Equity | US Equity

Invesco S&P Spin-Off ETF

Ticker: CSD

Product Details

The Invesco S&P Spin-Off ETF (Fund) is based on the S&P U.S. Spin-Off Index (Index). The Fund will invest at least 90% of its total assets in securities and depositary receipts that comprise the Index. The Index is composed of companies that have been spun off from larger corporations within the past four years. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced monthly.

as of 10/31/2022 09/30/2022

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P U.S. Spin-Off Index -13.99 -16.84 5.87 2.35 N/A N/A
Russell Midcap Index -17.55 -17.17 7.84 7.95 11.36 8.23
Fund History (%)
Fund NAV -14.46 -17.37 5.21 1.71 7.81 6.02
After Tax Held -14.46 -17.53 4.97 1.46 7.39 5.60
After Tax Sold -8.56 -10.16 4.02 1.27 6.17 4.74
Fund Market Price -14.52 -17.28 5.28 1.72 7.82 6.02
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P U.S. Spin-Off Index -23.15 -23.01 2.45 0.31 N/A N/A
Russell Midcap Index -24.27 -19.39 5.19 6.48 10.30 7.70
Fund History (%)
Fund NAV -23.52 -23.48 1.81 -0.32 6.80 5.30
After Tax Held -23.52 -23.63 1.58 -0.56 6.39 4.88
After Tax Sold -13.92 -13.76 1.41 -0.26 5.33 4.13
Fund Market Price -23.43 -23.44 1.91 -0.29 6.83 5.32

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 09/30/2022

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2022. Fund performance shown at NAV.

S&P U.S. Spin-Off Index* performance prior to 5/20/2016 reflects that of the original Underlying Index Beacon Spin-Off Index. From 5/20/2016, forward, the Index performance reflects that of the Underlying Index S&P U.S. Spin-Off Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

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 12/01/2022

Sector Allocation

Sector Percent of Fund
Industrials 29.46%
Information Technology 14.82%
Materials 11.01%
Health Care 10.79%
Energy 8.67%
Consumer Discretionary 7.53%
Utilities 6.33%
Real Estate 5.89%
Communication Services 5.43%
Investment Companies 0.07%
Cash 0.00%
as of 12/01/2022

Top Country Allocation

Country Percentage
United States 100.00%
as of 11/29/2022

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend 5.24%
Large-Cap Growth -
Mid-Cap Value 10.65%
Mid-Cap Blend 18.77%
Mid-Cap Growth -
Small-Cap Value 31.48%
Small-Cap Blend 31.68%
Small-Cap Growth 2.18%

as of 12/01/2022 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
CEG Constellation Energy Corp 6.33
OTIS Otis Worldwide Corp 6.21
CARR Carrier Global Corp 6.04
DOW Dow Inc 5.87
CTVA Corteva Inc 5.15
GXO GXO Logistics Inc 4.84
OGN Organon & Co 4.80
DTM DT Midstream Inc 4.47
IAA IAA Inc 4.39
AIRC Apartment Income REIT Corp 4.29
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/20/2021 12/21/2021 12/31/2021 0.45470 0.45470 - - - -
12/21/2020 12/22/2020 12/31/2020 0.54891 0.54891 - - - -
12/23/2019 12/24/2019 12/31/2019 0.54659 0.54659 - - - -
12/24/2018 12/26/2018 12/31/2018 0.42109 0.42109 - - - -
12/26/2017 12/27/2017 12/29/2017 0.31490 0.31490 - - - -
12/23/2016 12/28/2016 12/30/2016 0.70200 0.70200 - - - -
12/24/2015 12/29/2015 12/31/2015 1.00160 1.00160 - - - -
12/24/2014 12/29/2014 12/31/2014 0.73600 0.73600 - - - -
12/24/2013 12/27/2013 12/31/2013 0.08500 0.08500 - - - -
12/24/2012 12/27/2012 12/31/2012 0.07800 0.07800 - - - -
12/23/2011 12/28/2011 12/30/2011 0.11200 0.11200 - - - -
12/27/2010 12/29/2010 12/31/2010 0.10700 0.10700 - - - -
12/24/2009 12/29/2009 12/31/2009 0.34300 0.34300 - - - -
12/24/2008 12/29/2008 12/31/2008 0.42800 0.42800 - - - -

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%
09/30/2022 64 26 6 0 0 0 0
06/30/2022 62 26 3 0 0 0 0
03/31/2022 62 28 4 0 0 0 0
12/31/2021 64 34 3 0 0 0 0
Year Ended 2021 252 116 11 0 1 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%
09/30/2022 64 27 5 0 0 0 0
06/30/2022 62 29 3 1 0 0 0
03/31/2022 62 24 5 1 0 0 0
12/31/2021 64 22 5 0 0 0 0
Year Ended 2021 252 109 13 1 0 1 0

Fund Inception : 12/15/2006

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.

Investments focused in a particular sector, such as 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.

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.

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 Russell Midcap Index is an unmanaged index considered representative of mid-cap stocks. The Russell Midcap Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

The Beacon Spin-Off Index is composed of US companies of all sizes that have been spun-off within the past two years – but not more recently than six months prior to the rebalancing date).

"Standard & Poor's" and "S&P" are registered trademarks of Standard & Poor's Financial Services, LLC and have been licensed for use by Invesco Capital Management LLC and its affiliates. Invesco S&P Spin-Off ETF is not sponsored, endorsed, sold, or promoted by Standard & Poor's and Standard & Poor's makes no representation, warranty, or condition regarding the advisability of investing in the product.