RDIV - Invesco S&P Ultra Dividend Revenue ETFEquity - US Equity
The Invesco S&P Ultra Dividend Revenue ETF (the "Fund") is based on the S&P 900® Dividend Revenue-Weighted Index (the "Index"). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rule-based methodology that starts with the S&P 900® Index and (1) excludes the top 5% of securities by dividend yield, (2) excludes the top 5% of securities within each sector by dividend payout ratio, (3) selects the top sixty securities by dividend yield and (4) re-weights those securities according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are reconstituted and rebalanced quarterly according to dividend yields and revenue weightings.
|Index History (%)|
|S&P 900 Dividend Revenue-Weighted Index||-16.68||-8.25||2.14||6.18||N/A||9.18|
|S&P 900 Index||-8.50||7.41||9.41||8.98||12.56||11.18|
|Fund History (%)|
|After Tax Held||-16.68||-9.49||0.68||4.58||N/A||7.48|
|After Tax Sold||-9.87||-4.36||1.32||4.30||N/A||6.66|
|Fund Market Price||-17.63||-9.74||1.32||5.35||N/A||8.30|
|Index History (%)|
|S&P 900 Dividend Revenue-Weighted Index||22.98||22.98||9.72||10.30||N/A||12.68|
|S&P 900 Index||31.14||31.14||14.85||11.52||13.52||13.09|
|Fund History (%)|
|After Tax Held||20.48||20.48||7.90||8.47||N/A||10.76|
|After Tax Sold||13.23||13.23||6.78||7.32||N/A||9.29|
|Fund Market Price||22.46||22.46||9.22||9.68||N/A||11.95|
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.
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.
|Sector||Percent of Fund|
Market Cap & Style Allocations
as of 04/03/2020 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|VZ||Verizon Communications Inc||8.24|
|CAH||Cardinal Health Inc||7.87|
|IBM||International Business Machines Corp||6.87|
|XOM||Exxon Mobil Corp||5.37|
|DUK||Duke Energy Corp||4.82|
|GM||General Motors Co||4.78|
|LYB||LyondellBasell Industries NV||4.68|
|PRU||Prudential Financial Inc||4.48|
|VLO||Valero Energy Corp||4.11|
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 communication services, consumer discretionary, energy, real estate securities and utilities, 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.
Securities that pay dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay dividends. Also changes in the dividend policies of the companies and the capital resources available for such companies' dividend payments may affect the Fund.
The Fund is non-diversified and may experience greater volatility than a more diversified investment.
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.
Increased volatility may result from increased cash flows to the Fund and other market participants that continuously or systematically buy large holdings of small- or mid-cap companies, which can drive prices up and down more dramatically. Announcements that a security has been added to a widely followed index may cause the price of that security to increase, and decrease when deleted from the index.
The S&P 900® Index combines the S&P 500® Index and the S&P MidCap 400® Index to form an investable benchmark for the mid- to large-cap segment of the US equity market.
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 S&P 900® Dividend Revenue-Weighted Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and has been licensed for use by Invesco Capital Management LLC Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); the Invesco S&P Ultra Dividend Revenue ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 900 Dividend Revenue-Weighted Index.