Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
Invesco Capital Management LLC - Invesco Defensive Equity ETF
ETF
DEF
Payout Change
Pending
Price as of:
$67.84
+0.35
+0.52%
primary theme
N/A
DEF (ETF)
Invesco Capital Management LLC - Invesco Defensive Equity ETF
Payout Change
Pending
Price as of:
$67.84
+0.35
+0.52%
primary theme
N/A
DEF (ETF)
Invesco Capital Management LLC - Invesco Defensive Equity ETF
Payout Change
Pending
Price as of:
$67.84
+0.35
+0.52%
primary theme
N/A
Name
As of 08/25/2023Price
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
$67.84
$217 M
1.45%
$0.98
0.40%
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$217 M
Holdings in Top 10
11.8%
52 WEEK LOW AND HIGH
$67.5
$61.01
$70.48
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 08/25/2023Price
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
$67.84
$217 M
1.45%
$0.98
0.40%
DEF - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.05%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco Capital Management LLC - Invesco Defensive Equity ETF
-
Fund Family NameINVESCOETF
-
Inception DateDec 15, 2006
-
Shares Outstanding4170000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Hubbard
Fund Description
The Fund generally will invest at least 80% of its total assets in the securities that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, Invesco Indexing LLC (“Invesco Indexing” or the “Index Provider”) compiles and maintains the Underlying Index, which is comprised of a subset of securities from the S&P 500®Index (the “S&P 500”). The Index Provider is affiliated with Invesco Capital Management LLC, the Fund’s investment adviser (the “Adviser”), and Invesco Distributors, Inc., the Fund’s distributor (the “Distributor”).Instead of the traditional approach to defensive equity portfolios that focuses solely on low beta stocks, the Underlying Index, using a rules-based quantitative approach, is designed to measure the performance of approximately 100 equal-weighted securities selected from the S&P 500 based on each security’s (i) probability of delivering the required revenue growth to support the current stock price, (ii) beta (a measure of a given security’s volatility in relation to the volatility of a specific market) and (iii) down market volatility (a measurement that represents a security’s volatility during adverse market conditions). For each security in the S&P 500, the probability of delivering the required revenue growth to support the current stock price is calculated. The securities in the top 80% based on their probability scores are eligible for inclusion in the Underlying Index. Of those securities, the 75% with the lowest beta are further evaluated and those that rank in the bottom 50% on down market volatility are eligible for inclusion in the Underlying Index. Of those securities, the 100 securities with a higher probability of delivering the required revenue growth to support their current stock prices while minimizing any differences in industry exposure relative to the S&P 500 are included in the Underlying Index.As of August 31, 2021, the Underlying Index was comprised of 100 securities with market capitalizations ranging from $10.6 billion to $455.9 billion.The Fund employs 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.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.
Read More
DEF - Performance
Return Ranking - Trailing
| Period | DEF Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -62.0% | 28.8% | 98.06% |
| 1 Yr | N/A | -65.6% | 38.6% | 98.75% |
| 3 Yr | N/A* | -30.1% | 19.1% | 97.41% |
| 5 Yr | N/A* | -31.4% | 95.3% | 93.76% |
| 10 Yr | N/A* | -19.1% | 13.8% | 92.59% |
* Annualized
Return Ranking - Calendar
| Period | DEF Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | -9.0% | -60.3% | 19.6% | 1.33% |
| 2023 | 23.6% | -27.2% | 53.7% | 21.08% |
| 2022 | 6.2% | -36.2% | 2181.7% | 78.43% |
| 2021 | 26.5% | -22.7% | 40.4% | 30.62% |
| 2020 | -5.3% | -51.6% | 12.6% | 5.45% |
Total Return Ranking - Trailing
| Period | DEF Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -61.7% | 28.8% | 98.06% |
| 1 Yr | N/A | -65.4% | 33.1% | 98.75% |
| 3 Yr | N/A* | -24.6% | 34.3% | 97.41% |
| 5 Yr | N/A* | -12.0% | 101.6% | 93.76% |
| 10 Yr | N/A* | -6.6% | 20.5% | 92.59% |
* Annualized
Total Return Ranking - Calendar
| Period | DEF Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | -7.7% | -60.3% | 19.6% | 4.21% |
| 2023 | 24.9% | -20.5% | 124.3% | 69.45% |
| 2022 | 7.6% | -15.8% | 2266.0% | 94.71% |
| 2021 | 28.0% | -8.3% | 241.3% | 73.03% |
| 2020 | -3.9% | -30.9% | 12.6% | 21.25% |
DEF - Holdings
Concentration Analysis
| DEF | Category Low | Category High | DEF % Rank | |
|---|---|---|---|---|
| Net Assets | 217 M | 24 | 356 B | 77.43% |
| Number of Holdings | 102 | 2 | 4154 | 52.78% |
| Net Assets in Top 10 | 25.2 M | 288 K | 270 B | 88.67% |
| Weighting of Top 10 | 11.79% | 1.8% | 106.2% | 98.47% |
Top 10 Holdings
- Xilinx Inc 1.39%
- Salesforce.com Inc 1.38%
- Apple Inc 1.35%
- Lockheed Martin Corp 1.32%
- Eli Lilly and Co 1.30%
- Danaher Corp 1.27%
- Northrop Grumman Corp 1.26%
- AbbVie Inc 1.26%
- Equifax Inc 1.24%
- The Home Depot Inc 1.24%
Asset Allocation
| Weighting | Return Low | Return High | DEF % Rank | |
|---|---|---|---|---|
| Stocks | 99.91% | 0.00% | 130.24% | 5.25% |
| Cash | 0.09% | -102.29% | 100.00% | 92.40% |
| Preferred Stocks | 0.00% | 0.00% | 1.57% | 20.76% |
| Other | 0.00% | -13.91% | 134.98% | 48.97% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 16.48% |
| Bonds | 0.00% | -0.04% | 95.81% | 21.83% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DEF % Rank | |
|---|---|---|---|---|
| Healthcare | 23.70% | 0.00% | 60.70% | 3.56% |
| Industrials | 18.66% | 0.00% | 29.90% | 3.17% |
| Consumer Defense | 13.12% | 0.00% | 47.71% | 4.95% |
| Financial Services | 9.65% | 0.00% | 55.59% | 93.19% |
| Consumer Cyclical | 8.18% | 0.00% | 30.33% | 80.19% |
| Utilities | 6.60% | 0.00% | 20.91% | 4.26% |
| Real Estate | 5.82% | 0.00% | 31.91% | 5.26% |
| Technology | 5.73% | 0.00% | 48.94% | 98.61% |
| Basic Materials | 5.46% | 0.00% | 25.70% | 9.98% |
| Communication Services | 1.94% | 0.00% | 27.94% | 94.50% |
| Energy | 1.14% | 0.00% | 41.64% | 81.73% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DEF % Rank | |
|---|---|---|---|---|
| US | 99.91% | 0.00% | 127.77% | 4.94% |
| Non US | 0.00% | 0.00% | 32.38% | 37.79% |
DEF - Expenses
Operational Fees
| DEF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.40% | 0.01% | 49.27% | 79.88% |
| Management Fee | 0.40% | 0.00% | 2.00% | 34.81% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | 4.16% |
Sales Fees
| DEF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| DEF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| DEF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 496.00% | 93.93% |
DEF - Distributions
Dividend Yield Analysis
| DEF | Category Low | Category High | DEF % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.45% | 0.00% | 30.32% | 6.23% |
Dividend Distribution Analysis
| DEF | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
| DEF | Category Low | Category High | DEF % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.05% | -54.00% | 6.06% | 30.10% |
Capital Gain Distribution Analysis
| DEF | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 23, 2022 | $0.981 | OrdinaryDividend |
| Dec 31, 2021 | $0.778 | OrdinaryDividend |
| Dec 31, 2020 | $0.794 | OrdinaryDividend |
| Dec 31, 2019 | $0.648 | OrdinaryDividend |
| Dec 31, 2018 | $0.613 | OrdinaryDividend |
| Dec 29, 2017 | $0.758 | OrdinaryDividend |
| Dec 30, 2016 | $0.848 | OrdinaryDividend |
| Dec 31, 2015 | $1.152 | OrdinaryDividend |
| Dec 31, 2014 | $0.963 | OrdinaryDividend |
| Dec 31, 2013 | $0.787 | OrdinaryDividend |
| Dec 31, 2012 | $0.747 | OrdinaryDividend |
| Dec 30, 2011 | $0.375 | OrdinaryDividend |
| Dec 31, 2010 | $0.388 | OrdinaryDividend |
| Dec 31, 2009 | $0.563 | OrdinaryDividend |
| Dec 31, 2008 | $0.500 | OrdinaryDividend |
| Dec 31, 2007 | $0.410 | OrdinaryDividend |
| Dec 29, 2006 | $0.006 | OrdinaryDividend |
DEF - 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
Dec 20, 2019
2.45
2.5%
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 |
|---|---|---|---|
| 0.04 | 39.02 | 7.17 | 2.42 |
