Investment objective & strategy
As of Aug. 27, 2025 · prospectusObjective. The Invesco High Yield Equity Dividend Achievers TM ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Nasdaq US Dividend Achievers 50 TM Index (the Underlying Index).
Strategy. The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (Nasdaq or the Index Provider) includes common stocks in the Underlying Index that have a consistent record of dividend increases, principally on the basis of dividend yield and consistent growth in dividends. The Underlying Index is composed of the 50 issuers with the highest modified dividend yield chosen from the Nasdaq US Broad Dividend Achievers TM Index (the Parent Index). To qualify for inclusion in the Underlying Index, an issuer must have, among other things, increased its annual regular cash dividend payments for at least each of its last ten … The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (Nasdaq or the Index Provider) includes common stocks in the Underlying Index that have a consistent record of dividend increases, principally on the basis of dividend yield and consistent growth in dividends. The Underlying Index is composed of the 50 issuers with the highest modified dividend yield chosen from the Nasdaq US Broad Dividend Achievers TM Index (the Parent Index). To qualify for inclusion in the Underlying Index, an issuer must have, among other things, increased its annual regular cash dividend payments for at least each of its last ten consecutive years, and must have a minimum market capitalization of $1 billion. As of June 30, 2025, the Underlying Index was comprised of 50 constituents with market capitalizations ranging from $1.4 billion to $250.1 billion. The Fund employs a full replication methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index. The Fund intends to be diversified, as defined in the Investment Company Act of 1940, as amended (the 1940 Act), to the extent that the Underlying Index is diversified. The Fund may become non-diversified as defined in the 1940 Act solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. Should the Fund become non-diversified, it will no longer be required to meet certain diversification requirements under the 1940 Act and may invest a greater portion of its assets in securities of a small group of issuers or in any one individual issuer than can a diversified fund. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status solely due to a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. In seeking to track the Underlying Index, the Fund was managed as diversified as of April 30, 2025. Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of April 30, 2025, the Fund had significant exposure to the utilities sector. The Funds portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Invesco Private Prime Fund | — | $81.84M | 7.72% |
| ROBERT HALF INTL | — | $44.80M | 4.23% |
| LYONDELLBASELL-A | — | $40.12M | 3.79% |
| FLOWERS FOODS INC | — | $39.12M | 3.69% |
| PERRIGO CO PLC | — | $37.10M | 3.50% |
| INSPERITY INC | — | $32.88M | 3.10% |
| UNITED PARCEL SERVICE INC CL B | — | $30.46M | 2.87% |
| ALTRIA GROUP INC | — | $29.43M | 2.78% |
| VERIZON COMMUNICATIONS INC | — | $28.77M | 2.72% |
| PFIZER INC | — | $27.54M | 2.60% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF · SPYD | 31% | 0.07% |
| Invesco S&P 500 High Dividend Low Volatility ETF · SPHD | 31% | 0.30% |
| ALPS Sector Dividend Dogs ETF · SDOG | 29% | 0.36% |
Advisers
| Firm | Role |
|---|---|
| Invesco Capital Management LLC | Adviser |
Footnotes
- Expense ratio as of August 27, 2025, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.