Invesco Bloomberg MVP Multi-factor ETF

Frequently Asked Questions About BMVP

What does BMVP invest in?

The Invesco Bloomberg MVP Multi-factor ETF aims to mirror the performance of the Bloomberg MVP Index. To achieve this, the Fund typically allocates a minimum of 90% of its total assets to the common stocks comprising this underlying benchmark. The Index itself is constructed from approximately 50 prominent U.S. large-capitalization companies. These firms are chosen for their robust fundamental characteristics across four key factors: momentum, value, low volatility, and profitability (collectively, MVP). Selection hinges on identifying companies that demonstrate superior momentum, minimized price fluctuations, attractive valuations, and strong earnings potential, all determined through a consolidated, sector-neutral MVP scoring methodology. Both the ETF and its benchmark undergo quarterly rebalancing and reconstitution, specifically in January, April, July, and October.

What is the expense ratio of BMVP?

Invesco Bloomberg MVP Multi-factor ETF (BMVP) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BMVP?

Invesco Bloomberg MVP Multi-factor ETF (BMVP) manages $102.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BMVP actively managed or an index fund?

BMVP is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BMVP's is 0.29%) because there's no security selection cost.

When was BMVP launched?

Invesco Bloomberg MVP Multi-factor ETF (BMVP) launched in May 2003 and is managed by Invesco.

How has BMVP performed?

BMVP's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.