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Trending ETFs

Invesco S&P Spin-Off ETF

ETF
CSD
Payout Change
Pending
Price as of:
$70.39 +1.01 +1.46%
primary theme
U.S. Mid-Cap Blend Equity
CSD (ETF)

Invesco S&P Spin-Off ETF

Payout Change
Pending
Price as of:
$70.39 +1.01 +1.46%
primary theme
U.S. Mid-Cap Blend Equity
CSD (ETF)

Invesco S&P Spin-Off ETF

Payout Change
Pending
Price as of:
$70.39 +1.01 +1.46%
primary theme
U.S. Mid-Cap Blend Equity

Name

As of 03/27/2024

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

$70.39

$57 M

0.47%

$0.33

0.71%

Vitals

YTD Return

9.1%

1 yr return

29.8%

3 Yr Avg Return

4.4%

5 Yr Avg Return

7.9%

Net Assets

$57 M

Holdings in Top 10

78.5%

52 WEEK LOW AND HIGH

$69.4
$52.20
$70.39

Expenses

OPERATING FEES

Expense Ratio 0.71%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 57.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 03/27/2024

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

$70.39

$57 M

0.47%

$0.33

0.71%

CSD - Profile

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.68%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Invesco S&P Spin-Off ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Dec 15, 2006
  • Shares Outstanding
    1090000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Tony Seisser

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 and maintains the Underlying Index, which is designed to measure the
performance of U.S. companies that have been spun off from a parent company within the past four years. The Underlying Index is comprised of equity securities of U.S. companies in the S&P U.S. BMI, a country sub-index of the S&P Global BMI, that have been spun off and have a float-adjusted market capitalization of at least $1 billion at the time they are added to the Underlying Index. The Index Provider defines a spin-off company as any company resulting from one of the following events:
Spin-off. A spin-off occurs when a company divests a subsidiary or division to create a new, independent company.
Carve-out. The sale by a parent company of a minority stake in a subsidiary to public shareholders.
Split-off. The distribution of shares of a subsidiary company by its parent company to parent company shareholders that elect to redeem their shares in the parent company in return for shares of the subsidiary company.
As of June 30, 2023, the Underlying Index was comprised of 24constituents with market capitalizations ranging from $374 million to $42 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.
The Fund is “non-diversified” and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the “1940 Act”).
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, 2023, the Fund had significant exposure to the industrials 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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CSD - Performance

Return Ranking - Trailing

Period CSD Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -8.3% 24.0% 19.18%
1 Yr 29.8% -2.6% 55.1% 16.16%
3 Yr 4.4%* -20.2% 17.4% 69.97%
5 Yr 7.9%* -0.1% 21.0% 90.37%
10 Yr 5.8%* 2.2% 13.4% 88.84%

* Annualized

Return Ranking - Calendar

Period CSD Return Category Return Low Category Return High Rank in Category (%)
2023 23.1% -12.9% 28.8% 5.23%
2022 -15.8% -52.6% 20.1% 27.50%
2021 12.2% -43.8% 32.4% 45.04%
2020 9.7% -10.6% 82.1% 40.71%
2019 19.3% -8.5% 37.5% 69.38%

Total Return Ranking - Trailing

Period CSD Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -8.3% 24.0% 19.18%
1 Yr 29.8% -2.6% 55.1% 16.16%
3 Yr 4.4%* -20.2% 17.4% 69.97%
5 Yr 7.9%* -0.1% 21.0% 90.37%
10 Yr 5.8%* 2.2% 13.4% 88.84%

* Annualized

Total Return Ranking - Calendar

Period CSD Return Category Return Low Category Return High Rank in Category (%)
2023 23.8% 1.2% 31.3% 7.99%
2022 -15.0% -45.7% 21.1% 54.44%
2021 13.0% -30.2% 52.8% 95.18%
2020 10.8% -8.4% 84.3% 60.18%
2019 20.6% 1.0% 43.4% 92.50%

CSD - Holdings

Concentration Analysis

CSD Category Low Category High CSD % Rank
Net Assets 57 M 728 K 139 B 83.24%
Number of Holdings 32 1 2609 89.73%
Net Assets in Top 10 37.7 M 155 K 11.7 B 67.03%
Weighting of Top 10 78.49% 0.5% 126.5% 1.36%

Top 10 Holdings

  1. Invesco Private Prime Fund 18.46%
  2. GE HealthCare Technologies Inc. 7.84%
  3. Constellation Energy Corp. 7.83%
  4. Otis Worldwide Corp. 7.60%
  5. Veralto Corp. 7.40%
  6. Invesco Private Government Fund 7.18%
  7. Carrier Global Corp. 6.79%
  8. GXO Logistics, Inc. 5.47%
  9. Crane Co. 5.16%
  10. DT Midstream, Inc. 4.75%

Asset Allocation

Weighting Return Low Return High CSD % Rank
Stocks
100.03% 0.00% 104.46% 3.78%
Cash
25.82% 0.00% 99.15% 1.35%
Preferred Stocks
0.00% 0.00% 14.30% 17.03%
Other
0.00% -1.04% 25.16% 35.14%
Convertible Bonds
0.00% 0.00% 1.78% 16.49%
Bonds
0.00% 0.00% 98.67% 20.81%

Stock Sector Breakdown

Weighting Return Low Return High CSD % Rank
Industrials
29.63% 0.00% 45.89% 2.44%
Basic Materials
15.26% 0.00% 16.35% 1.08%
Consumer Cyclical
14.44% 2.49% 46.48% 31.98%
Technology
11.94% 0.00% 40.65% 82.66%
Healthcare
7.78% 0.00% 24.06% 80.76%
Utilities
7.56% 0.00% 18.97% 12.20%
Energy
6.96% 0.00% 58.13% 25.47%
Real Estate
5.00% 0.00% 25.82% 70.73%
Communication Services
1.43% 0.00% 30.98% 78.59%
Financial Services
0.00% 0.00% 46.10% 99.73%
Consumer Defense
0.00% 0.00% 32.18% 96.48%

Stock Geographic Breakdown

Weighting Return Low Return High CSD % Rank
US
100.03% 0.00% 104.46% 2.43%
Non US
0.00% 0.00% 19.95% 30.00%

CSD - Expenses

Operational Fees

CSD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.03% 35.91% 74.39%
Management Fee 0.50% 0.00% 1.50% 25.27%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

CSD 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% 4.00% N/A

Trading Fees

CSD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

CSD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 57.00% 0.00% 304.00% 65.56%

CSD - Distributions

Dividend Yield Analysis

CSD Category Low Category High CSD % Rank
Dividend Yield 0.47% 0.00% 29.52% 70.00%

Dividend Distribution Analysis

CSD Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

CSD Category Low Category High CSD % Rank
Net Income Ratio 0.68% -2.06% 3.38% 32.34%

Capital Gain Distribution Analysis

CSD Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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CSD - Fund Manager Analysis

Managers

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.

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.

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
0.25 38.44 7.25 5.78