Invesco S&P 500 Value with Momentum ETF

Frequently Asked Questions About PXLV

What does PXLV invest in?

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest “value” and “momentum” scores.

What is the expense ratio of PXLV?

An expense ratio for Invesco S&P 500 Value with Momentum ETF (PXLV) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is PXLV?

Invesco S&P 500 Value with Momentum ETF (PXLV) manages $62.0M 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 PXLV actively managed or an index fund?

PXLV 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 because there's no security selection cost.

When was PXLV launched?

Invesco S&P 500 Value with Momentum ETF (PXLV) launched in June 2011 and is managed by Invesco.

How has PXLV performed?

PXLV'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.