Key stats
About Invesco S&P 500 Value with Momentum ETF
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Inception date
Jun 16, 2011
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
SPVMs name reflects its straightforward approach to value with momentum, with the emphasis on value. Starting from the S&P 500, its index selects 200 names with highest value score, derived from book to price, (trailing) earnings to price and sales to price. It then picks the top half of these based on a momentum score, using 12-month performance excluding the most recent month and favoring stocks with lower volatility. The 100 names are weighted by the value score. Firm size (market cap) does not play a direct role in weighting, so the fund may lean toward the smaller firms in the S&P 500. Prior to June 24, 2019 the fund tracked a Russell pure value index under a different name and ticker (PXLV). The current index retains pure value flavor given its value weighting.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Stocks99.78%
Finance37.91%
Utilities14.28%
Consumer Durables5.67%
Retail Trade5.11%
Process Industries4.80%
Electronic Technology4.53%
Health Services4.24%
Consumer Services3.49%
Transportation3.25%
Distribution Services2.50%
Energy Minerals2.38%
Producer Manufacturing2.38%
Consumer Non-Durables2.24%
Communications2.03%
Technology Services1.70%
Non-Energy Minerals1.06%
Commercial Services0.82%
Industrial Services0.71%
Health Technology0.67%
Bonds, Cash & Other0.22%
Mutual fund0.22%
Stock breakdown by region
North America99.13%
Europe0.87%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history