Index components

Country exposure

as of 19 Jan 2021 (%)

Sector exposure

as of 19 Jan 2021 (%)

Top 10 Exposures as of 19 Jan 2021 (%)

Name ISIN Weight
APPLE ORD US0378331005 6.36%
MICROSOFT ORD US5949181045 4.53%
AMAZON COM ORD US0231351067 3.87%
FACEBOOK CL A ORD US30303M1027 1.83%
TESLA ORD US88160R1014 1.83%
ALPHABET CL A ORD US02079K3059 1.56%
ALPHABET CL C ORD US02079K1079 1.56%
JOHNSON & JOHNSON ORD US4781601046 1.25%
JPMORGAN CHASE ORD US46625H1005 1.22%
VISA CL A ORD US92826C8394 0.99%

Fund components

Sector exposure

as of 2 Mar 2021 (%)

Country exposure

as of 2 Mar 2021 (%)

View Basket Constituents

Name ISIN Weight
ALFA LAVAL AB SE0000695876 3.72%
NESTLE SA-REG CH0038863350 3.66%
BACHEM HOLDING AG-REG B CH0012530207 3.09%
INVESTOR AB-B SHS SE0000107419 2.83%
PATRIZIA IMMOBILIEN AG DE000PAT1AG3 2.72%
SIMCORP A/S DK0060495240 2.56%
STROER OUT-OF-HOME MEDIA AG DE0007493991 2.44%
SANDVIK AB SE0000667891 2.17%
L BRANDS INC US5017971046 2.15%
RAIFFEISEN BANK INTERNATIONA AT0000606306 2.00%
FASTIGHETS AB BALDER-B SHRS SE0000455057 1.93%
ALPHABET INC-CL A US02079K3059 1.90%
GARTNER INC US3666511072 1.89%
BELIMO HOLDING AG-REG CH0001503199 1.88%
VOLKSWAGEN AG-PREF DE0007664039 1.86%
NORSK HYDRO ASA NO0005052605 1.85%
ASCOM HOLDING AG-REG CH0011339204 1.80%
PLATZER FASTIGHETER HOLD-B SE0004977692 1.80%
TOWER SEMICONDUCTOR LTD IL0010823792 1.78%
UNIQURE NV NL0010696654 1.77%
SPAR NORD BANK A/S DK0060036564 1.77%
ACCELL GROUP NL0009767532 1.76%
ZALANDO SE DE000ZAL1111 1.73%
ZURICH INSURANCE GROUP AG CH0011075394 1.73%
VOLVO AB-A SHS SE0000115420 1.69%
CORTICEIRA AMORIM SA PTCOR0AE0006 1.68%
WHEATON PRECIOUS METALS CORP CA9628791027 1.68%
ZEHNDER GROUP AG-BR CH0276534614 1.61%
VESTAS WIND SYSTEMS A/S DK0010268606 1.49%
VOPAK NL0009432491 1.46%
LEOVEGAS AB SE0008091904 1.45%
PRETIUM RESOURCES INC CA74139C1023 1.38%
SKF AB-B SHARES SE0000108227 1.35%
DEUTSCHE POST AG-REG DE0005552004 1.34%
WACKER NEUSON SE DE000WACK012 1.31%
FRESENIUS SE & CO KGAA DE0005785604 1.25%
GALP ENERGIA SGPS SA PTGAL0AM0009 1.24%
SUMMIT MATERIALS INC -CL A US86614U1007 1.22%
TECAN GROUP AG-REG CH0012100191 1.10%
PINDUODUO INC-ADR US7223041028 1.09%
SKANDINAVISKA ENSKILDA BAN-A SE0000148884 1.06%
GIVAUDAN-REG CH0010645932 0.990%
VOLVO AB-B SHS SE0000115446 0.960%
RANDSTAD NV NL0000379121 0.930%
AP MOLLER-MAERSK A/S-B DK0010244508 0.900%
PFEIFFER VACUUM TECHNOLOGY DE0006916604 0.900%
STOREBRAND ASA NO0003053605 0.880%
WALLENSTAM AB-B SHS SE0007074844 0.770%
NEXUS AG DE0005220909 0.760%
AP MOELLER-MAERSK A/S-A DK0010244425 0.610%
PARTNERS GROUP HOLDING AG CH0024608827 0.550%
SVENSKA HANDELSBANKEN-A SHS SE0007100599 0.540%
TRAVELCENTERS OF AMERICA LLC US89421B1098 0.540%
METSO OUTOTEC OYJ FI0009014575 0.520%
MAPFRE SA ES0124244E34 0.520%
POSTNL NV NL0009739416 0.460%
HOCHTIEF AG DE0006070006 0.460%
VAUDOISE ASSURANCES HOL-CL B CH0021545667 0.450%
FISCHER (GEORG)-REG CH0001752309 0.440%
JUNGHEINRICH - PRFD DE0006219934 0.430%
BALOISE HOLDING AG - REG CH0012410517 0.420%
ROCHE HOLDING AG-BR CH0012032113 0.410%
AFG ARBONIA-FORSTER HOLD-REG CH0110240600 0.410%
CASTELLUM AB SE0000379190 0.410%
BOLIDEN AB SE0012455673 0.390%
SULZER AG-REG CH0038388911 0.390%
ECKERT ZIEGLER STRAHLEN UN DE0005659700 0.390%
SCHOUW & CO DK0010253921 0.370%
ADIDAS AG DE000A1EWWW0 0.370%
NORDIC SEMICONDUCTOR ASA NO0003055501 0.370%
SCANDI STANDARD AB SE0005999760 0.370%
PSP SWISS PROPERTY AG-REG CH0018294154 0.370%
ARCADIS NV NL0006237562 0.370%
SWATCH GROUP AG/THE-REG CH0012255144 0.360%
K+S AG-REG DE000KSAG888 0.310%
CAIXABANK SA ES0140609019 0.260%
SGS SA-REG CH0002497458 0.210%
MAYR-MELNHOF KARTON AG AT0000938204 0.180%
DIGITAL TURBINE INC US25400W1027 0.160%
SIKA AG-REG CH0418792922 0.160%
BANQUE NATIONALE DE BELGIQUE BE0003008019 0.160%
INDUSTRIVARDEN AB-C SHS SE0000107203 0.140%
DUFRY AG-REG CH0023405456 0.130%
JERONIMO MARTINS PTJMT0AE0001 0.130%
DOMETIC GROUP AB SE0007691613 0.130%
INVESTOR AB-A SHS SE0000107401 0.130%
SAMPO OYJ-A SHS FI0009003305 0.120%
BIODELIVERY SCIENCES INTL US09060J1060 0.120%
STORA ENSO OYJ-R SHS FI0009005961 0.110%
GENMAB A/S DK0010272202 0.100%
OMV AG AT0000743059 0.100%
ROCKWOOL INTL A/S-B SHS DK0010219153 0.100%
THYSSENKRUPP AG DE0007500001 0.0900%
SKANSKA AB-B SHS SE0000113250 0.0900%
BAUSCH HEALTH COS INC CA0717341071 0.0800%
ELISA OYJ FI0009007884 0.0800%
ZOVIO INC US98979V1026 0.0800%
DEUTSCHE TELEKOM AG-REG DE0005557508 0.0800%
SKANDINAVISKA ENSKILDA BAN-C SE0000120784 0.0700%
OIL STATES INTERNATIONAL INC US6780261052 0.0600%
ARGENX SE NL0010832176 0.0600%
SIGNIFY NV NL0011821392 0.0500%
HANNOVER RUECK SE DE0008402215 0.0500%
THULE GROUP AB/THE SE0006422390 0.0500%
ERICSSON LM-B SHS SE0000108656 0.0500%
EPIROC AB-A SE0011166933 0.0500%
COMPUGROUP MEDICAL AG DE000A288904 0.0500%
KOJAMO OYJ FI4000312251 0.0500%
KINNEVIK AB - B SE0014684528 0.0500%
STRAUMANN HOLDING AG-REG CH0012280076 0.0500%
EPIROC AB-B SE0011166941 0.0400%
SWEDISH ORPHAN BIOVITRUM AB SE0000872095 0.0400%
MACOM TECHNOLOGY SOLUTIONS H US55405Y1001 0.0400%
SCHINDLER HOLDING AG-REG CH0024638212 0.0400%
CTS EVENTIM DE0005470306 0.0400%
SONAE PTSON0AM0001 0.0400%
DANSKE BANK A/S DK0010274414 0.0400%
SWECO AB-B SHS SE0014960373 0.0300%
BANQUE CANTONALE VAUDOIS-REG CH0531751755 0.0300%
SUBSEA 7 SA LU0075646355 0.0300%
HUSQVARNA AB-B SHS SE0001662230 0.0300%
LYDALL INC US5508191062 0.0300%
STONERIDGE INC US86183P1021 0.0300%
ALCOA CORP US0138721065 0.0300%
F5 NETWORKS INC US3156161024 0.0300%
DSV PANALPINA A S DK0060079531 0.0300%
MODINE MANUFACTURING CO US6078281002 0.0300%
BEAZER HOMES USA INC US07556Q8814 0.0300%
BJ'S RESTAURANTS INC US09180C1062 0.0300%
KOPPERS HOLDINGS INC US50060P1066 0.0300%
NAUTILUS INC US63910B1026 0.0300%
IMMERSION CORPORATION US4525211078 0.0200%
WORKIVA INC US98139A1051 0.0200%
OUTOKUMPU OYJ FI0009002422 0.0200%
CARL ZEISS MEDITEC AG - BR DE0005313704 0.0200%
ULTRA CLEAN HOLDINGS INC US90385V1070 0.0200%
GETINGE AB-B SHS SE0000202624 0.0200%
CASTLIGHT HEALTH INC-B US14862Q1004 0.0200%
SVENSKA HANDELSBANKEN-B SHS SE0007100607 0.0200%
SCHINDLER HOLDING-PART CERT CH0024638196 0.0200%
HUHTAMAKI OYJ FI0009000459 0.0200%
HEXAGON AB-B SHS SE0000103699 0.0200%
CORVEL CORP US2210061097 0.0200%
AXT INC US00246W1036 0.0200%
ORION GROUP HOLDINGS INC US68628V3087 0.0200%
MAXLINEAR INC US57776J1007 0.0200%
HOLMEN AB-B SHARES SE0011090018 0.0200%
SHOP APOTHEKE EUROPE NV NL0012044747 0.0200%
CIRRUS LOGIC INC US1727551004 0.0200%
ALTRI SGPS SA PTALT0AE0002 0.0200%
HENNES & MAURITZ AB-B SHS SE0000106270 0.0200%
JELD-WEN HOLDING INC US47580P1030 0.0200%
SWISS PRIME SITE-REG CH0008038389 0.0200%
AMERICAN WOODMARK CORP US0305061097 0.0200%
SILICON LABORATORIES INC US8269191024 0.0200%
M/I HOMES INC US55305B1017 0.0200%
BONANZA CREEK ENERGY INC US0977934001 0.0200%
INTERSECT ENT INC US46071F1030 0.0200%
FERROVIAL SA ES0118900010 0.0200%
ENOVA INTERNATIONAL INC US29357K1034 0.0200%
SALESFORCE.COM INC US79466L3024 0.0200%
QUOTIENT TECHNOLOGY INC US7491191034 0.0200%
MERITAGE HOMES CORP US59001A1025 0.0200%
ARROW ELECTRONICS INC US0427351004 0.0100%
MRC GLOBAL INC US55345K1034 0.0100%
MYRIAD GENETICS INC US62855J1043 0.0100%
VERBUND AG AT0000746409 0.0100%
NMI HOLDINGS INC-CLASS A US6292093050 0.0100%
GREEN DOT CORP-CLASS A US39304D1028 0.0100%
TRAVERE THERAPEUTICS INC US89422G1076 0.0100%
FARO TECHNOLOGIES INC US3116421021 0.0100%
HILTON WORLDWIDE HOLDINGS IN US43300A2033 0.0100%
BE SEMICONDUCTOR INDUSTRIES NL0012866412 0.0100%
DENNY'S CORP US24869P1049 0.0100%
MERITOR INC US59001K1007 0.0100%
FERRO CORP US3154051003 0.0100%
AXCELIS TECHNOLOGIES INC US0545402085 0.0100%
ATARA BIOTHERAPEUTICS INC US0465131078 0.0100%
SPX CORP US7846351044 0.0100%
BRIGHT HORIZONS FAMILY SOLUT US1091941005 0.0100%
ROCHE HOLDING AG-GENUSSCHEIN CH0012032048 0.0100%
MERCK KGAA DE0006599905 0.0100%
VANDA PHARMACEUTICALS INC US9216591084 0.0100%
CARGOTEC OYJ-B SHARE FI0009013429 0.0100%
KIRBY CORP US4972661064 0.0100%
BROOKDALE SENIOR LIVING INC US1124631045 0.0100%
HERITAGE-CRYSTAL CLEAN INC US42726M1062 0.0100%
METSA BOARD OYJ FI0009000665 0.0100%
BAKKAFROST P/F FO0000000179 0.0100%
USANA HEALTH SCIENCES INC US90328M1071 0.0100%
CANNAE HOLDINGS INC US13765N1072 0.0100%
AMNEAL PHARMACEUTICALS INC US03168L1052 0.0100%
OSI SYSTEMS INC US6710441055 0.0100%
KION GROUP AG DE000KGX8881 0.0100%
FORRESTER RESEARCH INC US3465631097 0.0100%
CYTOKINETICS INC US23282W6057 0.0100%
DAKTRONICS INC US2342641097 0.0100%
HOSTESS BRANDS INC US44109J1060 0.0100%
SONOVA HOLDING AG-REG CH0012549785 0.0100%
MASIMO CORP US5747951003 0.0100%
VIENNA INSURANCE GROUP AG AT0000908504 0.0100%
NEW RELIC INC US64829B1008 0.0100%
VOESTALPINE AG AT0000937503 0.0100%
KADMON HOLDINGS INC US48283N1063 0.0100%
INDUSTRIA DE DISENO TEXTIL ES0148396007 0.0100%
UPM-KYMMENE OYJ FI0009005987 0.0100%
EQUINOR ASA NO0010096985 0.0100%
SIXT AG - PRFD DE0007231334 0.0100%
SIGA TECHNOLOGIES INC US8269171067 0.0100%
AAK AB SE0011337708 0.0100%
NOKIAN RENKAAT OYJ FI0009005318 0.0100%
WILLIAM DEMANT HOLDING DK0060738599 0.0100%
FRESENIUS MEDICAL CARE AG & DE0005785802 0.0100%
KONINKLIJKE AHOLD DELHAIZE N NL0011794037 0.0100%
US CELLULAR CORP US9116841084 0.0100%
NOKIA OYJ FI0009000681 0.0100%
AMBAC FINANCIAL GROUP INC US0231398845 0.0100%
SAAB AB-B SE0000112385 0.0100%
ODONATE THERAPEUTICS INC US6760791060 0.0100%
PER AARSLEFF A/S-CL B DK0060700516 0.00%

Download fund components

Swap Counterparty Exposure as of 2 Mar 2021 (%)

Counterparty Weight
Morgan Stanley 50.02%
Goldman Sachs 49.98%

Average SWAP Mark to Market

Key information

Bloomberg ticker MXUD LN
ISIN IE00BK5LYT47
Benchmark BBG ticker NDDUUS
Management fee 0.05%
Swap fee 0.00%
NAV (3 Mar 2021) $52.69
AUM $2,038,504,549
Base currency USD
Umbrella AUM (3 Mar 2021) $25,243,074,572

ESG Profile

(Index 3 Mar 2021)

ESG Rating (AAA-CCC) BBB
Quality Score (0-10) 5.28
Carbon Intensity 131.03

Source: MSCI ESG Research. For more information on ESG characteristics, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).

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.