Product Detail Invesco S&P 500 GARP ETF (2024)

S&P 500 Growth at a Reasonable Price Index* performance prior to 5/22/2015 reflects that of the original Underlying Index, RAFI Fundamental Large Growth Index. From 5/22/2015 to 6/21/2019, performance reflects that of the previousUnderlying Index, Russell Top 200 Pure Growth Index. From 6/21/2019 forward, performance reflects that of the Underlying Index, S&P 500 Growth at a Reasonable Price Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

Distribution Information

During the period October 27, 2015, through December 7, 2015, the Invesco Floating Rate Fund declared daily distributions in excess of daily net investment income, which was reflected in Distribution yield test.

Close

Fund Inception : 06/16/2011

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Growth stocks tend to be more sensitive to changes in their earnings and can be more volatile.

Investments focused in a particular sector, such as healthcare, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund may become “non-diversified”, as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constitutes of the Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status under such circ*mstances.

A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.

The S&P 500 Growth at a Reasonable Price Index holds approximately 75 securities in the S&P 500^® Index that have been identified as having the highest “growth scores” and “quality and value composite scores,” calculated pursuant to the index methodology. Underlying Index constituents are weighted based on their growth scores

The Russell Top 200^® Index measures the performance of the largest cap segment of the US equity universe. The Russell 1000^® Growth Index is an unmanaged index considered representative of large-cap growth stocks. The Russell Top 200 Pure Growth Index is composed of securities with strong growth characteristics selected from the Russell Top 200® Index. Russell is a trademark/service marks of the Frank Russell Co. Russell^® is a trademark of the Frank Russell Co. The RAFI Fundamental Large Growth Index is composed of common stocks of large growth US companies based on fundamental weight.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

S&P^® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P^® and Standard & Poor's^® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco Capital Management LLC. The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.