Equity | International and Global Equity

Invesco International Developed Dynamic Multifactor ETF

Ticker: IMFL

Product Details

The Invesco International Developed Dynamic Multifactor ETF (Fund) is based on the FTSE Developed ex US Invesco Dynamic Multifactor Index (Index). The Fund will invest at least 80% of its total assets in securities that comprise the Index. The Index reflects a dynamic combination of factor exposures drawn from constituent stocks of the FTSE Developed ex US Index. The factors targeted may include low volatility, momentum, quality, size and value. The emphasis on each factor is determined by Invesco’s Regime Model which is informed by the economic environment and overall market conditions. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reweighted monthly based on the Invesco Signal, after the close of the fourth business day of the month. See the prospectus for more information.

For Illustrative Purposes Only and does not constitute a recommendation of the suitability of any investment strategy for a particular investor. Factor investing is an investment strategy in which securities are chosen based on certain characteristics and attributes that may explain differences in returns. Factor investing may underperform cap-weighted benchmarks and increase portfolio risk.

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

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
FTSE Developed ex US Invesco Dynamic Multifactor Net Return Index (USD) -25.48 -25.07 N/A N/A N/A -11.64
FTSE Developed ex US Index -23.01 -22.87 -0.53 0.20 4.11 -10.74
Fund History (%)
Fund NAV -25.74 -25.45 N/A N/A N/A -12.11
After Tax Held -26.71 -26.90 N/A N/A N/A -13.48
After Tax Sold -15.18 -14.91 N/A N/A N/A -9.43
Fund Market Price -26.45 -26.45 N/A N/A N/A -13.32
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
FTSE Developed ex US Invesco Dynamic Multifactor Net Return Index (USD) -28.38 -27.27 N/A N/A N/A -14.37
FTSE Developed ex US Index -27.00 -25.03 -1.18 -0.51 3.62 -14.18
Fund History (%)
Fund NAV -28.59 -27.16 N/A N/A N/A -14.82
After Tax Held -29.53 -28.57 N/A N/A N/A -16.21
After Tax Sold -16.85 -15.88 N/A N/A N/A -11.43
Fund Market Price -29.84 -28.55 N/A N/A N/A -16.48

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.

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

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 11/25/2022

Sector Allocation

Sector Percent of Fund
Consumer Staples 18.89%
Health Care 17.69%
Industrials 12.14%
Materials 12.03%
Consumer Discretionary 9.53%
Communication Services 6.75%
Information Technology 6.42%
Financials 5.37%
Utilities 5.28%
Energy 4.53%
Real Estate 1.38%
as of 11/25/2022

Top Country Allocation

Country Percentage
Japan 13.22%
Australia 12.76%
United States 11.87%
United Kingdom 11.82%
France 11.16%
Denmark 6.18%
Switzerland 5.92%
South Korea 5.05%
Germany 4.88%
Netherlands 3.37%
as of 11/24/2022

Market Cap & Style Allocations

Large-Cap Value 25.05%
Large-Cap Blend 40.89%
Large-Cap Growth 26.00%
Mid-Cap Value 1.95%
Mid-Cap Blend 4.24%
Mid-Cap Growth 1.85%
Small-Cap Value -
Small-Cap Blend 0.01%
Small-Cap Growth -

as of 11/25/2022 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
NOVOB DC Novo Nordisk A/S 5.28
BHP BHP Group Ltd 5.10
NESN SW Nestle SA 4.84
ROG SW Roche Holding AG 4.57
NOVN SW Novartis AG 4.28
005930 KS Samsung Electronics Co Ltd 2.73
RIO LN Rio Tinto PLC 2.53
MC FP LVMH Moet Hennessy Louis Vuitton SE 2.45
OR FP L'Oreal SA 2.34
DGE LN Diageo PLC 2.09

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
09/19/2022 09/20/2022 09/23/2022 0.22663 0.22663 - - - -
06/21/2022 06/22/2022 06/30/2022 0.27083 0.27083 - - - -
03/21/2022 03/22/2022 03/31/2022 0.17560 0.17560 - - - -
12/20/2021 12/21/2021 12/31/2021 0.41554 0.17083 0.24471 - - -
09/20/2021 09/21/2021 09/30/2021 0.32823 0.32823 - - - -
06/21/2021 06/22/2021 06/30/2021 0.28673 0.28673 - - - -

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 10 8 2 0 0 0
06/30/2022 62 8 15 12 3 0 0
03/31/2022 62 11 16 20 8 2 0
12/31/2021 64 8 13 35 4 0 0
Year Ended 2021 217 24 46 96 26 2 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 8 11 21 3 0 1
06/30/2022 62 12 8 2 2 0 0
03/31/2022 62 2 2 1 0 0 0
12/31/2021 64 1 2 1 0 0 0
Year Ended 2021 217 11 7 4 1 0 0

Fund Inception : 02/24/2021

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.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The risks of investing in securities of foreign 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 the Japan and the European Union, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

Momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

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

The Fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.

From time to time, certain shareholders may own a substantial amount of the shares in the Fund or invest and hold their shares for a limited time solely to facilitate commencement of the Fund or to achieve a specified size or scale in the Fund. Redemptions by large shareholders could have a significant negative impact on the Fund. Large cash purchases, if allowed, may adversely affect the Fund's performance since it would delay the Fund from investing in new cash, requiring it to maintain a larger cash position than normal. Transactions by large shareholders may account for a large percentage of the trading volume and may, therefore, have a material upward or downward effect on the market price of the Shares. The Fund may hold a relatively large proportion of its assets in cash in anticipation of large redemptions, diluting its investment returns.

The FTSE Developed ex US Index comprises large- and mid-cap stocks across developed countries, excluding the US.

FTSE International Limited. FTSE® is a trademark of the London Stock Exchange Group plc and its group undertakings and is used by FTSE under license. FTSE has been licensed for use in the Underlying Index by the Adviser. The Fund is not in any way sponsored, endorsed, sold or promoted by FTSE, Frank Russell Company, or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Underlying Index, (ii) the figure at which the Underlying Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Underlying Index for the purpose to which it is being put in connection with the Fund. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Underlying Index to the Adviser or to its clients. The Underlying Index is calculated by FTSE or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Underlying Index or (b) under any obligation to advise any person of any error therein.