Equity | International and Global Equity

Invesco MSCI Green Building ETF

Ticker: GBLD

Product Details

The Invesco MSCI Green Building ETF (Fund) is based on the MSCI Global Green Building Index (Index). The Fund will generally invest 90% of its total net assets in securities that comprise the Index. The Index is comprised of companies that provide exposure to the environment impact theme of “green building”. Green building companies include the design, construction, redevelopment, retrofitting, or acquisition of green-certified properties to promote mechanisms for raising capacity for effective climate change mitigation and adaptation. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and Index are rebalanced quarterly.

as of 01/31/2024 12/31/2023

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
MSCI Global Green Building Net Return Index (USD) -3.94 -5.04 -5.82 -4.03 1.75 -9.08
MSCI ACWI IMI Net Return Index (USD) 0.23 13.50 5.60 9.81 8.20 2.74
Fund History (%)
Fund NAV -4.00 -5.08 N/A N/A N/A -8.92
After Tax Held -4.00 -7.53 N/A N/A N/A -10.48
After Tax Sold -2.37 -2.88 N/A N/A N/A -7.15
Fund Market Price -4.63 -5.91 N/A N/A N/A -9.09
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
MSCI Global Green Building Net Return Index (USD) 5.37 5.37 -4.68 -1.36 2.20 -7.99
MSCI ACWI IMI Net Return Index (USD) 21.58 21.58 5.46 11.49 7.77 2.74
Fund History (%)
Fund NAV 5.69 5.69 N/A N/A N/A -7.80
After Tax Held 2.96 2.96 N/A N/A N/A -9.42
After Tax Sold 3.44 3.44 N/A N/A N/A -6.38
Fund Market Price 5.38 5.38 N/A N/A N/A -7.75

This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.

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.

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 12/31/2023

Growth of $10,000

Data beginning Fund inception and ending 12/31/2023. 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 02/26/2024

Sector Allocation

Sector Percent of Fund
Real Estate 89.63%
Consumer Discretionary 9.28%
Investment Companies 1.08%
as of 02/26/2024

Top Country Allocation

Country Percentage
Japan 31.19%
United States 27.87%
Singapore 11.34%
France 9.50%
United Kingdom 6.50%
Hong Kong 3.28%
Australia 2.48%
Spain 2.15%
Canada 1.33%
Sweden 1.29%
as of 02/23/2024

Market Cap & Style Allocations

Large-Cap Value 14.81%
Large-Cap Blend 3.67%
Large-Cap Growth 0.57%
Mid-Cap Value 20.82%
Mid-Cap Blend 35.54%
Mid-Cap Growth 3.33%
Small-Cap Value 12.88%
Small-Cap Blend 7.23%
Small-Cap Growth 1.15%

as of 02/26/2024 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
ARE Alexandria Real Estate Equities Inc 7.96
1925 JP Daiwa House Industry Co Ltd 6.90
BXP Boston Properties Inc 3.89
URW FP Unibail-Rodamco-Westfield 3.54
CLAR SP CapitaLand Ascendas REIT 3.17
CICT SP CapitaLand Integrated Commercial Trust 3.13
BKG LN Berkeley Group Holdings PLC 2.51
8951 JP Nippon Building Fund Inc 2.41
MTH Meritage Homes Corp 2.31
LI FP Klepierre SA 2.29

Distributions | Hide View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/18/2023 12/19/2023 12/22/2023 0.60376 0.60376 - - - -
09/18/2023 09/19/2023 09/22/2023 0.15511 0.15511 - - - -
06/20/2023 06/21/2023 06/23/2023 0.16592 0.16592 - - - -
03/20/2023 03/21/2023 03/24/2023 0.24045 0.24045 - - - -
12/19/2022 12/20/2022 12/23/2022 0.13601 0.13601 - - - -
09/19/2022 09/20/2022 09/23/2022 0.18239 0.18239 - - - -
06/21/2022 06/22/2022 06/30/2022 0.17693 0.17693 - - - -
03/21/2022 03/22/2022 03/31/2022 0.17744 0.17744 - - - -
12/20/2021 12/21/2021 12/31/2021 0.33231 0.33231 - - - -
09/20/2021 09/21/2021 09/30/2021 0.17334 0.17334 - - - -
06/21/2021 06/22/2021 06/30/2021 0.23744 0.23744 - - - -

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%
12/31/2023 63 19 9 9 1 0 0
09/30/2023 63 21 17 3 0 0 1
06/30/2023 62 22 20 7 0 0 0
03/31/2023 62 17 22 8 0 0 0
Year Ended 2023 250 79 68 27 1 0 1
    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%
12/31/2023 63 13 7 5 0 0 0
09/30/2023 63 16 4 1 0 0 0
06/30/2023 62 9 4 0 0 0 0
03/31/2023 62 10 3 2 0 0 0
Year Ended 2023 250 48 18 8 0 0 0

Fund Inception : 04/22/2021

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.

Premiums/Discounts

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.

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.

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.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

REITs are pooled investment vehicles that trade like stocks and invest substantially all of their assets in real estate and may qualify for special tax considerations. REITs are subject to risks inherent in the direct ownership of real estate. A company’s failure to qualify as a REIT under federal tax law may have adverse consequences to the REIT’s shareholders. REITs may have expenses, including advisory and administration, and REIT shareholders will incur a proportionate share of the underlying expenses.

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.

Thematic investing involves the risk that the green building theme is out of favor, or that the securities chosen to represent that theme underperform the market as a whole. The Fund relies on the Index Provider to identify securities in the Index that reflect the environmental theme of “green building”. Fund performance may suffer if securities are not correctly identified or do not benefit from the development of such theme. Information used by the Index Provider to evaluate ESG factors may not be readily available, complete or accurate, which could negatively impact the Index Provider's ability to apply its ESG standards when compiling the Index, and as a result Fund performance may negatively impacted. Performance may also be impacted by the inclusion of non-theme-relevant exposures. There is no guarantee that the Index will reflect exposures to the green building investment theme.

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

The Invesco MSCI Green Building ETF or securities referred to herein are not sponsored, endorsed, or promoted by MSCI Inc. (“MSCI”), and MSCI bears no liability with respect to the fund or securities or any index on which the Invesco MSCI Green Building ETF or securities are based. MSCI AND THE MSCI INDEX NAME ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY INVESCO CAPITAL MANAGEMENT LLC ("ADVISER").

The MSCI ACWI Investable Market Index captures large, mid and small cap representation across 23 Developed Markets and 27 Emerging Markets countries. The Index is computed using the net return, which withholds applicable taxes for non-resident investors.