EWRE

Invesco S&P 500 Equal Weight Real Estate ETF
B

87
*Unless otherwise stated, data provided by FactSet.

EWRE Fund Description

EWRE tracks an index of US real estate equities selected from the S&P 500. The equal-weighted index includes REITs (excluding mortgage REITs) and real estate management and development firms.

EWRE Factset Analytics Insight

EWRE, launched in August 2015, was the first equal-weighted ETF in the popular U.S. real estate segment. Equal-weighting shrinks the footprint of the largest REITs in the portfolio, but the fund’s S&P 500 universe excludes small–caps, which would otherwise tilt the equal-weighted portfolio much smaller. EWRE’s underlying industry classification system means that it can include a small portion of non-REIT real estate management and development companies, while mortgage REITs are out of bounds. The fund’s holding costs (from fees and likely tracking slippage) will be higher than cap-weighted ETFs. In all, EWRE offers a concentrated, equal-weight alternative in a space dominated by cap-weighted funds.Through September 2016, EWRE had failed to attract any investor interest. This changed somewhat due to an unusual arrangement with sister fund RYF, which needed to divest itself of REITs to comply with a GICS classification change. RYF provided AUM in the form of REITs to EWRE in return for its shares, which were then distributed to RYF shareholders as of 9/16/2016, thus providing a modest but critical boost to EWRE’s AUM.

EWRE MSCI ESG Analytics Insight

Invesco S&P 500 Equal Weight Real Estate ETF has an MSCI ESG Fund Rating of A based on a score of 5.91 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco S&P 500 Equal Weight Real Estate ETF ranks in the 65th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

EWRE MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

EWRE Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EWRE 2.48% 4.65% 24.31% 15.45% 8.54% -- --
EWRE (NAV) 2.61% 4.88% 24.39% 15.90% 8.64% -- --
S&P 500 Equal Weight Real Estate Index 2.65% 5.01% 24.77% 16.32% 9.09% -- --
Thomson Reuters US Residential & Commercial REITs 1.11% 4.43% 24.97% 16.04% 9.20% 9.45% 14.50%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EWRE Summary Data

Invesco
08/13/15
Open-Ended Fund
0.40%
$49.13M
$756.68K
0.14%

EWRE Portfolio Data

$24.31B
29.87
2.92
3.02%
09/23/19
33

EWRE Index Data

Equal
Committee
Thomson Reuters US Residential & Commercial REITs

EWRE Portfolio Management

0.40%
-0.40%
-0.30%
-0.44%

EWRE Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

EWRE Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

EWRE Factset Analytics Block Liquidity

As of 09/13/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EWRE. EWRE is rated a 5 out of 5.

EWRE Tradability

24,507
$756.68K
4,218
$130.14K
0.14%
$0.04
0.03%
1.28% / -2.27%
None
100.00%
50,000
0.08
0.03%
0.06%
0
$31.78
5

EWRE Sector/Industry Breakdown


EWRE
Segment Benchmark
45.91%
39.30%
31.79%
45.66%
18.84%
14.29%
3.45%
--

EWRE Countries


EWRE
Segment Benchmark
100.00%
100.00%

EWRE Regions


EWRE
Segment Benchmark
100.00%
100.00%

EWRE Economic Development


EWRE
Segment Benchmark
100.00%
100.00%

EWRE Performance Statistics

0.98
1.05
1.02
1.07
0.14%
Thomson Reuters US Residential & Commercial REITs

EWRE MSCI ESG Ratings

A
5.91 / 10
98.73
64.92
--
13.68%
109.12

EWRE Benchmark Comparison Holdings

33
183
31
52.26%

EWRE Benchmark Comparison Summary


EWRE
Segment Benchmark
33
183
$24.31B
$26.90B
29.87
47.69
2.92
2.50
3.55%
4.07%
Medium
Medium

EWRE Benchmark Comparison Market Cap Size


EWRE
Segment Benchmark
69.62%
58.16%
30.38%
32.80%
0.00%
8.50%
0.00%
0.53%