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Invesco Zacks Multi-Asset Income ETF

CVY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 21 2006
Expense Ratio
1.00%
Type
Global Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$132,411
AUM
$106,079,495
Associated Index
Zacks Multi-Asset Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

M
Macy`s Inc
1.27%
WSM
Williams-Sonoma, Inc.
1.22%
MPC
Marathon Petroleum Corp
1.19%
GS
Goldman Sachs Group, Inc.
1.17%
GLPI
Gaming and Leisure Properties Inc
1.17%
VICI
VICI Properties Inc
1.15%
JPM/PR/K
JPMorgan Chase & Co. - 4.55% PRF PERPETUAL USD 25 - Ser JJ 1/400 int
1.15%
T/PR/C
AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C
1.14%
WFC/PR/Z
Wells Fargo & Co. - 4.75% PRF PERPETUAL USD 25 - Dp 1/1000 Sr Z Cl A
1.10%
SWKS
Skyworks Solutions, Inc.
1.10%
Invest with CVY

What is CVY?

The Invesco Zacks Multi-Asset Income ETF (Fund) is based on the Zacks Multi-Asset Income Index (Index). The Fund will invest at least 90% of its total assets in securities and depositary receipts that comprise the Index. The Index is comprised of domestic and international companies, including US listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds and traditional preferred stocks. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

ETFs related toCVY

ETFs correlated to CVY include GVLU, VFVA, AVGE

CVY
Invesco Capital Management LLC - Invesco Zacks Multi-Asset Income ETF
GVLU
Tidal ETF Trust - Gotham 1000 Value ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF
DON
WisdomTree Trust - WisdomTree U.S. MidCap Dividend Fund
VFMF
Vanguard Group, Inc. - Vanguard U.S. Multifactor ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
ISCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Small-Cap Value ETF
WTV
WisdomTree Trust - WisdomTree U.S. Value Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCVY

#BUTTERFLY

Golden Butterfly

Category

Getting Defensive

Risk Rating

Moderate

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with CVY using Composer

FAQ

CVY is a Global Equities ETF. The Invesco Zacks Multi-Asset Income ETF (Fund) is based on the Zacks Multi-Asset Income Index (Index). The Fund will invest at least 90% of its total assets in securities and depositary receipts that comprise the Index. The Index is comprised of domestic and international companies, including US listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds and traditional preferred stocks. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

The top holdings for CVY include Macy`s Inc, Williams-Sonoma, Inc., and Marathon Petroleum Corp.

CVY has 150 total holdings.

CVY tracks the Zacks Multi-Asset Income Index.

CVY dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, CVY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CVY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CVY is 0.0672%. This is the percent change in the value of CVY over the most recent 1-month period. The 3-month return on CVY is 0.0978%. This is the percent change in the value of CVY over the most recent 3-month period.

The standard deviation of CVY for the past year is 0.2148%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CVY include PID, DGS, and IDV.

ETFs correlated to CVY include GVLU, VFVA, and AVGE.

ETFs that are inversely correlated to CVY include RWM, TZA, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.