Sector exposure

as of 21 Oct 2020 (%)

Country exposure

as of 21 Oct 2020 (%)

View Basket Constituents

Name ISIN Weight
NORSK HYDRO ASA NO0005052605 4.59%
NORDEX SE DE000A0D6554 3.77%
SANDVIK AB SE0000667891 3.66%
NESTLE SA-REG CH0038863350 3.39%
SGS SA-REG CH0002497458 3.10%
UPM-KYMMENE OYJ FI0009005987 2.92%
INVESTOR AB-B SHS SE0000107419 2.65%
SAP SE DE0007164600 2.45%
TECAN GROUP AG-REG CH0012100191 2.22%
VOPAK NL0009432491 1.97%
PRETIUM RESOURCES INC CA74139C1023 1.97%
ALPHABET INC-CL A US02079K3059 1.96%
BASSETT FURNITURE INDS US0702031040 1.89%
EXPEDITORS INTL WASH INC US3021301094 1.83%
ALEXION PHARMACEUTICALS INC US0153511094 1.83%
ROCHE HOLDING AG-GENUSSCHEIN CH0012032048 1.73%
BILFINGER SE DE0005909006 1.73%
CODEXIS INC US1920051067 1.72%
GENMAB A/S DK0010272202 1.71%
DAETWYLER HOLDING AG-BR CH0030486770 1.69%
ASSA ABLOY AB-B SE0007100581 1.68%
SPAREBANK 1 SR BANK ASA NO0010631567 1.67%
ZURICH INSURANCE GROUP AG CH0011075394 1.67%
METSO OUTOTEC OYJ FI0009014575 1.66%
BELIMO HOLDING AG-REG CH0001503199 1.63%
PFEIFFER VACUUM TECHNOLOGY DE0006916604 1.62%
COMPUGROUP MEDICAL AG DE000A288904 1.59%
ZEHNDER GROUP AG-BR CH0276534614 1.58%
DEUTSCHE BETEILIGUNGS AG DE000A1TNUT7 1.56%
ACCELL GROUP NL0009767532 1.55%
AIRGAIN INC US00938A1043 1.55%
NMI HOLDINGS INC-CLASS A US6292093050 1.48%
NORDIC SEMICONDUCTOR ASA NO0003055501 1.44%
CAIXABANK SA ES0140609019 1.37%
RANDSTAD NV NL0000379121 1.37%
SIEMENS HEALTHINEERS AG DE000SHL1006 1.31%
TRELLEBORG AB-B SHS SE0000114837 1.24%
ADECOAGRO SA LU0584671464 1.22%
STORA ENSO OYJ-R SHS FI0009005961 1.07%
FANHUA INC-SPONSORED ADR US30712A1034 1.06%
DEUTSCHE POST AG-REG DE0005552004 1.06%
WILH. WILHELMSEN ASA NO0010571680 0.990%
FRESENIUS SE & CO KGAA DE0005785604 0.940%
AMADEUS IT GROUP SA ES0109067019 0.920%
BURKHALTER HOLDING AG CH0212255803 0.900%
VOLVO AB-B SHS SE0000115446 0.880%
KION GROUP AG DE000KGX8881 0.790%
STOREBRAND ASA NO0003053605 0.680%
AXFOOD AB SE0006993770 0.670%
INVESTOR AB-A SHS SE0000107401 0.600%
MOWI ASA NO0003054108 0.570%
SOLVAY SA BE0003470755 0.530%
CAVERION CORP FI4000062781 0.490%
SWEDBANK AB - A SHARES SE0000242455 0.460%
POSTNL NV NL0009739416 0.440%
BANKINTER SA ES0113679I37 0.420%
KARDEX AG-REG CH0100837282 0.380%
NOLATO AB-B SHS SE0000109811 0.380%
SIXT AG - PRFD DE0007231334 0.370%
MOBILEZONE HOLDING AG-BR CH0276837694 0.370%
INFICON HOLDING AG-REG CH0011029946 0.370%
PER AARSLEFF A/S-CL B DK0060700516 0.370%
NOKIA OYJ FI0009000681 0.370%
GIVAUDAN-REG CH0010645932 0.370%
MTU AERO ENGINES AG DE000A0D9PT0 0.350%
AP MOLLER-MAERSK A/S-B DK0010244508 0.350%
ECKERT ZIEGLER STRAHLEN UN DE0005659700 0.310%
BOLIDEN AB SE0012455673 0.300%
FASTIGHETS AB BALDER-B SHRS SE0000455057 0.300%
PLAYA HOTELS RESORTS NV NL0012170237 0.250%
TIKKURILA OYJ FI4000008719 0.250%
ORSTED A/S DK0060094928 0.210%
ALFA LAVAL AB SE0000695876 0.200%
ROCHE HOLDING AG-BR CH0012032113 0.200%
INDUSTRIVARDEN AB-C SHS SE0000107203 0.190%
HANNOVER RUECK SE DE0008402215 0.170%
MAYR-MELNHOF KARTON AG AT0000938204 0.160%
ERICSSON LM-B SHS SE0000108656 0.130%
BECHTLE AG DE0005158703 0.120%
SKF AB-B SHARES SE0000108227 0.120%
NOVARTIS AG-REG CH0012005267 0.120%
ROCKWOOL INTL A/S-B SHS DK0010219153 0.110%
BIODELIVERY SCIENCES INTL US09060J1060 0.110%
SIKA AG-REG CH0418792922 0.110%
HOCHTIEF AG DE0006070006 0.100%
SVENSKA HANDELSBANKEN-A SHS SE0007100599 0.100%
SIMCORP A/S DK0060495240 0.0900%
BANQUE NATIONALE DE BELGIQUE BE0003008019 0.0900%
ARCELORMITTAL LU1598757687 0.0900%
ELISA OYJ FI0009007884 0.0800%
MERCK KGAA DE0006599905 0.0800%
DEUTSCHE TELEKOM AG-REG DE0005557508 0.0800%
METSO OUTOTEC OYJ FI0009014575 0.0800%
DIGITAL TURBINE INC US25400W1027 0.0700%
ZALANDO SE DE000ZAL1111 0.0700%
ASML HOLDING NV NL0010273215 0.0700%
KONINKLIJKE AHOLD DELHAIZE N NL0011794037 0.0700%
AP MOELLER-MAERSK A/S-A DK0010244425 0.0600%
SKANDINAVISKA ENSKILDA BAN-C SE0000120784 0.0600%
VALMET OYJ FI4000074984 0.0600%
CA IMMOBILIEN ANLAGEN AG AT0000641352 0.0600%
HEXPOL AB SE0007074281 0.0600%
SIGNIFY NV NL0011821392 0.0600%
SWEDISH ORPHAN BIOVITRUM AB SE0000872095 0.0600%
MERCADOLIBRE INC US58733R1023 0.0600%
KOJAMO OYJ FI4000312251 0.0500%
BAUSCH HEALTH COS INC CA0717341071 0.0500%
CONTURA ENERGY INC US21241B1008 0.0500%
BAYER AG-REG DE000BAY0017 0.0500%
DSV PANALPINA A S DK0060079531 0.0400%
1u1 DRILLISCH AG DE0005545503 0.0400%
TRAVELCENTERS OF AMERICA LLC US89421B1098 0.0400%
EPIROC AB-A SE0011166933 0.0400%
FERROVIAL SA ES0118900010 0.0400%
NAUTILUS INC US63910B1026 0.0400%
Aker BP ASA NO0010345853 0.0400%
GERRESHEIMER AG DE000A0LD6E6 0.0400%
LEAF GROUP LTD US52177G1022 0.0300%
IMCD NV NL0010801007 0.0300%
EVOTEC AG DE0005664809 0.0300%
VISCOFAN SA ES0184262212 0.0300%
SUBSEA 7 SA LU0075646355 0.0300%
OIL STATES INTERNATIONAL INC US6780261052 0.0300%
CALAMP CORP US1281261099 0.0300%
CASTELLUM AB SE0000379190 0.0300%
MACOM TECHNOLOGY SOLUTIONS H US55405Y1001 0.0300%
EXTREME NETWORKS INC US30226D1063 0.0200%
SCHINDLER HOLDING-PART CERT CH0024638196 0.0200%
STONERIDGE INC US86183P1021 0.0200%
ARGENX SE NL0010832176 0.0200%
MERITAGE HOMES CORP US59001A1025 0.0200%
F5 NETWORKS INC US3156161024 0.0200%
SALESFORCE.COM INC US79466L3024 0.0200%
BEAZER HOMES USA INC US07556Q8814 0.0200%
KOPPERS HOLDINGS INC US50060P1066 0.0200%
GREEN DOT CORP-CLASS A US39304D1028 0.0200%
AAK AB SE0011337708 0.0200%
HEXAGON AB-B SHS SE0000103699 0.0200%
GETINGE AB-B SHS SE0000202624 0.0200%
CORVEL CORP US2210061097 0.0200%
IMMERSION CORPORATION US4525211078 0.0200%
AMERICAN WOODMARK CORP US0305061097 0.0200%
CIE FINANCIERE RICHEMO-A REG CH0210483332 0.0200%
VOLVO AB-A SHS SE0000115420 0.0200%
CIRRUS LOGIC INC US1727551004 0.0200%
JELD-WEN HOLDING INC US47580P1030 0.0200%
M/I HOMES INC US55305B1017 0.0200%
BANQUE CANTONALE VAUDOIS-REG CH0531751755 0.0200%
LYDALL INC US5508191062 0.0200%
BJ'S RESTAURANTS INC US09180C1062 0.0200%
ALCOA CORP US0138721065 0.0200%
TEREX CORP US8807791038 0.0200%
ARCUS BIOSCIENCES INC US03969F1093 0.0200%
MODINE MANUFACTURING CO US6078281002 0.0100%
BRIGHT HORIZONS FAMILY SOLUT US1091941005 0.0100%
ARROW ELECTRONICS INC US0427351004 0.0100%
WORKIVA INC US98139A1051 0.0100%
SILICON LABORATORIES INC US8269191024 0.0100%
VERBUND AG AT0000746409 0.0100%
KELLY SERVICES INC -A US4881522084 0.0100%
MAXLINEAR INC US57776J1007 0.0100%
SPX CORP US7846351044 0.0100%
MERITOR INC US59001K1007 0.0100%
AMNEAL PHARMACEUTICALS INC US03168L1052 0.0100%
BALOISE HOLDING AG - REG CH0012410517 0.0100%
FERRO CORP US3154051003 0.0100%
ULTRA CLEAN HOLDINGS INC US90385V1070 0.0100%
INTERSECT ENT INC US46071F1030 0.0100%
ORION GROUP HOLDINGS INC US68628V3087 0.0100%
AXOGEN INC US05463X1063 0.0100%
ATARA BIOTHERAPEUTICS INC US0465131078 0.0100%
BONANZA CREEK ENERGY INC US0977934001 0.0100%
CANNAE HOLDINGS INC US13765N1072 0.0100%
SCHINDLER HOLDING AG-REG CH0024638212 0.0100%
PACIRA PHARMACEUTICALS INC US6951271005 0.0100%
RETROPHIN INC US7612991064 0.0100%
CORNERSTONE ONDEMAND INC US21925Y1038 0.0100%
HILTON WORLDWIDE HOLDINGS IN US43300A2033 0.0100%
SONOVA HOLDING AG-REG CH0012549785 0.0100%
QUOTIENT TECHNOLOGY INC US7491191034 0.0100%
CASTLIGHT HEALTH INC-B US14862Q1004 0.0100%
FARO TECHNOLOGIES INC US3116421021 0.0100%
KINNEVIK AB - B SE0014684528 0.0100%
NEW RELIC INC US64829B1008 0.0100%
JUNGHEINRICH - PRFD DE0006219934 0.0100%
PSP SWISS PROPERTY AG-REG CH0018294154 0.0100%
USANA HEALTH SCIENCES INC US90328M1071 0.0100%
NATIONAL PRESTO INDS INC US6372151042 0.0100%
ENOVA INTERNATIONAL INC US29357K1034 0.0100%
OSI SYSTEMS INC US6710441055 0.0100%
FRESENIUS MEDICAL CARE AG & DE0005785802 0.0100%
AXT INC US00246W1036 0.0100%
MASIMO CORP US5747951003 0.0100%
BE SEMICONDUCTOR INDUSTRIES NL0012866412 0.0100%
HOSTESS BRANDS INC US44109J1060 0.0100%
SIGA TECHNOLOGIES INC US8269171067 0.0100%
CYTOKINETICS INC US23282W6057 0.0100%
FORRESTER RESEARCH INC US3465631097 0.0100%
MRC GLOBAL INC US55345K1034 0.0100%
CHR HANSEN HOLDING A/S DK0060227585 0.0100%
OMV AG AT0000743059 0.0100%
AXCELIS TECHNOLOGIES INC US0545402085 0.0100%
DENNY'S CORP US24869P1049 0.0100%
US CELLULAR CORP US9116841084 0.0100%
BANCO DE SABADELL SA ES0113860A34 0.0100%
AEGION CORP US00770F1049 0.0100%
DOMETIC GROUP AB SE0007691613 0.0100%
MYRIAD GENETICS INC US62855J1043 0.0100%
KIRBY CORP US4972661064 0.0100%
MANCHESTER UNITED PLC-CL A KYG5784H1065 0.0100%
RAIFFEISEN BANK INTERNATIONA AT0000606306 0.0100%
VANDA PHARMACEUTICALS INC US9216591084 0.0100%
DAKTRONICS INC US2342641097 0.0100%
HERITAGE-CRYSTAL CLEAN INC US42726M1062 0.0100%
KADMON HOLDINGS INC US48283N1063 0.0100%
SONAE PTSON0AM0001 0.0100%
BROOKDALE SENIOR LIVING INC US1124631045 0.0100%
AMBAC FINANCIAL GROUP INC US0231398845 0.0100%
ODONATE THERAPEUTICS INC US6760791060 0.0100%
VAREX IMAGING CORP US92214X1063 0.00%
INOGEN INC US45780L1044 0.00%
ARAVIVE INC US03890D1081 0.00%
AECOM US00766T1007 0.00%

Download fund components

Swap Counterparty Exposure as of 21 Oct 2020 (%)

Counterparty Weight
Morgan Stanley 50.26%
Goldman Sachs 49.74%

Average SWAP Mark to Market

Key information

Bloomberg ticker MXUD LN
ISIN IE00BK5LYT47
Benchmark BBG ticker NDDUUS
Management fee 0.05%
NAV (22 Oct 2020) $47.35
AUM $1,508,516,827
Base currency USD
Umbrella AUM (22 Oct 2020) $22,084,160,630

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.