Invesco Russell 1000 Low Beta Equal Weight ETF

Frequently Asked Questions About USLB

What does USLB invest in?

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is comprised of securities in the Russell 1000® Index that exhibit low beta characteristics. The underlying index is a subset of the Russell 1000, which is designed to measure the performance of the large-cap segment of the U.S. equity market and consists of the stocks of the largest 1,000 U.S. companies, by market capitalization.

What is the expense ratio of USLB?

Invesco Russell 1000 Low Beta Equal Weight ETF (USLB) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is USLB?

Invesco Russell 1000 Low Beta Equal Weight ETF (USLB) manages $14.3M 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 USLB actively managed or an index fund?

USLB 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 (USLB's is 0.35%) because there's no security selection cost.

When was USLB launched?

Invesco Russell 1000 Low Beta Equal Weight ETF (USLB) launched in November 2015 and is managed by Invesco.

How has USLB performed?

USLB'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.