PowerShares is part of Invesco: Should you invest in these exchange-traded funds?

Introduction

The previously offered PowerShares exchange-traded funds (ETFs) from Invesco track several unique equity indices. The name of Invesco’s exchange-traded funds was changed from PowerShares to Invesco in 2018. As of the fourth quarter of 2021, Invesco had $1.6 trillion in assets under management (AUM), according to the latest data reports published in early 2022.

What are Invesco ETFs?

The former PowerShares ETFs were developed by a company of the same name founded in 2002. They have been part of Invesco since 2006. These funds include a wide range of funds across various categories, including U.S. equities, international equities, sector equities, protected equities, and commodities.

Top 25 Invesco ETFs

There are over 200 funds in Invesco’s complete fund list. Some former PowerShares ETFs remain part of this list, investing in various types of assets and securities. For a good introduction to the lineup of Invesco ETFs, you can review the list of the largest funds in the group, based on total market capitalization.

Below are the top 25 Invesco ETFs, including former PowerShares funds, ranked by market capitalization as of March 2022, rounded to the nearest million. The list also provides the ticker for each ETF, the total expense ratio, and the underlying index it tracks.

1. Invesco QQQ (QQQ): Market Value $179.00 billion, Expense Ratio 0.20%, based on the NASDAQ 100 Index.

2. Invesco S&P 500 Equal Weight ETF (RSP): Market Value $31.95 billion, Expense Ratio 0.20%, based on the S&P 500 Equal Weight Index.

3. Invesco S&P 500 Low Volatility ETF (SPLV): Market Value $8.94 billion, Expense Ratio 0.25%, based on the S&P 500 Low Volatility Index.

4. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC): Market Value $7.07 billion, Expense Ratio 0.59%, tracks the performance of derivative contracts linked to commodities and other globally traded commodities.

5. Invesco Preferred ETF (PGX): Market Value $6.80 billion, Expense Ratio 0.51%, based on the ICE BofAML Core Plus Fixed Rate Preferred Securities Index.

6. Invesco FTSE RAFI US 1000 ETF (PRF): Market Value $5.73 billion, Expense Ratio 0.40%, based on the FTSE RAFI US 1000 Index.

7. Invesco Senior Loan ETF (BKLN): Market Value $5.45 billion, Expense Ratio 0.66%, based on the S&P/LSTA U.S. Leveraged Loan 100 Index.

8. Invesco S&P 500 Quality ETF (SPHQ): Market Value $3.82 billion, Expense Ratio 0.19%, based on the S&P 500 Quality Index.

9. Invesco S&P 500® Pure Value ETF (RPV): Market Value $3.79 billion, Expense Ratio 0.35%, based on high-value stocks in the S&P 500 Index.

10. Invesco NASDAQ 100 ETF (QQQM): Market Value $3.72 billion, Expense Ratio 0.15%, tracks 100 of the largest non-financial companies listed on Nasdaq.

11. Invesco DB Commodity Index Tracking Fund (DBC): Market Value $3.67 billion, Expense Ratio 0.87%, tracks changes in the level of the DBIQ Optimum Yield Diversified Commodity Index plus income from U.S. Treasury securities and money market income minus fund expenses.

12.

Invesco KBW Bank ETF (KBWB): Market Value $3.49 billion, Expense Ratio 0.35%, based on the KBW Nasdaq Bank Index.

13. Invesco S&P 500 High Dividend Low Volatility ETF (SPHD): Market Value $3.13 billion, Expense Ratio 0.30%, based on the S&P 500 Low Volatility High Dividend Index.

14. Invesco S&P 500 Pure Growth ETF (RPG): Market Value $2.60 billion, Expense Ratio 0.35%, based on the S&P 500 Pure Growth Index.

15. Invesco Ultra Short Duration ETF (GSY): Market Value $2.62 billion, Expense Ratio 0.22%, actively managed to provide returns that exceed cash equivalents.

16. S&P 500 Equal Weight Technology ETF (RYT): Market Value $2.41 billion, Expense Ratio 0.40%, based on the S&P 500 Equal Weight Information Technology Index.

17. Invesco PureBeta MSCI USA ETF (PBUS): Market Value $2.41 billion, Expense Ratio 0.04%, based on the MSCI USA Index.

18. Invesco National AMT-Free Municipal Bond ETF (PZA): Market Value $2.39 billion, Expense Ratio 0.28%, based on the ICE BofAML National Long-Term Core Plus Municipal Securities Index.

19. Invesco S&P 500 Top 50 ETF (XLG): Market Value $2.34 billion, Expense Ratio 0.20%, follows the 50 largest securities by market capitalization in U.S. securities based on the Russell 3000 Index.

20. Invesco BulletShares 2023 Corporate Bond ETF (BSCN): Market Value $2.28 billion, Expense Ratio 0.10%, follows an index of U.S. corporate bonds maturing in 2023.

21. Invesco Taxable Municipal Bond ETF (BAB): Market Value $2.28 billion, Expense Ratio 0.28%, seeks to track the BofA Merrill Lynch Build America Bond Index.

22. Invesco BulletShares
Source: https://www.thebalancemoney.com/full-list-of-powershares-etfs-1214790

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