Sector exposure

as of 26 Nov 2020 (%)

Country exposure

as of 26 Nov 2020 (%)

View Basket Constituents

Name ISIN Weight
SANDVIK AB SE0000667891 3.96%
GURIT HOLDING AG-BR CH0008012236 3.30%
GERRESHEIMER AG DE000A0LD6E6 3.10%
UPM-KYMMENE OYJ FI0009005987 2.91%
NORDEX SE DE000A0D6554 2.78%
ALSO HOLDING AG-REG CH0024590272 2.75%
INVESTOR AB-B SHS SE0000107419 2.75%
FASTIGHETS AB BALDER-B SHRS SE0000455057 2.47%
DISCOVERY INC-C US25470F3029 2.28%
RAIFFEISEN BANK INTERNATIONA AT0000606306 2.04%
KULICKE SOFFA INDUSTRIES US5012421013 2.03%
ALPHABET INC-CL A US02079K3059 2.03%
TOWER SEMICONDUCTOR LTD IL0010823792 2.00%
EXPEDIA GROUP INC US30212P3038 1.96%
ZALANDO SE DE000ZAL1111 1.93%
ROCHE HOLDING AG-BR CH0012032113 1.79%
VOPAK NL0009432491 1.76%
SIKA AG-REG CH0418792922 1.73%
ELMOS SEMICONDUCTOR AG DE0005677108 1.72%
BELIMO HOLDING AG-REG CH0001503199 1.70%
TECAN GROUP AG-REG CH0012100191 1.68%
PARTNERS GROUP HOLDING AG CH0024608827 1.67%
CAIXABANK SA ES0140609019 1.67%
ZURICH INSURANCE GROUP AG CH0011075394 1.65%
INWIDO AB SE0006220018 1.65%
MERCK KGAA DE0006599905 1.63%
TOMRA SYSTEMS ASA NO0005668905 1.63%
ACCELL GROUP NL0009767532 1.61%
ZEHNDER GROUP AG-BR CH0276534614 1.60%
PRETIUM RESOURCES INC CA74139C1023 1.59%
COMPUGROUP MEDICAL AG DE000A288904 1.57%
TRAVELCENTERS OF AMERICA LLC US89421B1098 1.55%
AMADEUS IT GROUP SA ES0109067019 1.50%
ROCKWOOL INTL A/S-B SHS DK0010219153 1.47%
FRESENIUS SE & CO KGAA DE0005785604 1.40%
DEUTSCHE POST AG-REG DE0005552004 1.35%
ZAI LAB LTD-ADR US98887Q1040 1.34%
RANDSTAD NV NL0000379121 1.30%
TRELLEBORG AB-B SHS SE0000114837 1.29%
NOBINA AB SE0007185418 1.11%
VOLVO AB-B SHS SE0000115446 1.06%
CORTICEIRA AMORIM SA PTCOR0AE0006 1.05%
SIEMENS HEALTHINEERS AG DE000SHL1006 1.00%
MATAS A/S DK0060497295 0.980%
STORA ENSO OYJ-R SHS FI0009005961 0.970%
BANKINTER SA ES0113679I37 0.910%
NETSCOUT SYSTEMS INC US64115T1043 0.900%
PFEIFFER VACUUM TECHNOLOGY DE0006916604 0.890%
WALLENSTAM AB-B SHS SE0007074844 0.870%
CODEXIS INC US1920051067 0.810%
ALFA LAVAL AB SE0000695876 0.760%
VP BANK AG-REG LI0315487269 0.750%
ARCELORMITTAL LU1598757687 0.620%
DXP ENTERPRISES INC US2333774071 0.600%
HOCHTIEF AG DE0006070006 0.550%
CAVERION CORP FI4000062781 0.450%
KLOECKNER & CO SE DE000KC01000 0.410%
POSTNL NV NL0009739416 0.390%
INVESTOR AB-A SHS SE0000107401 0.380%
SULZER AG-REG CH0038388911 0.380%
D/S NORDEN DK0060083210 0.370%
STOREBRAND ASA NO0003053605 0.370%
NESTLE SA-REG CH0038863350 0.360%
ALM. BRAND A/S DK0015250344 0.350%
SGS SA-REG CH0002497458 0.340%
BOLIDEN AB SE0012455673 0.340%
BAYER AG-REG DE000BAY0017 0.330%
GIVAUDAN-REG CH0010645932 0.320%
PLAYA HOTELS RESORTS NV NL0012170237 0.310%
ECKERT ZIEGLER STRAHLEN UN DE0005659700 0.280%
ORSTED A/S DK0060094928 0.220%
GENMAB A/S DK0010272202 0.210%
SKF AB-B SHARES SE0000108227 0.170%
MAYR-MELNHOF KARTON AG AT0000938204 0.150%
SVENSKA HANDELSBANKEN-A SHS SE0007100599 0.140%
ERICSSON LM-B SHS SE0000108656 0.130%
NOVARTIS AG-REG CH0012005267 0.130%
INDUSTRIVARDEN AB-C SHS SE0000107203 0.120%
BIODELIVERY SCIENCES INTL US09060J1060 0.110%
SWEDBANK AB - A SHARES SE0000242455 0.110%
DSV PANALPINA A S DK0060079531 0.0900%
METSO OUTOTEC OYJ FI0009014575 0.0900%
DEUTSCHE TELEKOM AG-REG DE0005557508 0.0900%
CA IMMOBILIEN ANLAGEN AG AT0000641352 0.0800%
SIMCORP A/S DK0060495240 0.0800%
AP MOLLER-MAERSK A/S-B DK0010244508 0.0800%
ELISA OYJ FI0009007884 0.0800%
DIGITAL TURBINE INC US25400W1027 0.0700%
AP MOELLER-MAERSK A/S-A DK0010244425 0.0700%
NORSK HYDRO ASA NO0005052605 0.0700%
SKANDINAVISKA ENSKILDA BAN-C SE0000120784 0.0600%
KOJAMO OYJ FI4000312251 0.0600%
ARGENX SE NL0010832176 0.0500%
SIGNIFY NV NL0011821392 0.0500%
BAUSCH HEALTH COS INC CA0717341071 0.0500%
1u1 DRILLISCH AG DE0005545503 0.0500%
SWEDISH ORPHAN BIOVITRUM AB SE0000872095 0.0500%
IMCD NV NL0010801007 0.0500%
CONTURA ENERGY INC US21241B1008 0.0500%
OMV AG AT0000743059 0.0400%
DOMETIC GROUP AB SE0007691613 0.0400%
OIL STATES INTERNATIONAL INC US6780261052 0.0400%
THULE GROUP AB/THE SE0006422390 0.0400%
VISCOFAN SA ES0184262212 0.0400%
SUBSEA 7 SA LU0075646355 0.0300%
SCHINDLER HOLDING AG-REG CH0024638212 0.0300%
EVOTEC AG DE0005664809 0.0300%
KINNEVIK AB - B SE0014684528 0.0300%
MACOM TECHNOLOGY SOLUTIONS H US55405Y1001 0.0300%
CALAMP CORP US1281261099 0.0300%
CASTELLUM AB SE0000379190 0.0300%
F5 NETWORKS INC US3156161024 0.0300%
NAUTILUS INC US63910B1026 0.0200%
STONERIDGE INC US86183P1021 0.0200%
LYDALL INC US5508191062 0.0200%
BEAZER HOMES USA INC US07556Q8814 0.0200%
ALCOA CORP US0138721065 0.0200%
KOPPERS HOLDINGS INC US50060P1066 0.0200%
MODINE MANUFACTURING CO US6078281002 0.0200%
IMMERSION CORPORATION US4525211078 0.0200%
SCHINDLER HOLDING-PART CERT CH0024638196 0.0200%
CARL ZEISS MEDITEC AG - BR DE0005313704 0.0200%
GALP ENERGIA SGPS SA PTGAL0AM0009 0.0200%
SALESFORCE.COM INC US79466L3024 0.0200%
SONAE PTSON0AM0001 0.0200%
CTS EVENTIM DE0005470306 0.0200%
VOLVO AB-A SHS SE0000115420 0.0200%
GETINGE AB-B SHS SE0000202624 0.0200%
CORVEL CORP US2210061097 0.0200%
ATARA BIOTHERAPEUTICS INC US0465131078 0.0200%
MERITAGE HOMES CORP US59001A1025 0.0200%
AMERICAN WOODMARK CORP US0305061097 0.0200%
CIRRUS LOGIC INC US1727551004 0.0200%
WORKIVA INC US98139A1051 0.0200%
SWISS PRIME SITE-REG CH0008038389 0.0200%
GREEN DOT CORP-CLASS A US39304D1028 0.0200%
MOWI ASA NO0003054108 0.0200%
TEREX CORP US8807791038 0.0200%
JERONIMO MARTINS PTJMT0AE0001 0.0200%
WARTSILA OYJ ABP FI0009003727 0.0200%
HENNES & MAURITZ AB-B SHS SE0000106270 0.0200%
BJ'S RESTAURANTS INC US09180C1062 0.0200%
BANQUE CANTONALE VAUDOIS-REG CH0531751755 0.0200%
JELD-WEN HOLDING INC US47580P1030 0.0200%
M/I HOMES INC US55305B1017 0.0200%
HUHTAMAKI OYJ FI0009000459 0.0200%
ORION GROUP HOLDINGS INC US68628V3087 0.0200%
MAXLINEAR INC US57776J1007 0.0200%
HUSQVARNA AB-B SHS SE0001662230 0.0200%
AXT INC US00246W1036 0.0100%
NMI HOLDINGS INC-CLASS A US6292093050 0.0100%
ARROW ELECTRONICS INC US0427351004 0.0100%
ULTRA CLEAN HOLDINGS INC US90385V1070 0.0100%
INTERSECT ENT INC US46071F1030 0.0100%
BALOISE HOLDING AG - REG CH0012410517 0.0100%
BONANZA CREEK ENERGY INC US0977934001 0.0100%
BRIGHT HORIZONS FAMILY SOLUT US1091941005 0.0100%
KELLY SERVICES INC -A US4881522084 0.0100%
SILICON LABORATORIES INC US8269191024 0.0100%
CASTLIGHT HEALTH INC-B US14862Q1004 0.0100%
HANNOVER RUECK SE DE0008402215 0.0100%
ROCHE HOLDING AG-GENUSSCHEIN CH0012032048 0.0100%
VERBUND AG AT0000746409 0.0100%
MERITOR INC US59001K1007 0.0100%
HILTON WORLDWIDE HOLDINGS IN US43300A2033 0.0100%
SPX CORP US7846351044 0.0100%
PACIRA PHARMACEUTICALS INC US6951271005 0.0100%
SHOP APOTHEKE EUROPE NV NL0012044747 0.0100%
ENOVA INTERNATIONAL INC US29357K1034 0.0100%
CORNERSTONE ONDEMAND INC US21925Y1038 0.0100%
FERRO CORP US3154051003 0.0100%
BANCO DE SABADELL SA ES0113860A34 0.0100%
AXOGEN INC US05463X1063 0.0100%
TRAVERE THERAPEUTICS INC US89422G1076 0.0100%
CANNAE HOLDINGS INC US13765N1072 0.0100%
MRC GLOBAL INC US55345K1034 0.0100%
OSI SYSTEMS INC US6710441055 0.0100%
STROER OUT-OF-HOME MEDIA AG DE0007493991 0.0100%
SKANSKA AB-B SHS SE0000113250 0.0100%
FARO TECHNOLOGIES INC US3116421021 0.0100%
HOLMEN AB-B SHARES SE0011090018 0.0100%
NATIONAL PRESTO INDS INC US6372151042 0.0100%
KIRBY CORP US4972661064 0.0100%
FORRESTER RESEARCH INC US3465631097 0.0100%
JUNGHEINRICH - PRFD DE0006219934 0.0100%
MYRIAD GENETICS INC US62855J1043 0.0100%
HERITAGE-CRYSTAL CLEAN INC US42726M1062 0.0100%
BE SEMICONDUCTOR INDUSTRIES NL0012866412 0.0100%
FERROVIAL SA ES0118900010 0.0100%
KION GROUP AG DE000KGX8881 0.0100%
FRESENIUS MEDICAL CARE AG & DE0005785802 0.0100%
PSP SWISS PROPERTY AG-REG CH0018294154 0.0100%
HOSTESS BRANDS INC US44109J1060 0.0100%
MASIMO CORP US5747951003 0.0100%
DENNY'S CORP US24869P1049 0.0100%
SONOVA HOLDING AG-REG CH0012549785 0.0100%
AXCELIS TECHNOLOGIES INC US0545402085 0.0100%
CARGOTEC OYJ-B SHARE FI0009013429 0.0100%
BROOKDALE SENIOR LIVING INC US1124631045 0.0100%
SIGA TECHNOLOGIES INC US8269171067 0.0100%
AEGION CORP US00770F1049 0.0100%
NEW RELIC INC US64829B1008 0.0100%
CYTOKINETICS INC US23282W6057 0.0100%
QUOTIENT TECHNOLOGY INC US7491191034 0.0100%
USANA HEALTH SCIENCES INC US90328M1071 0.0100%
US CELLULAR CORP US9116841084 0.0100%
KONINKLIJKE AHOLD DELHAIZE N NL0011794037 0.0100%
AMNEAL PHARMACEUTICALS INC US03168L1052 0.0100%
VANDA PHARMACEUTICALS INC US9216591084 0.0100%
DAKTRONICS INC US2342641097 0.0100%
SAMPO OYJ-A SHS FI0009003305 0.0100%
SIXT AG - PRFD DE0007231334 0.0100%
KADMON HOLDINGS INC US48283N1063 0.0100%
AMBAC FINANCIAL GROUP INC US0231398845 0.0100%
VAREX IMAGING CORP US92214X1063 0.0100%
ODONATE THERAPEUTICS INC US6760791060 0.00%
ARAVIVE INC US03890D1081 0.00%
AECOM US00766T1007 0.00%

Download fund components

Swap Counterparty Exposure as of 30 Nov 2020 (%)

Counterparty Weight
Morgan Stanley 50.6%
Goldman Sachs 49.4%

Average SWAP Mark to Market

Key information

Bloomberg ticker MXUD LN
ISIN IE00BK5LYT47
Benchmark BBG ticker NDDUUS
Management fee 0.05%
NAV (1 Dec 2020) $50.51
AUM $1,701,773,704
Base currency USD
Umbrella AUM (1 Dec 2020) $23,159,739,212

Key risks

General Investment Risk: The value of investments, and income from them, can go down as well as up and you may not get back the full amount you invested.

Concentration risk: The Fund might be concentrated in a specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the Fund than for a fund that is more diversified.

Equity Risk: The value of equities and equity-related securities can be affected by a number of factors including the activities and results of the issuer and general and regional economic and market conditions. This may result in fluctuations in the value of the Fund.

Synthetic ETF Risk: As the Fund is pursuing its objective through the use of swaps, the Fund might be exposed to the risks linked to securities which differ from the constituents of the Reference Index. The Fund is also exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund.

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

Source: MSCI. The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by Invesco. The MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. Neither MSCI nor any other third party involved in or related to compiling, computing or creating the MSCI data (the “MSCI Parties’) makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the MSCI Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco.

To assist with meeting some of the Fund's costs the Manager has requested a fees contribution of up to 0.045% of the swap notional amount from the swap counterparties active on this fund. Note that this fee contribution has no impact on the net asset value of the fund and is not charged to investors in addition to the management fee and to any swap fee as set out on this fund’s webpage.

The investment objective of the fund is to replicate the net total return index; in order to reduce tracking error against this index following the deduction of fees and withholding tax, the Investment Manager has entered into a swap agreement against the gross index performance. For this additional performance against the net total return index, the swap counterparties may charge a fee of up to 0.04%. This fee deduction is not expected to be larger than the difference between the net and gross performance of the index. The fee applied to the swap will thus still result in an equivalent fee of 0% on the net total return index performance.