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ETFs

Invesco Large Cap Value ETF

PWV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 03 2005
Expense Ratio
0.58%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$2,143,012
AUM
$769,417,501
Associated Index
Dynamic Large Cap Value Intellidex Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XOM
Exxon Mobil Corp.
3.53%
CVX
Chevron Corp.
3.48%
INTC
Intel Corp.
3.45%
ABBV
Abbvie Inc
3.43%
MS
Morgan Stanley
3.34%
VZ
Verizon Communications Inc
3.33%
JPM
JPMorgan Chase & Co.
3.31%
CMCSA
Comcast Corp - Ordinary Shares - Class A
3.30%
WFC
Wells Fargo & Co.
3.30%
QCOM
Qualcomm, Inc.
3.27%
Invest with PWV

What is PWV?

The Invesco Dynamic Large Cap Value ETF (Fund) is based on the Dynamic Large Cap Value Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10 factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

ETFs related toPWV

ETFs correlated to PWV include VYM, MGV, VTV

PWV
Invesco Capital Management LLC - Invesco Large Cap Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPWV

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with PWV using Composer

FAQ

PWV is a US Equities ETF. The Invesco Dynamic Large Cap Value ETF (Fund) is based on the Dynamic Large Cap Value Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10 factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

PWV tracks the Dynamic Large Cap Value Intellidex Index.

No, PWV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PWV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PWV is 0.0073%. This is the percent change in the value of PWV over the most recent 1-month period. The 3-month return on PWV is 0.0418%. This is the percent change in the value of PWV over the most recent 3-month period.

The standard deviation of PWV for the past year is 0.1453%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PWV include IWO, VUG, and IVW.

ETFs correlated to PWV include VYM, MGV, and VTV.

ETFs that are inversely correlated to PWV include DXD, DOG, and SDOW.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.