IDLB - Invesco FTSE International Low Beta Equal Weight ETF

Equity - International and Global Equity

Product Details

The Invesco FTSE International Low Beta Equal Weight ETF (Fund) is based on the FTSE Developed ex-U.S. Low Beta Equal Weight Index (Index). The Fund generally will invest at least 90% of its total assets in the securities that comprise the Index. The Index tracks the performance of stocks in the FTSE Developed ex US Index that exhibit low beta characteristics. The Fund and Index are rebalanced semi-annually on the third Friday in March and September.

as of 03/31/2020

Morningstar Rating

Overall Rating - Foreign Large Blend Category

As of 03/31/2020 the Fund had an overall rating of 4 stars out of 638 funds and was rated 4 stars out of 638 funds, N/A stars out of N/A funds and N/A stars out of N/A funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

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. ©2020 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.

as of 03/31/2020 03/31/2020

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
FTSE Developed ex US Low Beta Equal Weight Index -21.88 -17.01 -1.77 N/A N/A 0.74
MSCI World ex USA Index -23.26 -14.89 -2.07 -0.76 2.43 0.07
Fund History (%)
Fund NAV -21.77 -17.22 -2.21 N/A N/A 0.24
After Tax Held -22.03 -18.00 -2.81 N/A N/A -0.28
After Tax Sold -12.91 -9.29 -1.39 N/A N/A 0.43
Fund Market Price -21.95 -17.58 -2.38 N/A N/A -0.04
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
FTSE Developed ex US Low Beta Equal Weight Index -21.88 -17.01 -1.77 N/A N/A 0.74
MSCI World ex USA Index -23.26 -14.89 -2.07 -0.76 2.43 0.07
Fund History (%)
Fund NAV -21.77 -17.22 -2.21 N/A N/A 0.24
After Tax Held -22.03 -18.00 -2.81 N/A N/A -0.28
After Tax Sold -12.91 -9.29 -1.39 N/A N/A 0.43
Fund Market Price -21.95 -17.58 -2.38 N/A N/A -0.04

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 03/31/2020

Growth of $10,000

Data beginning Fund inception and ending 03/31/2020. 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 04/08/2020

Sector Allocation

Sector Percent of Fund
Industrials 15.51%
Consumer Staples 15.38%
Financials 13.80%
Consumer Discretionary 9.54%
Communication Services 8.60%
Real Estate 7.38%
Materials 7.37%
Health Care 7.15%
Utilities 7.13%
Information Technology 6.28%
Energy 1.86%
as of 04/08/2020

Top Country Allocation

Country Percentage
Japan 35.04%
South Korea 9.14%
United Kingdom 5.61%
Australia 5.57%
Hong Kong 4.60%
France 4.58%
Germany 3.92%
Canada 3.79%
Israel 2.96%
Singapore 2.91%
as of 04/06/2020

Market Cap & Style Allocations

Large-Cap Value 13.74%
Large-Cap Blend 14.41%
Large-Cap Growth 11.19%
Mid-Cap Value 20.04%
Mid-Cap Blend 19.34%
Mid-Cap Growth 16.50%
Small-Cap Value 2.29%
Small-Cap Blend 2.00%
Small-Cap Growth 0.49%

as of 04/08/2020 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
9533 Toho Gas Co Ltd 0.21
4519 Chugai Pharmaceutical Co Ltd 0.20
4967 Kobayashi Pharmaceutical Co Ltd 0.20
7947 FP Corp 0.19
8113 Unicharm Corp 0.19
9143 SG Holdings Co Ltd 0.19
2212 Yamazaki Baking Co Ltd 0.19
3349 Cosmos Pharmaceutical Corp 0.19
2269 MEIJI Holdings Co Ltd 0.19
6869 Sysmex Corp 0.19

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
03/23/2020 03/24/2020 03/31/2020 0.15633 0.15633 - - - -
12/23/2019 12/24/2019 12/31/2019 0.34741 0.34741 - - - -
09/23/2019 09/24/2019 09/30/2019 0.31748 0.31748 - - - -
06/24/2019 06/25/2019 06/28/2019 0.35122 0.35122 - - - -
03/18/2019 03/19/2019 03/29/2019 0.03761 0.03761 - - - -
12/24/2018 12/26/2018 12/31/2018 0.15914 0.15914 - - - -
09/24/2018 09/25/2018 09/28/2018 0.12781 0.12781 - - - -
06/18/2018 06/19/2018 06/29/2018 0.32055 0.32055 - - - -
03/19/2018 03/20/2018 03/29/2018 0.02566 0.02566 - - - -
12/18/2017 12/19/2017 12/29/2017 0.38292 0.38292 - - - -
09/18/2017 09/19/2017 09/29/2017 0.11178 0.11178 - - - -
06/16/2017 06/20/2017 06/30/2017 0.31026 0.31026 - - - -
03/17/2017 03/21/2017 03/31/2017 0.02534 0.02534 - - - -
12/16/2016 12/20/2016 12/30/2016 0.26461 0.26461 - - - -
09/16/2016 09/20/2016 09/30/2016 0.07248 0.07248 - - - -
06/17/2016 06/21/2016 06/30/2016 0.24122 0.24122 - - - -
03/18/2016 03/22/2016 03/31/2016 - - - - - -
12/18/2015 12/22/2015 12/31/2015 0.08246 0.08246 - - - -

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%
03/31/2020 62 4 3 1 0 0 0
12/31/2019 64 5 3 1 0 0 0
09/30/2019 64 0 2 0 0 0 0
06/30/2019 63 4 0 0 0 0 0
Year Ended 2019 252 20 12 11 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%
03/31/2020 62 11 22 20 1 0 0
12/31/2019 64 19 28 8 0 0 0
09/30/2019 64 14 29 17 2 0 0
06/30/2019 63 16 24 16 3 0 0
Year Ended 2019 252 62 97 45 5 0 0

Fund Inception : 11/05/2015

 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.

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 risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The Japanese economy has been adversely affected by trade tariffs and competition from emerging economies, and has experienced the effects of the economic slowdown in the United States and Europe. Japan’s economy also faces several other concerns, including a financial system with large levels of nonperforming loans, over-leveraged corporate balance sheets, a changing corporate governance structure and large government deficits, which may cause a continued slowdown.

MSCI World ex US Index is an unmanaged index considered representative of stocks of developed countries excluding the United States.

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 FTSE Developed ex US Low Beta 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.

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.

as of 04/08/2020
3:47 PM EST

IDLB
Intraday Stats

  • Last Trade $22.36
  • Current IIV $22.58
  • Change $0.04
  • % Change 0.18%
as of 04/08/2020
  • NAV at market close $22.57
as of 04/08/2020

Fund Yield

  • SEC 30 Day Yield 2.50%
  • Distribution Rate 2.77%
  • 12 Month Distribution Rate 5.18%
  • 30-Day SEC Unsubsidized Yield
    as of 04/08/2020
    2.54%
as of 04/08/2020

Prior Close

  • Closing Price $22.32
  • Bid/Ask Midpoint $0.01
  • Bid/Ask Prem/Disc -$22.56
  • Bid/Ask Prem/Disc -99.96%
as of 03/31/2020

Fund Characteristics

  • Price/Earnings Ratio1 13.61
  • Forward Price/Earnings Ratio 13.46
  • Price/Book Ratio1 1.23
  • ROE2 12.59%
  • Avg Market Cap2 $12,964MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker IDLB
  • CUSIP # 46138E768
  • ISIN US46138E7682
  • Intraday NAV IDLBIV
  • Index Ticker FDXULBET
  • Index Provider FTSE Russell
  • Management Fee 0.45%
  • Total Expense Ratio 0.45%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 11/05/2015
  • # of Holdings 785
    as of 04/08/2020
as of 04/08/2020

Quick Facts

  • Previous Close $22.32
  • Open $22.32
  • Today's High $22.42
  • Today's Low $22.18
  • Today's Volume 15,380
  • 9,274 30-Day Avg Trading
    Volume
  • 52 Week High $28.92
  • 52 Week Low $18.34
  • Shares Outstanding .95MM
  • Market Value $21.4MM