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Trending ETFs

Name

As of 05/17/2024

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

$54.43

$6.46 B

1.81%

$0.98

0.29%

Vitals

YTD Return

6.4%

1 yr return

16.3%

3 Yr Avg Return

7.6%

5 Yr Avg Return

15.2%

Net Assets

$6.46 B

Holdings in Top 10

14.6%

52 WEEK LOW AND HIGH

$54.4
$43.21
$55.23

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 05/17/2024

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

$54.43

$6.46 B

1.81%

$0.98

0.29%

OMFL - Profile

Distributions

  • YTD Total Return 6.4%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 15.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.24%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco Russell 1000® Dynamic Multifactor ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Nov 08, 2017
  • Shares Outstanding
    45430001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter 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, FTSE Russell (the “Index Provider”) compiles and maintains the Underlying Index, which is an index of U.S. equity securities designed to reflect a dynamic combination of “factor investing” strategies that, in the view of the Index Provider, have historically outperformed other factors during various parts of the economic cycle. The Underlying Index’s universe of investable stocks is taken from the Russell 1000® Index (the “Parent Index”), which measures the performance of 1,000 of the largest-capitalization companies in the United States.
A factor is a stock characteristic that is associated with a security’s risk and return profile (e.g., high quality, high momentum or low volatility). The Underlying Index’s rules-based framework seeks to identify equity securities that tend to exhibit various investment factors to a greater extent than the overall market, depending on the overall economic environment. The Underlying Index emphasizes investments that exhibit the following factors: low volatility, momentum, quality, size and value. At any given time, depending on the current stage of the economic cycle of the overall market, the Underlying Index will target different subsets (that is, two or three) of
those five factors (referred to as “factor configurations”). The Underlying Index is designed to utilize factor configurations that, in the view of the Index Provider, have historically outperformed other factors in certain stages of the economic cycle. The specific factor configurations used by the Underlying Index will change depending on which of the following four stages of the economic cycle currently is prevalent: recovery, expansion, slowdown and contraction. These four stages are defined as follows:
◾ Recovery: when growth is below trend but accelerating.
◾ Expansion: when growth is above trend and accelerating.
◾ Slowdown: when growth is above trend but decelerating.
◾ Contraction: when growth is below trend and decelerating.
Invesco Indexing LLC (“Invesco Indexing”) identifies which stage of the economic cycle it currently believes the market to be in by evaluating leading economic and market sentiment indicators (such as manufacturing business surveys, labor market conditions, monetary conditions and consumer sentiment surveys). Each month, Invesco Indexing informs the Index Provider on the current stage of the economic cycle, and the Index Provider uses that information to determine the appropriate factor configuration for the Underlying Index during that month. Each of the four stages is correlated to a specific, predetermined factor configuration.
To determine which securities within the Parent Index are eligible for inclusion in the Underlying Index in a given factor configuration, each constituent in the Parent Index is assigned a multi-factor score based on the extent to which the security exhibits a factor relative to the other constituents in the Parent Index. The multi-factor score is the product of the security’s individual factor scores, each of which is calculated based on certain aspects of the issuer, as set forth below.
◾ 
Value. A company’s value factor score is based on an equally-weighted composite of cash flow yield, earnings yield, and sales to price ratio, calculated based on the company’s total market capitalization and information reported in the company’s most recent annual financial statement as of the last business day of the prior month.
◾ 
Momentum. A company’s momentum factor score is based on historical total return over the 11 months ending on the last business day of the prior month.
◾ 
Quality. A company’s quality factor score is based on a composite of three measures of profitability (return on assets, change in asset turnover and accruals) and a single measure of leverage, calculated as the ratio of operating cash flow to total debt based on information reported in the company’s most recent annual financial statement.
◾ 
Low Volatility. A company’s volatility factor score is based on the standard deviation of weekly total returns to a company’s stock price over the trailing five years ending on the last business day of the prior month.
◾ 
Size. A company’s size factor score is based on total market capitalization as of the last business day of the prior month.
An initial weight for each security is determined from the product of the security’s multi-factor score and its weight in the Parent Index. The Underlying Index’s methodology will exclude securities from the Underlying Index if their relevant factor characteristics fall below certain relative thresholds, as set forth in the methodology rules of the Underlying Index, or if their adjusted weights fall below a certain de minimis amount. Finally, a maximum security weight limit is applied to ensure no security weight exceeds a fixed level.
The Underlying Index is sponsored by the Index Provider, which is unaffiliated with the Fund, Invesco Indexing or Invesco Capital Management LLC, the Fund’s investment adviser (the “Adviser”). However, since Invesco Indexing provides the Index Provider with monthly data
relating to the stage of the economic cycle, Invesco Indexing may also be deemed a creator and sponsor of the Underlying Index. Invesco Indexing is affiliated with the Adviser and Invesco Distributors, Inc., the Fund’s distributor (the “Distributor”).
As of October 31, 2023, the Underlying Index was comprised of 724constituents with market capitalizations ranging from $451.5million to $2.7trillion.
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.
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OMFL - Performance

Return Ranking - Trailing

Period OMFL Return Category Return Low Category Return High Rank in Category (%)
YTD 6.4% -0.4% 18.5% 93.59%
1 Yr 16.3% 3.8% 52.7% 93.43%
3 Yr 7.6%* -12.7% 16.1% 75.96%
5 Yr 15.2%* -0.8% 109.2% 12.77%
10 Yr N/A* 2.7% 21.1% 81.87%

* Annualized

Return Ranking - Calendar

Period OMFL Return Category Return Low Category Return High Rank in Category (%)
2023 19.7% -42.6% 47.4% 45.11%
2022 -15.3% -56.3% -4.2% 10.98%
2021 27.6% -27.2% 53.7% 3.86%
2020 18.7% -36.2% 2181.7% 13.04%
2019 33.4% -22.7% 40.4% 2.59%

Total Return Ranking - Trailing

Period OMFL Return Category Return Low Category Return High Rank in Category (%)
YTD 6.4% -0.4% 18.5% 93.59%
1 Yr 16.3% 3.8% 52.7% 93.43%
3 Yr 7.6%* -12.7% 16.1% 75.96%
5 Yr 15.2%* -0.8% 109.2% 12.77%
10 Yr N/A* 2.7% 21.1% N/A

* Annualized

Total Return Ranking - Calendar

Period OMFL Return Category Return Low Category Return High Rank in Category (%)
2023 21.5% -5.0% 47.4% 65.87%
2022 -14.0% -36.8% -2.2% 20.42%
2021 29.0% 3.0% 124.3% 19.11%
2020 21.0% -15.8% 2266.0% 17.73%
2019 35.0% -0.4% 241.3% 3.93%

OMFL - Holdings

Concentration Analysis

OMFL Category Low Category High OMFL % Rank
Net Assets 6.46 B 2.34 M 1.55 T 23.74%
Number of Holdings 379 2 4048 24.54%
Net Assets in Top 10 876 M 885 K 387 B 38.69%
Weighting of Top 10 14.64% 0.3% 112.0% 98.48%

Top 10 Holdings

  1. Invesco Private Prime Fund 5.61%
  2. Invesco Private Government Fund 2.25%
  3. Builders FirstSource, Inc. 1.11%
  4. Hewlett Packard Enterprise Co. 0.88%
  5. Western Digital Corp. 0.85%
  6. Jabil Inc. 0.83%
  7. Steel Dynamics, Inc. 0.81%
  8. Synchrony Financial 0.79%
  9. Leidos Holdings, Inc. 0.78%
  10. PulteGroup, Inc. 0.73%

Asset Allocation

Weighting Return Low Return High OMFL % Rank
Stocks
99.28% 0.00% 124.03% 35.81%
Cash
7.87% 0.00% 99.06% 3.92%
Preferred Stocks
0.00% 0.00% 2.38% 96.16%
Other
0.00% -13.91% 100.00% 94.96%
Convertible Bonds
0.00% 0.00% 5.54% 95.83%
Bonds
0.00% -0.37% 93.78% 95.60%

Stock Sector Breakdown

Weighting Return Low Return High OMFL % Rank
Financial Services
19.73% 0.00% 55.59% 8.14%
Technology
17.32% 0.00% 48.94% 86.33%
Industrials
13.43% 0.00% 29.90% 11.80%
Consumer Cyclical
12.50% 0.00% 30.33% 14.65%
Basic Materials
7.46% 0.00% 25.70% 5.13%
Healthcare
6.95% 0.00% 60.70% 97.31%
Real Estate
6.90% 0.00% 31.91% 2.03%
Energy
6.70% 0.00% 41.64% 9.52%
Consumer Defense
4.05% 0.00% 47.71% 91.46%
Utilities
2.97% 0.00% 20.91% 31.00%
Communication Services
2.01% 0.00% 27.94% 94.39%

Stock Geographic Breakdown

Weighting Return Low Return High OMFL % Rank
US
99.28% 0.00% 124.03% 28.86%
Non US
0.00% 0.00% 62.81% 96.32%

OMFL - Expenses

Operational Fees

OMFL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.29% 0.01% 19.75% 85.28%
Management Fee 0.29% 0.00% 1.90% 28.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

OMFL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

OMFL 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.

OMFL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 99.18%

OMFL - Distributions

Dividend Yield Analysis

OMFL Category Low Category High OMFL % Rank
Dividend Yield 1.81% 0.00% 25.47% 45.67%

Dividend Distribution Analysis

OMFL Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

OMFL Category Low Category High OMFL % Rank
Net Income Ratio 1.24% -54.00% 6.06% 17.96%

Capital Gain Distribution Analysis

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

Distributions History

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OMFL - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

May 24, 2019

3.02

3.0%

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

May 24, 2019

3.02

3.0%

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

May 24, 2019

3.02

3.0%

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

Oct 28, 2019

2.59

2.6%

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 7.28 2.42