Exchange-Traded Funds

WREI - Invesco Wilshire US REIT ETF

Alternative - Real Estate

Product Details

The Invesco Wilshire US REIT ETF (Fund) is based on the Wilshire US REIT Index℠ (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is a float-adjusted market cap-weighted subset of the broader Wilshire 5000 Total Market Index and is comprised primarily of real estate investment trusts ("REITs"). The Fund generally invests in all of the securities comprising the Index in proportion to their weightings in the Underlying Index. The Fund and the Index are rebalanced quarterly.

Effective on Wednesday, February 20, 2019, the Fund will be liquidated and it will be its final day of trading. Please see the Fund’s prospectus for further information.

as of 12/31/2018 12/31/2018

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Wilshire US REIT Index -4.84 -4.84 2.06 7.87 12.19 10.08
FTSE NAREIT Equity REITs Index -4.62 -4.62 2.89 7.90 12.12 10.05
Wilshire US REIT Index -4.84 -4.84 2.06 7.87 12.19 10.08
FTSE NAREIT Equity REITs Index -4.62 -4.62 2.89 7.90 12.12 10.05
Fund History (%)
Fund NAV -5.02 -5.02 1.68 7.50 N/A 9.77
After Tax Held -6.16 -6.16 0.26 6.02 N/A 8.38
After Tax Sold -2.95 -2.95 0.68 5.20 N/A 7.27
Fund Market Price -6.57 -6.57 0.90 7.21 N/A 9.61
Fund NAV -5.02 -5.02 1.68 7.50 N/A 9.77
After Tax Held -6.16 -6.16 0.26 6.02 N/A 8.38
After Tax Sold -2.95 -2.95 0.68 5.20 N/A 7.27
Fund Market Price -6.57 -6.57 0.90 7.21 N/A 9.61

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 12/31/2018

Growth of $10,000

Data beginning Fund inception and ending 12/31/2018. 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 01/18/2019

Market Cap & Style Allocations

Large-Cap Value 6.99%
Large-Cap Blend 33.09%
Large-Cap Growth 4.28%
Mid-Cap Value 11.06%
Mid-Cap Blend 26.03%
Mid-Cap Growth 7.05%
Small-Cap Value 5.31%
Small-Cap Blend 4.65%
Small-Cap Growth 1.55%

as of 01/18/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
SPG Simon Property Group Inc 7.57
PLD Prologis Inc 5.73
PSA Public Storage 4.44
EQIX Equinix Inc 4.24
WELL Welltower Inc 3.86
AVB AvalonBay Communities Inc 3.58
EQR Equity Residential 3.46
DLR Digital Realty Trust Inc 3.12
VTR Ventas Inc 3.06
BXP Boston Properties Inc 2.49

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/26/2018 12/27/2018 12/31/2018 - - - 0.04085 -
12/24/2018 12/26/2018 12/31/2018 0.19745 0.19745 - - -
09/24/2018 09/25/2018 09/28/2018 0.44375 0.44375 - - -
06/26/2018 06/27/2018 06/29/2018 0.40528 0.40528 - - -
03/26/2018 03/27/2018 03/29/2018 0.26110 0.26110 - - -
12/26/2017 12/27/2017 12/29/2017 0.42730 0.38640 - 0.04090 -
09/26/2017 09/27/2017 09/29/2017 0.40270 0.40270 - - -
06/26/2017 06/28/2017 06/30/2017 0.40550 0.40550 - - -
03/31/2017 03/29/2017 03/27/2017 0.27070 0.27070 - - -
12/23/2016 12/28/2016 12/30/2016 0.56550 0.12260 0.14470 0.29820 -
09/26/2016 09/28/2016 09/30/2016 0.49800 0.49800 - - -
06/24/2016 06/28/2016 06/30/2016 0.34470 0.34470 - - -
03/24/2016 03/29/2016 03/31/2016 0.42890 0.42890 - - -
12/24/2015 12/29/2015 12/31/2015 0.51150 0.38080 - 0.13070 -
09/24/2015 09/28/2015 09/30/2015 0.40110 0.40110 - - -
06/24/2015 06/26/2015 06/30/2015 0.38880 0.38880 - - -
03/25/2015 03/27/2015 03/31/2015 0.23050 0.23050 - - -
12/24/2014 12/29/2014 12/31/2014 0.39800 0.24900 0.01300 0.13600 -
09/24/2014 09/26/2014 09/30/2014 0.32100 0.32100 - - -
06/24/2014 06/26/2014 06/30/2014 0.32100 0.32100 - - -
03/25/2014 03/27/2014 03/31/2014 0.21100 0.21100 - - -
12/24/2013 12/27/2013 12/31/2013 0.36100 0.34700 0.01400 - -
09/24/2013 09/26/2013 09/30/2013 0.32900 0.32900 - - -
06/24/2013 06/26/2013 06/28/2013 0.30000 0.30000 - - -
03/22/2013 03/26/2013 03/28/2013 0.21300 0.21300 - - -
12/24/2012 12/27/2012 12/31/2012 0.29700 0.29700 - - -
09/24/2012 09/26/2012 09/28/2012 0.23400 0.23400 - - -
06/25/2012 06/27/2012 06/29/2012 0.32700 0.32700 - - -
03/26/2012 03/28/2012 03/30/2012 0.18600 0.18600 - - -
12/23/2011 12/28/2011 12/30/2011 0.34000 0.34000 - - -
09/26/2011 09/28/2011 09/30/2011 0.29900 0.29900 - - -
06/24/2011 06/28/2011 06/30/2011 0.22600 0.22600 - - -
03/25/2011 03/29/2011 03/31/2011 0.17000 0.17000 - - -
12/27/2010 12/29/2010 12/31/2010 0.20900 0.20900 - - -
09/24/2010 09/28/2010 09/30/2010 0.21200 0.21200 - - -
06/24/2010 06/28/2010 06/30/2010 0.15800 0.15800 - - -

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%
12/31/2018 63 0 0 0 0 0 0
09/30/2018 63 0 0 0 0 0 0
06/30/2018 64 0 0 0 0 0 0
03/31/2018 61 2 0 2 0 0 0
Year Ended 2018 251 2 0 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%
12/31/2018 63 0 0 4 6 16 37
09/30/2018 63 0 0 1 2 12 48
06/30/2018 64 0 0 0 3 36 25
03/31/2018 61 13 4 30 10 0 0
Year Ended 2018 251 13 4 35 21 64 110

Fund Inception: 03/09/2010

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

† Credit ratings are assigned by Nationally Recognized Statistical Rating Organizations based on assessment of the credit worthiness of the underlying bond issuers. The ratings range from AAA (highest) to D (lowest) and are subject to change. Not rated indicates the debtor was not rated, and should not be interpreted as indicating low quality. Futures and other derivatives are not eligible for assigned credit ratings by any NRSRO and are excluded from quality allocations. For more information on rating methodologies, please visit the following NRSRO websites: standardandpoors.com and select "Understanding Ratings" under Rating Resources and moodys.com and select "Rating Methodologies" under Research and Ratings.

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

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.

Investments in real estate related instruments may be affected by economic, legal, or environmental factors that affect property values, rents or occupancies of real estate. Real estate companies, including REITs or similar structures, tend to be small and mid-cap companies and their shares may be more volatile and less liquid. REITs are subject to additional risks. A REITs value can depend on the structure and cash flow it generates. REITs concentrated in a limited number or type of properties, investments or narrow geographic areas are subject to the risks affecting those properties or areas to a greater extent than less concentrated investments. REITs are subject to certain requirements under federal tax law and may have expenses, including advisory and administration expenses. As a result, Fund will incur its prorated share of the underlying expenses.

Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. During the final year of the Fund's operations, as the bonds mature and the portfolio transitions to cash and cash equivalents, the Fund's yield will generally tend to move toward the yield of cash and cash equivalents and thus may be lower than the yields of the bonds previously held by the Fund and/or bonds in the market.

An issuer may be unable or unwilling to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.

The values of junk bonds fluctuate more than those of high quality bonds and can decline significantly over short time periods.

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

Income generated from the Fund is based primarily on prevailing interest rates, which can vary widely over the short- and long-term. If interest rates drop, the Fund's income may drop as well. During periods of rising interest rates, an issuer may exercise its right to pay principal on an obligation later than expected, resulting in a decrease in the value of the obligation and in a decline in the Fund's income.

An issuer's ability to prepay principal prior to maturity can limit the Fund's potential gains. Prepayments may require the Fund to replace the loan or debt security with a lower yielding security, adversely affecting the Fund's yield.

The Fund currently intends to effect creations and redemptions principally for cash, rather than principally in-kind because of the nature of the Fund's investments. As such, investments in the Fund may be less tax efficient than investments in ETFs that create and redeem in-kind.

Restricted securities generally cannot be sold to the public and may involve a high degree of business, financial and liquidity risk, which may result in substantial losses to the Fund.

Unlike a direct investment in bonds, the Fund's income distributions will vary over time and the breakdown of returns between Fund distributions and liquidation proceeds are not predictable at the time of investment. For example, at times the Fund may make distributions at a greater (or lesser) rate than the coupon payments received, which will result in the Fund returning a lesser (or greater) amount on liquidation than would otherwise be the case. The rate of Fund distribution payments may affect the tax characterization of returns, and the amount received as liquidation proceeds upon Fund termination may result in a gain or loss for tax purposes.

During periods of reduced market liquidity or in the absence of readily available market quotations for the holdings of the Fund, the ability of the Fund to value its holdings becomes more difficult and the judgment of the Sub-Adviser may play a greater role in the valuation of the Fund's holdings due to reduced availability of reliable objective pricing data.

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 FTSE NAREIT Equity REIT Index is considered representative of publically listed US equity real estate investment trusts (REITs), excluding timber or infrastructure REITs.

The Wilshire 5000 Total Market IndexSM measures performance of all US equity securities with readily available price data.

Wilshire®, the Wilshire IndexesSM, Wilshire US Real Estate Investment Trust IndexSM and Wilshire 5000 Total Market IndexSM are service marks of Wilshire Associates Incorporated ("Wilshire") and have been licensed for use by Invesco funds. All content of the Wilshire IndexesSM, Wilshire US Real Estate Investment Trust IndexSM and Wilshire 5000 Total Market IndexSM is ©2011 Wilshire Associates Incorporated, all rights reserved. The ETF is not sponsored, endorsed, sold or promoted by Wilshire, and Wilshire makes no representations or warranties with respect to the ETF.

as of 01/18/2019
4:15 PM EST

WREI
Intraday Stats

  • Last Trade $45.60
  • Current IIV $46.17
  • Change $0.21
  • % Change 0.47%
as of 01/18/2019
  • NAV at market close $46.17

as of 01/18/2019

Fund Yield

  • SEC 30 Day Yield 3.80%
  • Distribution Rate 1.71%
  • 12 Month Distribution Rate 2.83%
  • 30-Day SEC Unsubsidized Yield
    as of 01/17/2019
    3.82%
as of 01/18/2019

Prior Close

  • Closing Price $45.39
  • Bid/Ask Midpoint $45.63
  • Bid/Ask Prem/Disc -$0.54
  • Bid/Ask Prem/Disc -1.17%
as of 06/30/2018

Fund Characteristics

  • Price/Earnings Ratio1 38.63
  • Price/Book Ratio1 2.32
  • ROE2 11.39%
  • Avg Market Cap2 $17,282MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker WREI
  • CUSIP # 46137Y203
  • ISIN US46137Y2037
  • Intraday NAV WREIIV
  • Index Ticker WILREITT
  • Index Provider Wilshire Associates Incorporated
  • Management Fee 0.32%
  • Total Expense Ratio 0.32%
  • Options No
  • Exchange NYSE Arca
  • Inception Date 03/09/2010
  • # of Holdings 110
    as of 01/18/2019
as of 01/18/2019

Quick Facts

  • Previous Close $45.39
  • Open $45.51
  • Today's High $45.60
  • Today's Low $45.51
  • Today's Volume 1,241
  • N/A 30-Day Avg Trading
    Volume
  • 52 Week High $48.96
  • 52 Week Low $40.92
  • Shares Outstanding .25MM
  • Market Value $11.5MM