Invesco Bloomberg MVP Multi-factor ETF
Name
As of 10/18/2024Price
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
Vitals
YTD Return
23.2%
1 yr return
40.3%
3 Yr Avg Return
-25.3%
5 Yr Avg Return
-11.0%
Net Assets
$97.6 M
Holdings in Top 10
20.4%
52 WEEK LOW AND HIGH
$49.3
$35.06
$49.34
Expenses
OPERATING FEES
Expense Ratio 0.29%
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 10/18/2024Price
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
BMVP - Profile
Distributions
- YTD Total Return 23.2%
- 3 Yr Annualized Total Return -25.3%
- 5 Yr Annualized Total Return -11.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.8%
- Dividend Distribution Frequency Quarterly
Fund Details
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Legal NameInvesco Bloomberg MVP Multi-factor ETF
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Fund Family NameINVESCOETF
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Inception DateMay 01, 2003
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Shares OutstandingN/A
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Share ClassN/A
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CurrencyUSD
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Domiciled CountryUS
Fund Description
The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.
Bloomberg Index Services Limited (the “Index Provider”) compiles and maintains the Underlying Index, which is comprised of the securities of U.S. large-cap companies that exhibit strong fundamental characteristics for momentum (M), value (V), volatility (V) and profitability (P), utilizing a factor model developed by Bloomberg Intelligence (an affiliate of the Index Provider). The Index Provider aims to select approximately 50 companies with the strongest momentum, most muted volatility, inexpensive valuations, and highest profitability through an aggregated sector-neutral MVP score.
To be eligible for inclusion in the Underlying Index, a security must be included in the Bloomberg US 500 Index, an index comprised of securities of the largest 500 U.S. companies by free-float market capitalization. Each security in the eligible universe is measured by momentum, value, volatility, and profitability factors, as follows:
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Momentum – Securities are measured by both six- and 12-month price Momentum, based on the total return over the previous six (and 12) months. A higher value indicates a better Momentum measure.
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Value – Securities are measured by EBITDA to Price and Revenue to Price ratios, using trailing 12-month values for both EBITDA and Revenue. A higher value indicates a better Value measure.
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Volatility – Securities are measured by six-month and 12-month price volatility. A lower value indicates a better Volatility measure.
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Profitability – Securities are measured by both Return on Invested Capital and Return on Equity. A higher value indicates a better Profitability measure.
Securities are then grouped by Bloomberg Industry Classification System (BICS) sector classification. Within each BICS sector, securities are ranked by each MVP factor, with the highest (or lowest, in the case of volatility) value receiving a score of 100. An aggregated “MVP Score” is then calculated for each security by taking the average of each factor score. Securities from each BICS sector with MVP Scores greater than 90 are included in the Underlying Index.
Upon completion of the screening process, the Underlying Index components are equally weighted.
As of June 30, 2024, the Underlying Index was comprised of 53constituents with market capitalizations ranging from $17.5 billion to $544.6 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 intends to be “diversified,” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), to the extent that the Underlying Index is diversified. The Fund may become “non-diversified” as defined in the 1940 Act solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. Should the Fund become “non-diversified,” it will no longer be required to meet certain diversification requirements under the 1940 Act and may invest a greater portion of its assets in securities of a small group of issuers or in any one individual issuer than can a diversified fund. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status solely due to a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. In seeking to track the Underlying Index, the Fund was managed as diversified as of April 30, 2024.
Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total 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.
BMVP - Performance
Return Ranking - Trailing
Period | BMVP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.2% | N/A | N/A | N/A |
1 Yr | 40.3% | N/A | N/A | N/A |
3 Yr | -25.3%* | N/A | N/A | N/A |
5 Yr | -11.0%* | N/A | N/A | N/A |
10 Yr | -2.1%* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | BMVP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -61.0% | N/A | N/A | N/A |
2022 | -17.3% | N/A | N/A | N/A |
2021 | 18.7% | N/A | N/A | N/A |
2020 | 7.0% | N/A | N/A | N/A |
2019 | 12.4% | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | BMVP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.2% | N/A | N/A | N/A |
1 Yr | 40.3% | N/A | N/A | N/A |
3 Yr | -25.3%* | N/A | N/A | N/A |
5 Yr | -11.0%* | N/A | N/A | N/A |
10 Yr | -2.1%* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BMVP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -60.3% | N/A | N/A | N/A |
2022 | -16.0% | N/A | N/A | N/A |
2021 | 19.4% | N/A | N/A | N/A |
2020 | 8.5% | N/A | N/A | N/A |
2019 | 13.5% | N/A | N/A | N/A |
BMVP - Holdings
Concentration Analysis
BMVP | Category Low | Category High | BMVP % Rank | |
---|---|---|---|---|
Net Assets | 97.6 M | N/A | N/A | N/A |
Number of Holdings | 54 | N/A | N/A | N/A |
Net Assets in Top 10 | 20.7 M | N/A | N/A | N/A |
Weighting of Top 10 | 20.37% | N/A | N/A | N/A |
Top 10 Holdings
- 3M Co. 2.22%
- PulteGroup, Inc. 2.14%
- Lockheed Martin Corp. 2.07%
- Iron Mountain Inc. 2.04%
- NVR, Inc. 2.02%
- Edison International 1.99%
- Brown Brown, Inc. 1.98%
- International Business Machines Corp. 1.98%
- Fox Corp., Class A 1.97%
- Hartford Financial Services Group, Inc. (The) 1.97%
Asset Allocation
Weighting | Return Low | Return High | BMVP % Rank | |
---|---|---|---|---|
Stocks | 100.01% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Cash | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | BMVP % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BMVP % Rank | |
---|---|---|---|---|
US | 100.01% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
BMVP - Expenses
Operational Fees
BMVP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.29% | N/A | N/A | N/A |
Management Fee | 0.29% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
BMVP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
BMVP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
BMVP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
BMVP - Distributions
Dividend Yield Analysis
BMVP | Category Low | Category High | BMVP % Rank | |
---|---|---|---|---|
Dividend Yield | 1.78% | N/A | N/A | N/A |
Dividend Distribution Analysis
BMVP | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly |
Net Income Ratio Analysis
BMVP | Category Low | Category High | BMVP % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
BMVP | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 23, 2024 | $0.219 | OrdinaryDividend |
Jun 24, 2024 | $0.201 | OrdinaryDividend |
Mar 18, 2024 | $0.128 | OrdinaryDividend |
Dec 18, 2023 | $0.410 | OrdinaryDividend |
Sep 18, 2023 | $0.145 | OrdinaryDividend |
Jun 20, 2023 | $0.186 | OrdinaryDividend |
Mar 20, 2023 | $0.173 | OrdinaryDividend |
Dec 19, 2022 | $0.741 | OrdinaryDividend |
Sep 19, 2022 | $0.325 | OrdinaryDividend |
Jun 21, 2022 | $0.261 | OrdinaryDividend |
Mar 21, 2022 | $0.245 | OrdinaryDividend |
Dec 20, 2021 | $0.230 | OrdinaryDividend |
Sep 20, 2021 | $0.146 | OrdinaryDividend |
Jun 21, 2021 | $0.258 | OrdinaryDividend |
Mar 22, 2021 | $0.074 | OrdinaryDividend |
Dec 21, 2020 | $0.223 | OrdinaryDividend |
Sep 21, 2020 | $0.139 | OrdinaryDividend |
Jun 22, 2020 | $0.459 | OrdinaryDividend |
Mar 23, 2020 | $0.330 | OrdinaryDividend |
Dec 23, 2019 | $0.345 | OrdinaryDividend |
Sep 23, 2019 | $0.175 | OrdinaryDividend |
Jun 24, 2019 | $0.298 | OrdinaryDividend |
Mar 18, 2019 | $0.127 | OrdinaryDividend |
Dec 24, 2018 | $0.311 | OrdinaryDividend |
Sep 24, 2018 | $0.188 | OrdinaryDividend |
Jun 18, 2018 | $0.496 | OrdinaryDividend |
Mar 19, 2018 | $0.275 | OrdinaryDividend |
Dec 18, 2017 | $0.927 | OrdinaryDividend |
Sep 18, 2017 | $0.496 | OrdinaryDividend |
Jun 16, 2017 | $0.242 | OrdinaryDividend |
Dec 16, 2016 | $0.364 | OrdinaryDividend |
Sep 16, 2016 | $0.171 | OrdinaryDividend |
Jun 17, 2016 | $0.288 | OrdinaryDividend |
Mar 18, 2016 | $0.265 | OrdinaryDividend |
Dec 18, 2015 | $0.203 | OrdinaryDividend |
Sep 18, 2015 | $0.172 | OrdinaryDividend |
Jun 19, 2015 | $0.172 | OrdinaryDividend |
Mar 20, 2015 | $0.200 | OrdinaryDividend |
Dec 19, 2014 | $0.171 | OrdinaryDividend |
Sep 19, 2014 | $0.154 | OrdinaryDividend |
Jun 20, 2014 | $0.211 | OrdinaryDividend |
Mar 21, 2014 | $0.071 | OrdinaryDividend |
Dec 20, 2013 | $0.145 | OrdinaryDividend |
Sep 20, 2013 | $0.131 | OrdinaryDividend |
Jun 21, 2013 | $0.232 | OrdinaryDividend |
Mar 15, 2013 | $0.025 | OrdinaryDividend |
Dec 21, 2012 | $0.475 | OrdinaryDividend |
Sep 21, 2012 | $0.227 | OrdinaryDividend |
Jun 15, 2012 | $0.119 | OrdinaryDividend |
Mar 16, 2012 | $0.046 | OrdinaryDividend |
Dec 16, 2011 | $0.198 | OrdinaryDividend |
Sep 16, 2011 | $0.098 | OrdinaryDividend |
Jun 17, 2011 | $0.057 | OrdinaryDividend |
Mar 18, 2011 | $0.075 | OrdinaryDividend |
Dec 17, 2010 | $0.312 | OrdinaryDividend |
Sep 17, 2010 | $0.161 | OrdinaryDividend |
Jun 18, 2010 | $0.084 | OrdinaryDividend |
Mar 19, 2010 | $0.029 | OrdinaryDividend |
Dec 18, 2009 | $0.121 | OrdinaryDividend |
Sep 18, 2009 | $0.094 | OrdinaryDividend |
Jun 19, 2009 | $0.100 | OrdinaryDividend |
Mar 20, 2009 | $0.070 | OrdinaryDividend |
Dec 19, 2008 | $0.156 | OrdinaryDividend |
Sep 19, 2008 | $0.122 | OrdinaryDividend |
Jun 20, 2008 | $0.128 | OrdinaryDividend |
Mar 20, 2008 | $0.013 | OrdinaryDividend |
Dec 21, 2007 | $0.157 | OrdinaryDividend |
Sep 21, 2007 | $0.095 | OrdinaryDividend |
Jun 15, 2007 | $0.214 | OrdinaryDividend |
Mar 16, 2007 | $0.065 | OrdinaryDividend |
Dec 15, 2006 | $0.160 | OrdinaryDividend |
Sep 15, 2006 | $0.050 | OrdinaryDividend |
Jun 16, 2006 | $0.049 | OrdinaryDividend |
Mar 17, 2006 | $0.045 | OrdinaryDividend |
Dec 16, 2005 | $0.131 | OrdinaryDividend |
Sep 16, 2005 | $0.047 | OrdinaryDividend |
Jun 17, 2005 | $0.108 | OrdinaryDividend |
Mar 18, 2005 | $0.029 | OrdinaryDividend |
Dec 17, 2004 | $0.088 | OrdinaryDividend |
Sep 17, 2004 | $0.031 | OrdinaryDividend |
Jun 18, 2004 | $0.072 | OrdinaryDividend |
Mar 19, 2004 | $0.053 | OrdinaryDividend |
Dec 24, 2003 | $0.036 | OrdinaryDividend |
Sep 19, 2003 | $0.044 | OrdinaryDividend |
Jun 20, 2003 | $0.168 | OrdinaryDividend |