RDIV - Invesco S&P Ultra Dividend Revenue ETF

Equity - US Equity

Product Details

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.

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

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P 900 Dividend Revenue-Weighted Index 18.88 7.43 9.33 9.98 N/A 12.24
S&P 900 Index 27.31 15.62 14.47 10.82 13.44 12.73
Fund History (%)
Fund NAV 18.43 7.09 8.91 9.38 N/A 11.53
After Tax Held 17.12 5.65 7.65 8.22 N/A 10.41
After Tax Sold 10.88 4.29 6.59 7.10 N/A 8.97
Fund Market Price 18.48 7.15 8.85 9.36 N/A 11.52
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P 900 Dividend Revenue-Weighted Index 15.90 1.76 9.80 11.06 N/A 12.13
S&P 900 Index 20.38 3.79 13.12 10.71 13.21 12.06
Fund History (%)
Fund NAV 15.55 1.43 9.37 10.46 N/A 11.41
After Tax Held 14.27 0.06 8.03 9.23 N/A 10.26
After Tax Sold 9.20 0.95 6.95 7.98 N/A 8.86
Fund Market Price 15.69 1.46 9.37 10.46 N/A 11.42

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
Consumer Discretionary 17.40%
Materials 16.53%
Energy 14.75%
Health Care 11.45%
Financials 10.39%
Utilities 9.14%
Information Technology 8.19%
Communication Services 6.80%
Real Estate 4.17%
Consumer Staples 1.19%
as of 12/06/2019

Market Cap & Style Allocations

Large-Cap Value 58.62%
Large-Cap Blend 4.06%
Large-Cap Growth -
Mid-Cap Value 28.53%
Mid-Cap Blend 0.33%
Mid-Cap Growth 0.07%
Small-Cap Value 6.33%
Small-Cap Blend 1.94%
Small-Cap Growth 0.12%

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

Fund Holdings subject to change

Ticker Company % of Fund
CAH Cardinal Health Inc 5.38
LYB LyondellBasell Industries NV 5.12
ABBV AbbVie Inc 5.02
PRU Prudential Financial Inc 5.00
XOM Exxon Mobil Corp 4.96
VZ Verizon Communications Inc 4.95
IBM International Business Machines Corp 4.91
GM General Motors Co 4.86
SLB Schlumberger Ltd 4.75
IP International Paper Co 3.56

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 0.42199 0.42199 - - -
06/24/2019 06/25/2019 06/28/2019 0.33614 0.33614 - - -
03/19/2019 03/20/2019 03/21/2019 0.27108 0.27108 - - -
12/26/2018 12/27/2018 12/28/2018 0.33140 0.33140 - - -
09/25/2018 09/26/2018 09/27/2018 0.40622 0.40622 - - -
06/19/2018 06/20/2018 06/21/2018 0.37874 0.37874 - - -
03/16/2018 03/17/2018 03/20/2018 0.32930 0.32930 - - -
12/28/2017 12/29/2017 01/02/2018 0.44630 0.44630 - - -
10/03/2017 10/04/2017 10/06/2017 0.41676 0.41676 - - -
07/05/2017 07/06/2017 07/11/2017 0.35117 0.35117 - - -
04/04/2017 04/05/2017 04/10/2017 0.34544 0.34544 - - -
12/28/2016 12/29/2016 01/04/2017 0.33323 0.31340 - 0.01983 -
10/04/2016 10/05/2016 10/11/2016 0.27057 0.27057 - - -
07/05/2016 07/06/2016 07/11/2016 0.21191 0.21191 - - -
04/04/2016 04/05/2016 04/08/2016 0.25301 0.25301 - - -
12/29/2015 12/30/2015 01/04/2016 0.36803 0.36803 - - -
10/05/2015 10/06/2015 10/09/2015 0.29585 0.29585 - - -
07/06/2015 07/07/2015 07/10/2015 0.24366 0.24366 - - -
04/02/2015 04/03/2015 04/09/2015 0.33348 0.33348 - - -
12/29/2014 12/30/2014 01/05/2015 0.27183 0.24077 0.03106 - -
10/03/2014 10/04/2014 10/09/2014 0.31021 0.31021 - - -
07/03/2014 07/04/2014 07/10/2014 0.22589 0.22589 - - -
04/02/2014 04/03/2014 04/08/2014 0.21160 0.21160 - - -
12/27/2013 12/28/2013 01/03/2014 0.23741 0.23741 - - -

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 24 0 0 0 0 0
03/31/2019 61 51 0 0 0 0 0
12/31/2018 63 53 0 0 0 0 0
09/30/2018 63 60 0 0 0 0 0
Year Ended 2018 251 187 0 0 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%
09/30/2019 64 40 0 0 0 0 0
03/31/2019 61 10 0 0 0 0 0
12/31/2018 63 10 0 0 0 0 0
09/30/2018 63 3 0 0 0 0 0
Year Ended 2018 251 64 0 0 0 0 0

Fund Inception : 09/30/2013

 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.

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

RDIV
Intraday Stats

  • Last Trade $38.69
  • Current IIV $38.68
  • Change -$0.14
  • % Change -0.37%
as of 12/09/2019
  • NAV at market close $38.82
as of 12/09/2019

Fund Yield

  • SEC 30 Day Yield 4.05%
  • Distribution Rate 4.35%
  • 12 Month Distribution Rate 3.50%
  • 30-Day SEC Unsubsidized Yield
    as of 12/09/2019
    4.05%
as of 12/09/2019

Prior Close

  • Closing Price $38.84
  • Bid/Ask Midpoint $38.83
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.03%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 11.86
  • Forward Price/Earnings Ratio 11.73
  • Price/Book Ratio1 1.86
  • ROE2 11.96%
  • Avg Market Cap2 $62,497MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker RDIV
  • CUSIP # 46138G656
  • ISIN US46138G6567
  • Intraday NAV RDIVIV
  • Index Ticker REVWDIVT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.39%
  • Total Expense Ratio 0.39%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange NYSE Arca, Inc.
  • Inception Date 09/30/2013
  • # of Holdings 60
    as of 12/09/2019
as of 12/10/2019

Quick Facts

  • Previous Close $38.84
  • Open $38.80
  • Today's High $38.80
  • Today's Low $38.61
  • Today's Volume 85,608
  • 123,588 30-Day Avg Trading
    Volume
  • 52 Week High $39.48
  • 52 Week Low $31.73
  • Shares Outstanding 42.05MM
  • Market Value $1,632.5MM