USLB - Invesco Russell 1000 Low Beta Equal Weight ETFEquity - US Equity
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.
Morningstar Rating ™Overall Rating - Mid-Cap Blend Category
As of 02/29/2020 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.
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. ©2020 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.
|Index History (%)|
|Russell 1000 Low Beta Equal Weight Index||-8.28||3.05||6.08||N/A||N/A||7.73|
|Russell 1000 Index||-8.07||7.82||9.73||9.00||12.64||10.33|
|Fund History (%)|
|After Tax Held||-8.31||2.09||5.24||N/A||N/A||6.90|
|After Tax Sold||-4.92||1.92||4.36||N/A||N/A||5.69|
|Fund Market Price||-9.32||1.51||5.29||N/A||N/A||7.03|
|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 (%)|
|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.
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 03/31/2020 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|TCO||Taubman Centers Inc||0.42|
|CTXS||Citrix Systems Inc||0.40|
|VIRT||Virtu Financial Inc||0.40|
|LLY||Eli Lilly & Co||0.37|
|SBAC||SBA Communications Corp||0.37|
|DLR||Digital Realty Trust Inc||0.37|
|DPZ||Domino's Pizza Inc||0.36|
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.