USEQ - Invesco Russell 1000 Enhanced Equal Weight ETF

Equity - US Equity

Product Details

The Invesco Russell 1000 Enhanced Equal Weight ETF (the "fund") is based on the Russell 1000® Enhanced Value Equal Weight Index (the "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 10/31/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Enhanced Value Equal Weight Index 20.97 11.90 N/A N/A N/A 8.17
Russell 1000 Index 23.09 14.15 14.73 10.55 13.72 11.78
Fund History (%)
Fund NAV 20.63 11.61 N/A N/A N/A 7.88
After Tax Held 20.22 10.82 N/A N/A N/A 7.36
After Tax Sold 12.21 7.04 N/A N/A N/A 5.95
Fund Market Price 21.07 11.23 N/A N/A N/A 7.81
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Enhanced Value Equal Weight Index 19.82 2.58 N/A N/A N/A 8.02
Russell 1000 Index 20.53 3.87 13.19 10.62 13.23 11.19
Fund History (%)
Fund NAV 19.50 2.31 N/A N/A N/A 7.73
After Tax Held 19.09 1.59 N/A N/A N/A 7.19
After Tax Sold 11.54 1.53 N/A N/A N/A 5.82
Fund Market Price 19.97 2.23 N/A N/A N/A 7.67

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 09/30/2019

Growth of $10,000

Data beginning Fund inception and ending 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.

as of 11/20/2019

Sector Allocation

Sector Percent of Fund
Financials 16.79%
Industrials 16.44%
Information Technology 12.65%
Consumer Discretionary 12.55%
Health Care 8.77%
Real Estate 8.13%
Materials 6.51%
Consumer Staples 6.13%
Utilities 4.37%
Communication Services 4.00%
Energy 3.66%
as of 11/20/2019

Market Cap & Style Allocations

Large-Cap Value 13.54%
Large-Cap Blend 14.49%
Large-Cap Growth 8.60%
Mid-Cap Value 21.68%
Mid-Cap Blend 21.48%
Mid-Cap Growth 13.80%
Small-Cap Value 4.18%
Small-Cap Blend 1.84%
Small-Cap Growth 0.39%

as of 11/20/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
FISV Fiserv Inc 0.35
GPN Global Payments Inc 0.31
LHX L3Harris Technologies Inc 0.28
KLAC KLA Corp 0.22
QRVO Qorvo Inc 0.22
LRCX Lam Research Corp 0.20
UI Ubiquiti Inc 0.20
TGT Target Corp 0.20
JBL Jabil Inc 0.20
MKSI MKS Instruments Inc 0.20

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
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%
09/30/2019 64 5 0 0 0 0 0
03/31/2019 61 26 0 0 0 0 0
12/31/2018 63 35 2 2 0 0 0
09/30/2018 63 57 0 0 0 0 0
Year Ended 2018 251 158 21 10 1 1 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%
09/30/2019 64 58 1 0 0 0 0
03/31/2019 61 32 2 1 0 0 0
12/31/2018 63 21 1 2 0 0 0
09/30/2018 63 5 1 0 0 0 0
Year Ended 2018 251 45 9 6 0 0 0

Fund Inception : 07/13/2017

 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.

The fund is non-diversified and may experience greater volatility than a more diversified investment.

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.

as of 11/20/2019
12:00 AM EST

USEQ
Intraday Stats

  • Last Trade $29.47
  • Current IIV $29.49
  • Change $0.00
  • % Change 0.00%
as of 11/20/2019
  • NAV at market close $29.47
as of 11/20/2019

Prior Close

  • Closing Price $29.47
  • Bid/Ask Midpoint $29.47
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -

Fund Details

  • Fund Ticker USEQ
  • CUSIP # 46138E438
  • ISIN US46138E4382
  • Intraday NAV USEQIV
  • Index Ticker R1EVEWT
  • Index Provider FTSE Russell
  • Management Fee 0.29%
  • Total Expense Ratio 0.29%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange Cboe BZX Exchange, Inc.
  • Inception Date 07/13/2017
  • # of Holdings 704
    as of 11/20/2019
as of 11/20/2019

Quick Facts

  • Previous Close $29.47
  • Open $0.00
  • Today's High $0.00
  • Today's Low $0.00
  • Today's Volume 3
  • 2,416 30-Day Avg Trading
    Volume
  • 52 Week High $29.58
  • 52 Week Low $22.78
  • Shares Outstanding .55MM
  • Market Value $16.2MM