Key stats
About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
Home page
Inception date
Apr 27, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
Identifiers
3
ISIN US46090F2092
EVMT is the first commodity ETF to offer access to electric vehicle (EV) theme by providing exposure to a group of metals commonly used in EV production. Such metals include cobalt, nickel, iron ore, aluminum, copper, zinc, and silver. The fund obtains its exposure either by directly investing in commodity-related assets (ETFs, mutual funds, and closed-end investments), or indirectly through its wholly-owned Cayman Island subsidiary (avoiding a K-1 at tax time). Investment in the subsidiary is expected to provide exposure to commodity futures and commodity-linked Instruments, and may not exceed 25% of the funds assets at each fiscal quarter end. The fund may hold cash, cash-like instruments or high-quality securities to collateralize its derivatives investments. Taking an active approach, EVMT has the potential to expand both the number and type of metals it holds as EV production and technology evolves.
Related funds
Classification
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EVMT trades at 17.20 USD today, its price has fallen −0.46% in the past 24 hours. Track more dynamics on EVMT price chart.
EVMT net asset value is 17.36 today — it's fallen 2.27% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EVMT assets under management is 10.55 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EVMT price has fallen by −5.83% over the last month, and its yearly performance shows a 16.09% increase. See more dynamics on EVMT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.27% over the last month, have fallen by −2.27% over the last month, showed a 12.99% increase in three-month performance and has increased by 31.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.27% over the last month, have fallen by −2.27% over the last month, showed a 12.99% increase in three-month performance and has increased by 31.33% in a year.
EVMT fund flows account for 1.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EVMT invests in funds. See more details in our Analysis section.
EVMT expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EVMT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EVMT technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EVMT shows the buy signal. See more of EVMT technicals for a more comprehensive analysis.
Today, EVMT technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EVMT shows the buy signal. See more of EVMT technicals for a more comprehensive analysis.
Yes, EVMT pays dividends to its holders with the dividend yield of 11.58%.
EVMT trades at a premium (0.41%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EVMT shares are issued by Invesco Ltd.
EVMT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 27, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.