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Invesco DWA Energy Momentum ETF

Product Details

The Invesco DWA Energy Momentum ETF (Fund) is based on the Dorsey Wright® Energy Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security's performance in a given universe over time as compared to the performance of all other securities in that universe. 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 Energy Technical Leaders Index -35.59 -35.59 -21.74 -10.29 N/A N/A
S&P 500 Energy Index -33.68 -33.68 -15.31 -5.20 -2.67 0.17
Fund History (%)
Fund NAV -35.94 -35.94 -22.15 -10.76 -6.04 -1.60
After Tax Held -36.56 -36.56 -22.62 -11.16 -6.36 -1.86
After Tax Sold -21.38 -21.38 -15.80 -7.69 -4.13 -1.05
Fund Market Price -35.89 -35.89 -22.17 -10.77 -6.06 -1.60
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Dorsey Wright Energy Technical Leaders Index -35.59 -35.59 -21.74 -10.29 N/A N/A
S&P 500 Energy Index -33.68 -33.68 -15.31 -5.20 -2.67 0.17
Fund History (%)
Fund NAV -35.94 -35.94 -22.15 -10.76 -6.04 -1.60
After Tax Held -36.56 -36.56 -22.62 -11.16 -6.36 -1.86
After Tax Sold -21.38 -21.38 -15.80 -7.69 -4.13 -1.05
Fund Market Price -35.89 -35.89 -22.17 -10.77 -6.06 -1.60

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.

DWA Energy Technical Leaders Index* performance prior to Feb. 19, 2014 reflects that of the original Underlying Index Dynamic Energy Sector Intellidex Index. From Feb. 19, 2014, forward, the Index performance reflects that of the Underlying Index DWA Energy Technical Leaders 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

Industry Allocations

Industry Percent of Fund
Oil, Gas & Consumable Fuels 69.85%
Energy Equipment & Services 29.46%
Investment Companies - MMF 0.70%
Cash -0.01%
as of 01/14/2021

Market Cap & Style Allocations

Large-Cap Value 6.80%
Large-Cap Blend -
Large-Cap Growth -
Mid-Cap Value 12.74%
Mid-Cap Blend 6.31%
Mid-Cap Growth 4.36%
Small-Cap Value 44.87%
Small-Cap Blend 16.47%
Small-Cap Growth 8.46%

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

Fund Holdings subject to change

Ticker Company % of Fund
LNG Cheniere Energy Inc 4.51
CLNE Clean Energy Fuels Corp 4.41
MTDR Matador Resources Co 4.34
SM SM Energy Co 4.05
REGI Renewable Energy Group Inc 3.95
APA Apache Corp 3.63
TRGP Targa Resources Corp 3.49
CHX ChampionX Corp 3.40
MRO Marathon Oil Corp 3.40
HES Hess Corp 3.35
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 0.02163 0.02163 - - - -
09/21/2020 09/22/2020 09/30/2020 0.08875 0.08875 - - - -
06/22/2020 06/23/2020 06/30/2020 0.09870 0.09870 - - - -
03/23/2020 03/24/2020 03/31/2020 0.09385 0.09385 - - - -
12/23/2019 12/24/2019 12/31/2019 0.28000 0.28000 - - - -
09/23/2019 09/24/2019 09/30/2019 0.17496 0.17496 - - - -
06/24/2019 06/25/2019 06/28/2019 0.24007 0.24007 - - - -
03/18/2019 03/19/2019 03/29/2019 0.09038 0.09038 - - - -
12/24/2018 12/26/2018 12/31/2018 0.08057 0.08057 - - - -
09/24/2018 09/25/2018 09/28/2018 0.03532 0.03532 - - - -
06/18/2018 06/19/2018 06/29/2018 0.14672 0.14672 - - - -
12/18/2017 12/19/2017 12/29/2017 0.13211 0.13211 - - - -
09/18/2017 09/19/2017 09/29/2017 0.11378 0.11378 - - - -
06/16/2017 06/20/2017 06/30/2017 0.06848 0.06848 - - - -
12/16/2016 12/20/2016 12/30/2016 0.04401 0.04401 - - - -
09/16/2016 09/20/2016 09/30/2016 0.12886 0.12886 - - - -
06/17/2016 06/21/2016 06/30/2016 0.07935 0.07935 - - - -
03/18/2016 03/22/2016 03/31/2016 0.06721 0.06721 - - - -
12/18/2015 12/22/2015 12/31/2015 0.14207 0.14207 - - - -
09/18/2015 09/22/2015 09/30/2015 0.11640 0.11640 - - - -
06/19/2015 06/23/2015 06/30/2015 0.33598 0.33598 - - - -
03/20/2015 03/24/2015 03/31/2015 0.09920 0.09920 - - - -
12/19/2014 12/23/2014 12/31/2014 0.25150 0.25150 - - - -
09/19/2014 09/23/2014 09/30/2014 0.06169 0.06169 - - - -
06/20/2014 06/24/2014 06/30/2014 0.20223 0.20223 - - - -
12/20/2013 12/24/2013 12/31/2013 0.08087 0.08087 - - - -
09/20/2013 09/24/2013 09/30/2013 0.06214 0.06214 - - - -
06/21/2013 06/25/2013 06/28/2013 0.18287 0.18287 - - - -
03/15/2013 03/19/2013 03/28/2013 0.09225 0.09225 - - - -
12/21/2012 12/26/2012 12/31/2012 0.41471 0.41471 - - - -
09/21/2012 09/25/2012 09/28/2012 0.05700 0.05700 - - - -
06/15/2012 06/19/2012 06/29/2012 0.09723 0.09723 - - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - - -
12/16/2011 12/20/2011 12/30/2011 0.03368 0.03368 - - - -
09/16/2011 09/20/2011 09/30/2011 0.05964 0.05964 - - - -
06/17/2011 06/21/2011 06/30/2011 0.15158 0.15158 - - - -
12/17/2010 12/21/2010 12/31/2010 0.12684 0.12684 - - - -
09/17/2010 09/21/2010 09/30/2010 0.04326 0.04326 - - - -
06/18/2010 06/22/2010 06/30/2010 0.04473 0.04473 - - - -
12/18/2009 12/22/2009 12/31/2009 0.08661 0.08661 - - - -
09/18/2009 09/22/2009 09/30/2009 0.08973 0.08973 - - - -
06/19/2009 06/23/2009 06/30/2009 0.05309 0.05309 - - - -
09/19/2008 09/23/2008 09/30/2008 0.03672 0.03672 - - - -
06/20/2008 06/24/2008 06/30/2008 0.09883 0.09883 - - - -
03/20/2008 03/25/2008 03/31/2008 0.00394 0.00394 - - - -
12/21/2007 12/26/2007 12/31/2007 0.00191 0.00191 - - - -
09/21/2007 09/25/2007 09/28/2007 0.04850 0.04850 - - - -
06/15/2007 06/19/2007 06/29/2007 0.02896 0.02896 - - - -
03/16/2007 03/20/2007 03/30/2007 0.00830 0.00830 - - - -
12/15/2006 12/19/2006 12/29/2006 0.02386 0.02386 - - - -

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 23 2 0 0 0 0
09/30/2020 64 29 10 0 0 0 0
06/30/2020 63 24 12 0 0 0 0
03/31/2020 62 16 2 0 0 0 0
Year Ended 2020 253 92 26 0 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 31 8 0 0 0 0
09/30/2020 64 22 3 0 0 0 0
06/30/2020 63 19 8 0 0 0 0
03/31/2020 62 35 6 1 1 0 1
Year Ended 2020 253 107 25 1 1 0 1

Fund Inception : 10/12/2006

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 energy, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

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.

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 S&P 500 ® Energy Index is an unmanaged index considered representative of the energy market. The Dynamic Energy Sector Intellidex Index evaluates companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The NASDAQ US Benchmark Index is a float-adjusted market-cap-weighted index designed to track the performance of securities to the United States.

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.