Investment objective & strategy
As of Aug. 27, 2025 · prospectusObjective. The Invesco Oil & Gas Services ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Dynamic Oil Services Intellidex 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, ICE Data Indices, LLC (ICE Data or the Index Provider) compiles and maintains the Underlying Index, which is composed of common stocks of 30 U.S. companies that provide support activities for oil and gas operations. The Underlying Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data … 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, ICE Data Indices, LLC (ICE Data or the Index Provider) compiles and maintains the Underlying Index, which is composed of common stocks of 30 U.S. companies that provide support activities for oil and gas operations. The Underlying Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. As of June 30, 2025, the Underlying Index was comprised of 30 constituents with market capitalizations ranging from $699.6 million to $46.0 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 is non-diversified and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the 1940 Act). 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 oil and gas services industry. 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 | — | $7.38M | 15.34% |
| Invesco Private Government Fund | — | $2.85M | 5.93% |
| HALLIBURTON CO | — | $2.60M | 5.40% |
| Weatherford International PLC | — | $2.53M | 5.27% |
| ARCHROCK INC | — | $2.52M | 5.24% |
| TECHNIPFMC PLC | — | $2.49M | 5.17% |
| NOV INC | — | $2.43M | 5.05% |
| NOBLE CORP PLC | — | $2.35M | 4.89% |
| FRONTLINE PLC COMMON STOCK USD1.0 | FRO | $2.28M | 4.74% |
| BAKER HUGHES CO | — | $2.26M | 4.70% |
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. |
|---|---|---|
| Invesco S&P SmallCap Energy ETF · PSCE | 44% | 0.29% |
| iShares U.S. Oil Equipment & Services ETF · IEZ | 39% | 0.38% |
| OIL & GAS EQUIPMENT & SERVICES ULTRASECTOR PROFUND · OEPIX, OEPSX | 38% | 1.74% |
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).
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