OVLU - Invesco Russell 1000® Value Factor ETF

Equity - US Equity

Product Details

The Invesco Russell 1000 Value Factor ETF (the “Fund”) is based on the Russell 1000 Value Factor Index (the “Index”). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights securities of the Russell 1000 Index with higher value characteristics. The Fund and Index are reconstituted and rebalanced annually.

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

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Value Factor Index 25.70 12.89 12.35 N/A N/A 10.11
Russell 1000 Index 27.74 16.10 14.67 10.80 13.49 11.80
Fund History (%)
Fund NAV 25.34 12.61 N/A N/A N/A 9.84
After Tax Held 24.55 11.71 N/A N/A N/A 9.19
After Tax Sold 14.96 7.51 N/A N/A N/A 7.38
Fund Market Price 25.41 12.57 N/A N/A N/A 9.80
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Value Factor Index 17.72 2.81 12.10 N/A N/A 7.26
Russell 1000 Index 20.53 3.87 13.19 10.62 13.23 9.49
Fund History (%)
Fund NAV 17.38 2.51 N/A N/A N/A 6.98
After Tax Held 16.65 1.70 N/A N/A N/A 6.30
After Tax Sold 10.28 1.57 N/A N/A N/A 5.18
Fund Market Price 17.57 2.59 N/A N/A N/A 7.00

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.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund.

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 The results assume that no cash was added to or assets withdrawn from the Index.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 12/09/2019

Sector Allocation

Sector Percent of Fund
Financials 21.56%
Information Technology 16.45%
Industrials 10.29%
Health Care 9.98%
Energy 9.39%
Consumer Discretionary 8.62%
Communication Services 8.12%
Consumer Staples 5.99%
Utilities 3.98%
Materials 3.93%
Real Estate 1.69%

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

Fund Holdings subject to change

Ticker Company % of Fund
AAPL Apple Inc 7.62
T AT&T Inc 2.73
BAC Bank of America Corp 2.59
XOM Exxon Mobil Corp 2.46
INTC Intel Corp 2.19
WFC Wells Fargo & Co 2.09
VZ Verizon Communications Inc 2.05
C Citigroup Inc 1.92
CVX Chevron Corp 1.84
UNH UnitedHealth Group Inc 1.74

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 0.13817 0.13817 - - -
06/24/2019 06/25/2019 06/28/2019 0.14818 0.14818 - - -
03/19/2019 03/20/2019 03/21/2019 0.12769 0.12769 - - -
12/26/2018 12/27/2018 12/28/2018 0.16903 0.16903 - - -
09/25/2018 09/26/2018 09/27/2018 0.15658 0.15658 - - -
06/19/2018 06/20/2018 06/21/2018 0.12302 0.12302 - - -
03/16/2018 03/17/2018 03/20/2018 0.11044 0.11044 - - -
12/28/2017 12/29/2017 01/02/2018 0.08204 0.08204 - - -

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 28 1 0 0 0 0
03/31/2019 61 45 0 0 0 0 0
12/31/2018 63 37 0 0 0 0 0
09/30/2018 63 6 0 0 0 0 0
Year Ended 2018 251 141 1 0 0 1 1
    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 35 0 0 0 0 0
03/31/2019 61 16 0 0 0 0 0
12/31/2018 63 26 0 0 0 0 0
09/30/2018 63 55 1 1 0 0 0
Year Ended 2018 251 105 1 1 0 0 0

Fund Inception : 11/08/2017

 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 sector, such as basic materials, communication services, consumer discretionary and staples, energy, financials, healthcare, industrials, information technology, real estate securities and utilities, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

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.

The Fund is subject to numerous market trading risks, including the potential lack of an active market, losses from trading in secondary markets, and disruption in the creation/redemption process. During stressed market conditions, Shares may become less liquid as result of deteriorating liquidity which could lead to differences in the market price and the underlying value of those Shares.

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

The Fund's use of a representative sampling approach will result in its holding a smaller number of securities than are in the underlying index, and may be subject to greater volatility.

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 Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The Russell 1000 Value Factor Index (“Index”) is a trademark of Frank Russell Company (“Russell”) and have been licensed for use by the Manager and the Fund. The Invesco Russell 1000® Value Factor ETF (“Licensed Fund”) is not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the applicable Licensed Fund is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the applicable Licensed Fund. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to the Manager or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.

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

OVLU
Intraday Stats

  • Last Trade $29.12
  • Current IIV $29.13
  • Change -$0.04
  • % Change -0.13%
as of 12/09/2019
  • NAV at market close $29.14
as of 12/09/2019

Fund Yield

  • SEC 30 Day Yield 2.28%
  • Distribution Rate 1.90%
  • 12 Month Distribution Rate 2.00%
  • 30-Day SEC Unsubsidized Yield
    as of 12/09/2019
    2.28%
as of 12/09/2019

Prior Close

  • Closing Price $29.15
  • Bid/Ask Midpoint $29.15
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.03%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 13.40
  • Forward Price/Earnings Ratio 12.67
  • Price/Book Ratio1 1.99
  • ROE2 24.33%
  • Avg Market Cap2 $150,750MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker OVLU
  • CUSIP # 46138G722
  • ISIN US46138G7227
  • Intraday NAV OVLUIV
  • Index Ticker R1FVAF
  • Index Provider Frank Russell Company
  • Management Fee 0.19%
  • Total Expense Ratio 0.19%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange Cboe BZX Exchange, Inc.
  • Inception Date 11/08/2017
  • # of Holdings 655
    as of 12/09/2019
as of 12/10/2019

Quick Facts

  • Previous Close $29.15
  • Open $29.19
  • Today's High $29.19
  • Today's Low $29.12
  • Today's Volume 100
  • 15,045 30-Day Avg Trading
    Volume
  • 52 Week High $29.27
  • 52 Week Low $22.51
  • Shares Outstanding .25MM
  • Market Value $7.3MM