CSD - Invesco S&P Spin-Off ETF

Equity - US Equity

Product Details

The Invesco S&P Spin-Off ETF (Fund) is based on the S&P U.S. Spin-Off Index (Index). The Fund will invest at least 80% of its total assets in securities and depositary receipts that comprise the Index. The Index is composed of companies that have been spun off from larger corporations within the past four years. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced monthly.

as of 06/30/2019 06/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P U.S. Spin-Off Index 18.19 -6.26 9.99 N/A N/A N/A
Russell Midcap Index 21.35 7.83 12.16 8.63 15.16 8.42
S&P U.S. Spin-Off Index 18.19 -6.26 9.99 N/A N/A N/A
Russell Midcap Index 21.35 7.83 12.16 8.63 15.16 8.42
Fund History (%)
Fund NAV 17.82 -6.82 9.33 3.03 14.92 6.88
After Tax Held 17.82 -7.09 8.88 2.40 14.44 6.39
After Tax Sold 10.55 -3.97 7.04 2.02 12.39 5.35
Fund Market Price 18.11 -7.12 9.34 3.04 14.92 6.87
Fund NAV 17.82 -6.82 9.33 3.03 14.92 6.88
After Tax Held 17.82 -7.09 8.88 2.40 14.44 6.39
After Tax Sold 10.55 -3.97 7.04 2.02 12.39 5.35
Fund Market Price 18.11 -7.12 9.34 3.04 14.92 6.87

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 the result of a reorganization on April 6, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.

as of 06/30/2019

Growth of $10,000

Data beginning 10 years prior to the ending date of 06/30/2019. Fund performance shown at NAV.

S&P U.S. Spin-Off Index* performance prior to 5/20/2016 reflects that of the original Underlying Index Beacon Spin-Off Index. From 5/20/2016, forward, the Index performance reflects that of the Underlying Index S&P U.S. Spin-Off Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

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 07/19/2019

Sector Allocation

as of 07/19/2019

Top Country Allocation

as of 07/19/2019

Market Cap & Style Allocations

Large-Cap Value 16.88%
Large-Cap Blend 16.06%
Large-Cap Growth 17.22%
Mid-Cap Value 7.83%
Mid-Cap Blend 9.80%
Mid-Cap Growth 14.76%
Small-Cap Value 5.77%
Small-Cap Blend 7.35%
Small-Cap Growth 4.34%

as of 07/19/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
CTVA Corteva Inc 8.03
HPE Hewlett Packard Enterprise Co 7.71
SYF Synchrony Financial 7.62
PYPL PayPal Holdings Inc 7.61
FTV Fortive Corp 7.38
DOW Dow Inc 7.21
LW Lamb Weston Holdings Inc 4.45
CABO Cable One Inc 2.67
WH Wyndham Hotels & Resorts Inc 2.54
VSM Versum Materials Inc 2.52

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/24/2018 12/26/2018 12/31/2018 0.42109 0.42109 - - -
12/26/2017 12/27/2017 12/29/2017 0.31490 0.31490 - - -
12/23/2016 12/28/2016 12/30/2016 0.70200 0.70200 - - -
12/24/2015 12/29/2015 12/31/2015 1.00160 1.00160 - - -
12/24/2014 12/29/2014 12/31/2014 0.73600 0.73600 - - -
12/24/2013 12/27/2013 12/31/2013 0.08500 0.08500 - - -
12/24/2012 12/27/2012 12/31/2012 0.07800 0.07800 - - -
12/23/2011 12/28/2011 12/30/2011 0.11200 0.11200 - - -
12/27/2010 12/29/2010 12/31/2010 0.10700 0.10700 - - -
12/24/2009 12/29/2009 12/31/2009 0.34300 0.34300 - - -
12/24/2008 12/29/2008 12/31/2008 0.42800 0.42800 - - -

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 13 0 0 0 0 0
12/31/2018 63 17 4 1 0 0 0
09/30/2018 63 20 0 0 0 0 0
06/30/2018 64 19 3 0 0 0 0
Year Ended 2018 251 77 10 1 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 37 11 0 0 0 0
12/31/2018 63 27 12 2 0 0 0
09/30/2018 63 41 2 0 0 0 0
06/30/2018 64 40 2 0 0 0 0
Year Ended 2018 251 144 17 2 0 0 0

Fund Inception: 12/15/2006

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.

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

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

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

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

The Russell Midcap Index is an unmanaged index considered representative of mid-cap stocks. The Russell Midcap Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

The Beacon Spin-Off Index is composed of US companies of all sizes that have been spun-off within the past two years – but not more recently than six months prior to the rebalancing date).

"Standard & Poor's" and "S&P" are registered trademarks of Standard & Poor's Financial Services, LLC and have been licensed for use by Invesco Capital Management LLC and its affiliates. Invesco S&P Spin-Off ETF is not sponsored, endorsed, sold, or promoted by Standard & Poor's and Standard & Poor's makes no representation, warranty, or condition regarding the advisability of investing in the product.

as of 07/22/2019
4:15 PM EST

CSD
Intraday Stats

  • Last Trade $49.16
  • Current IIV $49.18
  • Change -$0.24
  • % Change -0.49%
as of 07/19/2019
  • NAV at market close $49.36

as of 07/19/2019

Fund Yield

  • SEC 30 Day Yield 1.13%
  • Distribution Rate 0.85%
  • 12 Month Distribution Rate 0.85%
  • 30-Day SEC Unsubsidized Yield
    as of 07/19/2019
    1.13%
as of 07/19/2019

Prior Close

  • Closing Price $49.41
  • Bid/Ask Midpoint $49.38
  • Bid/Ask Prem/Disc $0.02
  • Bid/Ask Prem/Disc 0.04%
as of 06/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 16.40
  • Price/Book Ratio1 0.03
  • ROE2 15.34%
  • Avg Market Cap2 $22,038MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker CSD
  • CUSIP # 46137V159
  • ISIN US46137V1594
  • Intraday NAV CSDIV
  • Index Ticker SPUSSOUT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.50%
  • Total Expense Ratio 0.65%
  • Fee Waiver 0.01%
  • Net Expense Ratio 0.64%
  • Options No
  • Exchange NYSE Arca
  • Inception Date 12/15/2006
  • # of Holdings 48
    as of 07/19/2019
as of 07/22/2019

Quick Facts

  • Previous Close $49.41
  • Open $49.41
  • Today's High $49.49
  • Today's Low $49.16
  • Today's Volume 24,552
  • 3,648 30-Day Avg Trading
    Volume
  • 52 Week High $56.70
  • 52 Week Low $39.49
  • Shares Outstanding 2.75MM
  • Market Value $135.7MM