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Invesco S&P 500® Equal Weight Health Care ETF

$37.77+1.45% today
283852-WK
Price & daily flows
36.233.831.437.77DAILY NET FLOWFeb 19Apr 21Jun 22Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET −$37M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$2M of net buying over the past month, about 0.2% of the fund's asset base, while the price has returned +18.0% so far this year. At 0.40% a year it is not the cheapest way in — IWM runs the same ground at 0.19%.

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

$820Massets under management
0.40%expense ratio · $40 per $10,000 a year
+$2Mnet flow, trailing month
89Kavg daily volume, 30 days
66holdings
2006listed October 31, 2006 · beta 0.47
The book at a glance
MRNA+8.9%CRL+1.3%VEEV-1.0%IQV+1.5%REGN+0.9%TECH+0.1%ABT+2.2%TMO+0.3%AMGN+1.3%BDX+2.3%BAX-0.3%MRK+2.4%VRTX+1.4%LH+1.1%MTD+0.1%DXCM+2.3%RVTY+0.5%UHS+2.5%INCY+0.5%A+1.7%BMY+2.4%GILD+1.9%DGX+1.3%RMD+1.3%DHR+1.4%ABBV+1.2%GEHC+1.0%MDT+1.1%HCA+5.6%ZBH+2.0%STE+0.9%JNJ+1.1%WAT+1.5%COR+1.1%COO+0.1%HSIC+0.0%BIIB+1.1%LLY+0.9%SOLV+1.1%PFE+1.0%

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

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1MRNAMODERNA4.19%$145.13+8.9%
2CRLCHARLES RIVER LABORATORIES INTERNATIONAL2.26%$295.19+1.3%
3VEEVVEEVA SYSTEMS2.21%$247.90-1.0%
4IQVIQVIA HOLDINGS2.04%$259.82+1.5%
5REGNREGENERON PHARMACEUTICALS1.99%$834.04+0.9%
6TECHBIO-TECHNE1.99%$72.32+0.1%
7ABTABBOTT LABORATORIES1.85%$116.64+2.2%
8TMOTHERMO FISHER SCIENTIFIC1.88%$629.27+0.3%
9AMGNAMGEN1.86%$439.33+1.3%
10BDXBECTON DICKINSON &1.84%$192.00+2.3%
11BAXBAXTER INTERNATIONAL1.88%$26.34-0.3%
12MRKMERCK & CO1.81%$152.55+2.4%
13VRTXVERTEX PHARMACEUTICALS1.79%$548.05+1.4%
14LHLABORATORY CORP OF AMERICA HOLDINGS1.79%$336.34+1.1%
15MTDMETTLER TOLEDO INTERNATIONAL1.79%$1395.25+0.1%

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Sector weights
Healthcare100%
Health Technology71.07%
Health Services17.83%
Distribution Services7.92%
Commercial Services1.81%
Retail Trade1.37%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States100%
Ireland3.06%
Other0.05%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+5.6%
1 month+11.7%
3 months+21.6%
6 months+15.0%
YTD+18.0%
1 year+26.6%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$3M
1 month+$2M
3 months+$55M
YTD−$49M
1 year−$57M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JunJulAugSepOctFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
25%realized volatility, 30 days (annualized)
17%realized volatility, 1 year
-11.0%deepest fall from a peak, 1 year
-0.7%where it sits vs. that peak today

The top holding is 4.2% of the book; the top ten carry 22%. Spread across 61+ names, it behaves like roughly 56 equally-weighted positions.

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

Options tape
3calls today
puts today
put/call ratio
97Kshares traded
Most-traded holdings, options premiumBullishBearish
MRNA MODERNA$178M$164M
LLY ELI LILLY$65M$59M
JNJ JOHNSON & JOHNSON$59M$51M
MRK MERCK & CO$12M$16M
UNH UNITEDHEALTH GROUP$13M$13M

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

The case against RSPH

Due diligence cuts both ways. These funds sit on the same shelf and beat RSPH 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 · 119× the assets · +$245M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-35bp on fee · 157× 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 · 41× 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 · 34× the assets · +$103M in over the monthHead-to-head
IVV iShares Core S&P 500 ETF0.03%$900.9B−$14.2B-37bp on fee · 1099× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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