Institutional

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Equity | US Equity

Invesco S&P Spin-Off ETF

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 12/31/2020 12/31/2020

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P U.S. Spin-Off Index 11.26 11.26 3.84 10.65 N/A N/A
Russell Midcap Index 17.10 17.10 11.61 13.40 12.41 9.27
Fund History (%)
Fund NAV 10.56 10.56 3.18 8.76 10.50 7.08
After Tax Held 10.12 10.12 2.86 8.35 10.06 6.60
After Tax Sold 6.25 6.25 2.34 6.74 8.47 5.57
Fund Market Price 10.62 10.62 3.24 8.79 10.47 7.09
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
S&P U.S. Spin-Off Index 11.26 11.26 3.84 10.65 N/A N/A
Russell Midcap Index 17.10 17.10 11.61 13.40 12.41 9.27
Fund History (%)
Fund NAV 10.56 10.56 3.18 8.76 10.50 7.08
After Tax Held 10.12 10.12 2.86 8.35 10.06 6.60
After Tax Sold 6.25 6.25 2.34 6.74 8.47 5.57
Fund Market Price 10.62 10.62 3.24 8.79 10.47 7.09

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 09/30/2020

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2020. 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 01/15/2021

Sector Allocation

Sector Percent of Fund
Industrials 30.03%
Consumer Discretionary 19.81%
Materials 14.69%
Information Technology 12.47%
Real Estate 7.69%
Energy 5.81%
Health Care 3.78%
Financials 3.26%
Communication Services 2.21%
Investment Companies 0.29%
as of 01/15/2021

Top Country Allocation

Country Percentage
United States 98.12%
Sweden 1.88%
as of 01/15/2021

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend 7.31%
Large-Cap Growth -
Mid-Cap Value 3.47%
Mid-Cap Blend 22.22%
Mid-Cap Growth 16.09%
Small-Cap Value 21.12%
Small-Cap Blend 21.76%
Small-Cap Growth 8.03%

as of 01/15/2021 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PENN Penn National Gaming Inc 7.97
CTVA Corteva Inc 7.65
CARR Carrier Global Corp 7.24
DOW Dow Inc 7.04
OTIS Otis Worldwide Corp 7.03
IAA IAA Inc 6.55
VNT Vontier Corp 5.10
AIRC Apartment Income REIT Corp 4.40
CNXC Concentrix Corp 4.27
WH Wyndham Hotels & Resorts Inc 4.23
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
12/21/2020 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%
12/31/2020 64 35 2 0 0 0 0
09/30/2020 64 27 1 0 0 0 0
06/30/2020 63 21 4 1 0 0 0
03/31/2020 62 21 0 1 0 0 0
Year Ended 2020 253 104 7 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%
12/31/2020 64 22 4 0 0 1 0
09/30/2020 64 29 3 0 2 1 1
06/30/2020 63 25 9 3 0 0 0
03/31/2020 62 21 11 4 4 0 0
Year Ended 2020 253 97 27 7 6 2 1

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.