PBSM - Invesco PureBeta℠ MSCI USA Small Cap ETF

Equity - US Equity
Expanded market exposure to leading benchmarks

Product Details

The Invesco PureBeta℠ MSCI USA Small Cap ETF (the "Fund") is based on the MSCI USA Small Cap Index (the "index"). The fund will invest at least 90% of its total assets in securities that comprise the index. The index measures the performance of the small-capitalization segment of the US equity market and weights securities by their free float-adjusted market capitalization. The fund and the index are rebalanced and reconstituted quarterly on the last business day of February, May, August and November.

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

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
MSCI USA Small Cap Index 18.60 0.40 12.68 7.94 14.96 7.85
MSCI USA Small Cap Index 18.60 0.40 12.68 7.94 14.96 7.85
Fund History (%)
Fund NAV 18.60 0.24 N/A N/A N/A 7.75
After Tax Held 18.33 -1.51 N/A N/A N/A 6.51
After Tax Sold 11.00 0.24 N/A N/A N/A 5.44
Fund Market Price 18.42 0.29 N/A N/A N/A 7.78
Fund NAV 18.60 0.24 N/A N/A N/A 7.75
After Tax Held 18.33 -1.51 N/A N/A N/A 6.51
After Tax Sold 11.00 0.24 N/A N/A N/A 5.44
Fund Market Price 18.42 0.29 N/A N/A N/A 7.78

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 06/30/2019

Growth of $10,000

Data beginning Fund inception and ending 06/30/2019. 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 The results assume that no cash was added to or assets withdrawn from the Index.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 07/19/2019

Sector Allocation

as of 07/21/2019

Market Cap & Style Allocations

Large-Cap Value 0.17%
Large-Cap Blend 0.13%
Large-Cap Growth 0.11%
Mid-Cap Value 10.98%
Mid-Cap Blend 15.28%
Mid-Cap Growth 22.92%
Small-Cap Value 16.12%
Small-Cap Blend 17.63%
Small-Cap Growth 16.67%

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

Fund Holdings subject to change

Ticker Company % of Fund
TDY Teledyne Technologies Inc 0.30
ARRY Array BioPharma Inc 0.30
SRPT Sarepta Therapeutics Inc 0.29
FICO Fair Isaac Corp 0.29
ZEN Zendesk Inc 0.29
SAGE Sage Therapeutics Inc 0.27
WEX WEX Inc 0.27
BAH Booz Allen Hamilton Holding Corp 0.27
AZPN Aspen Technology Inc 0.27
WST West Pharmaceutical Services Inc 0.26

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/24/2019 06/25/2019 06/28/2019 0.11598 0.11598 - - -
03/18/2019 03/19/2019 03/29/2019 0.02930 0.02930 - - -
12/26/2018 12/27/2018 12/31/2018 - - 0.77824 0.04599 -
12/24/2018 12/26/2018 12/31/2018 0.14198 0.14198 - - -
09/24/2018 09/25/2018 09/28/2018 0.09489 0.09489 - - -
06/18/2018 06/19/2018 06/29/2018 0.09731 0.09731 - - -
03/19/2018 03/20/2018 03/29/2018 0.04176 0.04176 - - -
12/18/2017 12/19/2017 12/29/2017 0.12903 0.12903 - - -

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 32 8 2 0 0 0
12/31/2018 63 38 9 2 1 0 0
09/30/2018 63 33 0 0 0 0 0
06/30/2018 64 33 0 0 0 0 0
Year Ended 2018 251 139 12 2 1 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 19 0 0 0 0 0
12/31/2018 63 12 1 0 0 0 0
09/30/2018 63 30 0 0 0 0 0
06/30/2018 64 31 0 0 0 0 0
Year Ended 2018 251 96 1 0 0 0 0

Fund Inception: 09/22/2017

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

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

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 industry or sector 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-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 Invesco PureBeta℠ MSCI USA Small Cap ETF or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such the Invesco PureBeta℠ MSCI USA Small Cap ETF or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Invesco and any related funds.

MSCI INC. ("MSCI") AND THE MSCI INDEX NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY THE ADVISER.

Beta is a measure of risk representing how a security is expected to respond to general market movements. PureBeta is a market-capitalization weighted methodology, and in no way refers to the purity or absence of errors or flaws in the Underlying Index's methodology or of the Fund in seeking to track the investment results of the Underlying Index.

as of 07/19/2019
12:00 AM EST

PBSM
Intraday Stats

  • Last Trade $26.99
  • Current IIV $26.99
  • Change $0.00
  • % Change 0.00%
as of 07/19/2019
  • NAV at market close $26.94

as of 07/19/2019

Prior Close

  • Closing Price $26.99
  • Bid/Ask Midpoint $26.99
  • Bid/Ask Prem/Disc $0.05
  • Bid/Ask Prem/Disc 0.19%

Fund Details

  • Fund Ticker PBSM
  • CUSIP # 46138E453
  • ISIN US46138E4531
  • Intraday NAV PBSMIV
  • Index Ticker M2USSC
  • Index Provider MSCI Inc.
  • Management Fee 0.06%
  • Total Expense Ratio 0.06%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange Cboe BZX Exchange, Inc.
  • Inception Date 09/22/2017
  • # of Holdings 1,806
    as of 07/19/2019
as of 07/19/2019

Quick Facts

  • Previous Close $26.99
  • Open $0.00
  • Today's High $0.00
  • Today's Low $0.00
  • Today's Volume 140
  • 101 30-Day Avg Trading
    Volume
  • 52 Week High $29.06
  • 52 Week Low $21.55
  • Shares Outstanding .10MM
  • Market Value $2.7MM