HAO - Invesco China Small Cap ETF

Equity - International and Global Equity

Product Details

The Invesco China Small Cap ETF is based on the AlphaShares China Small Cap Index (Index). The Fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (“ADRs”) and global depositary receipts (“GDRs”)) that comprise the Index. The Index is designed to measure and monitor the performance of publicly-traded mainland China-based small-cap companies with a maximum $1.5 billion float adjusted market capitalization. The Fund and the Index are rebalanced annually.

as of 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
AlphaShares China Small Cap Index 7.84 1.48 3.94 0.10 1.63 2.39
MSCI China Index 13.96 7.07 10.96 6.03 4.55 3.88
Fund History (%)
Fund NAV 7.31 0.93 4.21 1.39 2.02 2.31
After Tax Held 7.31 -0.76 2.63 -0.05 0.99 1.42
After Tax Sold 4.33 0.85 2.58 0.45 1.12 1.40
Fund Market Price 7.23 -0.39 4.26 1.30 1.93 2.30
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
AlphaShares China Small Cap Index 5.49 -7.12 2.75 0.50 2.47 2.24
MSCI China Index 7.62 -3.93 7.72 6.04 4.86 3.43
Fund History (%)
Fund NAV 5.02 -6.20 2.99 1.77 2.85 2.16
After Tax Held 5.02 -7.76 1.43 0.32 1.81 1.25
After Tax Sold 2.97 -3.36 1.68 0.75 1.77 1.28
Fund Market Price 4.41 -6.21 2.39 1.67 2.73 2.10

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 May 18, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.

as of 09/30/2019

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.

as of 12/09/2019

Sector Allocation

Sector Percent of Fund
Industrials 19.01%
Real Estate 16.28%
Consumer Discretionary 14.59%
Information Technology 11.28%
Financials 8.34%
Materials 8.24%
Health Care 7.56%
Consumer Staples 6.40%
Utilities 3.46%
Communication Services 2.77%
Energy 2.07%

as of 12/09/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
2331 Li Ning Co Ltd 2.86
GDS GDS Holdings Ltd ADR 1.59
1579 Yihai International Holding Ltd 1.27
1548 Genscript Biotech Corp 1.23
168 Tsingtao Brewery Co Ltd 1.21
3908 China International Capital Corp Ltd 1.21
968 Xinyi Solar Holdings Ltd 1.18
268 Kingdee International Software Group Co Ltd 1.15
763 ZTE Corp 1.05
152 Shenzhen International Holdings Ltd 1.02

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/24/2018 12/26/2018 12/31/2018 1.19554 1.19554 - - -
12/26/2017 12/27/2017 12/29/2017 1.04930 1.04930 - - -
12/23/2016 12/28/2016 12/30/2016 0.75530 0.75530 - - -
12/24/2015 12/29/2015 12/31/2015 0.93860 0.93860 - - -
12/24/2014 12/29/2014 12/31/2014 0.58600 0.58600 - - -
12/24/2013 12/27/2013 12/31/2013 0.54700 0.54700 - - -
12/24/2012 12/27/2012 12/31/2012 0.31400 0.31400 - - -
12/23/2011 12/28/2011 12/30/2011 0.62000 0.62000 - - -
12/27/2010 12/29/2010 12/31/2010 0.44300 0.44300 - - -
12/24/2009 12/29/2009 12/31/2009 0.03000 0.03000 - - -
12/24/2008 12/29/2008 12/31/2008 0.09500 0.09500 - - -

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 15 3 1 2 0 0
03/31/2019 61 11 6 9 5 4 0
12/31/2018 63 11 5 8 8 1 0
09/30/2018 63 11 5 3 1 0 0
Year Ended 2018 251 42 15 27 9 2 2
    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 11 10 17 3 1 1
03/31/2019 61 12 3 10 0 1 0
12/31/2018 63 7 7 6 7 3 0
09/30/2018 63 10 5 19 8 0 1
Year Ended 2018 251 32 31 43 30 11 7

Fund Inception : 01/30/2008

 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.

Investing in securities of Chinese companies involves additional risks, including, but not limited to: the economy of China differs, often unfavorably, from the U.S. economy in such respects as structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others; the central government has historically exercised substantial control over virtually every sector of the Chinese economy through administrative regulation and/or state ownership; and actions of the Chinese central and local government authorities continue to have a substantial effect on economic conditions in China.

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.

Stocks of micro-cap companies tend to involve substantially greater risks of loss and price fluctuations than more established companies.

Stocks of small-capitalization companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale than large companies.

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 MSCI China Index is an unmanaged index considered representative of Chinese stocks. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The fund is not sponsored, endorsed, sold, or promoted by AlphaShares, Inc. ("licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the fund particularly or the ability of the AlphaShares China Small Cap Index ("index") to track general market performance. Licensor’s only relationship to Invesco Capital Management LLC ("licensee") is the licensing of the index which is determined, composed and calculated by licensor without regard to licensee or the fund. Licensor has no obligation to take the needs of the licensee or the shareholders of the fund into consideration in determining, composing or calculating the index. Licensor shall not be liable to any person for any error in the index nor shall it be under any obligation to advise any person of any error therein.

as of 12/10/2019
4:15 PM EST

HAO
Intraday Stats

  • Last Trade $24.66
  • Current IIV $25.68
  • Change $0.06
  • % Change 0.22%
as of 12/09/2019
  • NAV at market close $24.74
as of 12/09/2019

Fund Yield

  • SEC 30 Day Yield 1.99%
  • Distribution Rate 4.83%
  • 12 Month Distribution Rate 4.83%
  • 30-Day SEC Unsubsidized Yield
    as of 12/09/2019
    1.99%
as of 12/09/2019

Prior Close

  • Closing Price $24.60
  • Bid/Ask Midpoint $24.61
  • Bid/Ask Prem/Disc -$0.13
  • Bid/Ask Prem/Disc -0.53%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 10.63
  • Forward Price/Earnings Ratio 9.25
  • Price/Book Ratio1 0.97
  • ROE2 11.06%
  • Avg Market Cap2 $3,343MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker HAO
  • CUSIP # 46138E701
  • ISIN US46138E7013
  • Intraday NAV HAOIV
  • Index Ticker ACNSCT
  • Index Provider AlphaShares, LLC
  • Management Fee 0.55%
  • Total Expense Ratio 0.80%
  • Fee Waiver 0.05%
  • Net Expense Ratio 0.75%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange NYSE Arca
  • Inception Date 01/30/2008
  • # of Holdings 306
    as of 12/09/2019
as of 12/10/2019

Quick Facts

  • Previous Close $24.60
  • Open $24.52
  • Today's High $24.68
  • Today's Low $24.49
  • Today's Volume 2,980
  • 7,595 30-Day Avg Trading
    Volume
  • 52 Week High $27.84
  • 52 Week Low $21.96
  • Shares Outstanding 2.30MM
  • Market Value $56.9MM