Product Details
The Invesco S&P 500® Equal Weight Financials ETF (Fund) is based on the S&P 500® Equal Weight Financials Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the financials sector of the S&P 500® Index. The Fund and the Index are rebalanced quarterly.
Morningstar Rating ™
Overall Rating - Financial CategoryAs of 02/28/2023 the Fund had an overall rating of 4 stars out of 93 funds and was rated 4 stars out of 93 funds, 4 stars out of 88 funds and 4 stars out of 74 funds for the 3-, 5- and 10- year periods, respectively.
Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2023 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.
Performance
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| S&P 500 Equal Weight Financials Index | 5.42 | -5.28 | 16.15 | 8.48 | 12.91 | 6.13 |
| S&P 500 Index | 3.69 | -7.69 | 12.15 | 9.82 | 12.25 | 8.92 |
| S&P 500 Financials Index | 4.41 | -5.35 | 12.75 | 6.60 | 11.85 | 3.56 |
| Fund History (%) | ||||||
| Fund NAV | 5.35 | -5.64 | 15.74 | 8.08 | 12.40 | 5.46 |
| After Tax Held | 5.35 | -6.08 | 15.14 | 7.53 | 10.18 | 3.91 |
| After Tax Sold | 3.17 | -3.07 | 12.27 | 6.25 | 8.96 | 3.50 |
| Fund Market Price | 5.61 | -5.49 | 15.80 | 8.09 | 12.37 | 5.46 |
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| S&P 500 Equal Weight Financials Index | -10.25 | -10.25 | 9.12 | 7.78 | 13.27 | 5.85 |
| S&P 500 Index | -18.11 | -18.11 | 7.66 | 9.42 | 12.56 | 8.77 |
| S&P 500 Financials Index | -10.53 | -10.53 | 5.90 | 6.42 | 12.16 | 3.32 |
| Fund History (%) | ||||||
| Fund NAV | -10.59 | -10.59 | 8.74 | 7.38 | 12.76 | 5.18 |
| After Tax Held | -11.30 | -11.30 | 8.05 | 6.76 | 10.49 | 3.59 |
| After Tax Sold | -6.27 | -6.27 | 6.58 | 5.63 | 9.26 | 3.25 |
| Fund Market Price | -10.87 | -10.87 | 8.68 | 7.31 | 12.79 | 5.16 |
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 the result of a reorganization on April 6, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.
Growth of $10,000
Data beginning 10 years prior to the ending date of 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.
Industry Allocations
| Industry | Percent of Fund |
|---|---|
| Insurance | 31.79% |
| Capital Markets | 30.22% |
| Banks | 19.38% |
| Financial Services | 12.80% |
| Consumer Finance | 5.42% |
| Investment Companies - MMF | 0.39% |
| Cash | 0.00% |
Market Cap & Style Allocations
| Large-Cap Value | 22.85% |
| Large-Cap Blend | 19.70% |
| Large-Cap Growth | 5.49% |
| Mid-Cap Value | 27.66% |
| Mid-Cap Blend | 17.55% |
| Mid-Cap Growth | 5.62% |
| Small-Cap Value | 1.13% |
| Small-Cap Blend | - |
| Small-Cap Growth | - |
as of 03/21/2023 Top Holdings | View All
Fund Holdings subject to change
| Ticker | Company | % of Fund |
|---|---|---|
| MKTX | MarketAxess Holdings Inc | 1.56 |
| CBOE | Cboe Global Markets Inc | 1.52 |
| FLT | FleetCor Technologies Inc | 1.51 |
| MSCI | MSCI Inc | 1.49 |
| FDS | FactSet Research Systems Inc | 1.49 |
| TROW | T Rowe Price Group Inc | 1.48 |
| SPGI | S&P Global Inc | 1.47 |
| CME | CME Group Inc | 1.47 |
| ICE | Intercontinental Exchange Inc | 1.47 |
| PYPL | PayPal Holdings Inc | 1.47 |
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 | 0.31897 | 0.31897 | - | - | - | - |
| 12/19/2022 | 12/20/2022 | 12/23/2022 | 0.26369 | 0.26369 | - | - | - | - |
| 09/19/2022 | 09/20/2022 | 09/23/2022 | 0.28225 | 0.28225 | - | - | - | - |
| 06/21/2022 | 06/22/2022 | 06/30/2022 | 0.28740 | 0.28740 | - | - | - | - |
| 03/21/2022 | 03/22/2022 | 03/31/2022 | 0.26619 | 0.26619 | - | - | - | - |
| 12/20/2021 | 12/21/2021 | 12/31/2021 | 0.27276 | 0.27276 | - | - | - | - |
| 09/20/2021 | 09/21/2021 | 09/30/2021 | 0.26303 | 0.26303 | - | - | - | - |
| 06/21/2021 | 06/22/2021 | 06/30/2021 | 0.20769 | 0.20769 | - | - | - | - |
| 03/22/2021 | 03/23/2021 | 03/31/2021 | 0.26135 | 0.26135 | - | - | - | - |
| 12/21/2020 | 12/22/2020 | 12/31/2020 | 0.24238 | 0.24238 | - | - | - | - |
| 09/21/2020 | 09/22/2020 | 09/30/2020 | 0.25280 | 0.25280 | - | - | - | - |
| 06/22/2020 | 06/23/2020 | 06/30/2020 | 0.30698 | 0.30698 | - | - | - | - |
| 03/23/2020 | 03/24/2020 | 03/31/2020 | 0.27135 | 0.27135 | - | - | - | - |
| 12/23/2019 | 12/24/2019 | 12/31/2019 | 0.19661 | 0.19661 | - | - | - | - |
| 09/23/2019 | 09/24/2019 | 09/30/2019 | 0.21825 | 0.21825 | - | - | - | - |
| 06/24/2019 | 06/25/2019 | 06/28/2019 | 0.20577 | 0.20577 | - | - | - | - |
| 03/18/2019 | 03/19/2019 | 03/29/2019 | 0.24747 | 0.24747 | - | - | - | - |
| 12/24/2018 | 12/26/2018 | 12/31/2018 | 0.27103 | 0.27103 | - | - | - | - |
| 09/24/2018 | 09/25/2018 | 09/28/2018 | 0.21401 | 0.21401 | - | - | - | - |
| 06/15/2018 | 06/18/2018 | 06/29/2018 | 0.20493 | 0.20493 | - | - | - | - |
| 03/16/2018 | 03/16/2018 | 03/29/2018 | 0.22140 | 0.22140 | - | - | - | - |
| 12/15/2017 | 12/18/2017 | 12/29/2017 | 0.08230 | 0.08230 | - | - | - | - |
| 09/15/2017 | 09/15/2017 | 09/29/2017 | 0.14650 | 0.14650 | - | - | - | - |
| 06/16/2017 | 06/16/2017 | 06/30/2017 | 0.13970 | 0.13970 | - | - | - | - |
| 03/17/2017 | 03/17/2017 | 03/31/2017 | 0.19740 | 0.19740 | - | - | - | - |
| 09/16/2016 | 09/16/2016 | 09/30/2016 | 0.01108 | 0.01108 | - | - | - | - |
| 06/17/2016 | 06/21/2016 | 06/30/2016 | 0.10466 | 0.10466 | - | - | - | - |
| 03/18/2016 | 03/22/2016 | 03/31/2016 | 0.34825 | 0.34825 | - | - | - | - |
| 12/18/2015 | 12/22/2015 | 12/31/2015 | 0.28137 | 0.28137 | - | - | - | - |
| 09/18/2015 | 09/22/2015 | 09/30/2015 | 0.24060 | 0.24060 | - | - | - | - |
| 06/19/2015 | 06/23/2015 | 06/30/2015 | 0.18318 | 0.18318 | - | - | - | - |
| 03/20/2015 | 03/24/2015 | 03/31/2015 | 0.23171 | 0.23171 | - | - | - | - |
| 12/19/2014 | 12/23/2014 | 12/31/2014 | 0.19947 | 0.19947 | - | - | - | - |
| 09/19/2014 | 09/23/2014 | 09/30/2014 | 0.15731 | 0.15731 | - | - | - | - |
| 06/20/2014 | 06/24/2014 | 06/30/2014 | 0.17520 | 0.17520 | - | - | - | - |
| 03/21/2014 | 03/25/2014 | 03/31/2014 | 0.18815 | 0.18815 | - | - | - | - |
| 12/20/2013 | 12/24/2013 | 12/31/2013 | 0.14290 | 0.14290 | - | - | - | - |
| 09/20/2013 | 09/24/2013 | 09/30/2013 | 0.16844 | 0.16844 | - | - | - | - |
| 06/21/2013 | 06/25/2013 | 06/28/2013 | 0.10308 | 0.10308 | - | - | - | - |
| 03/15/2013 | 03/19/2013 | 03/28/2013 | 0.20567 | 0.20567 | - | - | - | - |
| 12/21/2012 | 12/26/2012 | 12/31/2012 | 0.21729 | 0.21729 | - | - | - | - |
| 09/21/2012 | 09/25/2012 | 09/28/2012 | 0.12174 | 0.12174 | - | - | - | - |
| 06/15/2012 | 06/19/2012 | 06/29/2012 | 0.11102 | 0.11102 | - | - | - | - |
| 03/16/2012 | 03/20/2012 | 03/30/2012 | 0.27903 | 0.27903 | - | - | - | - |
| 09/16/2011 | 09/20/2011 | 09/30/2011 | 0.09153 | 0.09153 | - | - | - | - |
| 06/17/2011 | 06/21/2011 | 06/30/2011 | 0.04043 | 0.04043 | - | - | - | - |
| 03/18/2011 | 03/22/2011 | 03/31/2011 | 0.24984 | 0.24984 | - | - | - | - |
| 09/17/2010 | 09/21/2010 | 09/30/2010 | 0.08628 | 0.08628 | - | - | - | - |
| 06/18/2010 | 06/22/2010 | 06/30/2010 | 0.07468 | 0.07468 | - | - | - | - |
| 03/19/2010 | 03/23/2010 | 03/31/2010 | 0.15041 | 0.15041 | - | - | - | - |
| 09/18/2009 | 09/22/2009 | 09/30/2009 | 0.07636 | 0.07636 | - | - | - | - |
| 06/19/2009 | 06/23/2009 | 06/30/2009 | 0.05636 | 0.05636 | - | - | - | - |
| 03/20/2009 | 03/24/2009 | 03/31/2009 | 0.15329 | 0.15329 | - | - | - | - |
| 12/19/2008 | 12/23/2008 | 12/31/2008 | 0.13081 | 0.13081 | - | - | - | - |
| 09/19/2008 | 09/23/2008 | 09/30/2008 | 0.19132 | 0.19132 | - | - | - | - |
| 06/20/2008 | 06/24/2008 | 06/30/2008 | 0.21990 | 0.21990 | - | - | - | - |
| 03/20/2008 | 03/25/2008 | 03/31/2008 | 0.26382 | 0.26382 | - | - | - | - |
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 | 23 | 0 | 0 | 0 | 0 | 0 |
| 09/30/2022 | 64 | 24 | 5 | 1 | 0 | 0 | 0 |
| 06/30/2022 | 62 | 28 | 2 | 0 | 0 | 0 | 0 |
| 03/31/2022 | 62 | 27 | 4 | 0 | 0 | 0 | 0 |
| Year Ended 2022 | 251 | 102 | 11 | 1 | 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 | 38 | 1 | 1 | 0 | 0 | 0 |
| 09/30/2022 | 64 | 30 | 4 | 0 | 0 | 0 | 0 |
| 06/30/2022 | 62 | 26 | 6 | 0 | 0 | 0 | 0 |
| 03/31/2022 | 62 | 29 | 2 | 0 | 0 | 0 | 0 |
| Year Ended 2022 | 251 | 123 | 13 | 1 | 0 | 0 | 0 |
Fund Inception : 11/01/2006
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.
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 financials, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
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.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
The S&P 500® Financials Index is an unmanaged index considered representative of the financial market.
"Standard & Poor’s," "S&P", and "S&P 500" are trademarks of Standard & Poor’s Financial Services, LLC and have been licensed for use by Invesco Capital Management LLC and its affiliates. Invesco S&P 500® Equal Weight Financials ETF is not sponsored, endorsed, sold, or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in Invesco S&P 500® Equal Weight Financials ETF.
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