Exchange-Traded Funds

HAO - Invesco China Small Cap ETF

Equity - International and Global Equity

Product Details

The Invesco China Small Cap ETF is based on the AlphaShares China Small Cap Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index. The Index is designed to measure and monitor the performance of publicly-traded mainland China-based small-cap companies with a maximum $1.5 billion float adjusted market capitalization. The Fund and the Index are rebalanced annually.

as of 09/30/2018 09/30/2018

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
AlphaShares China Small Cap Index -9.50 -5.13 8.50 3.37 8.37 3.16
MSCI China Index -9.12 -2.20 13.69 7.85 8.26 4.14
AlphaShares China Small Cap Index -9.50 -5.13 8.50 3.37 8.37 3.16
MSCI China Index -9.12 -2.20 13.69 7.85 8.26 4.14
Fund History (%)
Fund NAV -9.94 -5.69 8.10 4.76 8.46 2.98
After Tax Held -9.94 -7.08 6.48 3.43 7.52 2.14
After Tax Sold -5.88 -3.37 5.49 3.05 6.43 1.93
Fund Market Price -9.94 -6.43 8.11 4.66 8.25 2.92
Fund NAV -9.94 -5.69 8.10 4.76 8.46 2.98
After Tax Held -9.94 -7.08 6.48 3.43 7.52 2.14
After Tax Sold -5.88 -3.37 5.49 3.05 6.43 1.93
Fund Market Price -9.94 -6.43 8.11 4.66 8.25 2.92

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 May 18, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.


as of 09/30/2018

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2018. 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 10/18/2018

Sector Allocation

as of 10/18/2018 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MOMO Momo Inc ADR 2.73
2269 Wuxi Biologics Cayman Inc 2.09
2098 Zall Smart Commerce Group Ltd 1.70
1313 China Resources Cement Holdings Ltd 1.32
1066 Shandong Weigao Group Medical Polymer Co Ltd 1.22
2899 Zijin Mining Group Co Ltd 1.22
552 China Communications Services Corp Ltd 1.19
152 Shenzhen International Holdings Ltd 1.10
1171 Yanzhou Coal Mining Co Ltd 1.04
2357 AviChina Industry & Technology Co Ltd 1.01

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/26/2017 12/27/2017 12/29/2017 1.04930 1.04930 - - -
12/23/2016 12/28/2016 12/30/2016 0.75530 0.75530 - - -
12/24/2015 12/29/2015 12/31/2015 0.93860 0.93860 - - -
12/24/2014 12/29/2014 12/31/2014 0.58600 0.58600 - - -
12/24/2013 12/27/2013 12/31/2013 0.54700 0.54700 - - -
12/24/2012 12/27/2012 12/31/2012 0.31400 0.31400 - - -
12/23/2011 12/28/2011 12/30/2011 0.62000 0.62000 - - -
12/27/2010 12/29/2010 12/31/2010 0.44300 0.44300 - - -
12/24/2009 12/29/2009 12/31/2009 0.03000 0.03000 - - -
12/24/2008 12/29/2008 12/31/2008 0.09500 0.09500 - - -

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%
09/30/2018 63 11 5 3 1 0 0
06/30/2018 64 10 1 6 0 1 1
03/31/2018 61 10 4 10 0 0 1
12/31/2017 63 11 4 3 0 0 0
Year Ended 2017 251 28 7 5 0 0 1
    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%
09/30/2018 63 10 5 19 8 0 1
06/30/2018 64 11 10 9 11 4 0
03/31/2018 61 4 9 9 4 4 6
12/31/2017 63 13 10 19 3 0 0
Year Ended 2017 251 47 54 82 24 3 0

Fund Inception: 01/30/2008

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 consumer discretionary and staples, financial and industrials, 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.

Investing in securities of Chinese companies involves additional risks, including, but not limited to: the economy of China differs, often unfavorably, from the U.S. economy in such respects as structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others; the central government has historically exercised substantial control over virtually every sector of the Chinese economy through administrative regulation and/or state ownership; and actions of the Chinese central and local government authorities continue to have a substantial effect on economic conditions in China.

China A-Shares and China B-Shares are not eligible for inclusion in the Index. China A-Shares are subject to substantial restrictions on foreign investment, while the China B-Share market generally is smaller and offers less liquidity than the categories of securities which may be included in the Index. However, by excluding such shares from the Index, the exposure provided to the Chinese presence in the sector may be more limited than would be the case if the Index included China A-Shares or China B-Shares.

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

Depositary receipts involve many of the same risks as a direct investment in foreign securities, and issuers of certain depositary receipts are under no obligation to distribute shareholder communications to the holders or to pass through to them any voting rights with respect to the deposited securities.

Stocks of micro-cap companies tend to involve substantially greater risks of loss and price fluctuations than more established companies.

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

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 MSCI China Index is an unmanaged index considered representative of Chinese stocks. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The fund is not sponsored, endorsed, sold, or promoted by AlphaShares, Inc. ("licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the fund particularly or the ability of the AlphaShares China Small Cap Index ("index") to track general market performance. Licensor’s only relationship to Invesco Capital Management LLC ("licensee") is the licensing of the index which is determined, composed and calculated by licensor without regard to licensee or the fund. Licensor has no obligation to take the needs of the licensee or the shareholders of the fund into consideration in determining, composing or calculating the index. Licensor shall not be liable to any person for any error in the index nor shall it be under any obligation to advise any person of any error therein.

as of 10/19/2018
4:15 PM EST

HAO
Intraday Stats

  • Last Trade $23.42
  • Current IIV $23.42
  • Change $0.34
  • % Change 1.45%
as of 10/19/2018
  • NAV at market close $23.63

as of 10/19/2018

Fund Yield

  • SEC 30 Day Yield 2.88%
  • Distribution Rate 4.44%
  • 12 Month Distribution Rate 4.44%
  • 30-Day SEC Unsubsidized Yield
    as of 10/18/2018
    1.98%
as of 10/19/2018

Prior Close

  • Closing Price $23.08
  • Bid/Ask Midpoint $23.44
  • Bid/Ask Prem/Disc -$0.19
  • Bid/Ask Prem/Disc -0.80%
as of 06/30/2018

Fund Characteristics

  • Price/Earnings Ratio1 12.64
  • Price/Book Ratio1 1.30
  • ROE2 10.33%
  • Avg Market Cap2 $3,659MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker HAO
  • CUSIP # 46138E701
  • ISIN US46138E7013
  • Intraday NAV HAOIV
  • Index Ticker ACNSCT
  • Index Provider AlphaShares, LLC
  • Management Fee 0.55%
  • Total Expense Ratio 0.90%
  • Fee Waiver 0.15%
  • Net Expense Ratio 0.75%
  • Options No
  • Exchange NYSE Arca
  • Inception Date 01/30/2008
  • # of Holdings 316
    as of 10/18/2018
as of 10/19/2018

Quick Facts

  • Previous Close $23.08
  • Open $23.62
  • Today's High $23.73
  • Today's Low $23.40
  • Today's Volume 11,553
  • 13,466 30-Day Avg Trading
    Volume
  • 52 Week High $33.23
  • 52 Week Low $23.02
  • Shares Outstanding 2.60MM
  • Market Value $61.4MM