PIE - Invesco DWA Emerging Markets Momentum ETFEquity - International and Global Equity
Morningstar Rating ™Overall Rating - Diversified Emerging Mkts Category
As of 10/31/2019 the Fund had an overall rating of 4 stars out of 700 funds and was rated 3 stars out of 700 funds, 3 stars out of 562 funds and 4 stars out of 239 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. ©2019 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.
|Index History (%)|
|Dorsey Wright Emerging Markets Technical Leaders Index||21.21||19.51||8.64||2.81||6.39||1.36|
|MSCI Emerging Markets Index||10.35||11.86||7.36||2.93||3.78||0.91|
|Fund History (%)|
|After Tax Held||19.52||17.37||6.71||1.14||4.57||-1.53|
|After Tax Sold||11.89||11.02||5.60||1.19||3.89||-0.96|
|Fund Market Price||20.61||18.03||7.07||1.42||4.76||-1.52|
|Index History (%)|
|Dorsey Wright Emerging Markets Technical Leaders Index||14.36||1.86||6.60||1.89||5.70||0.87|
|MSCI Emerging Markets Index||5.89||-2.02||5.97||2.33||3.37||0.56|
|Fund History (%)|
|After Tax Held||13.09||0.01||4.66||0.28||3.78||-2.00|
|After Tax Sold||8.09||0.67||4.01||0.54||3.26||-1.29|
|Fund Market Price||13.90||0.86||4.57||0.38||3.79||-2.00|
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 10 years prior to the ending date of 09/30/2019. 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||Percent of Fund|
Top Country Allocation
Market Cap & Style Allocations
as of 11/20/2019 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|TAL||TAL Education Group ADR||3.03|
|2313||Shenzhou International Group Holdings Ltd||2.90|
|2020||ANTA Sports Products Ltd||2.77|
|700||Tencent Holdings Ltd||2.71|
|CPALL-R TB||CP ALL PCL||2.45|
|1579||Yihai International Holding Ltd||2.33|
|CLS||Clicks Group Ltd||2.26|
|1093||CSPC Pharmaceutical Group Ltd||2.10|
|3023||Sinbon Electronics Co Ltd||2.01|
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 financial, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
The Fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.
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 performance of an investment concentrated in issuers of a certain region or country, such as the Taiwan, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.
The MSCI Emerging Markets Index is an unmanaged index considered representative of stocks of developing countries. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The NASDAQ Emerging Markets Index is a subset of the comprehensive NASDAQ Global Index FamilySM, which provides a transparent, rules-based global equity benchmark for institutional investors.
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.