IVDGInvesco Focused Discovery Growth ETF
IVDG Fund Description
IVDG is an actively managed, non-transparent ETF to provide exposure to fundamentally selected global stocks of midcap growth companies.
IVDG Factset Analytics Insight
IVDG is one of Invesco’s first ETFs to launch an actively managed, non-transparent product. Portfolio selection uses fundamental, bottom-up analysis on global companies with above average growth rates, typically newer companies and established companies in the early growth phase of their business cycle. IVDG has a non-transparent structure, unlike other ETFs it publishes its holdings quarterly with a 30-day lag. A Tracking Basket Structure is in place, which acts as a proxy portfolio that includes: some of the fund’s holdings from recent disclosure, significant portion of the fund’s holdings, and cash. This is designed to track IVDG’s daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads.
IVDG MSCI ESG Analytics Insight
Invesco Focused Discovery Growth ETF has an MSCI ESG Fund Rating of AA based on a score of 7.82 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 Focused Discovery Growth ETF ranks in the 82nd percentile within its peer group and in the 98th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IVDG 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.
IVDG Summary Data
IVDG Portfolio Data
IVDG Index Data
IVDG Portfolio Management
IVDG Tax Exposures
IVDG Fund Structure
IVDG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IVDG. IVDG is rated a 4 out of 5.
IVDG Top 10 Holdings[View All]
IVDG Performance Statistics
IVDG MSCI ESG Ratings
IVDG Benchmark Comparison Summary
IVDG Benchmark Comparison Market Cap Size