TAO

Invesco China Real Estate ETF
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

TAO Fund Description

TAO tracks a cap-weighted index of investable Chinese and Hong Kong real estate companies and REITs. The fund invests across the market-cap spectrum.

TAO Factset Analytics Insight

TAO is a niche fund that targets the Chinese and Hong Kong real estate space. It includes Hong Kong and REITs, giving it a broader scope than our MSCI China Real Estate benchmark, which holds only 18 Chinese companies. In fact, more than half of TAO's top 10 holdings are from Hong Kong; in all, Hong Kong companies make up 80% of TAO. Holding around 50 names, TAO stretches across real estate and also reaches into the commercial REIT sector. It is also eligible to hold US-listed N-shares, such as E-House China, which lists exclusively in the US. TAO is expensive, charging 0.70% annually. Spreads on the thinly traded fund can add significant additional transaction cost.

TAO 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 December 13, 2018 the Invesco China Real Estate ETF MSCI ESG Fund Quality Score is 3.68 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. TAO ranks in the 5th percentile within its peer group and in the 5th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

TAO 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 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TAO 9.41% 1.97% -4.36% -0.89% 15.91% 9.86% 11.53%
TAO (NAV) 9.05% 2.52% -4.67% -0.73% 15.15% 9.83% 13.34%
AlphaShares China Real Estate Index -- -- -- -- -- -- 13.34%
MSCI China Real Estate Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TAO Top 10 Countries

TAO Top 10 Sectors

TAO Top 10 Holdings [View All]

TAO Summary Data

Invesco
12/18/07
Open-Ended Fund
0.70%
$40.39M
$377.86K
0.39%

TAO Portfolio Data

$15.78B
4.80
0.67
6.00%
12/26/18
64

TAO Index Data

Market Cap
Market Cap
MSCI China Real Estate Index

TAO Portfolio Management

0.70%
--
--
--

TAO Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

TAO Fund Structure

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

TAO Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

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

TAO Tradability

14,906
$377.86K
12,499
$320.43K
0.39%
$0.10
-0.12%
2.91% / -4.17%
None
0.00%
50,000
0.25
0.07%
0.30%
1,618
$27.46
3

TAO Sector/Industry Breakdown


TAO
Segment Benchmark
84.00%
99.87%
8.78%
--
1.50%
--
0.66%
--
0.10%
--

TAO TOP 10 HOLDINGS[View All]

5.80%
5.49%
5.49%
4.54%
4.50%
4.48%
4.17%
4.13%
4.04%
3.98%
46.62%

TAO Countries


TAO
Segment Benchmark
94.18%
95.88%
5.56%
--
0.26%
4.12%

TAO Regions


TAO
Segment Benchmark
100.00%
100.00%

TAO Economic Development


TAO
Segment Benchmark
99.74%
95.88%
0.26%
4.12%

TAO Performance Statistics

--
--
--
--
0.00%
MSCI China Real Estate Index

TAO MSCI ESG Ratings

3.68 / 10
4.67
4.52
--
10.36%
108.78

TAO BENCHMARK COMPARISON HOLDINGS

64
38
24
42.84%

TAO BENCHMARK COMPARISON SUMMARY


TAO
Segment Benchmark
64
38
$15.78B
$20.35B
4.80
5.54
0.67
1.07
4.40%
5.10%
Medium
High

TAO BENCHMARK COMPARISON MARKET CAP SIZE


TAO
Segment Benchmark
60.45%
69.64%
27.16%
20.16%
12.03%
10.20%
0.36%
0.00%