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Trending ETFs

Invesco SP 500 Equal Weight Materials ETF

ETF
RTM
Payout Change
Pending
Price as of:
$156.8576 +1.91 +1.23%
primary theme
N/A
RTM (ETF)

Invesco SP 500 Equal Weight Materials ETF

Payout Change
Pending
Price as of:
$156.8576 +1.91 +1.23%
primary theme
N/A
RTM (ETF)

Invesco SP 500 Equal Weight Materials ETF

Payout Change
Pending
Price as of:
$156.8576 +1.91 +1.23%
primary theme
N/A

Name

As of 06/06/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$156.86

$317 M

2.11%

$3.32

0.40%

Vitals

YTD Return

-1.4%

1 yr return

-0.8%

3 Yr Avg Return

17.9%

5 Yr Avg Return

9.8%

Net Assets

$317 M

Holdings in Top 10

39.8%

52 WEEK LOW AND HIGH

$155.0
$141.04
$177.31

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 06/06/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$156.86

$317 M

2.11%

$3.32

0.40%

RTM - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return 25.1%
  • 5 Yr Annualized Total Return 15.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.83%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco SP 500 Equal Weight Materials ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Nov 01, 2006
  • Shares Outstanding
    3000000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hubbard

Fund Description

The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (“S&P DJI” or the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is composed of all of the components of the S&P 500® Materials Index (the “Parent Index”), an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the materials sector, as defined according to the Global Industry Classification Standard (“GICS”). The materials sector includes companies that manufacture chemicals, construction materials, glass, paper, forest products and related packaging products, and metals, minerals and mining companies, including producers of steel.
The Underlying Index is an equal-weighted version of the Parent Index. “Equal weighting” means that, unlike the Parent Index, which employs a float-adjusted market capitalization weighted methodology, the Underlying Index assigns each component security the same weight.
As of June 30, 2022, the Underlying Index was comprised of 28 constituents with market capitalizations ranging from $8.42 billion to $144.71 billion.
Although the Fund generally seeks to employ a “full replication” methodology in seeking to track the Underlying Index (meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index), the Fund at times may employ a “sampling” methodology, which may include, after investing at least 90% of its total assets in the components of the Underlying Index, investing a portion of its assets in other investmentcompanies, including exchange-traded funds. Such investment companies may be affiliated with the Fund and will seek to invest in securities of companies in the materials sector.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of April 30, 2022, the Fund had significant exposure to the materials sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
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RTM - Performance

Return Ranking - Trailing

Period RTM Return Category Return Low Category Return High Rank in Category (%)
YTD -1.4% -9.6% 9.9% 46.36%
1 Yr -0.8% -17.9% 26.8% 68.81%
3 Yr 17.9%* -0.1% 61.8% 44.34%
5 Yr 9.8%* -6.0% 15.5% 9.90%
10 Yr 10.8%* -9.8% 12.8% 3.26%

* Annualized

Return Ranking - Calendar

Period RTM Return Category Return Low Category Return High Rank in Category (%)
2023 -10.0% -32.2% 34.0% 62.04%
2022 14.5% -2.5% 35.5% 19.81%
2021 7.1% -8.5% 32.1% 10.58%
2020 5.8% -12.4% 8.5% 11.65%
2019 -3.1% -11.7% 24.9% 18.37%

Total Return Ranking - Trailing

Period RTM Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -23.6% 37.6% 32.73%
1 Yr 6.2% -17.9% 45.1% 24.77%
3 Yr 25.1%* -0.1% 61.8% 25.71%
5 Yr 15.5%* -6.0% 22.1% 5.05%
10 Yr 14.3%* -9.1% 14.3% 1.15%

* Annualized

Total Return Ranking - Calendar

Period RTM Return Category Return Low Category Return High Rank in Category (%)
2023 -10.0% -32.2% 34.0% 62.04%
2022 14.5% -2.5% 35.5% 19.81%
2021 7.1% -8.5% 32.1% 10.58%
2020 5.8% -12.4% 8.5% 11.65%
2019 -3.1% -11.7% 24.9% 22.45%

RTM - Holdings

Concentration Analysis

RTM Category Low Category High RTM % Rank
Net Assets 317 M 2.05 M 7.13 B 63.96%
Number of Holdings 29 23 422 94.59%
Net Assets in Top 10 217 M 770 K 4.68 B 54.95%
Weighting of Top 10 39.77% 18.0% 74.6% 69.37%

Top 10 Holdings

  1. INVESCO PRIVATE PRIME FUND 4.89%
  2. Celanese Corp. 3.89%
  3. LyondellBasell Industries N.V., Class A 3.83%
  4. Dow Inc. 3.82%
  5. International Paper Co. 3.74%
  6. Freeport-McMoRan Inc. 3.74%
  7. Steel Dynamics, Inc. 3.72%
  8. Nucor Corp. 3.71%
  9. Newmont Corp. 3.69%
  10. Albemarle Corp. 3.59%

Asset Allocation

Weighting Return Low Return High RTM % Rank
Stocks
100.00% 78.27% 100.48% 6.31%
Preferred Stocks
0.00% 0.00% 0.60% 69.37%
Other
0.00% -1.72% 2.99% 65.77%
Convertible Bonds
0.00% 0.00% 0.43% 72.07%
Cash
0.00% -1.77% 21.06% 90.99%
Bonds
0.00% -2.00% 2.96% 72.07%

Stock Sector Breakdown

Weighting Return Low Return High RTM % Rank
Basic Materials
75.03% 2.49% 100.00% 20.72%
Consumer Cyclical
21.37% 0.00% 43.37% 2.70%
Industrials
3.60% 0.00% 63.67% 62.16%
Utilities
0.00% 0.00% 35.93% 81.98%
Technology
0.00% 0.00% 17.68% 80.18%
Real Estate
0.00% 0.00% 36.20% 77.48%
Healthcare
0.00% 0.00% 22.67% 80.18%
Financial Services
0.00% 0.00% 4.52% 71.17%
Energy
0.00% 0.00% 89.67% 90.09%
Communication Services
0.00% 0.00% 0.21% 69.37%
Consumer Defense
0.00% 0.00% 33.96% 84.68%

Stock Geographic Breakdown

Weighting Return Low Return High RTM % Rank
US
92.00% 8.98% 99.93% 8.11%
Non US
8.00% 0.00% 90.92% 92.79%

RTM - Expenses

Operational Fees

RTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.08% 5.06% 88.29%
Management Fee 0.40% 0.00% 1.25% 11.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

RTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

RTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RTM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 169.00% 22.94%

RTM - Distributions

Dividend Yield Analysis

RTM Category Low Category High RTM % Rank
Dividend Yield 2.11% 0.00% 12.12% 28.83%

Dividend Distribution Analysis

RTM Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

RTM Category Low Category High RTM % Rank
Net Income Ratio 1.83% -35.65% 9.06% 32.73%

Capital Gain Distribution Analysis

RTM Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

RTM - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Apr 09, 2018

4.15

4.2%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Michael Jeanette


Start Date

Tenure

Tenure Rank

Apr 09, 2018

4.15

4.2%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser


Start Date

Tenure

Tenure Rank

Apr 09, 2018

4.15

4.2%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Pratik Doshi


Start Date

Tenure

Tenure Rank

Aug 28, 2020

1.76

1.8%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.69 0.54