Sector exposure

as of 24 Sep 2020 (%)

Country exposure

as of 24 Sep 2020 (%)

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Name ISIN Weight
NORDEX SE DE000A0D6554 3.98%
SANDVIK AB SE0000667891 3.79%
KOJAMO OYJ FI4000312251 3.29%
UPM-KYMMENE OYJ FI0009005987 3.10%
PRETIUM RESOURCES INC CA74139C1023 2.76%
MOBILEZONE HOLDING AG-BR CH0276837694 2.49%
TECAN GROUP AG-REG CH0012100191 2.31%
DEUTSCHE POST AG-REG DE0005552004 2.24%
BILFINGER SE DE0005909006 2.15%
VOPAK NL0009432491 2.15%
INVESTOR AB-B SHS SE0000107419 2.13%
SAP SE DE0007164600 2.06%
BELIMO HOLDING AG-REG CH0001503199 2.05%
ROCHE HOLDING AG-GENUSSCHEIN CH0012032048 2.03%
ALPHABET INC-CL A US02079K3059 1.90%
INDUSTRIA DE DISENO TEXTIL ES0148396007 1.90%
EXPEDITORS INTL WASH INC US3021301094 1.89%
ALEXION PHARMACEUTICALS INC US0153511094 1.88%
METSO OUTOTEC OYJ FI0009014575 1.75%
BASSETT FURNITURE INDS US0702031040 1.70%
NESTLE SA-REG CH0038863350 1.70%
PROSUS NV NL0013654783 1.69%
INFICON HOLDING AG-REG CH0011029946 1.68%
JOST WERKE AG DE000JST4000 1.68%
AIRGAIN INC US00938A1043 1.66%
ACCELL GROUP NL0009767532 1.66%
CAIXABANK SA ES0140609019 1.65%
COMPUGROUP MEDICAL AG DE000A288904 1.64%
DUSTIN GROUP AB SE0006625471 1.63%
DEUTSCHE BETEILIGUNGS AG DE000A1TNUT7 1.63%
ZEHNDER GROUP AG-BR CH0276534614 1.57%
CODEXIS INC US1920051067 1.56%
VAUDOISE ASSURANCES HOL-CL B CH0021545667 1.48%
ELKEM ASA NO0010816093 1.45%
ADECOAGRO SA LU0584671464 1.26%
RANDSTAD NV NL0000379121 1.25%
FANHUA INC-SPONSORED ADR US30712A1034 1.25%
TRELLEBORG AB-B SHS SE0000114837 1.19%
NMI HOLDINGS INC-CLASS A US6292093050 1.13%
PFEIFFER VACUUM TECHNOLOGY DE0006916604 1.12%
FRESENIUS SE & CO KGAA DE0005785604 1.09%
SECURITAS AB-B SHS SE0000163594 1.08%
NET ENTERTAINMENT NE AB-B SH SE0014186656 1.00%
AMADEUS IT GROUP SA ES0109067019 0.960%
VAT GROUP AG CH0311864901 0.870%
VOLVO AB-B SHS SE0000115446 0.820%
SKANSKA AB-B SHS SE0000113250 0.800%
WILH. WILHELMSEN ASA NO0010571680 0.780%
MOWI ASA NO0003054108 0.580%
STORA ENSO OYJ-R SHS FI0009005961 0.570%
SOLVAY SA BE0003470755 0.550%
CORTICEIRA AMORIM SA PTCOR0AE0006 0.550%
ZURICH INSURANCE GROUP AG CH0011075394 0.510%
BECHTLE AG DE0005158703 0.480%
NOVARTIS AG-REG CH0012005267 0.440%
POSTNL NV NL0009739416 0.410%
MERCK KGAA DE0006599905 0.400%
LINDAB INTERNATIONAL AB SE0001852419 0.380%
BILLERUDKORSNAS AB SE0000862997 0.370%
BAYERISCHE MOTOREN WERKE AG DE0005190003 0.370%
MATAS A/S DK0060497295 0.370%
LIECHTENSTEIN LANDESBANK LI0355147575 0.370%
SKANDINAVISKA ENSKILDA BAN-A SE0000148884 0.370%
MYCRONIC AB SE0000375115 0.370%
CLOETTA AB-B SHS SE0002626861 0.360%
BURKHALTER HOLDING AG CH0212255803 0.360%
SEMAPA-SOCIEDADE DE INVESTIM PTSEM0AM0004 0.360%
ECKERT ZIEGLER STRAHLEN UN DE0005659700 0.320%
BOLIDEN AB SE0012455673 0.300%
FASTIGHETS AB BALDER-B SHRS SE0000455057 0.280%
PLAYA HOTELS RESORTS NV NL0012170237 0.280%
AP MOLLER-MAERSK A/S-B DK0010244508 0.270%
STOREBRAND ASA NO0003053605 0.260%
TIKKURILA OYJ FI4000008719 0.260%
SGS SA-REG CH0002497458 0.240%
ROCHE HOLDING AG-BR CH0012032113 0.230%
GIVAUDAN-REG CH0010645932 0.200%
ORSTED A/S DK0060094928 0.190%
MAYR-MELNHOF KARTON AG AT0000938204 0.180%
INDUSTRIVARDEN AB-C SHS SE0000107203 0.170%
HANNOVER RUECK SE DE0008402215 0.150%
BIODELIVERY SCIENCES INTL US09060J1060 0.140%
SKF AB-B SHARES SE0000108227 0.100%
ELISA OYJ FI0009007884 0.100%
BANQUE NATIONALE DE BELGIQUE BE0003008019 0.100%
ASSA ABLOY AB-B SE0007100581 0.0900%
SIKA AG-REG CH0418792922 0.0900%
SWEDBANK AB - A SHARES SE0000242455 0.0900%
ROCKWOOL INTL A/S-B SHS DK0010219153 0.0800%
SWEDISH ORPHAN BIOVITRUM AB SE0000872095 0.0800%
SVENSKA HANDELSBANKEN-A SHS SE0007100599 0.0800%
SIMCORP A/S DK0060495240 0.0700%
DIGITAL TURBINE INC US25400W1027 0.0700%
ASML HOLDING NV NL0010273215 0.0700%
ZALANDO SE DE000ZAL1111 0.0600%
AP MOELLER-MAERSK A/S-A DK0010244425 0.0600%
HOCHTIEF AG DE0006070006 0.0600%
SKANDINAVISKA ENSKILDA BAN-C SE0000120784 0.0600%
VALMET OYJ FI4000074984 0.0600%
CONTURA ENERGY INC US21241B1008 0.0600%
BANCO BILBAO VIZCAYA ARGENTA ES0113211835 0.0600%
BAYER AG-REG DE000BAY0017 0.0600%
KONINKLIJKE AHOLD DELHAIZE N NL0011794037 0.0500%
SIGNIFY NV NL0011821392 0.0500%
BAUSCH HEALTH COS INC CA0717341071 0.0500%
MERCADOLIBRE INC US58733R1023 0.0500%
TOMRA SYSTEMS ASA NO0005668905 0.0500%
NOKIA OYJ FI0009000681 0.0500%
SWECO AB-B SHS SE0000489098 0.0500%
HEXPOL AB SE0007074281 0.0400%
Aker BP ASA NO0010345853 0.0400%
EVOTEC AG DE0005664809 0.0300%
TRAVELCENTERS OF AMERICA LLC US89421B1098 0.0300%
VISCOFAN SA ES0184262212 0.0300%
LEAF GROUP LTD US52177G1022 0.0300%
OIL STATES INTERNATIONAL INC US6780261052 0.0300%
DSV PANALPINA A S DK0060079531 0.0300%
CA IMMOBILIEN ANLAGEN AG AT0000641352 0.0300%
GRIFOLS SA ES0171996087 0.0300%
CALAMP CORP US1281261099 0.0300%
SUBSEA 7 SA LU0075646355 0.0300%
MACOM TECHNOLOGY SOLUTIONS H US55405Y1001 0.0300%
SCHINDLER HOLDING-PART CERT CH0024638196 0.0300%
NAUTILUS INC US63910B1026 0.0200%
KONE OYJ-B FI0009013403 0.0200%
MERITAGE HOMES CORP US59001A1025 0.0200%
EPIROC AB-A SE0011166933 0.0200%
F5 NETWORKS INC US3156161024 0.0200%
SALESFORCE.COM INC US79466L3024 0.0200%
EXTREME NETWORKS INC US30226D1063 0.0200%
IMCD NV NL0010801007 0.0200%
BEAZER HOMES USA INC US07556Q8814 0.0200%
GETINGE AB-B SHS SE0000202624 0.0200%
IMMERSION CORPORATION US4525211078 0.0200%
AAK AB SE0011337708 0.0200%
BANQUE CANTONALE VAUDOIS-REG CH0531751755 0.0200%
CORVEL CORP US2210061097 0.0200%
STONERIDGE INC US86183P1021 0.0200%
KOPPERS HOLDINGS INC US50060P1066 0.0200%
DEUTSCHE TELEKOM AG-REG DE0005557508 0.0200%
M/I HOMES INC US55305B1017 0.0200%
GREEN DOT CORP-CLASS A US39304D1028 0.0200%
AMERICAN WOODMARK CORP US0305061097 0.0200%
NORSK HYDRO ASA NO0005052605 0.0200%
INVESTOR AB-A SHS SE0000107401 0.0200%
BJ'S RESTAURANTS INC US09180C1062 0.0200%
CIRRUS LOGIC INC US1727551004 0.0200%
JELD-WEN HOLDING INC US47580P1030 0.0200%
LYDALL INC US5508191062 0.0200%
ARCUS BIOSCIENCES INC US03969F1093 0.0200%
ALCOA CORP US0138721065 0.0200%
WORKIVA INC US98139A1051 0.0100%
ARROW ELECTRONICS INC US0427351004 0.0100%
CYTOKINETICS INC US23282W6057 0.0100%
CASTLIGHT HEALTH INC-B US14862Q1004 0.0100%
BALOISE HOLDING AG - REG CH0012410517 0.0100%
INTERSECT ENT INC US46071F1030 0.0100%
MAXLINEAR INC US57776J1007 0.0100%
SILICON LABORATORIES INC US8269191024 0.0100%
PACIRA PHARMACEUTICALS INC US6951271005 0.0100%
MODINE MANUFACTURING CO US6078281002 0.0100%
BRIGHT HORIZONS FAMILY SOLUT US1091941005 0.0100%
SCHINDLER HOLDING AG-REG CH0024638212 0.0100%
VERBUND AG AT0000746409 0.0100%
KELLY SERVICES INC -A US4881522084 0.0100%
TEREX CORP US8807791038 0.0100%
BONANZA CREEK ENERGY INC US0977934001 0.0100%
ULTRA CLEAN HOLDINGS INC US90385V1070 0.0100%
ATARA BIOTHERAPEUTICS INC US0465131078 0.0100%
HILTON WORLDWIDE HOLDINGS IN US43300A2033 0.0100%
FRESENIUS MEDICAL CARE AG & DE0005785802 0.0100%
SPX CORP US7846351044 0.0100%
NATIONAL PRESTO INDS INC US6372151042 0.0100%
FERRO CORP US3154051003 0.0100%
ORION GROUP HOLDINGS INC US68628V3087 0.0100%
AXOGEN INC US05463X1063 0.0100%
CANNAE HOLDINGS INC US13765N1072 0.0100%
ARGENX SE NL0010832176 0.0100%
MERITOR INC US59001K1007 0.0100%
PSP SWISS PROPERTY AG-REG CH0018294154 0.0100%
SIGA TECHNOLOGIES INC US8269171067 0.0100%
CORNERSTONE ONDEMAND INC US21925Y1038 0.0100%
RETROPHIN INC US7612991064 0.0100%
OSI SYSTEMS INC US6710441055 0.0100%
HOSTESS BRANDS INC US44109J1060 0.0100%
FARO TECHNOLOGIES INC US3116421021 0.0100%
USANA HEALTH SCIENCES INC US90328M1071 0.0100%
SONOVA HOLDING AG-REG CH0012549785 0.0100%
KINNEVIK AB - B SE0014684528 0.0100%
MASIMO CORP US5747951003 0.0100%
QUOTIENT TECHNOLOGY INC US7491191034 0.0100%
DENNY'S CORP US24869P1049 0.0100%
BANCO DE SABADELL SA ES0113860A34 0.0100%
NEW RELIC INC US64829B1008 0.0100%
ENOVA INTERNATIONAL INC US29357K1034 0.0100%
MRC GLOBAL INC US55345K1034 0.0100%
AMNEAL PHARMACEUTICALS INC US03168L1052 0.0100%
BE SEMICONDUCTOR INDUSTRIES NL0012866412 0.0100%
CHR HANSEN HOLDING A/S DK0060227585 0.0100%
US CELLULAR CORP US9116841084 0.0100%
HUSQVARNA AB-B SHS SE0001662230 0.0100%
AXFOOD AB SE0006993770 0.0100%
1u1 DRILLISCH AG DE0005545503 0.0100%
AXCELIS TECHNOLOGIES INC US0545402085 0.0100%
FORRESTER RESEARCH INC US3465631097 0.0100%
KADMON HOLDINGS INC US48283N1063 0.0100%
AXT INC US00246W1036 0.0100%
JUNGHEINRICH - PRFD DE0006219934 0.0100%
MANCHESTER UNITED PLC-CL A KYG5784H1065 0.0100%
DAKTRONICS INC US2342641097 0.0100%
RAIFFEISEN BANK INTERNATIONA AT0000606306 0.0100%
SONAE PTSON0AM0001 0.0100%
KIRBY CORP US4972661064 0.0100%
AEGION CORP US00770F1049 0.0100%
MYRIAD GENETICS INC US62855J1043 0.0100%
VANDA PHARMACEUTICALS INC US9216591084 0.0100%
HERITAGE-CRYSTAL CLEAN INC US42726M1062 0.0100%
AMBAC FINANCIAL GROUP INC US0231398845 0.0100%
BROOKDALE SENIOR LIVING INC US1124631045 0.0100%
INOGEN INC US45780L1044 0.0100%
ODONATE THERAPEUTICS INC US6760791060 0.00%
VAREX IMAGING CORP US92214X1063 0.00%
ARAVIVE INC US03890D1081 0.00%
AECOM US00766T1007 0.00%

Download fund components

Average SWAP Mark to Market

Key information

Bloomberg ticker MXUD LN
ISIN IE00BK5LYT47
Benchmark BBG ticker NDDUUS
Management fee 0.05%
NAV (25 Sep 2020) $45.11
AUM $1,417,060,655
Base currency USD
Umbrella AUM (25 Sep 2020) $21,505,146,138

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.