IPKW - Invesco International BuyBack Achievers™ ETF

Equity - International and Global Equity

Product Details

The Invesco International BuyBack Achievers™ ETF (the "Fund") is based on the Nasdaq International BuyBack Achievers™ Index (the "Index"). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of common stocks of foreign companies that meet the requirements to be classified as BuyBack Achievers™. The Nasdaq International BuyBack Achievers Index is comprised of securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in its latest fiscal year. The Fund and the Index are reconstituted annually in July and rebalanced quarterly in January, April, July and October.

as of 02/29/2020 12/31/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
NASDAQ International BuyBack Achievers Index -12.66 -3.66 1.67 5.08 N/A 5.53
MSCI AC World Ex-U.S. Index -10.38 -0.69 4.15 2.18 4.34 2.06
Fund History (%)
Fund NAV -12.82 -4.34 1.20 4.40 N/A 4.84
After Tax Held -12.82 -4.67 0.93 4.09 N/A 4.52
After Tax Sold -7.59 -1.85 1.16 3.60 N/A 3.93
Fund Market Price -12.88 -4.64 1.04 4.25 N/A 4.64
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
NASDAQ International BuyBack Achievers Index 20.89 20.89 8.70 9.32 N/A 8.17
MSCI AC World Ex-U.S. Index 21.51 21.51 9.87 5.51 4.97 4.05
Fund History (%)
Fund NAV 20.11 20.11 8.23 8.63 N/A 7.48
After Tax Held 18.86 18.86 7.69 8.15 N/A 7.02
After Tax Sold 11.85 11.85 6.32 6.79 N/A 5.88
Fund Market Price 20.34 20.34 8.06 8.67 N/A 7.28

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 12/31/2019

Growth of $10,000

Data beginning Fund inception and ending 12/31/2019. 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 04/03/2020

Sector Allocation

Sector Percent of Fund
Consumer Discretionary 22.20%
Industrials 18.13%
Communication Services 12.92%
Materials 11.27%
Consumer Staples 11.25%
Energy 6.94%
Information Technology 5.87%
Financials 5.85%
Real Estate 3.07%
Health Care 2.51%
as of 04/03/2020

Top Country Allocation

Country Percentage
Japan 34.07%
Canada 24.28%
Netherlands 12.48%
Australia 7.22%
United Kingdom 4.96%
Germany 4.25%
South Korea 3.62%
Denmark 3.41%
Ireland 2.65%
Switzerland 2.37%

Quality Allocations as of 04/03/2020

S&P Moody's
BBB : 0% Baa : 2%
BB : 2% Ba : 0%

as of 04/03/2020 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
9437 NTT DOCOMO Inc 7.83
AD Koninklijke Ahold Delhaize NV 7.31
TRI Thomson Reuters Corp 7.01
RIO LN Rio Tinto PLC 5.83
4689 Z Holdings Corp 5.09
6502 Toshiba Corp 4.99
MG Magna International Inc 4.00
7202 Isuzu Motors Ltd 3.14
5019 Idemitsu Kosan Co Ltd 3.10
ASM ASM International NV 2.97

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 0.24545 0.24545 - - - -
12/23/2019 12/24/2019 12/31/2019 0.13563 0.13563 - - - -
09/23/2019 09/24/2019 09/30/2019 0.32219 0.32219 - - - -
06/24/2019 06/25/2019 06/28/2019 0.27418 0.27418 - - - -
03/18/2019 03/19/2019 03/29/2019 0.08306 0.08306 - - - -
12/24/2018 12/26/2018 12/31/2018 0.25732 0.25732 - - - -
09/24/2018 09/25/2018 09/28/2018 0.18488 0.18488 - - - -
06/18/2018 06/19/2018 06/29/2018 0.21567 0.21567 - - - -
03/19/2018 03/20/2018 03/29/2018 0.09350 0.09350 - - - -
12/18/2017 12/19/2017 12/29/2017 0.23605 0.23605 - - - -
09/18/2017 09/19/2017 09/29/2017 0.02373 0.02373 - - - -
06/16/2017 06/20/2017 06/30/2017 0.08815 0.08815 - - - -
12/16/2016 12/20/2016 12/30/2016 0.26685 0.26685 - - - -
09/16/2016 09/20/2016 09/30/2016 0.10777 0.10777 - - - -
06/17/2016 06/21/2016 06/30/2016 0.42220 0.42220 - - - -
03/18/2016 03/22/2016 03/31/2016 - - - - - -
12/18/2015 12/22/2015 12/31/2015 0.18272 0.18272 - - - -
09/18/2015 09/22/2015 09/30/2015 - - - - - -
06/19/2015 06/23/2015 06/30/2015 0.15722 0.15722 - - - -
03/20/2015 03/24/2015 03/31/2015 - - - - - -
12/19/2014 12/23/2014 12/31/2014 0.12940 0.12940 - - - -
09/19/2014 09/23/2014 09/30/2014 0.02026 0.02026 - - - -
06/20/2014 06/24/2014 06/30/2014 0.19906 0.19906 - - - -

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%
12/31/2019 64 22 9 1 0 0 0
09/30/2019 64 10 2 0 0 0 0
06/30/2019 63 19 2 1 0 0 0
03/31/2019 61 17 6 0 0 0 0
Year Ended 2019 252 68 19 2 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%
12/31/2019 64 26 5 1 0 0 0
09/30/2019 64 31 14 4 3 0 0
06/30/2019 63 21 12 7 1 0 0
03/31/2019 61 22 12 3 1 0 0
Year Ended 2019 252 100 43 15 5 0 0

Fund Inception : 02/27/2014

 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, such as consumer discretionary, 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.

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

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

The performance of an investment concentrated in issuers of a certain region or country, such as the Japan, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

The MSCI ACWorld Ex-U.S. Index is an index considered representative of stock markets of developed and emerging markets, with the exception of US-based companies. The Index is computed using the net return, which withholds applicable taxes for non-resident 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.

NASDAQ® is a registered trademark of The NASDAQ OMX Group, Inc. and Buyback Achievers™ is a trademark of Mergent, Inc. The marks are licensed for use by Invesco Capital Management LLC in connection with the Invesco International BuyBack Achievers™ ETF. The Fund is not sponsored or endorsed by The NASDAQ OMX Group, Inc. or Mergent Inc. and neither The NASDAQ OMX Group, Inc. nor Mergent, Inc. makes any warranty or any representation as to the accuracy and/or completeness of the Index or results to be obtained by any person from use of the Index or trading of the ETF.

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 04/03/2020
3:59 PM EST

IPKW
Intraday Stats

  • Last Trade $22.34
  • Current IIV $22.50
  • Change -$0.43
  • % Change -1.91%
as of 04/03/2020
  • NAV at market close $22.52
as of 04/03/2020

Fund Yield

  • SEC 30 Day Yield 2.54%
  • Distribution Rate 4.36%
  • 12 Month Distribution Rate 4.33%
  • 30-Day SEC Unsubsidized Yield
    as of 04/03/2020
    2.30%
as of 04/03/2020

Prior Close

  • Closing Price $22.77
  • Bid/Ask Midpoint $22.36
  • Bid/Ask Prem/Disc -$0.16
  • Bid/Ask Prem/Disc -0.71%
as of 12/31/2019

Fund Characteristics

  • Price/Earnings Ratio1 15.03
  • Forward Price/Earnings Ratio 13.52
  • Price/Book Ratio1 1.61
  • ROE2 11.82%
  • Avg Market Cap2 $18,578MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker IPKW
  • CUSIP # 46138E644
  • ISIN US46138E6445
  • Intraday NAV IPKWIV
  • Index Ticker DRBXUSN
  • Index Provider NASDAQ OMX Group, Inc.
  • Management Fee 0.55%
  • Total Expense Ratio 0.55%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 02/27/2014
  • # of Holdings 55
    as of 04/03/2020
as of 04/03/2020

Quick Facts

  • Previous Close $22.77
  • Open $22.58
  • Today's High $22.67
  • Today's Low $22.17
  • Today's Volume 67,984
  • 72,094 30-Day Avg Trading
    Volume
  • 52 Week High $34.36
  • 52 Week Low $19.73
  • Shares Outstanding 3.85MM
  • Market Value $86.7MM