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Invesco S&P 500® Equal Weight Consumer Discretionary ETF

$57.36+1.05% today
526052-WK
Price & daily flows
58.255.853.457.36DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$103M OVER THIS RANGE

The desk’s read

Money is leaving — −$280K walked out over the past month, while the price has returned +0.0% so far this year. At 0.40% a year it is not the cheapest way in — FLOW runs the same ground at 0.25%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$317Massets under management
0.40%expense ratio · $40 per $10,000 a year
−$280Knet flow, trailing month
56Kavg daily volume, 30 days
54holdings
2006listed October 31, 2006 · beta 0.89
The book at a glance
DASH+0.5%EXPE-0.8%ABNB+1.2%GPC+0.8%BKNG-0.1%GRMN+0.6%CMG+4.6%WSM+0.8%TSCO-0.2%HAS-0.0%BBY+0.2%GM+2.1%ULTA+1.2%PHM+1.0%DRI+1.7%AMZN-0.6%RCL+1.5%DPZ+2.2%SBUX+3.0%HD+0.3%CVNA-2.3%ROST+4.4%LULU+4.7%YUM+0.4%DHI+0.7%F+3.0%NVR+0.9%LOW-0.6%CCL+1.4%RL+0.0%ORLY+0.0%EBAY-0.5%LEN+1.9%HLT-0.9%NCLH+2.9%MCD+0.7%WYNN+0.7%TSLA+5.1%AZO-0.1%MGM+1.3%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1DASHDOORDASH2.99%$223.49+0.5%
2EXPEEXPEDIA GROUP3.01%$321.63-0.8%
3ABNBAIRBNB2.91%$187.30+1.2%
4GPCGENUINE PARTS2.74%$133.96+0.8%
5BKNGBOOKING HOLDINGS2.65%$209.62-0.1%
6GRMNGARMIN2.57%$294.85+0.6%
7CMGCHIPOTLE2.36%$36.90+4.6%
8WSMWILLIAMS SONOMA2.32%$237.58+0.8%
9TSCOTRACTOR SUPPLY2.31%$34.98-0.2%
10HASHASBRO2.33%$93.54-0.0%
11BBYBEST BUY CO2.30%$85.89+0.2%
12GMGENERAL MOTORS2.20%$87.93+2.1%
13ULTAULTA BEAUTY2.22%$521.46+1.2%
14PHMPULTEGROUP2.19%$129.00+1.0%
15DRIDARDEN RESTAURANTS2.17%$221.60+1.7%

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Sector weights
Consumer Cyclical95.95%
Consumer Services33.2%
Retail Trade31.39%
Consumer Durables18.6%
Consumer Non-Durables5.3%
Distribution Services3.92%
Producer Manufacturing3.36%
Non-Energy Minerals2.24%
Industrials2.04%
Technology2.01%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States100%
Switzerland2.38%
Ireland2.11%
Canada1.51%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.1%
1 month+6.6%
3 months+6.3%
6 months-3.8%
YTD+0.0%
1 year-2.1%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$2M
1 month−$280K
3 months+$43M
YTD+$92M
1 year+$103M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JunJulAugSepOctFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
19%realized volatility, 30 days (annualized)
18%realized volatility, 1 year
-14.0%deepest fall from a peak, 1 year
-4.4%where it sits vs. that peak today

The top holding is 3.0% of the book; the top ten carry 26%. Spread across 49+ names, it behaves like roughly 46 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
90Kshares traded
Most-traded holdings, options premiumBullishBearish
TSLA TESLA$842M$785M
AMZN AMAZON $170M$173M
LULU LULULEMON ATHLETICA$8M$62M
CVNA CARVANA$11M$11M
ABNB AIRBNB$5M$7M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against RSPD

Due diligence cuts both ways. These funds sit on the same shelf and beat RSPD on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M-37bp on fee · 309× the assets · +$245M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-35bp on fee · 405× the assets · +$547M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-36bp on fee · 107× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-36bp on fee · 89× the assets · +$103M in over the monthHead-to-head
IVV iShares Core S&P 500 ETF0.03%$900.9B−$14.2B-37bp on fee · 2844× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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