Invesco Wins an etf.com Award Plus 5 Additional Nominations

The issuer made a strong showing at the awards in early May.

Invesco310x310
May 22, 2023
Edited by: etf.com Staff
Loading

This year, Invesco was featured prominently in the nominations for the annual etf.com awards, winning the Best New Smart Beta or Factor ETF award and appearing among the finalists for five additional awards. 

Most notably, the firm’s Global Head of ETFs and Indexed Strategies Anna Paglia was in the running for the Lifetime Achievement Award, a prize designed to honor members of the ETF industry who have made outstanding long-term contributions that help improve ETF investor outcomes.

Paglia has been involved in the ETF industry on both sides of the Atlantic since 2000, leveraging her degrees in law to develop and maintain products for Barclays Global Investors and advise ETF sponsors during her tenure at K&L Gates before joining Invesco, where she led the ETF legal department until assuming her current role. 

Invesco itself was nominated for the ETF Issuer of the Year award, included among the finalists. In the U.S., the firm offers 225 ETFs, with a total of more than $354 billion in assets under management. Its largest fund is the Invesco QQQ Trust (QQQ), which has $165.6 billion and is the fifth-largest ETF currently trading in the U.S, according to etf.com as of April 28.

The firm entered the U.S. ETF market with the acquisition of PowerShares in 2006. It has since grown to become the fourth-largest ETF issuer in the U.S. after multiple acquisitions, and has a reputation for launching differentiated and innovative products, especially in the area of smart beta ETFs.

In 2022, a time of market turmoil, its commodities, factor and energy funds provided investors with differentiated performance and vital solutions.

Fund Awards
The Invesco NASDAQ Future Gen 200 ETF (QQQS) took home the award for Best New Smart Beta or Factor ETF. The fund offers equal-weighted exposure to small cap stocks listed on the Nasdaq stock exchange. It excludes the stocks included in the Nasdaq-100 Index and the Nasdaq Next Generation 100 Index and focuses on the remaining companies listed on the exchange that are not in the financials sector and have more than $100 million in market capitalization. From there, it selects the 200 small  and midcap stocks that have the most valuable patent portfolios relative to their size, meaning the fund provides access to the firms listed on the Nasdaq that are engaged in disruptive innovation and primed for strong revenue growth potential.

Additionally, three funds in the Invesco offering were finalists in the awards competition.

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) was nominated for ETF of the Year and made it to the final round on Awards night. It is the largest broad commodity futures ETF in the world, at $5.6 billion in assets, and saw the most inflows of any commodity ETF in 2022, pulling in $1.7 billion, according to Invesco ETF Research. The actively managed fund was up more than 19% during that year, providing investors with truly differentiated performance in a year that saw both equities and fixed income tank pretty heavily. And with an expense ratio of 0.59%, it’s the second-cheapest broad commodities ETF trading in the U.S., according to Bloomberg.

Past performance is not a guarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. See invesco.com to find the most recent month-end performance numbers. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Fund performance reflects fee waivers, absent which performance data quoted would have been lower. An investment cannot be made directly into an index. Index returns do not represent fund returns. For Standardized Performance click here.

The actively managed commodity futures ETF from Invesco was also under consideration for the Best New ETF award. The Invesco Electric Vehicles Metals Commodity Strategy No K-1 ETF (EVMT) launched in April 2022, and although several competing products have emerged since its inception, it was the first fund to focus on the commodities needed in the manufacture of electric vehicles. The electrification of automobiles is a crucial part of the transition to a low-carbon economy, and there is expected to be growing demand for metals like iron, copper, aluminum, nickel and cobalt. EVMT offers focused exposure to an increasingly important niche in proportions not seen in traditional commodity futures ETFs, which generally do not include cobalt. 

Finally, the Invesco Aerospace & Defense ETF (PPA) was nominated for the Thematic ETF of the Year award. Although it has been around since 2005, it became particularly relevant in 2022 with Russia’s invasion of Ukraine. The U.S. and its allies have flooded Ukraine with weapons support to assist in the country’s defense. Fears of the conflict escalating beyond the country’s borders also attracted investors to the fund. The fund offers exposure to 55 holdings representing a broad spectrum of crucial defense contractors in cybersecurity, space and traditional aerospace. Despite its focus on U.S. companies, it was up more than 9% in 2022 even as the broad U.S. market fell nearly 20%. At the same time, PPA pulled in more than $947 million during the year.

The etf.com Awards were held on May 2, 2023, at Tribeca Rooftop in New York City.

For how nominees were selected, please visit our methodology page here.



 

There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Before investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Fund, call 800 983 0903 or visit invesco.com for the prospectus/summary prospectus. 


 

Invesco Distributors, Inc.