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Invesco Russell 1000 Enhanced Equal Weight ETF

Product Details

The Invesco Russell 1000 Enhanced Equal Weight ETF (Fund) is based on the Russell 1000® Enhanced Value Equal Weight Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of securities in the Russell 1000 Index exhibiting upward price momentum and fair valuations. The methodology employs a three-step screening process from the initial 1000 securities: First, exclude securities with zero or negative earnings over past 12 months; second, screen for value stocks using an average of cash flow yield, earnings yield, and sales-to-price ratio and exclude the bottom decile; third, screen for securities with greater positive price momentum and exclude the bottom decile. The remaining stocks are then equally weighted. The Fund and the Index are rebalanced and reconstituted semi-annually.

as of 12/31/2020 12/31/2020

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Russell 1000 Enhanced Value Equal Weight Index 6.06 6.06 7.00 N/A N/A 9.00
Russell 1000 Index 20.96 20.96 14.82 15.60 14.01 15.92
Fund History (%)
Fund NAV 5.93 5.93 6.78 N/A N/A 8.76
After Tax Held 4.43 4.43 5.91 N/A N/A 7.95
After Tax Sold 3.32 3.32 4.90 N/A N/A 6.52
Fund Market Price 5.97 5.97 6.61 N/A N/A 8.73
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Russell 1000 Enhanced Value Equal Weight Index 6.06 6.06 7.00 N/A N/A 9.00
Russell 1000 Index 20.96 20.96 14.82 15.60 14.01 15.92
Fund History (%)
Fund NAV 5.93 5.93 6.78 N/A N/A 8.76
After Tax Held 4.43 4.43 5.91 N/A N/A 7.95
After Tax Sold 3.32 3.32 4.90 N/A N/A 6.52
Fund Market Price 5.97 5.97 6.61 N/A N/A 8.73

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 Fund inception and ending 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
Financials 18.33%
Industrials 15.74%
Information Technology 13.29%
Consumer Discretionary 10.92%
Health Care 10.84%
Real Estate 8.97%
Materials 6.96%
Consumer Staples 6.08%
Utilities 4.33%
Communication Services 3.56%
Energy 1.02%
as of 01/14/2021

Market Cap & Style Allocations

Large-Cap Value 6.74%
Large-Cap Blend 15.53%
Large-Cap Growth 2.97%
Mid-Cap Value 15.99%
Mid-Cap Blend 28.15%
Mid-Cap Growth 7.67%
Small-Cap Value 6.97%
Small-Cap Blend 13.63%
Small-Cap Growth 2.37%

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

Fund Holdings subject to change

Ticker Company % of Fund
BKNG Booking Holdings Inc 0.26
NVR NVR Inc 0.25
CABO Cable One Inc 0.24
SIVB SVB Financial Group 0.23
LLY Eli Lilly and Co 0.21
ALB Albemarle Corp 0.21
EWBC East West Bancorp Inc 0.21
OMF OneMain Holdings Inc 0.21
ALLY Ally Financial Inc 0.21
VMI Valmont Industries Inc 0.20
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 0.25950 0.25950 - - - -
09/21/2020 09/22/2020 09/30/2020 0.19784 0.19784 - - - -
06/22/2020 06/23/2020 06/30/2020 0.23923 0.23923 - - - -
03/23/2020 03/24/2020 03/31/2020 0.17453 0.17453 - - - -
12/23/2019 12/24/2019 12/31/2019 0.22866 0.22866 - - - -
09/23/2019 09/24/2019 09/30/2019 0.09190 0.09190 - - - -
06/24/2019 06/25/2019 06/28/2019 0.10578 0.10578 - - - -
03/18/2019 03/19/2019 03/29/2019 0.04330 0.04330 - - - -
12/24/2018 12/26/2018 12/31/2018 0.35168 0.35168 - - - -
09/24/2018 09/25/2018 09/28/2018 0.11523 0.11523 - - - -
06/18/2018 06/19/2018 06/29/2018 0.10867 0.10867 - - - -
03/19/2018 03/20/2018 03/29/2018 0.06838 0.06838 - - - -
12/18/2017 12/19/2017 12/29/2017 0.12831 0.12831 - - - -
09/18/2017 09/19/2017 09/29/2017 0.04690 0.04690 - - - -

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 14 1 0 0 0 0
09/30/2020 64 16 0 0 0 0 0
06/30/2020 63 20 3 0 0 0 0
03/31/2020 62 14 2 2 2 0 0
Year Ended 2020 253 64 6 2 2 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 39 10 0 0 0 0
09/30/2020 64 39 9 0 0 0 0
06/30/2020 63 24 14 2 0 0 0
03/31/2020 62 31 4 3 3 1 0
Year Ended 2020 253 133 37 5 3 1 0

Fund Inception : 07/13/2017

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.

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.

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

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.

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

The Russell 1000® Index is an unmanaged index considered representative of large-cap stocks. The Russell 1000® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

The Russell 1000® Enhanced Value Equal Weight Index is a trademark of Frank Russell Company and has been licensed for use by Invesco. The product is not sponsored, endorsed, sold or promoted by Frank Russell Company and Frank Russell Company makes no representation regarding the advisability of investing in the product.