PKW

Invesco BuyBack Achievers ETF
A

64
*Unless otherwise stated, data provided by FactSet.

PKW Fund Description

The Invesco Buyback Achievers Portfolio tracks a market-cap-weighted index of stock in U.S. firms that repurchased at least 5% of their outstanding shares in the previous 12 months.

PKW Factset Analytics Insight

PKW holds stocks in firms that have purchased significant chunks of their own stock. The idea is simple: A firm's own managers know the best valuation of its stock, and if it's undervalued, they'll buy it up, assuming they have the cash. There are criticisms of this approach: perhaps the firm has nothing better to do with its earnings because it's a cash cow with no growth opportunities. Buybacks also buoy earnings-per-share without adding enterprise value. But for investors who want access to the buyback trend, PKW provides easy access, though it's worth noting that its novel thesis still yields a fund that looks like the broader market in some ways. Unlike some niche peer ETFs, the fund doesn't reach far down the market cap spectrum. Instead, large caps dominate PKW's small basket, which also has some major sector biases toward consumer cyclicals and away from healthcare. It trades easily with tight spreads. However, it is expensive to hold, with some high fees for its segment.

PKW MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 20, 2018 the Invesco BuyBack Achievers ETF MSCI ESG Fund Quality Score is 4.60 out of 10.

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. PKW ranks in the 9th percentile within its peer group and in the 19th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

PKW 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 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PKW 2.97% 5.79% 5.84% 14.43% 12.71% 10.69% 12.31%
PKW (NAV) 2.93% 5.73% 5.88% 14.39% 12.66% 10.70% 12.29%
NASDAQ Buyback Achievers Index 2.98% 5.90% 6.33% 15.08% 13.37% 11.40% 12.29%
MSCI USA IMI 2.52% 5.61% 11.33% 19.19% 16.38% 13.37% 11.31%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PKW Top 10 Countries

PKW Top 10 Sectors

PKW Top 10 Holdings [View All]

PKW Summary Data

Invesco
12/20/06
Open-Ended Fund
0.63%
$1.31B
$3.15M
0.03%

PKW Portfolio Data

$60.75B
23.38
2.31
0.65%
09/24/18
130

PKW Index Data

Market Cap
Share Buybacks
MSCI USA IMI

PKW Portfolio Management

0.63%
-0.70%
-0.64%
-0.79%

PKW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PKW Fund Structure

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

PKW Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

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

PKW Tradability

52,545
$3.15M
44,801
$2.69M
0.03%
$0.02
-0.01%
0.20% / -0.19%
None
100.00%
50,000
0.90
0.02%
0.03%
90
$62.15
5

PKW Sector/Industry Breakdown


PKW
Segment Benchmark
31.64%
17.44%
28.65%
12.72%
20.07%
6.61%
7.23%
10.55%
6.52%
24.04%
4.97%
13.34%
2.35%
5.76%
1.47%
2.56%

PKW Countries


PKW
Segment Benchmark
102.90%
99.93%
--
0.07%

PKW Regions


PKW
Segment Benchmark
102.90%
100.00%

PKW Economic Development


PKW
Segment Benchmark
100.00%
100.00%

PKW Performance Statistics

0.84
0.93
0.85
0.99
0.33%
MSCI USA IMI

PKW MSCI ESG Ratings

4.60 / 10
9.29
18.94
0.78%
3.10%
99.97

PKW BENCHMARK COMPARISON HOLDINGS

130
2409
120
6.41%

PKW BENCHMARK COMPARISON SUMMARY


PKW
Segment Benchmark
130
2409
$60.75B
$189.94B
23.38
25.18
2.31
3.23
1.56%
1.74%
Low
--

PKW BENCHMARK COMPARISON MARKET CAP SIZE


PKW
Segment Benchmark
81.37%
80.79%
15.07%
14.74%
3.21%
4.17%
0.35%
0.29%