Product Details
The Invesco PureBeta℠ MSCI USA ETF (Fund ) is based on the MSCI USA Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The index measures the performance in the large- and mid-capitalization segments of the US equity market and weights securities by their free float-adjusted market capitalization. The Fund and the Index are rebalanced and reconstituted quarterly on the last business day of February, May, August and November.
Performance
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
MSCI USA Index | 4.04 | -8.50 | 11.95 | 9.77 | 12.17 | 10.74 |
Fund History (%) | ||||||
Fund NAV | 4.02 | -8.53 | 11.91 | 9.67 | N/A | 10.64 |
After Tax Held | 4.02 | -8.90 | 11.46 | 9.20 | N/A | 10.18 |
After Tax Sold | 2.38 | -4.81 | 9.22 | 7.55 | N/A | 8.39 |
Fund Market Price | 4.34 | -8.33 | 12.53 | 9.65 | N/A | 10.68 |
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
MSCI USA Index | -19.46 | -19.46 | 7.47 | 9.31 | 12.45 | 10.26 |
Fund History (%) | ||||||
Fund NAV | -19.47 | -19.47 | 7.43 | 9.21 | N/A | 10.17 |
After Tax Held | -20.01 | -20.01 | 6.90 | 8.69 | N/A | 9.64 |
After Tax Sold | -11.51 | -11.51 | 5.58 | 7.13 | N/A | 7.93 |
Fund Market Price | -19.75 | -19.75 | 7.41 | 9.12 | N/A | 10.15 |
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.
Growth of $10,000
Data beginning Fund inception and ending 12/31/2022. 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 The results assume that no cash was added to or assets withdrawn from the Index.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 |
---|---|
Information Technology | 25.82% |
Health Care | 14.19% |
Financials | 12.87% |
Consumer Discretionary | 10.14% |
Industrials | 8.94% |
Communication Services | 8.22% |
Consumer Staples | 6.93% |
Energy | 4.55% |
Utilities | 2.73% |
Materials | 2.65% |
Real Estate | 2.62% |
Investment Companies | 0.32% |
Cash | 0.01% |
Market Cap & Style Allocations
Large-Cap Value | 15.88% |
Large-Cap Blend | 37.74% |
Large-Cap Growth | 28.64% |
Mid-Cap Value | 5.02% |
Mid-Cap Blend | 8.37% |
Mid-Cap Growth | 4.29% |
Small-Cap Value | 0.06% |
Small-Cap Blend | - |
Small-Cap Growth | - |
as of 03/21/2023 Top Holdings | View All
Fund Holdings subject to change
Ticker | Company | % of Fund |
---|---|---|
AAPL | Apple Inc | 7.14 |
MSFT | Microsoft Corp | 5.46 |
AMZN | Amazon.com Inc | 2.60 |
NVDA | NVIDIA Corp | 1.82 |
GOOGL | Alphabet Inc | 1.77 |
GOOG | Alphabet Inc | 1.63 |
TSLA | Tesla Inc | 1.49 |
META | Meta Platforms Inc | 1.28 |
UNH | UnitedHealth Group Inc | 1.26 |
XOM | Exxon Mobil Corp | 1.24 |
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 |
---|---|---|---|---|---|---|---|---|
03/20/2023 | 03/21/2023 | 03/24/2023 | 0.16809 | 0.16809 | - | - | - | - |
12/19/2022 | 12/20/2022 | 12/23/2022 | 0.16519 | 0.16519 | - | - | - | - |
09/19/2022 | 09/20/2022 | 09/23/2022 | 0.16202 | 0.16202 | - | - | - | - |
06/21/2022 | 06/22/2022 | 06/30/2022 | 0.16154 | 0.16154 | - | - | - | - |
03/21/2022 | 03/22/2022 | 03/31/2022 | 0.16323 | 0.16323 | - | - | - | - |
12/20/2021 | 12/21/2021 | 12/31/2021 | 0.17243 | 0.16080 | 0.01113 | 0.00050 | - | - |
09/20/2021 | 09/21/2021 | 09/30/2021 | 0.12549 | 0.12549 | - | - | - | - |
06/21/2021 | 06/22/2021 | 06/30/2021 | 0.04462 | 0.04462 | - | - | - | - |
03/22/2021 | 03/23/2021 | 03/31/2021 | 0.12736 | 0.12736 | - | - | - | - |
12/21/2020 | 12/22/2020 | 12/31/2020 | 0.12782 | 0.12782 | - | - | - | - |
09/21/2020 | 09/22/2020 | 09/30/2020 | 0.13121 | 0.13121 | - | - | - | - |
06/22/2020 | 06/23/2020 | 06/30/2020 | 0.10356 | 0.10356 | - | - | - | - |
03/23/2020 | 03/24/2020 | 03/31/2020 | 0.15383 | 0.15383 | - | - | - | - |
12/23/2019 | 12/24/2019 | 12/31/2019 | 0.17400 | 0.17400 | - | - | - | - |
09/23/2019 | 09/24/2019 | 09/30/2019 | 0.07803 | 0.07803 | - | - | - | - |
06/24/2019 | 06/25/2019 | 06/28/2019 | 0.13194 | 0.13194 | - | - | - | - |
03/18/2019 | 03/19/2019 | 03/29/2019 | 0.10751 | 0.10751 | - | - | - | - |
12/26/2018 | 12/27/2018 | 12/31/2018 | - | - | 0.04411 | 0.02340 | - | - |
12/24/2018 | 12/26/2018 | 12/31/2018 | 0.14895 | 0.14895 | - | - | - | - |
09/24/2018 | 09/25/2018 | 09/28/2018 | 0.13742 | 0.13742 | - | - | - | - |
06/18/2018 | 06/19/2018 | 06/29/2018 | 0.12544 | 0.12544 | - | - | - | - |
03/19/2018 | 03/20/2018 | 03/29/2018 | 0.09828 | 0.09828 | - | - | - | - |
12/18/2017 | 12/19/2017 | 12/29/2017 | 0.13279 | 0.13279 | - | - | - | - |
Distribution Information
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% |
12/31/2022 | 63 | 37 | 1 | 0 | 0 | 0 | 0 |
09/30/2022 | 64 | 24 | 7 | 0 | 0 | 0 | 0 |
06/30/2022 | 62 | 27 | 2 | 1 | 0 | 0 | 0 |
03/31/2022 | 62 | 28 | 6 | 1 | 0 | 0 | 0 |
Year Ended 2022 | 251 | 116 | 16 | 2 | 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% |
12/31/2022 | 63 | 25 | 0 | 0 | 0 | 0 | 0 |
09/30/2022 | 64 | 29 | 4 | 0 | 0 | 0 | 0 |
06/30/2022 | 62 | 24 | 8 | 0 | 0 | 0 | 0 |
03/31/2022 | 62 | 19 | 8 | 0 | 0 | 0 | 0 |
Year Ended 2022 | 251 | 97 | 20 | 0 | 0 | 0 | 0 |
Fund Inception : 09/22/2017
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.
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
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 information technology, 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 constituents of the Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status under such circumstances.
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. PureBeta is a market-capitalization weighted methodology, and in no way refers to the purity or absence of errors or flaws in the Underlying Index’s methodology or of the Fund in seeking to track the investment results of the Underlying Index.
The Invesco PureBeta℠ MSCI USA ETF or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such the Invesco PureBeta℠ MSCI USA ETF or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Invesco and any related funds.
MSCI INC. ("MSCI") AND THE MSCI INDEX NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY THE ADVISER.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.