31, 2008

13.76

13.8%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser

Start Date

Tenure

Tenure Rank

Aug 29, 2014

7.76

7.8%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Pratik Doshi

Start Date

Tenure

Tenure Rank

Aug 28, 2020

1.76

1.8%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.2 10.92

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