HAO

Invesco China Small Cap ETF
--

19
*Unless otherwise stated, data provided by FactSet.

HAO Fund Description

HAO tracks a cap-weighted index of Chinese small-cap stocks with float-adjusted market caps between $200 million and $1.5 billion.

HAO Factset Analytics Insight

Investors looking for a comprehensive small-cap China ETF should look no further than HAO. The fund is eligible to hold all investable Chinese shares (ex A-shares), meaning HAO is eligible to hold US-listed N-shares, giving investors exposure to some popular Chinese ADRs. That skews its exposure away from our benchmark, raising its average market-cap and resulting in an overweight to financials, but overall it provides decent exposure to a hard-to-cover space. The fund is a bit poor in terms of secondary liquidity, with low average volume and significant spreads, but it can get the job done. Primary liquidity is weak, and trading in multiple creation units can cause prices to move. HAO's biggest drag in Efficiency is its expense ratio—rather high for a cap-weighted fund. Still, HAO's fee looks more reasonable in light of how well it fills a somewhat specialized role.

HAO MSCI ESG Analytics Insight

Invesco China Small Cap ETF has an MSCI ESG Fund Rating of B based on a score of 2.25 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 China Small Cap ETF ranks in the 3th percentile within its peer group and in the 14th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

HAO 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.

HAO CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HAO -9.48% -8.63% 1.54% -7.34% 2.33% 0.23% 1.93%
HAO (NAV) -7.27% -3.36% 4.66% -4.13% 3.48% 0.79% 3.28%
AlphaShares China Small Cap Index -- -- -- -- -- -- 3.28%
MSCI All China Small Cap Index -4.61% -5.72% 12.41% 0.51% -14.48% -2.07% 4.60%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HAO Summary Data

Invesco
01/30/08
Open-Ended Fund
0.75%
$55.65M
$262.61K
0.15%

HAO Portfolio Data

$3.88B
11.56
1.04
5.16%
12/23/19
307

HAO Index Data

Market Cap
Market Cap
MSCI All China Small Cap Index

HAO Portfolio Management

0.75%
--
--
--

HAO Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HAO Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HAO Factset Analytics Block Liquidity

As of 08/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HAO. HAO is rated a 3 out of 5.

HAO Tradability

10,645
$262.61K
7,815
$189.90K
0.15%
$0.04
-0.13%
1.96% / -3.26%
None
10.00%
50,000
0.16
0.34%
0.39%
475
$23.77
3

HAO Sector/Industry Breakdown


HAO
Segment Benchmark
23.63%
6.66%
15.99%
24.45%
13.23%
15.86%
11.80%
16.10%
9.01%
15.29%
8.80%
6.39%
7.47%
8.33%
5.08%
3.07%
3.79%
3.34%
1.21%
0.51%

HAO TOP 10 HOLDINGS[View All]

2.48%
1.33%
1.33%
1.18%
1.03%
1.03%
1.02%
0.97%
0.96%
12.76%

HAO Countries


HAO
Segment Benchmark
79.10%
9.26%
18.56%
90.35%
1.93%
0.25%
0.42%
0.14%

HAO Regions


HAO
Segment Benchmark
98.07%
99.75%
1.93%
0.25%

HAO Economic Development


HAO
Segment Benchmark
81.44%
9.65%
18.56%
90.35%

HAO Performance Statistics

0.44
0.54
0.52
0.45
1.27%
MSCI All China Small Cap Index

HAO MSCI ESG Ratings

B
2.25 / 10
13.91
3.05
4.04%
7.28%
449.53

HAO BENCHMARK COMPARISON HOLDINGS

307
1986
139
7.87%

HAO BENCHMARK COMPARISON SUMMARY


HAO
Segment Benchmark
307
1986
$3.88B
$941.76M
11.56
36.65
1.04
1.73
2.99%
1.34%
Low
Low

HAO BENCHMARK COMPARISON MARKET CAP SIZE


HAO
Segment Benchmark
3.25%
0.00%
46.13%
0.13%
43.76%
76.58%
6.86%
23.29%