Key stats
About Invesco Investment Grade Defensive ETF
Expense ratio
0.13%
Home page
Inception date
Jul 25, 2018
ISIN
US46139W5022
IIGD takes a defensive approach to corporate debt. The selection pool consists of US dollar-denominated, investment-grade corporate bonds with maturities between 2 and 10 years. The index scores each bond by a combination of credit rating and maturity, favoring bonds with higher credit quality and shorter terms. Maturity and credit rating are weighted at 75% and 25%, respectively. Bonds scoring in the top 40% of the eligible population are included in the index. Constituents are market-value weighted. The Fund and the index are rebalanced monthly.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.75%
Mutual fund0.24%
Cash0.01%