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Equity | International and Global Equity

Invesco DWA Emerging Markets Momentum ETF

Untitled Document The Invesco DWA Emerging Markets Momentum ETF (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index (DWA Emerging Markets Technical Leaders Index). The Fund will generally invest at least 90% of its total assets in securities of emerging economies within Dorsey Wright & Associates' classification definition, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index includes approximately 100 companies from the Nasdaq Emerging Markets Index that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Brazil, Chile, China, India, Indonesia, Philippines, South Africa, Thailand and Turkey. The Index excludes US companies listed on a US stock exchange. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly.
as of 12/31/2020 12/31/2020

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Dorsey Wright Emerging Markets Technical Leaders Index 22.67 22.67 7.57 12.30 5.26 3.19
MSCI Emerging Markets Index 18.31 18.31 6.17 12.81 3.63 2.69
Fund History (%)
Fund NAV 21.19 21.19 6.16 10.82 3.77 0.50
After Tax Held 20.45 20.45 5.57 10.37 3.59 0.36
After Tax Sold 12.49 12.49 4.60 8.56 3.06 0.44
Fund Market Price 20.71 20.71 5.97 11.00 3.63 0.42
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Dorsey Wright Emerging Markets Technical Leaders Index 22.67 22.67 7.57 12.30 5.26 3.19
MSCI Emerging Markets Index 18.31 18.31 6.17 12.81 3.63 2.69
Fund History (%)
Fund NAV 21.19 21.19 6.16 10.82 3.77 0.50
After Tax Held 20.45 20.45 5.57 10.37 3.59 0.36
After Tax Sold 12.49 12.49 4.60 8.56 3.06 0.44
Fund Market Price 20.71 20.71 5.97 11.00 3.63 0.42

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 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.

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
Information Technology 33.25%
Consumer Discretionary 18.56%
Materials 15.88%
Industrials 9.57%
Financials 7.13%
Consumer Staples 5.23%
Communication Services 4.71%
Health Care 3.95%
Energy 1.00%
Utilities 0.55%
Real Estate 0.48%
as of 01/15/2021

Top Country Allocation

Country Percentage
China 40.52%
Taiwan 28.47%
Brazil 7.85%
South Africa 7.57%
Indonesia 5.05%
India 3.62%
Mexico 2.42%
Thailand 2.15%
Malaysia 1.16%
Hungary 0.67%
as of 01/14/2021

Market Cap & Style Allocations

Large-Cap Value 4.14%
Large-Cap Blend 27.60%
Large-Cap Growth 32.72%
Mid-Cap Value 10.94%
Mid-Cap Blend 16.64%
Mid-Cap Growth 5.69%
Small-Cap Value 2.27%
Small-Cap Blend -
Small-Cap Growth -

Quality Allocations as of 01/15/2021

S&P Moody's
BBB : 0% Baa : 1%

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

Fund Holdings subject to change

Ticker Company % of Fund
3023 TT Sinbon Electronics Co Ltd 3.21
700 HK Tencent Holdings Ltd 3.20
2020 HK ANTA Sports Products Ltd 2.88
2313 HK Shenzhou International Group Holdings Ltd 2.80
2330 TT Taiwan Semiconductor Manufacturing Co Ltd 2.52
2345 TT Accton Technology Corp 2.42
2331 HK Li Ning Co Ltd 2.14
EDU New Oriental Education & Technology Group Inc ADR 2.03
2395 TT Advantech Co Ltd 1.95
IMP Impala Platinum Holdings Ltd 1.90
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 0.11358 0.11358 - - - -
09/21/2020 09/22/2020 09/30/2020 0.15687 0.15687 - - - -
06/22/2020 06/23/2020 06/30/2020 0.02667 0.02667 - - - -
03/23/2020 03/24/2020 03/31/2020 0.00505 0.00505 - - - -
12/23/2019 12/24/2019 12/31/2019 0.14660 0.14660 - - - -
09/23/2019 09/24/2019 09/30/2019 0.15173 0.15173 - - - -
06/24/2019 06/25/2019 06/28/2019 0.06956 0.06956 - - - -
12/24/2018 12/26/2018 12/31/2018 0.19285 0.19285 - - - -
09/24/2018 09/25/2018 09/28/2018 0.20978 0.20978 - - - -
06/18/2018 06/19/2018 06/29/2018 0.11427 0.11427 - - - -
12/18/2017 12/19/2017 12/29/2017 0.16981 0.16981 - - - -
09/18/2017 09/19/2017 09/29/2017 0.16488 0.16488 - - - -
06/16/2017 06/20/2017 06/30/2017 - - - - - -
12/16/2016 12/20/2016 12/30/2016 0.09504 0.09504 - - - -
09/16/2016 09/20/2016 09/30/2016 0.09920 0.09920 - - - -
06/17/2016 06/21/2016 06/30/2016 0.02451 0.02451 - - - -
03/18/2016 03/22/2016 03/31/2016 - - - - - -
12/18/2015 12/22/2015 12/31/2015 0.09555 0.09555 - - - -
09/18/2015 09/22/2015 09/30/2015 0.01091 0.01091 - - - -
06/19/2015 06/23/2015 06/30/2015 0.01353 0.01353 - - - -
03/20/2015 03/24/2015 03/31/2015 - - - - - -
12/19/2014 12/23/2014 12/31/2014 0.07809 0.07809 - - - -
09/19/2014 09/23/2014 09/30/2014 0.01457 0.01457 - - - -
12/20/2013 12/24/2013 12/31/2013 0.08996 0.08996 - - - -
09/20/2013 09/24/2013 09/30/2013 0.08005 0.08005 - - - -
06/21/2013 06/25/2013 06/28/2013 0.05321 0.05321 - - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - - -
12/21/2012 12/26/2012 12/31/2012 0.03065 0.03065 - - - -
09/21/2012 09/25/2012 09/28/2012 0.00000 0.00000 - - - -
06/15/2012 06/19/2012 06/29/2012 0.09586 0.09586 - - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - - -
12/16/2011 12/20/2011 12/30/2011 0.10228 0.10228 - - - -
06/17/2011 06/21/2011 06/30/2011 0.02473 0.02473 - - - -
12/17/2010 12/21/2010 12/31/2010 0.06171 0.06171 - - - -
12/18/2009 12/22/2009 12/31/2009 0.10492 0.10492 - - - -
06/20/2008 06/24/2008 06/30/2008 0.06339 0.06339 - - - -

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 18 13 14 1 1 0
09/30/2020 64 8 6 12 2 0 0
06/30/2020 63 3 4 3 1 0 0
03/31/2020 62 8 7 4 1 0 0
Year Ended 2020 253 37 30 33 5 1 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 9 6 2 0 0 0
09/30/2020 64 18 8 9 1 0 0
06/30/2020 63 3 13 26 8 1 1
03/31/2020 62 4 7 19 5 1 6
Year Ended 2020 253 34 34 56 14 2 7

Fund Inception : 12/28/2007

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 Fund may become “non-diversified”, as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constitutes of the Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status under such circumstances.

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

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 the China, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

The MSCI Emerging Markets Index is an unmanaged index considered representative of stocks of developing countries. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The NASDAQ Emerging Markets Index is a subset of the comprehensive NASDAQ Global Index FamilySM, which provides a transparent, rules-based global equity benchmark for institutional investors.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and Invesco other than a license by Dorsey Wright to Invesco of certain Dorsey Wright trademarks, tradenames, investment models, and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of Invesco, and/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by Invesco or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.