Invesco ETFs
Explore our lineup of ETFs and see how they can be cost-effective and tax-efficient for maximizing your investments and building long-term wealth.
Invesco ETFs
Hedge inflation risk
Our commodities and revenue-oriented equity ETFs and ETPs can help to provide inflation cushioning or attractive investment opportunities when prices are rising.
Inflation-hedging investments
Commodities and revenue-oriented equity strategies are historically the most efficient inflation hedge, compared to gold and large-cap stocks.1 The higher the inflation beta, the better the asset class performed when inflation was high.
Disclosures
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Inflation beta is a metric used to evaluate an asset class’ ability to hedge inflation. It measures the change in inflation against the return of the asset class over a specific time period (1998 – 2024 in the chart above). Inflation beta is defined as the slope of the regression line between the asset’s yearly returns and year-over-year Consumer Price Index on the last day of each year (Example: For 2024, use year over year Consumer Price Index on Dec. 31, 2024) Source: Invesco and Bloomberg L.P. as of Dec. 31, 2024.
Past performance is not a guarantee of future results.
Explore our commodities and value-focused ETFs and ETPs
| Fund | Ticker | Description | Asset class | Learn more |
|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | PDBC | Access to commodity-linked futures and other financial instruments that provide economic exposure to a diverse group of the world's most heavily traded commodities. | Commodities | Fact sheet |
| Invesco S&P 500 Revenue ETF | RWL | Uses a rules-based approach that re-weights securities of the S&P 500 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. | US Equity | Fact sheet |
| Invesco Galaxy Bitcoin ETF | BTCO | Exposure to bitcoin, the world’s first and largest cryptocurrency, while offering the ease, security, transparency, and efficiency of an exchange-traded product (ETP). | Digital asset | Fact sheet Why consider this fund? |
BTCO is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Find the right ETFs for your clients' investing goals
No matter what your clients are looking to achieve, our ETFs can help you build customized portfolios with precision and confidence.
Footnotes
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1
Based on our analysis of the historical inflation betas (using data from 1998 - 2024), commodities had the highest inflation beta, making it historically the most efficient inflation hedge among the group. Value stocks were higher than large-cap stocks, making it historically a more efficient inflation hedge versus large-cap stocks. Inflation beta is a metric used to evaluate an asset class's ability to hedge inflation. It measures the change in inflation against the return of the asset class over a specific time period (i.e., it describes the return of an asset class given a 1% increase in inflation.) DBIQ OY Commodity Index – The DBIQ Optimum Yield Diversified Commodity Index is a rule-based index composed of futures contracts of the 14 most heavily-traded and important global commodities. The S&P 500® Revenue-Weighted Index is constructed using a rules-based approach that re-weights securities of the S&P 500® Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The S&P 500 Index is a market-capitalization-weighted index (largest companies based on market capitalization make up the largest portion of the index) consisting of the 500 largest, most prominent, publicly-traded companies in the U.S. as determined by S&P. XAU – Gold spot price quoted in US dollars.
Capitalize on inflation opportunities
Inflation can undermine your clients’ financial goals by eroding the value of their investments over time. But investments such as commodities and attractively valued stocks have historically provided an inflation hedge and helped investors navigate rising prices.
- Commodities: We have a long track record in commodities investing, including The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (Fund), PDBC, and other ETFs that can provide your clients diversified access to agriculture, energy, metals, and other commodity sectors.
- Revenue stocks: The Invesco S&P 500 Revenue ETF (ticker: RWL) uses a rules-based approach that can provide your clients differentiated exposure according to the revenue earned by companies in the S&P 500 Index, which can serve as a potential inflation hedge.
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Since ordinary brokerage commissions apply for each ETF buy and sell transaction, frequent trading activity may increase the cost of ETFs.
Invesco does not offer tax advice. Please consult your tax adviser for information regarding your own personal tax situation.
Commodities may subject an investor to greater volatility than traditional securities such as stocks and bonds. Investments focused in a particular sector, such as real estate, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
A value style of investing is subject to the risk that the valuations never improve or that the returns on value equity securities are less than returns on other styles of investing or the overall stock market.
Inflation Beta is a metric used to evaluate an asset class' ability to hedge inflation. It measures the change in inflation against the return of the asset class over a specific time period (1998 - 2024 in the chart above).
BTCO Risks
See the prospectus for more information.
The Fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the Fund.
The Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Shares in the Fund are not FDIC insured, may lose value and have no bank guarantee.
This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing.
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.
Bitcoin has historically exhibited high price volatility relative to more traditional asset classes, which may be due to speculation regarding potential future appreciation in value. The value of the Trust’s investments in bitcoin could decline rapidly, including to zero.
The further development and acceptance of the Bitcoin network, which is part of a new and rapidly changing industry, is subject to a variety of factors that are difficult to evaluate. The slowing, stopping or reversing of the development or acceptance of the network may adversely affect the price of bitcoin and therefore an investment in the Shares.
Currently, there is relatively limited use of bitcoin in the retail and commercial marketplace in comparison to relatively extensive use as a store of value, contributing to price volatility that could adversely affect an investment in the Shares.
Regulatory changes or actions may alter the nature of an investment in bitcoin or restrict the use of bitcoin or the operations of the Bitcoin network or venues on which bitcoin trades. For example, it may become difficult or illegal to acquire, hold, sell or use bitcoin in one or more countries, which could adversely impact the price of bitcoin.
The Trust’s returns will not match the performance of bitcoin because the Trust incurs the Sponsor Fee and may incur other expenses.
The Market Price of shares may reflect a discount or premium to NAV.
The price of bitcoin may be impacted by the behaviour of a small number of influential individuals or companies.
Bitcoin faces scaling obstacles that can lead to high fees or slow transaction settlement times, and attempts to increase the volume of transactions may not be effective.
Miners could act in collusion to raise transaction fees, which may affect the usage of the Bitcoin network.
Competition from central bank digital currencies (“CDBCs”) and other digital assets could adversely affect the value of bitcoin and other digital assets.
Prices of bitcoin may be affected due to stablecoins, the activities of stablecoin users and their regulatory treatment.
The open-source structure of the Bitcoin network protocol means that certain core developers and other contributors may not be directly compensated for their contributions in maintaining and developing the Bitcoin network protocol. A failure to properly monitor and upgrade the Bitcoin network protocol could damage the network.
Lack of clarity in the corporate governance of bitcoin may lead to ineffective decision-making that slow development or prevents the Bitcoin network from overcoming important obstacles.
If the award of new bitcoin for solving blocks and transaction fees for recording transactions are not sufficiently high to incentivize miners, miners may reduce or cease processing power to solve blocks which could lead to confirmations on the Bitcoin blockchain being temporarily slowed. Significant delays in transaction confirmations could result in a loss of confidence in the Bitcoin network, which could adversely affect an investment in the Shares.
A temporary or permanent “fork” in the blockchain network could adversely affect an investment in the Shares.
Flaws in the source code of Bitcoin, or flaws in the underlying cryptography, could leave the Bitcoin network vulnerable to a multitude of attack vectors.
A disruption of the internet may affect the use of bitcoin and subsequently the value of the Shares.
Risks of over or under regulation in the digital asset ecosystem could stifle innovation, which could adversely impact the value of the Shares.
Shareholders do not have the protections associated with ownership of Shares in an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) or the protections afforded by the Commodity Exchange Act (the “CEA”).
Future regulations may require the Trust and the Sponsor to become registered, which may cause the Trust to liquidate.
The tax treatment of bitcoin and other digital assets is uncertain and may be adverse, which could adversely affect the value of an investment in the Shares.
Intellectual property rights claims may adversely affect the operation of the Bitcoin network.
The venues through which bitcoin trades are relatively new and may be more exposed to operations problems or failure than trading venues for other assets.
Ownership of bitcoin is pseudonymous, and the supply of accessible bitcoin is unknown. Entities with substantial holdings in bitcoin may engage in large-scale sales or distributions, either on nonmarket terms or in the ordinary course, which could result in a reduction in in the price of bitcoin.
The Trust is subject to the risks due to its concentration in a single asset.
Bitcoin spot trading venues are not subject to the same regulatory oversight as traditional equity exchanges.
Bitcoin transactions are irrevocable and stolen or incorrectly transferred bitcoin may be irretrievable. As a result, any incorrectly executed bitcoin transactions could adversely affect an investment in the Trust.
