Investment objective & strategy
As of Aug. 27, 2025 · prospectusObjective. The Invesco S&P 500 Top 50 ETF (the Fund) seeks to track the investment results (before fees and expenses) of the S&P 500 Top 50 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, S&P Dow Jones Indices LLC (S&P DJI or the Index Provider) compiles, maintains and calculates the Underlying Index, which consists of the 50 largest companies in the S&P 500 Index based on float-adjusted market capitalization. The Underlying Indexs components are weighted by float-adjusted market capitalization. As of June 30, 2025, the Underlying Index was comprised of 51 constituents with market capitalizations ranging from $164.1 billion to $3.9 trillion. The Fund employs a full replication methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the … 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, S&P Dow Jones Indices LLC (S&P DJI or the Index Provider) compiles, maintains and calculates the Underlying Index, which consists of the 50 largest companies in the S&P 500 Index based on float-adjusted market capitalization. The Underlying Indexs components are weighted by float-adjusted market capitalization. As of June 30, 2025, the Underlying Index was comprised of 51 constituents with market capitalizations ranging from $164.1 billion to $3.9 trillion. 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 more than 25% of the value of its net 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 information technology 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 |
|---|---|---|---|
| NVIDIA CORP | — | $1.48B | 12.86% |
| APPLE INC | — | $1.22B | 10.62% |
| MICROSOFT CORP | — | $1.02B | 8.86% |
| AMAZON.COM INC | — | $739.83M | 6.45% |
| ALPHABET INC CL A | — | $624.96M | 5.45% |
| ALPHABET INC CL C | — | $500.28M | 4.36% |
| BROADCOM INC | — | $497.22M | 4.33% |
| META PLATFORMS INC CL A | — | $495.88M | 4.32% |
| TESLA INC | — | $384.36M | 3.35% |
| BERKSHIRE HATH-B | — | $280.04M | 2.44% |
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. |
|---|---|---|
| iShares S&P 100 ETF · OEF | 82% | 0.20% |
| SGI Enhanced Market Leaders ETF · LDRX | 81% | 0.59% |
| VistaShares Target 15 S&P 100 Distribution ETF | 79% | — |
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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