Invesco Bloomberg Pricing Power ETF

Frequently Asked Questions About POWA

What does POWA invest in?

The Invesco Bloomberg Pricing Power ETF (POWA) aims to track the performance of the Bloomberg Pricing Power Index. To achieve this, the Fund commits at least 80% of its total assets to the securities that comprise its underlying benchmark. The Index itself is designed to identify U.S. large- and mid-capitalization companies believed by the Index Provider to be capable of sustaining consistent profit margins across diverse market conditions. A key criterion for inclusion is a demonstrated history of minimal fluctuations in annual gross profit margins over the preceding five years. Both the Fund and the Index undergo quarterly rebalancing.

What is the expense ratio of POWA?

Invesco Bloomberg Pricing Power ETF (POWA) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is POWA?

Invesco Bloomberg Pricing Power ETF (POWA) manages $173.0M 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 POWA actively managed or an index fund?

POWA 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 (POWA's is 0.40%) because there's no security selection cost.

When was POWA launched?

Invesco Bloomberg Pricing Power ETF (POWA) launched in December 2006 and is managed by Invesco.

How has POWA performed?

POWA'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.