Product Details
The Invesco Real Assets ESG ETF (Fund) is an actively-managed exchanged-traded fund that seeks capital appreciation with a secondary objective of current income. The Fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of “real assets” companies located in North America that meet high environmental, social and governance (ESG) standards. To meet these standards, the Fund employs a proprietary ESG screening process on all investment opportunities. First, the Fund screens the issuers in the investment universe for exclusions, such as substantial involvement (i.e. generating more than 0-10% of the issuer’s revenue) in tobacco, alcohol, controversial and conventional weapons, recreational cannabis, extraction of thermal coal, extraction of fossil fuels from unconventional sources, and operations of private prisons. Issuers are also excluded based on their non-compliance with the United Nations Global Compact principals. Next, investment opportunities are evaluated on multiple ESG factors under each individual pillar of the ESG framework and real assets sector. The individual pillars include, but are not limited to: environmental pillar (“E”) factors: natural resources, pollution and waste, supply chain impact, and environmental opportunities; social pillar (“S”) factors: workforce, community, product responsibility, and human rights; governance pillar (“G”) factors: management, shareholders, board of directors, auditors, regulatory issuers, corporate social responsibility strategy, anti-corruption, and business ethics. Each ESG pillar and investment opportunity are considered separately and neither weighs each pillar equally, nor consistently emphasizes one pillar over another. “Real assets” are characterized by having physical attributes, including real estate, infrastructure, natural resources and timber. Real assets companies are considered companies that are either principally engaged in real estate, infrastructure, natural resources or timber industries, or support such businesses.
Important Notice Regarding Changes to the Fund’s Structure and Management Fee Effective May 13, 2025, The Fund transitioned from a "non-transparent" ETF, which does not publicly disclose its portfolio holdings daily pursuant to an exemptive order from the U.S. Securities and Exchange Commission (the “Order”) to a "transparent" ETF that will disclose its portfolio holdings daily and operate in reliance on Rule 6c-11 under the Investment Company Act of 1940, as amended.
In connection with this change to a fully “transparent” structure, the Fund will change as follows:
- Removal of Tracking Basket: The Fund will no longer publish a "Tracking Basket" (The Tracking Basket) which is designed to closely track the daily performance of the Fund,but is not the Fund’s actual portfolio or "Tracking Basket Weight Overlap" (which is designed to provide investors with an understanding of how similar the Tracking Basket is to the Fund’s actual portfolio in percentage terms) on its website.
- Issuance and Redemption: The Fund will issue and redeem its shares generally in exchange for the deposit or delivery of a basket of securities. However, the Fund also will continue to reserve the right to permit or require its shares to be issued or redeemed in exchange for cash.
- Investment Limitations Removed: The Fund will no longer operate under the limitations of the exemptive order, allowing for a broader range of investments. However, the Fund does not intend to change its principal investment strategies following the removal of these limitations
- Management Fee Reduction: The unitary management fee will be reduced from 0.59% to 0.58% of the Fund's average daily net assets.
The Fund’s investment objective and principal strategies will remain unchanged despite these structural adjustments and fee reduction.
For additional information regarding the unique attributes and risks of the ETF, see the Risk & Other Information section below.
Performance
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
S&P U.S. Canada & Mexico Real Assets Equity Index-GR | 2.21 | 16.99 | 2.95 | N/A | N/A | 10.70 |
S&P 500 Index | -4.92 | 12.10 | 12.18 | 15.61 | 12.32 | 11.58 |
Fund History (%) | ||||||
Fund NAV | 3.91 | 23.19 | 4.42 | N/A | N/A | 11.40 |
After Tax Held | 3.56 | 21.41 | 3.35 | N/A | N/A | 10.01 |
After Tax Sold | 2.32 | 13.83 | 2.98 | N/A | N/A | 8.43 |
Fund Market Price | 4.10 | 23.41 | 4.46 | N/A | N/A | 11.35 |
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
S&P U.S. Canada & Mexico Real Assets Equity Index-GR | 4.70 | 14.54 | 2.66 | N/A | N/A | 11.55 |
S&P 500 Index | -4.27 | 8.25 | 9.06 | 18.59 | 12.50 | 12.00 |
Fund History (%) | ||||||
Fund NAV | 5.93 | 19.16 | 3.92 | N/A | N/A | 12.14 |
After Tax Held | 5.66 | 17.44 | 2.86 | N/A | N/A | 10.73 |
After Tax Sold | 3.51 | 11.42 | 2.58 | N/A | N/A | 9.01 |
Fund Market Price | 6.00 | 19.13 | 3.80 | N/A | N/A | 12.05 |
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.
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.
Growth of $10,000
Data beginning Fund inception and ending 03/31/2025. 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.
Sector Allocation
Sector | Percent of Fund |
---|---|
Real Estate | 51.03% |
Energy | 27.87% |
Materials | 13.47% |
Utilities | 7.11% |
Consumer Staples | 0.53% |
as of 05/22/2025 Top Holdings | View All
Fund Holdings subject to change
Ticker | Company | % of Fund |
---|---|---|
PLD | Prologis Inc | 5.74 |
SRE | Sempra | 4.44 |
EQIX | Equinix Inc | 4.27 |
AMT | American Tower Corp | 3.88 |
LNG | Cheniere Energy Inc | 3.85 |
ENB | Enbridge Inc | 3.84 |
WELL | Welltower Inc | 3.64 |
OKE | ONEOK Inc | 3.58 |
KMI | Kinder Morgan Inc | 3.43 |
WMB | Williams Cos Inc/The | 3.32 |
Distributions | Hide View All
Ex-Date | Record Date | Pay Date | $/ Share |
Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Liquidation Distribution |
---|---|---|---|---|---|---|---|---|
05/19/2025 | 05/19/2025 | 05/23/2025 | 0.03508 | 0.03508 | - | - | - | - |
04/21/2025 | 04/21/2025 | 04/25/2025 | 0.02880 | 0.02880 | - | - | - | - |
03/24/2025 | 03/24/2025 | 03/28/2025 | 0.03638 | 0.03638 | - | - | - | - |
02/24/2025 | 02/24/2025 | 02/28/2025 | 0.03214 | 0.03214 | - | - | - | - |
01/21/2025 | 01/21/2025 | 01/24/2025 | 0.03522 | 0.03522 | - | - | - | - |
12/23/2024 | 12/23/2024 | 12/27/2024 | 0.24532 | 0.06587 | 0.17945 | - | - | - |
11/18/2024 | 11/18/2024 | 11/22/2024 | 0.03848 | 0.03848 | - | - | - | - |
10/21/2024 | 10/21/2024 | 10/25/2024 | 0.05628 | 0.05628 | - | - | - | - |
09/23/2024 | 09/23/2024 | 09/27/2024 | 0.03518 | 0.03518 | - | - | - | - |
08/19/2024 | 08/19/2024 | 08/23/2024 | 0.02460 | 0.02460 | - | - | - | - |
07/22/2024 | 07/22/2024 | 07/26/2024 | 0.02460 | 0.02460 | - | - | - | - |
06/24/2024 | 06/24/2024 | 06/28/2024 | 0.02460 | 0.02460 | - | - | - | - |
05/20/2024 | 05/21/2024 | 05/24/2024 | 0.02460 | 0.02460 | - | - | - | - |
04/22/2024 | 04/23/2024 | 04/26/0204 | 0.02460 | 0.02460 | - | - | - | - |
03/18/2024 | 03/19/2024 | 03/22/2024 | 0.02460 | 0.02460 | - | - | - | - |
02/20/2024 | 02/21/2024 | 02/23/2024 | 0.02460 | 0.02460 | - | - | - | - |
01/22/2024 | 01/23/2024 | 01/26/2024 | 0.02460 | 0.02460 | - | - | - | - |
12/18/2023 | 12/19/2023 | 12/22/2023 | 0.07873 | 0.07873 | - | - | - | - |
11/20/2023 | 11/21/2023 | 11/24/2023 | 0.02460 | 0.02460 | - | - | - | - |
10/23/2023 | 10/24/2023 | 10/27/2023 | 0.02460 | 0.02460 | - | - | - | - |
09/18/2023 | 09/19/2023 | 09/22/2023 | 0.02460 | 0.02460 | - | - | - | - |
08/21/2023 | 08/22/2023 | 08/25/2023 | 0.02460 | 0.02460 | - | - | - | - |
07/24/2023 | 07/25/2023 | 07/28/0203 | 0.02460 | 0.02460 | - | - | - | - |
06/20/2023 | 06/21/2023 | 06/23/2023 | 0.02460 | 0.02460 | - | - | - | - |
05/22/2023 | 05/23/2023 | 05/26/2023 | 0.02460 | 0.02460 | - | - | - | - |
04/24/2023 | 04/25/2023 | 04/28/2023 | 0.02460 | 0.02460 | - | - | - | - |
03/20/2023 | 03/21/2023 | 03/24/2023 | 0.02460 | 0.02460 | - | - | - | - |
02/21/2023 | 02/22/2023 | 02/24/2023 | 0.02460 | 0.02460 | - | - | - | - |
01/23/2023 | 01/24/2023 | 01/27/2023 | 0.02460 | 0.02460 | - | - | - | - |
12/19/2022 | 12/20/2022 | 12/23/2022 | 0.03904 | 0.03904 | - | - | - | - |
11/21/2022 | 11/22/2022 | 11/25/2022 | 0.02460 | 0.02460 | - | - | - | - |
10/24/2022 | 10/25/2022 | 10/28/2022 | 0.02100 | 0.02100 | - | - | - | - |
09/19/2022 | 09/20/2022 | 09/23/2022 | 0.02460 | 0.02460 | - | - | - | - |
08/22/2022 | 08/23/2022 | 08/26/2022 | 0.02460 | 0.02460 | - | - | - | - |
07/18/2022 | 07/19/2022 | 07/22/2022 | 0.02460 | 0.02460 | - | - | - | - |
06/21/2022 | 06/22/2022 | 06/30/2022 | 0.02460 | 0.02460 | - | - | - | - |
05/23/2022 | 05/24/2022 | 05/31/2022 | 0.02460 | 0.02460 | - | - | - | - |
04/18/2022 | 04/19/2022 | 04/29/2022 | 0.02460 | 0.02460 | - | - | - | - |
03/21/2022 | 03/22/2022 | 03/31/2022 | 0.02460 | 0.02460 | - | - | - | - |
02/22/2022 | 02/23/2022 | 02/28/2022 | 0.02460 | 0.02460 | - | - | - | - |
01/24/2022 | 01/25/2022 | 01/31/2022 | 0.02460 | 0.02460 | - | - | - | - |
12/20/2021 | 12/21/2021 | 12/31/2021 | 0.42210 | 0.02460 | 0.36875 | 0.02875 | - | - |
11/22/2021 | 11/23/2021 | 11/30/2021 | 0.02460 | 0.02460 | - | - | - | - |
10/18/2021 | 10/19/2021 | 10/29/2021 | 0.02460 | 0.02460 | - | - | - | - |
09/20/2021 | 09/21/2021 | 09/30/2021 | 0.02460 | 0.02460 | - | - | - | - |
08/23/2021 | 08/24/2021 | 08/31/2021 | 0.02460 | 0.02460 | - | - | - | - |
07/19/2021 | 07/20/2021 | 07/30/2021 | 0.02460 | 0.02460 | - | - | - | - |
06/21/2021 | 06/22/2021 | 06/30/2021 | 0.02460 | 0.02460 | - | - | - | - |
05/24/2021 | 05/25/2021 | 05/28/2021 | 0.02460 | 0.02460 | - | - | - | - |
03/22/2021 | 03/23/2021 | 03/31/2021 | 0.02460 | 0.02460 | - | - | - | - |
02/22/2021 | 02/23/2021 | 02/26/2021 | 0.02460 | 0.02460 | - | - | - | - |
01/19/2021 | 01/20/2021 | 01/29/2021 | 0.15691 | 0.15691 | - | - | - | - |
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% |
03/31/2025 | 60 | 36 | 4 | 0 | 0 | 0 | 0 |
12/31/2024 | 64 | 34 | 7 | 3 | 0 | 0 | 0 |
09/30/2024 | 64 | 41 | 4 | 0 | 0 | 0 | 0 |
06/30/2024 | 63 | 39 | 1 | 0 | 0 | 0 | 0 |
Year Ended 2024 | 252 | 137 | 18 | 3 | 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% |
03/31/2025 | 60 | 17 | 3 | 0 | 0 | 0 | 0 |
12/31/2024 | 64 | 17 | 3 | 0 | 0 | 0 | 0 |
09/30/2024 | 64 | 18 | 1 | 0 | 0 | 0 | 0 |
06/30/2024 | 63 | 23 | 0 | 0 | 0 | 0 | 0 |
Year Ended 2024 | 252 | 88 | 6 | 0 | 0 | 0 | 0 |
Fund Inception : 12/22/2020
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.
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.
Fund Documents
Risk & Other Information
There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply.
In general, equity values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.
Investments in real assets companies may involve a higher degree of risk, including significant financial, operating, and competitive risks, and may expose the Fund to adverse macroeconomic conditions, such as changes and volatility in commodity prices, a rise in interest rates or a downturn in the economy in which the asset is located, elevating the risk of loss.
Stocks of companies with favorable ESG attributes may underperform the market as a whole. As a result, the Fund may underperform other funds that do not screen companies based on ESG attributes. The criteria used to select companies for investment may result in the Fund investing in securities, industries or sectors that underperform the market as a whole or underperform other funds screened for ESG standards.
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 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 investment techniques and risk analysis used by the portfolio managers may not produce the desired results.
Active trading results in added expenses and may result in a lower return and increased tax liability.
Investments focused in a particular sector, such as real estate and energy, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
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.
The S&P U.S., Canada & Mexico Real Assets Equity Index is a static weighted return of investable and liquid equity indexed components that measures the performance of real return strategies that invest in listed property, infrastructure, natural resources, and timber and forestry companies listed in the U.S., Canada, and Mexico.