USLB - Invesco Russell 1000 Low Beta Equal Weight ETF

Equity - US Equity

Product details

Invesco Russell 1000 Low Beta Equal Weight ETF (Fund) is based on the Russell 1000® 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 Russell 1000® Index exhibiting low beta characteristics. Index securities are equally-weighted meaning each component security has the same weight in the Index. The Fund and Index are reconstituted and rebalanced semiannually in March and September.

as of 12/31/2019

Morningstar Rating

Overall Rating - Mid-Cap Blend Category

As of 12/31/2019 the Fund had an overall rating of 4 stars out of 361 funds and was rated 4 stars out of 361 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. ©2019 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 12/31/2019 12/31/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Low Beta Equal Weight Index 25.91 25.91 10.97 N/A N/A 10.33
Russell 1000 Index 31.43 31.43 15.05 11.48 13.54 13.04
Fund History (%)
Fund NAV 25.46 25.46 10.56 N/A N/A 9.92
After Tax Held 24.36 24.36 9.97 N/A N/A 9.37
After Tax Sold 15.05 15.05 8.05 N/A N/A 7.65
Fund Market Price 25.95 25.95 10.56 N/A N/A 9.88
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 1000 Low Beta Equal Weight Index 25.91 25.91 10.97 N/A N/A 10.33
Russell 1000 Index 31.43 31.43 15.05 11.48 13.54 13.04
Fund History (%)
Fund NAV 25.46 25.46 10.56 N/A N/A 9.92
After Tax Held 24.36 24.36 9.97 N/A N/A 9.37
After Tax Sold 15.05 15.05 8.05 N/A N/A 7.65
Fund Market Price 25.95 25.95 10.56 N/A N/A 9.88

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 01/23/2020

Sector Allocation

Sector Percent of Fund
Real Estate 16.79%
Financials 13.75%
Consumer Discretionary 12.00%
Health Care 11.55%
Information Technology 9.94%
Utilities 9.02%
Consumer Staples 8.34%
Communication Services 6.76%
Industrials 6.63%
Materials 3.79%
Energy 1.43%
as of 01/20/2020

Market Cap & Style Allocations

Large-Cap Value 10.92%
Large-Cap Blend 16.54%
Large-Cap Growth 11.03%
Mid-Cap Value 16.82%
Mid-Cap Blend 21.20%
Mid-Cap Growth 15.21%
Small-Cap Value 5.29%
Small-Cap Blend 2.52%
Small-Cap Growth 0.48%

as of 01/23/2020 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MTCH Match Group Inc 0.31
IAC IAC/InterActiveCorp 0.30
OUT Outfront Media Inc 0.28
LLY Eli Lilly & Co 0.28
CRM salesforce.com Inc 0.28
ATUS Altice USA Inc 0.28
CIEN Ciena Corp 0.27
M Macy's Inc 0.27
ZTS Zoetis Inc 0.27
CACI CACI International Inc 0.27

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/23/2019 12/24/2019 12/31/2019 0.30642 0.30642 - - -
09/23/2019 09/24/2019 09/30/2019 0.12421 0.12421 - - -
06/24/2019 06/25/2019 06/28/2019 0.19548 0.19548 - - -
03/18/2019 03/19/2019 03/29/2019 0.09986 0.09986 - - -
12/24/2018 12/26/2018 12/31/2018 0.16344 0.16344 - - -
09/24/2018 09/25/2018 09/28/2018 0.15237 0.15237 - - -
06/18/2018 06/19/2018 06/29/2018 0.10033 0.10033 - - -
03/19/2018 03/20/2018 03/29/2018 0.06008 0.06008 - - -
12/18/2017 12/19/2017 12/29/2017 0.22256 0.22256 - - -
09/18/2017 09/19/2017 09/29/2017 0.11197 0.11197 - - -
06/16/2017 06/20/2017 06/30/2017 0.09837 0.09837 - - -
03/17/2017 03/21/2017 03/31/2017 0.02052 0.02052 - - -
12/16/2016 12/20/2016 12/30/2016 0.17043 0.17043 - - -
09/16/2016 09/20/2016 09/30/2016 0.10523 0.10523 - - -
06/17/2016 06/21/2016 06/30/2016 0.10016 0.10016 - - -
03/18/2016 03/22/2016 03/31/2016 0.06246 0.06246 - - -
12/18/2015 12/22/2015 12/31/2015 0.06107 0.06107 - - -

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 23 0 0 0 0 0
09/30/2019 64 16 0 0 0 0 0
06/30/2019 63 22 0 0 0 0 0
03/31/2019 61 16 0 0 0 0 0
Year Ended 2019 252 77 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%
12/31/2019 64 40 0 0 0 1 0
09/30/2019 64 48 0 0 0 0 0
06/30/2019 63 41 0 0 0 0 0
03/31/2019 61 45 0 0 0 0 0
Year Ended 2019 252 174 0 0 0 1 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 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® Low Beta Equal 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 01/24/2020
4:15 PM EST

USLB
Intraday Stats

  • Last Trade $35.36
  • Current IIV $35.39
  • Change -$0.27
  • % Change -0.75%
as of 01/23/2020
  • NAV at market close $35.63
as of 01/23/2020

Fund Yield

  • SEC 30 Day Yield 1.71%
  • Distribution Rate 3.44%
  • 12 Month Distribution Rate 2.04%
  • 30-Day SEC Unsubsidized Yield
    as of 01/23/2020
    1.71%
as of 01/23/2020

Prior Close

  • Closing Price $35.62
  • Bid/Ask Midpoint $35.63
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -

Fund Details

  • Fund Ticker USLB
  • CUSIP # 46138E412
  • ISIN US46138E4127
  • Intraday NAV USLBIV
  • Index Ticker R1LBET
  • Index Provider FTSE Russell
  • Management Fee 0.35%
  • Total Expense Ratio 0.35%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 11/05/2015
  • # of Holdings 414
    as of 01/23/2020
as of 01/24/2020

Quick Facts

  • Previous Close $35.62
  • Open $35.57
  • Today's High $35.57
  • Today's Low $35.28
  • Today's Volume 71,932
  • 13,081 30-Day Avg Trading
    Volume
  • 52 Week High $35.77
  • 52 Week Low $30.01
  • Shares Outstanding 1.95MM
  • Market Value $69.5MM