Exchange-Traded Funds

PIE - Invesco DWA Emerging Markets Momentum ETF

Equity - International and Global Equity

Product Details

The Invesco DWA Emerging Markets Momentum ETF (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index (DWA Emerging Markets Technical Leaders Index). The Fund will normally invest at least 90% of its total assets in securities of emerging economies within Dorsey Wright & Associates' classification definition, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index includes approximately 100 companies from the NASDAQ Emerging Markets Index that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Brazil, Chile, China, India, Indonesia, Philippines, South Africa, Thailand and Turkey. The Index excludes US companies listed on a US stock exchange. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 11/30/2018 09/30/2018

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Dorsey Wright Emerging Markets Technical Leaders Index -10.01 -1.32 8.66 2.43 6.43 0.78
MSCI Emerging Markets Index -7.68 -0.81 12.36 3.61 5.40 0.80
Dorsey Wright Emerging Markets Technical Leaders Index -17.44 -16.14 4.61 0.23 9.95 -0.02
MSCI Emerging Markets Index -12.24 -9.09 9.41 1.90 9.13 0.32
Fund History (%)
Fund NAV -11.14 -2.90 7.14 1.06 3.69 -2.14
After Tax Held -11.76 -3.70 6.81 0.89 3.60 -2.22
After Tax Sold -6.58 -1.47 5.64 0.95 3.06 -1.47
Fund Market Price -11.95 -4.00 6.88 1.01 3.63 -2.27
Fund NAV -18.79 -17.61 3.04 -1.14 7.72 -2.91
After Tax Held -19.35 -18.29 2.72 -1.31 7.62 -2.99
After Tax Sold -11.07 -10.16 2.48 -0.70 6.47 -2.01
Fund Market Price -18.94 -17.68 3.00 -1.18 7.93 -2.97

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 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 12/14/2018

Sector Allocation

as of 12/14/2018

Top Country Allocation

as of 12/13/2018

Market Cap & Style Allocations

Large-Cap Value 16.55%
Large-Cap Blend 20.23%
Large-Cap Growth 33.66%
Mid-Cap Value 15.54%
Mid-Cap Blend 5.17%
Mid-Cap Growth 6.46%
Small-Cap Value -
Small-Cap Blend 2.40%
Small-Cap Growth -

as of 12/14/2018 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
2313 Shenzhou International Group Holdings Ltd 3.12
HART Hartalega Holdings Bhd 3.03
BDMS-R TB Bangkok Dusit Medical Services PCL 2.82
TISCO-R TB Tisco Financial Group PCL 2.78
CLS Clicks Group Ltd 2.66
PMAH Press Metal Aluminium Holdings Bhd 2.38
INRI Inari Amertron Bhd 2.30
1216 Uni-President Enterprises Corp 2.24
SM SM Investments Corp 2.12
2912 President Chain Store Corp 1.98

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/24/2018 09/25/2018 09/28/2018 0.20978 0.20978 - - -
06/18/2018 06/19/2018 06/29/2018 0.11427 0.11427 - - -
12/18/2017 12/19/2017 12/29/2017 0.16981 0.16981 - - -
09/18/2017 09/19/2017 09/29/2017 0.16488 0.16488 - - -
06/16/2017 06/20/2017 06/30/2017 - - - - -
12/16/2016 12/20/2016 12/30/2016 0.09504 0.09504 - - -
09/16/2016 09/20/2016 09/30/2016 0.09920 0.09920 - - -
06/17/2016 06/21/2016 06/30/2016 0.02451 0.02451 - - -
03/18/2016 03/22/2016 03/31/2016 - - - - -
12/18/2015 12/22/2015 12/31/2015 0.09555 0.09555 - - -
09/18/2015 09/22/2015 09/30/2015 0.01091 0.01091 - - -
06/19/2015 06/23/2015 06/30/2015 0.01353 0.01353 - - -
03/20/2015 03/24/2015 03/31/2015 - - - - -
12/19/2014 12/23/2014 12/31/2014 0.07809 0.07809 - - -
09/19/2014 09/23/2014 09/30/2014 0.01457 0.01457 - - -
12/20/2013 12/24/2013 12/31/2013 0.08996 0.08996 - - -
09/20/2013 09/24/2013 09/30/2013 0.08005 0.08005 - - -
06/21/2013 06/25/2013 06/28/2013 0.05321 0.05321 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.03065 0.03065 - - -
09/21/2012 09/25/2012 09/28/2012 0.00000 0.00000 - - -
06/15/2012 06/19/2012 06/29/2012 0.09586 0.09586 - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - -
12/16/2011 12/20/2011 12/30/2011 0.10228 0.10228 - - -
06/17/2011 06/21/2011 06/30/2011 0.02473 0.02473 - - -
12/17/2010 12/21/2010 12/31/2010 0.06171 0.06171 - - -
12/18/2009 12/22/2009 12/31/2009 0.10492 0.10492 - - -
06/20/2008 06/24/2008 06/30/2008 0.06339 0.06339 - - -

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 8 4 3 0 0 0
06/30/2018 64 7 7 16 4 0 0
03/31/2018 61 5 15 16 5 3 1
12/31/2017 63 18 16 14 0 0 0
Year Ended 2017 251 63 74 44 0 1 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%
09/30/2018 63 16 9 16 6 1 0
06/30/2018 64 13 5 10 1 1 0
03/31/2018 61 6 3 6 1 0 0
12/31/2017 63 10 4 1 0 0 0
Year Ended 2017 251 36 21 6 6 0 0

Fund Inception: 12/28/2007

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 industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

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

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

The MSCI Emerging Markets Index is an unmanaged index considered representative of stocks of developing countries. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The NASDAQ Emerging Markets Index is a subset of the comprehensive NASDAQ Global Index FamilySM, which provides a transparent, rules-based global equity benchmark for institutional 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.

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and Invesco other than a license by Dorsey Wright to Invesco of certain Dorsey Wright trademarks, tradenames, investment models, and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of Invesco, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by Invesco or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 12/14/2018
3:59 PM EST

PIE
Intraday Stats

  • Last Trade $16.02
  • Current IIV $16.03
  • Change -$0.18
  • % Change -1.08%
as of 12/14/2018
  • NAV at market close $16.09

as of 12/14/2018

Fund Yield

  • SEC 30 Day Yield 2.61%
  • Distribution Rate 5.22%
  • 12 Month Distribution Rate 3.07%
  • 30-Day SEC Unsubsidized Yield
    as of 12/13/2018
    2.59%
as of 12/14/2018

Prior Close

  • Closing Price $16.19
  • Bid/Ask Midpoint $0.00
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -
as of 06/30/2018

Fund Characteristics

  • Price/Earnings Ratio1 16.08
  • Price/Book Ratio1 2.91
  • ROE2 23.45%
  • Avg Market Cap2 $30,346MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker PIE
  • CUSIP # 46138E867
  • ISIN US46138E8672
  • Intraday NAV PIEIV
  • Index Ticker DWAEMNTR
  • Index Provider Dorsey, Wright & Associates, LLC
  • Management Fee 0.90%
  • Total Expense Ratio 0.90%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NASDAQ
  • Inception Date 12/28/2007
  • # of Holdings 100
    as of 12/14/2018
as of 12/14/2018

Quick Facts

  • Previous Close $16.19
  • Open $16.05
  • Today's High $16.12
  • Today's Low $16.00
  • Today's Volume 80,733
  • 89,155 30-Day Avg Trading
    Volume
  • 52 Week High $22.22
  • 52 Week Low $15.42
  • Shares Outstanding 11.00MM
  • Market Value $177.0MM