Investment objective & strategy
As of Feb. 26, 2026 · prospectusObjective. The Invesco International Corporate Bond ETF (the Fund) seeks to track the investment results (before fees and expenses) of the S&P International Corporate Bond Index (the Underlying Index).
Strategy. The Fund generally will invest at least 80% of its total assets in the components that comprise the Underlying Index. S&P Dow Jones Indices LLC (S&P DJI or the Index Provider) constructs the Underlying Index, which is composed of investment grade corporate bonds issued by foreign issuers and denominated in the following currencies of Group of Ten (G10) countries, excluding the U.S. Dollar (USD): Australian Dollar (AUD), British Pound (GBP), Canadian Dollar (CAD), Euro (EUR), Japanese Yen (JPY), New Zealand Dollar (NZD), Norwegian Krone (NOK), Swedish Krona (SEK) and Swiss Franc (SFR). As of December 31, 2025, the Underlying Index was comprised of 622 securities. The Fund does not purchase all of the securities in the Underlying Index; instead, the … The Fund generally will invest at least 80% of its total assets in the components that comprise the Underlying Index. S&P Dow Jones Indices LLC (S&P DJI or the Index Provider) constructs the Underlying Index, which is composed of investment grade corporate bonds issued by foreign issuers and denominated in the following currencies of Group of Ten (G10) countries, excluding the U.S. Dollar (USD): Australian Dollar (AUD), British Pound (GBP), Canadian Dollar (CAD), Euro (EUR), Japanese Yen (JPY), New Zealand Dollar (NZD), Norwegian Krone (NOK), Swedish Krona (SEK) and Swiss Franc (SFR). As of December 31, 2025, the Underlying Index was comprised of 622 securities. The Fund does not purchase all of the securities in the Underlying Index; instead, the Fund utilizes a sampling methodology to seek to achieve its investment objective. 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 October 31, 2025, the Fund had significant exposure to the financials sector. The Funds portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
Top holdings
As of April 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NTT Finance Corp., Series 18 | — | $2.36M | 0.65% |
| Toronto-Dominion Bank/The | — | $2.23M | 0.62% |
| Toronto-Dominion Bank/The | — | $2.08M | 0.57% |
| ROYAL BK CANADA | — | $2.07M | 0.57% |
| BANK OF MONTREAL | — | $2.06M | 0.57% |
| BANK OF MONTREAL | — | $2.04M | 0.56% |
| BANK OF MONTREAL QUE 3.19% 03/01/2028 | — | $2.02M | 0.56% |
| Enel Finance International N.V. | — | $1.85M | 0.51% |
| CAN IMPERIAL BK | — | $1.76M | 0.49% |
| ROYAL BANK OF CANADA 4.612% 07/26/2027 | — | $1.75M | 0.48% |
Portfolio moves
Jan 31, 2026 → Apr 30, 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. |
|---|---|---|
| SPDR(R) Bloomberg International Corporate Bond ETF · IBND | 5% | 0.50% |
| Nuveen International Aggregate Bond ETF · NXUS | 3% | 0.11% |
| DFA TARGETED CREDIT PORTFOLIO | 3% | 0.20% |
Advisers
| Firm | Role |
|---|---|
| Invesco Capital Management LLC | Adviser |
Footnotes
- Expense ratio as of February 26, 2026, from the fund's prospectus.
- Net assets and holdings count as of April 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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