Invesco Nasdaq Free Cash Flow Achievers ETF
Name
As of 02/12/2025Price
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
3.4%
1 yr return
28.3%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$11 M
Holdings in Top 10
49.4%
52 WEEK LOW AND HIGH
$34.8
$26.69
$35.29
Expenses
OPERATING FEES
Expense Ratio 0.39%
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 02/12/2025Price
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
QOWZ - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInvesco Nasdaq Free Cash Flow Achievers ETF
-
Fund Family NameINVESCOETF
-
Inception DateDec 06, 2023
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (“Nasdaq” or the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. Generally speaking, free cash flow refers to the cash a company has left over after accounting for operating expenses and capital expenditures; positive free cash flow may indicate a company’s financial health and efficiency and can suggest a company’s ability to generate sufficient revenue to maintain operations.
To be eligible for inclusion in the Underlying Index, an issuer must be included in the Nasdaq US Benchmark™ Index (a float adjusted, market capitalization-weighted index designed to track the performance of the U.S. equity market) and have had positive free cash flow in each of the past 11 years. The Underlying Index includes the top 50 eligible securities, based on the greatest number of years during that period when a company had a year-over-year increase in positive free cash flow. In the event that securities have the same number of years with positive year-over-year changes in free cash flow, the Underlying Index selects securities of
companies with the highest compounded annual growth rate in free cash flow over the past three years.
The Underlying Index is a modified market capitalization weighted index and may include companies in any industry or sector, other than the real estate and financials sectors, and of any market capitalization.
As of October 31, 2024, the Underlying Index was comprised of 50 constituents with market capitalizations ranging from $114.9 million to $3.3trillion.
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 August31, 2024, the Fund had significant exposure to the information technology sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
QOWZ - Performance
Return Ranking - Trailing
Period | QOWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | N/A | N/A | N/A |
1 Yr | 28.3% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | QOWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 32.2% | N/A | N/A | N/A |
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | QOWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | N/A | N/A | N/A |
1 Yr | 28.3% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | QOWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 33.2% | N/A | N/A | N/A |
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
QOWZ - Holdings
Concentration Analysis
QOWZ | Category Low | Category High | QOWZ % Rank | |
---|---|---|---|---|
Net Assets | 11 M | N/A | N/A | N/A |
Number of Holdings | 53 | N/A | N/A | N/A |
Net Assets in Top 10 | 3.74 M | N/A | N/A | N/A |
Weighting of Top 10 | 49.39% | N/A | N/A | N/A |
Top 10 Holdings
- NVIDIA Corp. 9.91%
- Meta Platforms, Inc., Class A 6.76%
- Broadcom Inc. 5.99%
- UnitedHealth Group Inc. 5.13%
- Mastercard Inc., Class A 4.46%
- Adobe Inc. 3.92%
- Salesforce, Inc. 3.46%
- Thermo Fisher Scientific Inc. 3.40%
- ServiceNow, Inc. 3.35%
- Intuit Inc. 3.02%
Asset Allocation
Weighting | Return Low | Return High | QOWZ % Rank | |
---|---|---|---|---|
Stocks | 99.91% | N/A | N/A | N/A |
Cash | 1.01% | 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 |
Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | QOWZ % 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 | QOWZ % Rank | |
---|---|---|---|---|
US | 99.91% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
QOWZ - Expenses
Operational Fees
QOWZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.39% | N/A | N/A | N/A |
Management Fee | 0.39% | 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
QOWZ 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
QOWZ 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.
QOWZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
QOWZ - Distributions
Dividend Yield Analysis
QOWZ | Category Low | Category High | QOWZ % Rank | |
---|---|---|---|---|
Dividend Yield | 1.08% | N/A | N/A | N/A |
Dividend Distribution Analysis
QOWZ | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly |
Net Income Ratio Analysis
QOWZ | Category Low | Category High | QOWZ % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
QOWZ | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 23, 2024 | $0.094 | OrdinaryDividend |
Sep 23, 2024 | $0.065 | OrdinaryDividend |
Jun 24, 2024 | $0.032 | OrdinaryDividend |
Mar 18, 2024 | $0.031 | OrdinaryDividend |