Sector exposure

as of 27 May 2020 (%)

Country exposure

as of 27 May 2020 (%)

View Basket Constituents

Name ISIN Weight
LASSILA & TIKANOJA OYJ FI0009010854 4.07%
BAYER AG-REG DE000BAY0017 3.50%
SANDVIK AB SE0000667891 3.42%
FABEGE AB SE0011166974 3.41%
ECKERT ZIEGLER STRAHLEN UN DE0005659700 3.37%
PSP SWISS PROPERTY AG-REG CH0018294154 3.32%
COLTENE HOLDING AG-REG CH0025343259 2.75%
VOPAK NL0009432491 2.48%
CONSOL ENERGY INC US20854L1089 2.15%
LOGITECH INTERNATIONAL-REG CH0025751329 2.14%
MTU AERO ENGINES HOLDING AG DE000A0D9PT0 2.09%
VOLVO AB-B SHS SE0000115446 2.07%
UPM-KYMMENE OYJ FI0009005987 2.05%
HUDBAY MINERALS INC CA4436281022 2.03%
ROSS STORES INC US7782961038 1.99%
ALPHABET INC-CL A US02079K3059 1.98%
FRESENIUS MEDICAL CARE AG & DE0005785802 1.98%
PRETIUM RESOURCES INC CA74139C1023 1.94%
DEUTSCHE TELEKOM AG-REG DE0005557508 1.94%
AGILENT TECHNOLOGIES INC US00846U1016 1.85%
GIVAUDAN-REG CH0010645932 1.81%
SKANSKA AB-B SHS SE0000113250 1.80%
BETSSON AB SE0012454379 1.78%
KIRKLAND LAKE GOLD LTD CA49741E1007 1.77%
POSTNL NV NL0009739416 1.75%
FONAR CORP US3444374058 1.74%
NETCOMPANY GROUP AS DK0060952919 1.72%
BELIMO HOLDING AG-REG CH0001503199 1.71%
BE SEMICONDUCTOR INDUSTRIES NL0012866412 1.69%
INFICON HOLDING AG-REG CH0011029946 1.67%
SCHWEITER TECHNOLOGIES AG-BR CH0010754924 1.65%
APTINYX INC US03836N1037 1.65%
BEIERSDORF AG DE0005200000 1.62%
BORREGAARD ASA NO0010657505 1.60%
NESTLE SA-REG CH0038863350 1.55%
SUBSEA 7 SA LU0075646355 1.54%
A10 NETWORKS INC US0021211018 1.25%
PERFICIENT INC US71375U1016 1.12%
AMERICAN PUBLIC EDUCATION US02913V1035 1.10%
MIMECAST LTD GB00BYT5JK65 1.09%
ERICSSON LM-B SHS SE0000108656 1.07%
BURKHALTER HOLDING AG CH0212255803 1.02%
CYBEROPTICS CORP US2325171021 1.02%
HUTCHISON CHINA MEDITECH-ADR US44842L1035 0.970%
NOVO NORDISK A/S-B DK0060534915 0.890%
KNOW IT AB SE0000421273 0.830%
AMADEUS IT GROUP SA ES0109067019 0.730%
MOWI ASA NO0003054108 0.640%
TECK RESOURCES LTD-CLS B CA8787422044 0.530%
SIEMENS HEALTHINEERS AG DE000SHL1006 0.460%
DAIMLER AG-REGISTERED SHARES DE0007100000 0.450%
GILDAN ACTIVEWEAR INC CA3759161035 0.430%
SBANKEN ASA NO0010739402 0.420%
ELKEM ASA NO0010816093 0.410%
YAMANA GOLD INC CA98462Y1007 0.410%
MUENCHENER RUECKVER AG-REG DE0008430026 0.410%
VEIDEKKE ASA NO0005806802 0.400%
CANADIAN SOLAR INC CA1366351098 0.400%
NOLATO AB-B SHS SE0000109811 0.390%
LINDAB INTERNATIONAL AB SE0001852419 0.390%
DEUTSCHE TELEKOM AG-REG DE0005557508 0.370%
DELIVERY HERO AG DE000A2E4K43 0.360%
JOST WERKE AG DE000JST4000 0.350%
HUMANA INC US4448591028 0.350%
FORBO HOLDING AG-REG CH0003541510 0.340%
TECAN GROUP AG-REG CH0012100191 0.260%
CBIZ INC US1248051021 0.220%
BIODELIVERY SCIENCES INTL US09060J1060 0.180%
AP MOLLER-MAERSK A/S-B DK0010244508 0.140%
MITSUBISHI UFJ FINL-SPON ADR US6068221042 0.0900%
ING GROEP NV NL0011821202 0.0600%
BAUSCH HEALTH COS INC CA0717341071 0.0600%
NEWPARK RESOURCES INC US6517185046 0.0500%
NN GROUP NV NL0010773842 0.0500%
KONINKLIJKE AHOLD DELHAIZE N NL0011794037 0.0500%
CANADIAN PACIFIC RAILWAY LTD CA13645T1003 0.0500%
KOJAMO OYJ FI4000312251 0.0500%
OIL STATES INTERNATIONAL INC US6780261052 0.0400%
ALTICE NV - A NL0011333752 0.0400%
MERCADOLIBRE INC US58733R1023 0.0400%
HEXAGON AB-B SHS SE0000103699 0.0400%
GETINGE AB-B SHS SE0000202624 0.0400%
PROSUS NV NL0013654783 0.0400%
INVESTOR AB-B SHS SE0000107419 0.0300%
SIGNIFY NV NL0011821392 0.0300%
ROCHE HOLDING AG-BR CH0012032113 0.0300%
ROCHE HOLDING AG-GENUSSCHEIN CH0012032048 0.0300%
CONTURA ENERGY INC US21241B1008 0.0300%
ZALANDO SE DE000ZAL1111 0.0300%
BANCO BILBAO VIZCAYA ARGENTA ES0113211835 0.0300%
CALAMP CORP US1281261099 0.0300%
DXP ENTERPRISES INC US2333774071 0.0300%
F5 NETWORKS INC US3156161024 0.0300%
MOOG INC-CLASS A US6153942023 0.0300%
MACOM TECHNOLOGY SOLUTIONS H US55405Y1001 0.0300%
HENKEL AG & CO KGAA VORZUG DE0006048432 0.0200%
ARCUS BIOSCIENCES INC US03969F1093 0.0200%
STONERIDGE INC US86183P1021 0.0200%
LAREDO PETROLEUM INC US5168061068 0.0200%
BRISTOL-MYERS SQUIBB CO US1101221083 0.0200%
GLATFELTER US3773161043 0.0200%
RANDSTAD NV NL0000379121 0.0200%
REPSOL SA ES0173516115 0.0200%
IMMERSION CORPORATION US4525211078 0.0200%
EXTREME NETWORKS INC US30226D1063 0.0200%
SOFTWARE AG DE000A2GS401 0.0200%
CIRRUS LOGIC INC US1727551004 0.0200%
ORSTED A/S DK0060094928 0.0200%
SKF AB-B SHARES SE0000108227 0.0200%
ASSA ABLOY AB-B SE0007100581 0.0200%
SYMRISE AG DE000SYM9999 0.0200%
NIBE INDUSTRIER AB-B SHS SE0008321293 0.0200%
SWEDISH ORPHAN BIOVITRUM AB SE0000872095 0.0200%
BEAZER HOMES USA INC US07556Q8814 0.0200%
LOWE'S COS INC US5486611073 0.0200%
MERITAGE HOMES CORP US59001A1025 0.0200%
LEAF GROUP LTD US52177G1022 0.0200%
KOPPERS HOLDINGS INC US50060P1066 0.0200%
SALESFORCE.COM INC US79466L3024 0.0200%
CORVEL CORP US2210061097 0.0200%
SIKA AG-REG CH0418792922 0.0200%
JENOPTIK AG DE000A2NB601 0.0200%
M/I HOMES INC US55305B1017 0.0200%
HANNOVER RUECK SE DE0008402215 0.0200%
AMERICAN WOODMARK CORP US0305061097 0.0200%
WOLVERINE WORLD WIDE INC US9780971035 0.0100%
GREEN DOT CORP-CLASS A US39304D1028 0.0100%
DIGITAL TURBINE INC US25400W1027 0.0100%
CYTOKINETICS INC US23282W6057 0.0100%
CARL ZEISS MEDITEC AG - BR DE0005313704 0.0100%
BJ'S RESTAURANTS INC US09180C1062 0.0100%
ARROW ELECTRONICS INC US0427351004 0.0100%
STEELCASE INC-CL A US8581552036 0.0100%
NMI HOLDINGS INC-CLASS A US6292093050 0.0100%
RESTAURANT BRANDS INTERN CA76131D1033 0.0100%
AMNEAL PHARMACEUTICALS INC US03168L1052 0.0100%
FERRO CORP US3154051003 0.0100%
MRC GLOBAL INC US55345K1034 0.0100%
KIRBY CORP US4972661064 0.0100%
CORNERSTONE ONDEMAND INC US21925Y1038 0.0100%
AMETEK INC US0311001004 0.0100%
AECOM US00766T1007 0.0100%
ALCOA CORP US0138721065 0.0100%
SILICON LABORATORIES INC US8269191024 0.0100%
NATIONAL PRESTO INDS INC US6372151042 0.0100%
MODINE MANUFACTURING CO US6078281002 0.0100%
ODONATE THERAPEUTICS INC US6760791060 0.0100%
NEW RELIC INC US64829B1008 0.0100%
JELD-WEN HOLDING INC US47580P1030 0.0100%
ESCO TECHNOLOGIES INC US2963151046 0.0100%
MERITOR INC US59001K1007 0.0100%
VISTRA ENERGY CORP US92840M1027 0.0100%
LYDALL INC US5508191062 0.0100%
GOLAR LNG LTD BMG9456A1009 0.0100%
WORKIVA INC US98139A1051 0.0100%
CANNAE HOLDINGS INC US13765N1072 0.0100%
USANA HEALTH SCIENCES INC US90328M1071 0.0100%
ULTRA CLEAN HOLDINGS INC US90385V1070 0.0100%
KELLY SERVICES INC -A US4881522084 0.0100%
INVESTOR AB-A SHS SE0000107401 0.0100%
STOREBRAND ASA NO0003053605 0.0100%
PUBLIC SERVICE ENTERPRISE GP US7445731067 0.0100%
HILTON WORLDWIDE HOLDINGS IN US43300A2033 0.0100%
CASTELLUM AB SE0000379190 0.0100%
DENNY'S CORP US24869P1049 0.0100%
SPX CORP US7846351044 0.0100%
UNILEVER NV NL0000388619 0.0100%
AXCELIS TECHNOLOGIES INC US0545402085 0.0100%
WORTHINGTON INDUSTRIES US9818111026 0.0100%
ENCORE WIRE CORP US2925621052 0.0100%
ACERINOX SA ES0132105018 0.0100%
BANK OF MARIN BANCORP/CA US0634251021 0.0100%
ORION GROUP HOLDINGS INC US68628V3087 0.0100%
HUHTAMAKI OYJ FI0009000459 0.0100%
TEREX CORP US8807791038 0.0100%
WINGSTOP INC US9741551033 0.0100%
ALFA LAVAL AB SE0000695876 0.0100%
ELISA OYJ FI0009007884 0.0100%
FARO TECHNOLOGIES INC US3116421021 0.0100%
MCGRATH RENTCORP US5805891091 0.0100%
MAXLINEAR INC US57776J1007 0.0100%
BRIGHT HORIZONS FAMILY SOLUT US1091941005 0.0100%
HENKEL AG & CO KGAA DE0006048408 0.0100%
BONANZA CREEK ENERGY INC US0977934001 0.0100%
COCA-COLA CO/THE US1912161007 0.0100%
KADMON HOLDINGS INC US48283N1063 0.0100%
JAMES RIVER GROUP HOLDINGS L BMG5005R1079 0.0100%
FRESENIUS SE & CO KGAA DE0005785604 0.0100%
CASTLIGHT HEALTH INC-B US14862Q1004 0.0100%
TRELLEBORG AB-B SHS SE0000114837 0.0100%
OSI SYSTEMS INC US6710441055 0.0100%
ROSETTA STONE INC US7777801074 0.0100%
KAISER ALUMINUM CORP US4830077040 0.0100%
COMPUGROUP MEDICAL AG DE0005437305 0.0100%
VIRTUSA CORP US92827P1021 0.0100%
US CELLULAR CORP US9116841084 0.0100%
SCHINDLER HOLDING AG-REG CH0024638212 0.0100%
SIERRA BANCORP US82620P1021 0.0100%
QAD INC-A US74727D3061 0.0100%
MASIMO CORP US5747951003 0.0100%
PORTLAND GENERAL ELECTRIC CO US7365088472 0.0100%
PACIRA PHARMACEUTICALS INC US6951271005 0.0100%
ATARA BIOTHERAPEUTICS INC US0465131078 0.0100%
SWEDBANK AB - A SHARES SE0000242455 0.0100%
TELUS CORP CA87971M1032 0.0100%
DOUGLAS DYNAMICS INC US25960R1059 0.0100%
HOSTESS BRANDS INC US44109J1060 0.0100%
QUOTIENT TECHNOLOGY INC US7491191034 0.0100%
HEARTLAND EXPRESS INC US4223471040 0.0100%
MANCHESTER UNITED PLC-CL A KYG5784H1065 0.0100%
DSP GROUP INC US23332B1061 0.0100%
AXT INC US00246W1036 0.0100%
HERITAGE-CRYSTAL CLEAN INC US42726M1062 0.0100%
TRIMAS CORP US8962152091 0.0100%
FERROVIAL SA ES0118900010 0.0100%
COLGATE-PALMOLIVE CO US1941621039 0.0100%
AMEREN CORPORATION US0236081024 0.0100%
BROOKDALE SENIOR LIVING INC US1124631045 0.0100%
RETROPHIN INC US7612991064 0.0100%
NEOPHOTONICS CORP US64051T1007 0.0100%
DAKTRONICS INC US2342641097 0.0100%
CTS CORP US1265011056 0.0100%
SIGA TECHNOLOGIES INC US8269171067 0.0100%
INTERSECT ENT INC US46071F1030 0.0100%
KULICKE SOFFA INDUSTRIES US5012421013 0.0100%
SIMCORP A/S DK0060495240 0.0100%
AEGION CORP US00770F1049 0.0100%
MYRIAD GENETICS INC US62855J1043 0.0100%
RMR GROUP INC/THE - A US74967R1068 0.0100%
AXOGEN INC US05463X1063 0.0100%
WASHINGTON TRUST BANCORP US9406101082 0.0100%
ENOVA INTERNATIONAL INC US29357K1034 0.0100%
MONDELEZ INTERNATIONAL INC-A US6092071058 0.0100%
NAUTILUS INC US63910B1026 0.0100%
VANDA PHARMACEUTICALS INC US9216591084 0.0100%
AAK AB SE0011337708 0.0100%
ARAVIVE INC US03890D1081 0.0100%
INNERWORKINGS INC US45773Y1055 0.0100%
FORRESTER RESEARCH INC US3465631097 0.0100%
NATUS MEDICAL INC US6390501038 0.0100%
AMBAC FINANCIAL GROUP INC US0231398845 0.0100%
VAREX IMAGING CORP US92214X1063 0.0100%
INOGEN INC US45780L1044 0.0100%

Download fund components

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 (28 May 2020) $41.20
AUM $1,125,770,915
Base currency USD
Umbrella AUM (21 May 2020) $18,210,116,192

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.