USLBInvesco Russell 1000 Low Beta Equal Weight ETF
USLB Fund Description
USLB tracks an index of stocks selected from the 1000 largest US firms. The index selects stocks with low beta and positive earnings, and weights them equally.
USLB Factset Analytics Insight
USLB takes a risk management approach to the US large-cap market. The fund selects stocks with lower market risk (measured by beta), screens out firms with negative earnings, and weights holdings equally to avoid single-name blow-up risk. Beta is calculated by comparing monthly returns over the past 18 months—just a handful of data points—against the return of the broad US market (not defined by the issuer). Equal-weighting the portfolio helps avoid too much exposure to any one company, but it also increases the weight of smaller firms, which are generally riskier. That's a particularly vexing issue for USLB because its Russell 1000 parent—though marketed as a large-cap index—reaches into the upper end of the midcap space. Still, the fund's beta screen should keep market-related risk under control. The index is reconstituted and rebalanced semi-annually.
USLB MSCI ESG Analytics Insight
Invesco Russell 1000 Low Beta Equal Weight ETF has an MSCI ESG Fund Rating of A based on a score of 6.06 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 Russell 1000 Low Beta Equal Weight ETF ranks in the 53th percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
USLB 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.
USLB Summary Data
USLB Portfolio Data
USLB Index Data
USLB Portfolio Management
USLB Tax Exposures
USLB Fund Structure
USLB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of USLB. USLB is rated a 4 out of 5.
USLB Sector/Industry Breakdown
USLB Top 10 Holdings[View All]
USLB Economic Development
USLB Performance Statistics
USLB MSCI ESG Ratings
USLB Benchmark Comparison Summary
USLB Benchmark Comparison Market Cap Size