XSVM - Invesco S&P SmallCap Value with Momentum ETF

Equity - US Equity

Product Details

The Invesco S&P SmallCap Value with Momentum ETF (Fund) is based on the S&P 600 High Momentum Value Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600® Index having the highest "value scores" and "momentum scores," calculated pursuant to the index methodology. Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Fund and the Index are rebalanced and reconstituted semi-annually.

Effective at the close of markets on Friday, June 21, 2019, the Fund's investment objective, principal investment strategy and underlying index changed. Please see the Fund's prospectus for further information.

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

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P SmallCap 600 High Momentum Value Index N/A N/A N/A N/A N/A N/A
S&P SmallCap 600 Index 19.22 4.83 8.49 9.53 13.96 9.06
Russell 2000 Value Index 18.25 3.96 4.98 6.83 10.99 6.87
Russell 2000 Pure Value Index 11.61 -2.05 2.39 N/A N/A N/A
Fund History (%)
Fund NAV 24.57 9.34 6.05 7.53 12.52 7.09
After Tax Held 24.17 8.64 5.41 6.88 12.06 6.73
After Tax Sold 14.52 5.58 4.49 5.73 10.37 5.80
Fund Market Price 24.88 9.29 6.03 7.54 12.54 7.09
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P SmallCap 600 High Momentum Value Index N/A N/A N/A N/A N/A N/A
S&P SmallCap 600 Index 13.46 -9.34 9.33 9.89 13.02 8.80
Russell 2000 Value Index 12.82 -8.24 6.54 7.17 10.06 6.61
Russell 2000 Pure Value Index 8.52 -10.75 5.13 N/A N/A N/A
Fund History (%)
Fund NAV 16.52 -4.16 7.45 7.53 11.62 6.69
After Tax Held 16.14 -4.76 6.80 6.88 11.15 6.32
After Tax Sold 9.77 -2.39 5.62 5.76 9.58 5.45
Fund Market Price 16.70 -4.13 7.43 7.50 11.63 6.68

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 09/30/2019

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2019. Fund performance shown at NAV.

S&P 600 High Momentum Value Index* performance prior to 6/16/2011 reflects that of the original Underlying Index, Dynamic Small Cap Value Intellidex Index. From 6/16/2011 to 5/22/2015, performance reflects that of the previous Underlying Index, RAFI Fundamental Small Value Index. From 5/22/2015 to 6/21/2019, performance reflects that of the previous Underlying Index, Russell 2000 Pure Value Index. From 6/21/2019 forward, performance reflects that of the Underlying Index, S&P 600 High Momentum Value Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

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 12/13/2019

Sector Allocation

Sector Percent of Fund
Consumer Discretionary 26.90%
Financials 20.56%
Information Technology 15.55%
Industrials 13.35%
Energy 9.97%
Consumer Staples 5.40%
Real Estate 3.40%
Materials 2.67%
Communication Services 1.31%
Health Care 0.91%

as of 12/13/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
VSI Vitamin Shoppe Inc 3.04
SAH Sonic Automotive Inc 2.18
ODP Office Depot Inc 2.04
SPTN SpartanNash Co 1.89
INTL INTL. FCStone Inc 1.88
VRTV Veritiv Corp 1.70
SENEA Seneca Foods Corp 1.62
ERA Era Group Inc 1.58
GPI Group 1 Automotive Inc 1.58
GPRE Green Plains Inc 1.54

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 0.07171 0.07171 - - -
06/24/2019 06/25/2019 06/28/2019 0.16010 0.16010 - - -
12/24/2018 12/26/2018 12/31/2018 0.28330 0.28330 - - -
09/24/2018 09/25/2018 09/28/2018 0.11324 0.11324 - - -
06/18/2018 06/19/2018 06/29/2018 0.27454 0.27454 - - -
12/18/2017 12/19/2017 12/29/2017 0.30795 0.30795 - - -
09/18/2017 09/19/2017 09/29/2017 0.15659 0.15659 - - -
06/16/2017 06/20/2017 06/30/2017 0.10268 0.10268 - - -
03/17/2017 03/21/2017 03/31/2017 0.01651 0.01651 - - -
12/16/2016 12/20/2016 12/30/2016 0.38570 0.38570 - - -
09/16/2016 09/20/2016 09/30/2016 0.13643 0.13643 - - -
06/17/2016 06/21/2016 06/30/2016 0.13591 0.13591 - - -
03/18/2016 03/22/2016 03/31/2016 0.03571 0.03571 - - -
12/18/2015 12/22/2015 12/31/2015 0.25877 0.25877 - - -
09/18/2015 09/22/2015 09/30/2015 0.18832 0.18832 - - -
06/19/2015 06/23/2015 06/30/2015 0.11432 0.11432 - - -
03/20/2015 03/24/2015 03/31/2015 0.05346 0.05346 - - -
12/19/2014 12/23/2014 12/31/2014 0.19475 0.19475 - - -
09/19/2014 09/23/2014 09/30/2014 0.04340 0.04340 - - -
06/20/2014 06/24/2014 06/30/2014 0.08288 0.08288 - - -
03/21/2014 03/25/2014 03/31/2014 0.02066 0.02066 - - -
12/20/2013 12/24/2013 12/31/2013 0.12452 0.12452 - - -
09/20/2013 09/24/2013 09/30/2013 0.04605 0.04605 - - -
06/21/2013 06/25/2013 06/28/2013 0.09744 0.09744 - - -
03/15/2013 03/19/2013 03/28/2013 0.01753 0.01753 - - -
12/21/2012 12/26/2012 12/31/2012 0.18518 0.18518 - - -
09/21/2012 09/25/2012 09/28/2012 0.07178 0.07178 - - -
06/15/2012 06/19/2012 06/29/2012 0.07637 0.07637 - - -
03/16/2012 03/20/2012 03/30/2012 0.03361 0.03361 - - -
12/16/2011 12/20/2011 12/30/2011 0.06920 0.06920 - - -
09/16/2011 09/20/2011 09/30/2011 0.03954 0.03954 - - -
06/17/2011 06/21/2011 06/30/2011 0.04498 0.04498 - - -
12/17/2010 12/21/2010 12/31/2010 0.13000 0.13000 - - -
09/17/2010 09/21/2010 09/30/2010 0.02763 0.02763 - - -
06/18/2010 06/22/2010 06/30/2010 0.02072 0.02072 - - -
12/18/2009 12/22/2009 12/31/2009 0.02207 0.02207 - - -
09/18/2009 09/22/2009 09/30/2009 0.02725 0.02725 - - -
06/19/2009 06/23/2009 06/30/2009 0.03129 0.03129 - - -
03/20/2009 03/24/2009 03/31/2009 0.01400 0.01400 - - -
12/19/2008 12/23/2008 12/31/2008 0.04061 0.04061 - - -
09/19/2008 09/23/2008 09/30/2008 0.02772 0.02772 - - -
06/20/2008 06/24/2008 06/30/2008 0.03170 0.03170 - - -
03/20/2008 03/25/2008 03/31/2008 0.01508 0.01508 - - -
12/21/2007 12/26/2007 12/31/2007 0.47943 0.47943 - - -
09/21/2007 09/25/2007 09/28/2007 0.03122 0.03122 - - -
06/15/2007 06/19/2007 06/29/2007 0.04787 0.04787 - - -
03/16/2007 03/20/2007 03/30/2007 0.03120 0.03120 - - -
12/15/2006 12/19/2006 12/29/2006 0.05147 0.05147 - - -
09/15/2006 09/19/2006 09/29/2006 0.02539 0.02539 - - -
06/16/2006 06/20/2006 06/30/2006 0.02139 0.02139 - - -
03/17/2006 03/21/2006 03/31/2006 0.01644 0.01644 - - -
12/16/2005 12/20/2005 12/30/2005 0.02879 0.02879 - - -
09/16/2005 09/20/2005 09/30/2005 0.02835 0.02835 - - -
06/17/2005 06/21/2005 06/30/2005 0.03471 0.03471 - - -

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 16 0 0 0 0 0
03/31/2019 61 13 2 0 0 0 0
12/31/2018 63 37 1 0 0 0 0
09/30/2018 63 18 0 0 0 0 0
Year Ended 2018 251 103 1 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 48 0 0 0 0 0
03/31/2019 61 43 3 0 0 0 0
12/31/2018 63 24 1 0 0 0 0
09/30/2018 63 45 0 0 0 0 0
Year Ended 2018 251 145 2 0 0 0 0

Fund Inception : 03/03/2005

 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 financial, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

A momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

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 S&P 600 High Momentum Value Index is composed of 120 securities in the S&P SmallCap 600 Index having the highest "value scores" and "momentum scores".

S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco Capital Management LLC. The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

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

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 12/13/2019
4:15 PM EST

XSVM
Intraday Stats

  • Last Trade $33.31
  • Current IIV $28.94
  • Change -$0.41
  • % Change -1.21%
as of 12/13/2019
  • NAV at market close $33.31
as of 12/13/2019

Fund Yield

  • SEC 30 Day Yield 1.38%
  • Distribution Rate 0.86%
  • 12 Month Distribution Rate 1.55%
  • 30-Day SEC Unsubsidized Yield
    as of 12/13/2019
    1.34%
as of 12/13/2019

Prior Close

  • Closing Price $33.72
  • Bid/Ask Midpoint $33.32
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.03%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 13.77
  • Forward Price/Earnings Ratio 12.60
  • Price/Book Ratio1 0.97
  • ROE2 8.50%
  • Avg Market Cap2 $1,113MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker XSVM
  • CUSIP # 46137V480
  • ISIN US46137V4804
  • Intraday NAV XSVMIV
  • Index Ticker SPSVMOUT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.29%
  • Total Expense Ratio 0.44%
  • Fee Waiver 0.05%
  • Net Expense Ratio 0.39%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 03/03/2005
  • # of Holdings 116
    as of 12/13/2019
as of 12/13/2019

Quick Facts

  • Previous Close $33.72
  • Open $33.70
  • Today's High $33.70
  • Today's Low $33.18
  • Today's Volume 12,133
  • 12,422 30-Day Avg Trading
    Volume
  • 52 Week High $33.78
  • 52 Week Low $25.20
  • Shares Outstanding 2.55MM
  • Market Value $84.9MM