Product Details
The Invesco China Technology ETF (Fund) is based on the FTSE China Incl A 25% Technology Capped Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index. The Index includes constituents of the FTSE China Index and FTSE China A Stock Connect Index that are classified as information technology securities, including China A-shares and China B-shares. The Fund and the Index are rebalanced quarterly.
Performance
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| FTSE China Incl A 25% Technology Capped Index | -13.95 | -6.64 | -20.78 | N/A | N/A | N/A |
| MSCI China Index | -9.00 | -4.27 | -17.01 | -3.54 | 0.75 | 1.26 |
| Fund History (%) | ||||||
| Fund NAV | -14.37 | -8.47 | -21.36 | -2.95 | 1.65 | 3.82 |
| After Tax Held | -14.37 | -8.49 | -21.40 | -3.02 | 1.33 | 3.45 |
| After Tax Sold | -8.50 | -5.00 | -15.24 | -2.22 | 1.15 | 2.89 |
| Fund Market Price | -14.67 | -9.99 | -21.68 | -3.21 | 1.53 | 3.77 |
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| FTSE China Incl A 25% Technology Capped Index | -16.09 | 0.33 | -18.36 | N/A | N/A | N/A |
| MSCI China Index | -7.29 | 5.24 | -14.27 | -4.16 | 1.67 | 1.41 |
| Fund History (%) | ||||||
| Fund NAV | -16.53 | -0.64 | -19.09 | -5.30 | 1.87 | 3.67 |
| After Tax Held | -16.53 | -0.65 | -19.13 | -5.36 | 1.54 | 3.30 |
| After Tax Sold | -9.78 | -0.36 | -13.73 | -3.93 | 1.32 | 2.77 |
| Fund Market Price | -16.53 | -0.50 | -19.30 | -5.32 | 1.82 | 3.65 |
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.
Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained.
Growth of $10,000
Data beginning 10 years prior to the ending date of 09/30/2023. 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.
FTSE China Incl A 25% Technology Capped Index* performance prior to 6/21/2019 reflects that of the original Underlying Index, AlphaShares China Technology Index. From 6/21/2019 forward, performance reflects that of the Underlying Index, FTSE China Incl A 25% Technology Capped Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.
Top Country Allocation
| Country | Percentage |
|---|---|
| China | 100.08% |
| Hong Kong | 0.00% |
| United States | -0.08% |
as of 12/08/2023 Top Holdings
Fund Holdings subject to change
| Ticker | Company | % of Fund |
|---|---|---|
| PDD | PDD Holdings Inc ADR | 12.21 |
| 700 HK | Tencent Holdings Ltd | 9.99 |
| 3690 HK | Meituan | 6.56 |
| 9888 HK | Baidu Inc | 6.01 |
| 1024 HK | Kuaishou Technology | 5.28 |
| 2382 HK | Sunny Optical Technology Group Co Ltd | 3.72 |
| 268 HK | Kingdee International Software Group Co Ltd | 2.23 |
| 9626 HK | Bilibili Inc | 1.85 |
| 3888 HK | Kingsoft Corp Ltd | 1.80 |
| 688256 C1 | Cambricon Technologies Corp Ltd | 1.80 |
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 |
|---|---|---|---|---|---|---|---|---|
| 12/19/2022 | 12/20/2022 | 12/23/2022 | 0.03309 | 0.03309 | - | - | - | - |
| 12/21/2020 | 12/22/2020 | 12/31/2020 | 0.38588 | 0.38588 | - | - | - | - |
| 12/23/2019 | 12/24/2019 | 12/31/2019 | 0.00525 | 0.00525 | - | - | - | - |
| 12/24/2018 | 12/26/2018 | 12/31/2018 | 0.16958 | 0.16958 | - | - | - | - |
| 12/26/2017 | 12/27/2017 | 12/29/2017 | 0.85770 | 0.85770 | - | - | - | - |
| 12/23/2016 | 12/28/2016 | 12/30/2016 | 0.59530 | 0.59530 | - | - | - | - |
| 12/24/2015 | 12/29/2015 | 12/31/2015 | 0.63570 | 0.63570 | - | - | - | - |
| 12/24/2014 | 12/29/2014 | 12/31/2014 | 0.34500 | 0.34500 | - | - | - | - |
| 12/24/2013 | 12/27/2013 | 12/31/2013 | 0.27600 | 0.27600 | - | - | - | - |
| 12/24/2012 | 12/27/2012 | 12/31/2012 | 0.42600 | 0.42600 | - | - | - | - |
| 12/23/2011 | 12/28/2011 | 12/30/2011 | 0.56500 | 0.56500 | - | - | - | - |
| 12/27/2010 | 12/29/2010 | 12/31/2010 | 0.13300 | 0.13300 | - | - | - | - |
Distribution Information
Fund distributions
Dividends from net investment income, if any, are declared and paid quarterly. For Funds on a quarterly dividend payment cycle, the dividend ex-date is the next business day following the third Friday of each March, June, September and December, payable the last business day of April, July, October and December respectively.
The fund distributes its net realized capital gains, if any, to shareholders annually.
Distributions in cash may be reinvested automatically in additional whole shares of the fund only if the broker through whom you purchased shares makes such option available. Shareholders of the fund may contact their broker to determine the availability and costs of the service and the details of participation. Brokers may require shareholders to adhere to specific procedures and timetables. If this service is available and used, dividend distributions of both income and realized gains will be automatically reinvested in additional whole shares of the fund purchased in the secondary market.
Taxes on distributions
In general, your distributions are subject to federal income tax when they are paid, whether you take them in cash or reinvest them in the Fund. Dividends paid out of the Fund's income and net short-term gains, if any, are taxable as ordinary income. Distributions of net long-term capital gains, if any, in excess of net short-term capital losses are taxable as long-term capital gains, regardless of how long you have held the Shares. Dividends from net investment income, if any, are declared and paid quarterly. The Fund may also pay a special distribution at the end of the calendar year to comply with federal tax requirements.
Under the provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "2003 Tax Act"), long-term capital gains tax rates have generally been reduced for individuals to a maximum of 15% for taxable years beginning before January 1, 2009. In addition, some ordinary dividends declared and paid by the Fund to individual shareholders may qualify for taxation at the lower reduced tax rates applicable to long-term capital gains, provided that holding period and other requirements are met by the Fund and the shareholder.
Distributions in excess of the Fund's current and accumulated earnings and profits are treated as a tax-free return of capital to the extent of your basis in the Shares, and as capital gain thereafter. A distribution will reduce the Fund's net asset value per Share and may be taxable to you as ordinary income or capital gain even though, from an investment standpoint, the distribution may constitute a return of capital.
By law, the Fund must withhold a percentage of your distributions and proceeds if you have not provided a taxpayer identification number or social security number. The backup withholding rate is currently 28%.
Fund distributions
Dividends from net investment income, if any, are declared and paid either annually, quarterly or monthly, depending on the Fund. For funds on an annual dividend payment cycle, the dividend ex-date is the next business day following the third Friday of December, payable the last business day of the year. For funds on a quarterly dividend payment cycle, the dividend ex-date is the next business day following the third Friday of each March, June, September and December, payable the last business day of the month. For funds on a monthly dividend payment cycle, the dividend ex-date is the next business day following the third Friday of each month, payable the last business day of the month.
The fund distributes its net realized capital gains, if any, to shareholders annually.
Distributions in cash may be reinvested automatically in additional whole shares of the fund only if the broker through whom you purchased shares makes such option available. Shareholders of the fund may contact their broker to determine the availability and costs of the service and the details of participation. Brokers may require shareholders to adhere to specific procedures and timetables. If this service is available and used, dividend distributions of both income and realized gains will be automatically reinvested in additional whole shares of the fund purchased in the secondary market.
Taxes on distributions
In general, your distributions are subject to federal income tax when they are paid, whether you take them in cash or reinvest them in the Fund. Dividends paid out of the Fund's income and net short-term gains, if any, are taxable as ordinary income. Distributions of net long-term capital gains, if any, in excess of net short-term capital losses are taxable as long-term capital gains, regardless of how long you have held the Shares. Dividends from net investment income, if any, are declared and paid quarterly. The Fund may also pay a special distribution at the end of the calendar year to comply with federal tax requirements.
Under the provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "2003 Tax Act"), long-term capital gains tax rates have generally been reduced for individuals to a maximum of 15% for taxable years beginning before January 1, 2009. In addition, some ordinary dividends declared and paid by the Fund to individual shareholders may qualify for taxation at the lower reduced tax rates applicable to long-term capital gains, provided that holding period and other requirements are met by the Fund and the shareholder.
Distributions in excess of the Fund's current and accumulated earnings and profits are treated as a tax-free return of capital to the extent of your basis in the Shares, and as capital gain thereafter. A distribution will reduce the Fund's net asset value per Share and may be taxable to you as ordinary income or capital gain even though, from an investment standpoint, the distribution may constitute a return of capital.
By law, the Fund must withhold a percentage of your distributions and proceeds if you have not provided a taxpayer identification number or social security number. The backup withholding rate is currently 28%.
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% |
| 09/30/2023 | 63 | 2 | 3 | 6 | 3 | 3 | 1 |
| 06/30/2023 | 62 | 7 | 5 | 2 | 3 | 1 | 0 |
| 03/31/2023 | 62 | 7 | 3 | 6 | 9 | 2 | 3 |
| 12/31/2022 | 63 | 8 | 3 | 5 | 5 | 2 | 5 |
| Year Ended 2022 | 251 | 24 | 14 | 22 | 19 | 12 | 9 |
| 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% |
| 09/30/2023 | 63 | 4 | 11 | 15 | 9 | 6 | 0 |
| 06/30/2023 | 62 | 9 | 10 | 12 | 10 | 3 | 0 |
| 03/31/2023 | 62 | 7 | 8 | 9 | 6 | 2 | 0 |
| 12/31/2022 | 63 | 3 | 6 | 9 | 12 | 2 | 3 |
| Year Ended 2022 | 251 | 21 | 32 | 38 | 34 | 16 | 10 |
Fund Inception : 12/08/2009
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.
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.
Fund Documents
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 sector, such as communication services and information technology, 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.
Investing in securities of Chinese companies involves additional risks, including, but not limited to: the economy of China differs, often unfavorably, from the U.S. economy in such respects as structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others; the central government has historically exercised substantial control over virtually every sector of the Chinese economy through administrative regulation and/or state ownership; and actions of the Chinese central and local government authorities continue to have a substantial effect on economic conditions in China.
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 China, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified 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 China Index is an unmanaged index considered representative of Chinese stocks. The index is computed using the net return, which withholds applicable taxes for non-resident investors.
The AlphaSahres China Technology Index is designed to measure the performance of the investable universe of publicly-traded technology companies open to for investment which are based in mainland China, Hong Kong and Macau. The FTSE China Index represents the performance of large and mid cap Chinese stocks included in the FTSE Global Equity Index Series universe. The FTSE China A Stock Connect Index is designed to represent the performance of eligible securities in the FTSE China A Index.
The Invesco China Technology ETF has been developed solely by Invesco Capital Management LLC, and is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the FTSE Custom Emerging Ultra Dividend Revenue Index (the "Index") vest in the relevant LSE Group company which owns the Index. FTSE® is a trade mark(s) of the relevant LSE Group company and is/are used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Invesco China Technology ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Invesco China Technology ETF or the suitability of the Index for the purpose to which it is being put by Invesco Funds.
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