Exchange-Traded Funds

IDLV - Invesco S&P International Developed Low Volatility ETF

Equity - International and Global Equity

Product Details

The Invesco S&P International Developed Low Volatility ETF (the "Fund") is based on the S&P BMI International Developed Low Volatility Index (the "Index"). The Fund generally will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's Dow Jones Industrial measures the realized volatility of the Index's 200 constituents over the trailing 12 months and weights constituents so that the least volatile stocks receive the highest weights. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 04/30/2019

Factor DNATM

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Factor score methodology

Factor scores are calculated for every stock within the starting universe, Russell 3000 Index and Russell Global ex-US Index. Factor scores are normalized using z-scores with a mean of zero and a standard deviation of one. A normalized score is then calculated for both the fund and index shown based on the weighted average normalized scores of their underlying stocks. The Factor DNATM chart plots the difference in the fund's normalized score for each factor, in standard deviations, relative to the index shown with a range of -1.5 to 1.5. The index shown serves as the baseline and is plotted at zero.

See notes below for factor definitions.

Try the Factor eXposure Tool
Factor definitions

Low volatility – Annualized 252-day standard deviation of the stock’s price. Lower standard deviations receive a higher factor exposure score. Dividend yield – Total dividends paid by the stock over the past 12 months divided by its current price. Quality – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (return on equity - accruals ratio - debt to common equity) / three. Value – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (earnings/price + book value/price + sales/price) / three. Momentum – 12-month return excluding the most recent month. The return is risk adjusted using the standard deviation of daily price returns over the past year. Small size – Stock's market capitalization in USD. Lower market capitalization companies receive a higher factor exposure score.

as of 04/30/2019

Factor DNATM

Financial Professionals - Log in to view the fund’s Factor DNATM chart

Factor score methodology

Factor scores are calculated for every stock within the starting universe, Russell 3000 Index and Russell Global ex-US Index. Factor scores are normalized using z-scores with a mean of zero and a standard deviation of one. A normalized score is then calculated for both the fund and index shown based on the weighted average normalized scores of their underlying stocks. The Factor DNATM chart plots the difference in the fund's normalized score for each factor, in standard deviations, relative to the index shown with a range of -1.5 to 1.5. The index shown serves as the baseline and is plotted at zero.

See notes below for factor definitions.

Try the Factor eXposure Tool
Factor definitions

Low volatility – Annualized 252-day standard deviation of the stock’s price. Lower standard deviations receive a higher factor exposure score. Dividend yield – Total dividends paid by the stock over the past 12 months divided by its current price. Quality – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (return on equity - accruals ratio - debt to common equity) / three. Value – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (earnings/price + book value/price + sales/price) / three. Momentum – 12-month return excluding the most recent month. The return is risk adjusted using the standard deviation of daily price returns over the past year. Small size – Stock's market capitalization in USD. Lower market capitalization companies receive a higher factor exposure score.

as of 04/30/2019

Morningstar Rating

Overall Rating - Foreign Large Blend Category

As of 04/30/2019 the Fund had an overall rating of 4 stars out of 618 funds and was rated 3 stars out of 618 funds, 5 stars out of 496 funds and N/A stars out of N/A funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2019 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

as of 04/30/2019 03/31/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P BMI International Developed Low Volatility Index 10.20 3.03 6.91 4.21 N/A 7.45
MSCI EAFE Index 9.98 -3.71 7.27 2.33 8.96 6.95
S&P BMI International Developed Low Volatility Index 10.95 2.12 6.63 3.78 N/A 7.46
MSCI EAFE Index 13.07 -3.22 7.24 2.60 7.95 7.27
Fund History (%)
Fund NAV 10.18 3.19 6.88 4.15 N/A 7.35
After Tax Held 9.98 2.18 5.86 3.20 N/A 6.52
After Tax Sold 6.03 2.43 5.14 3.05 N/A 5.73
Fund Market Price 10.45 2.88 6.94 4.08 N/A 7.31
Fund NAV 10.95 2.48 6.60 3.72 N/A 7.36
After Tax Held 10.76 1.49 5.58 2.78 N/A 6.54
After Tax Sold 6.48 2.00 4.92 2.70 N/A 5.75
Fund Market Price 11.36 2.98 6.73 3.65 N/A 7.34

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 03/31/2019

Growth of $10,000

Data beginning Fund inception and ending 03/31/2019. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 05/24/2019

Sector Allocation

as of 05/24/2019

Top Country Allocation

as of 05/23/2019

Market Cap & Style Allocations

Large-Cap Value 23.64%
Large-Cap Blend 23.76%
Large-Cap Growth 17.31%
Mid-Cap Value 13.90%
Mid-Cap Blend 15.60%
Mid-Cap Growth 4.84%
Small-Cap Value -
Small-Cap Blend 0.50%
Small-Cap Growth 0.45%

as of 05/24/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
T TELUS Corp 0.81
REI-U RioCan Real Estate Investment Trust 0.78
8964 Frontier Real Estate Investment Corp 0.74
8961 Mori Trust Sogo Reit Inc 0.74
NA National Bank of Canada 0.73
TD Toronto-Dominion Bank/The 0.72
8954 Orix JREIT Inc 0.70
8960 United Urban Investment Corp 0.69
BMO Bank of Montreal 0.68
BCE BCE Inc 0.68

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
03/18/2019 03/19/2019 03/29/2019 0.14207 0.14207 - - -
12/24/2018 12/26/2018 12/31/2018 0.32526 0.32526 - - -
09/24/2018 09/25/2018 09/28/2018 0.27172 0.27172 - - -
06/18/2018 06/19/2018 06/29/2018 0.48107 0.48107 - - -
03/19/2018 03/20/2018 03/29/2018 0.09791 0.09791 - - -
12/18/2017 12/19/2017 12/29/2017 0.45985 0.45985 - - -
09/18/2017 09/19/2017 09/29/2017 0.21039 0.21039 - - -
06/16/2017 06/20/2017 06/30/2017 0.31199 0.31199 - - -
03/17/2017 03/21/2017 03/31/2017 0.04375 0.04375 - - -
12/16/2016 12/20/2016 12/30/2016 0.50958 0.50958 - - -
09/16/2016 09/20/2016 09/30/2016 0.20992 0.20992 - - -
06/17/2016 06/21/2016 06/30/2016 0.33351 0.33351 - - -
03/18/2016 03/22/2016 03/31/2016 0.06222 0.06222 - - -
12/18/2015 12/22/2015 12/31/2015 0.50465 0.50465 - - -
09/18/2015 09/22/2015 09/30/2015 0.17322 0.17322 - - -
06/19/2015 06/23/2015 06/30/2015 0.34899 0.34899 - - -
03/20/2015 03/24/2015 03/31/2015 0.09609 0.09609 - - -
12/19/2014 12/23/2014 12/31/2014 0.29763 0.29763 - - -
09/19/2014 09/23/2014 09/30/2014 0.17781 0.17781 - - -
06/20/2014 06/24/2014 06/30/2014 0.40646 0.40646 - - -
03/21/2014 03/25/2014 03/31/2014 0.12421 0.12421 - - -
12/20/2013 12/24/2013 12/31/2013 0.30526 0.30526 - - -
09/20/2013 09/24/2013 09/30/2013 0.16484 0.16484 - - -
06/21/2013 06/25/2013 06/28/2013 0.21146 0.21146 - - -
03/15/2013 03/19/2013 03/28/2013 0.09661 0.09661 - - -
12/21/2012 12/26/2012 12/31/2012 0.35054 0.35054 - - -
09/21/2012 09/25/2012 09/28/2012 0.10349 0.10349 - - -
06/15/2012 06/19/2012 06/29/2012 0.11994 0.11994 - - -
03/16/2012 03/20/2012 03/30/2012 0.13046 0.13046 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2019 61 26 16 3 0 0 0
12/31/2018 63 23 12 3 0 0 0
09/30/2018 63 20 2 1 0 0 0
06/30/2018 64 18 5 1 0 0 0
Year Ended 2018 251 77 34 10 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2019 61 14 2 0 0 0 0
12/31/2018 63 14 10 1 0 0 0
09/30/2018 63 28 11 1 0 0 0
06/30/2018 64 24 13 3 0 0 0
Year Ended 2018 251 83 40 7 0 0 0

Fund Inception: 01/13/2012

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Investments focused in a particular sector, such as financial, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

There is no assurance that the Fund will provide low volatility.

The performance of an investment concentrated in issuers of a certain region or country is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

The MSCI EAFE® Index is an unmanaged index considered representative of stocks of Europe, Australasia and the Far East. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco Capital Management LLC. The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

as of 05/24/2019
4:15 PM EST

IDLV
Intraday Stats

  • Last Trade $33.38
  • Current IIV $33.32
  • Change $0.30
  • % Change 0.91%
as of 05/24/2019
  • NAV at market close $33.28

as of 05/24/2019

Fund Yield

  • SEC 30 Day Yield 3.04%
  • Distribution Rate 1.71%
  • 12 Month Distribution Rate 3.67%
  • 30-Day SEC Unsubsidized Yield
    as of 05/23/2019
    2.88%
as of 05/24/2019

Prior Close

  • Closing Price $33.08
  • Bid/Ask Midpoint $33.41
  • Bid/Ask Prem/Disc $0.13
  • Bid/Ask Prem/Disc 0.39%
as of 03/31/2019

Fund Characteristics

  • Price/Earnings Ratio1 17.84
  • Price/Book Ratio1 1.49
  • ROE2 15.14%
  • Avg Market Cap2 $26,347MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker IDLV
  • CUSIP # 46138E230
  • ISIN US46138E2303
  • Intraday NAV IDLVIV
  • Index Ticker SPIDLVUN
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.35%
  • Total Expense Ratio 0.35%
  • Fee Waiver 0.10%
  • Net Expense Ratio 0.25%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 01/13/2012
  • # of Holdings 199
    as of 05/24/2019
as of 05/24/2019

Quick Facts

  • Previous Close $33.08
  • Open $33.32
  • Today's High $33.43
  • Today's Low $33.29
  • Today's Volume 58,279
  • 104,355 30-Day Avg Trading
    Volume
  • 52 Week High $33.57
  • 52 Week Low $29.12
  • Shares Outstanding 23.40MM
  • Market Value $778.9MM