SEA - Invesco Shipping ETF

Equity - Sector Equity

Product Details

The Invesco Shipping ETF (Fund) is based on the Dow Jones Global Shipping Index℠ (Index). The Fund will invest at least 90% of its total assets in the securities and depositary receipts that comprise the Index. The Index measures the performance of high dividend-paying companies in the global shipping industry. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

as of 09/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Dow Jones Global Shipping Index 9.90 -11.62 -5.19 -11.63 N/A N/A
MSCI World Index 17.61 1.83 10.21 7.18 9.01 10.04
Dow Jones Global Shipping Index 9.90 -11.62 -5.19 -11.63 N/A N/A
MSCI World Index 17.61 1.83 10.21 7.18 9.01 10.04
Fund History (%)
Fund NAV 9.88 -11.58 -4.67 -10.95 N/A -6.99
After Tax Held 8.61 -12.61 -6.07 -12.93 N/A -8.61
After Tax Sold 5.85 -6.85 -3.98 -8.42 N/A -5.25
Fund Market Price 10.54 -11.13 -4.91 -10.91 N/A -6.98
Fund NAV 9.88 -11.58 -4.67 -10.95 N/A -6.99
After Tax Held 8.61 -12.61 -6.07 -12.93 N/A -8.61
After Tax Sold 5.85 -6.85 -3.98 -8.42 N/A -5.25
Fund Market Price 10.54 -11.13 -4.91 -10.91 N/A -6.98

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 09/30/2019

Growth of $10,000

Data beginning Fund inception and ending 09/30/2019. 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 The results assume that no cash was added to or assets withdrawn from the Index.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.

Dow Jones Global Shipping Index* performance prior to 7/27/2011 reflects that of the original Underlying Index Delta Global Shipping Index. From 7/27/2011, forward, the Index performance reflects that of the Underlying Index Dow Jones Global Shipping Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

as of 10/21/2019

Sector Allocation

as of 10/18/2019

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend 21.84%
Large-Cap Growth -
Mid-Cap Value 28.92%
Mid-Cap Blend 7.51%
Mid-Cap Growth -
Small-Cap Value 26.57%
Small-Cap Blend 12.98%
Small-Cap Growth 2.17%

as of 10/21/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MAERSKB DC AP Moller - Maersk A/S 19.33
9104 Mitsui OSK Lines Ltd 8.03
9101 Nippon Yusen KK 7.55
EURN Euronav NV 5.68
MATX Matson Inc 4.44
STNG Scorpio Tankers Inc 4.37
GLNG Golar LNG Ltd 4.21
1308 SITC International Holdings Co Ltd 3.96
SFL Ship Finance International Ltd 3.54
9107 Kawasaki Kisen Kaisha Ltd 3.37

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/23/2019 09/24/2019 09/30/2019 0.03057 0.03057 - - -
06/24/2019 06/25/2019 06/28/2019 0.22465 0.22465 - - -
12/24/2018 12/26/2018 12/31/2018 0.00394 0.00394 - - -
09/24/2018 09/25/2018 09/28/2018 0.04002 0.04002 - - -
06/26/2018 06/27/2018 06/29/2018 0.13770 0.13770 - - -
03/26/2018 03/27/2018 03/29/2018 0.08190 0.08190 - - -
12/26/2017 12/27/2017 12/29/2017 0.23750 0.23750 - - -
09/26/2017 09/27/2017 09/29/2017 0.12500 0.12500 - - -
06/26/2017 06/28/2017 06/30/2017 0.15150 0.15150 - - -
03/17/2017 03/27/2017 03/31/2017 0.08100 0.08100 - - -
12/23/2016 12/28/2016 12/30/2016 0.10590 0.10590 - - -
09/26/2016 09/28/2016 09/30/2016 0.16030 0.16030 - - -
06/24/2016 06/28/2016 06/30/2016 0.35030 0.35030 - - -
03/24/2016 03/29/2016 03/31/2016 0.11950 0.11950 - - -
12/24/2015 12/29/2015 12/31/2015 0.42630 0.42630 - - -
09/24/2015 09/28/2015 09/30/2015 0.24020 0.24020 - - -
06/24/2015 06/26/2015 06/30/2015 0.66930 0.66930 - - -
03/25/2015 03/27/2015 03/31/2015 0.11990 0.11990 - - -
12/24/2014 12/29/2014 12/31/2014 0.18500 0.18500 - - -
09/24/2014 09/26/2014 09/30/2014 0.15400 0.15400 - - -
06/24/2014 06/26/2014 06/30/2014 0.25800 0.25800 - - -
03/25/2014 03/27/2014 03/31/2014 0.05200 0.05200 - - -
12/24/2013 12/27/2013 12/31/2013 0.10400 0.10400 - - -
09/24/2013 09/26/2013 09/30/2013 0.10500 0.10500 - - -
06/24/2013 06/26/2013 06/28/2013 0.18600 0.18600 - - -
03/22/2013 03/26/2013 03/28/2013 0.04300 0.04300 - - -
12/24/2012 12/27/2012 12/31/2012 0.08400 0.08400 - - -
09/24/2012 09/26/2012 09/28/2012 0.12600 0.12600 - - -
06/25/2012 06/27/2012 06/29/2012 0.21100 0.21100 - - -
03/26/2012 03/28/2012 03/30/2012 0.10300 0.10300 - - -
12/23/2011 12/28/2011 12/30/2011 0.09200 0.09200 - - -
09/26/2011 09/28/2011 09/30/2011 0.07700 0.07700 - - -
06/24/2011 06/28/2011 06/30/2011 0.68400 0.68400 - - -
03/25/2011 03/29/2011 03/31/2011 0.13200 0.13200 - - -
12/27/2010 12/29/2010 12/31/2010 0.16300 0.16300 - - -
09/24/2010 09/28/2010 09/30/2010 0.18900 0.18900 - - -

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%
09/30/2019 64 15 3 0 0 0 0
03/31/2019 61 30 5 0 0 0 0
12/31/2018 63 17 2 0 0 0 0
09/30/2018 63 23 2 0 0 0 0
Year Ended 2018 251 81 12 2 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%
09/30/2019 64 30 10 4 2 0 0
03/31/2019 61 16 8 2 0 0 0
12/31/2018 63 22 18 4 0 0 0
09/30/2018 63 24 14 0 0 0 0
Year Ended 2018 251 96 53 6 1 0 0

Fund Inception: 06/11/2010

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, such as shipping and sector, such as energy 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.

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.

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.

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.

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.

Securities that pay high dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends. Also changes in the dividend policies of the companies and the capital resources available for such companies’ dividend payments may affect the Fund.

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

Most MLPs operate in the energy sector and are subject to the risks generally applicable to companies in that sector, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. MLPs are also subject the risk that regulatory or legislative changes could eliminate the tax benefits enjoyed by MLPs which could have a negative impact on the after-tax income available for distribution by the MLPs and/or the value of the portfolio's investments.

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

The Delta Global Shipping Index is designed to measure the performance of companies within the maritime shipping industry listed on global developed market exchanges.

Dow Jones Global Shipping IndexSM is a product of S&P Dow Jones Indices LLC, a division of S&P Global, and has been licensed for use. Dow Jones®, Dow Jones Global Shipping IndexSM and "Dow Jones Indexes" are service marks of Standard & Poor's Financial Services LLC, a division of S&P Global and sublicensed for use for certain purposes by Invesco Capital Management LLC ("licensee"). Invesco Capital Management LLC's Invesco Shipping ETF is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices or their respective affiliates, and S&P Dow Jones Indices and its respective affiliates make no representation.

as of 10/22/2019
4:15 PM EST

SEA
Intraday Stats

  • Last Trade $9.62
  • Current IIV $9.61
  • Change $0.02
  • % Change 0.21%
as of 10/21/2019
  • NAV at market close $9.59

as of 10/21/2019

Fund Yield

  • SEC 30 Day Yield 2.73%
  • Distribution Rate 1.28%
  • 12 Month Distribution Rate 2.70%
  • 30-Day SEC Unsubsidized Yield
    as of 10/21/2019
    2.73%
as of 10/21/2019

Prior Close

  • Closing Price $9.60
  • Bid/Ask Midpoint $9.61
  • Bid/Ask Prem/Disc $0.02
  • Bid/Ask Prem/Disc 0.21%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 46.01
  • Forward Price/Earnings Ratio 11.76
  • Price/Book Ratio1 0.84
  • ROE2 0.03%
  • Avg Market Cap2 $5,852MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker SEA
  • CUSIP # 46138G607
  • ISIN US46138G6070
  • Intraday NAV SEAIV
  • Index Ticker DJGSHT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.65%
  • Acquired Fund Fees & Expenses 0.01%
  • Total Expense Ratio 0.66%
  • Options No
  • Exchange NYSE Arca
  • Inception Date 06/11/2010
  • # of Holdings 25
    as of 10/21/2019
as of 10/22/2019

Quick Facts

  • Previous Close $9.60
  • Open $9.59
  • Today's High $9.65
  • Today's Low $9.57
  • Today's Volume 29,903
  • 35,975 30-Day Avg Trading
    Volume
  • 52 Week High $9.89
  • 52 Week Low $7.85
  • Shares Outstanding 4.90MM
  • Market Value $47.0MM