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Invesco Defensive Equity ETF

DEF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 15 2006
Expense Ratio
0.55%
Type
Global Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$2,326,962
AUM
$268,103,578
Associated Index
Invesco Defensive Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

PNR
Pentair plc
1.31%
SYK
Stryker Corp.
1.16%
AOS
A.O. Smith Corp.
1.15%
CMCSA
Comcast Corp - Ordinary Shares - Class A
1.14%
GWW
W.W. Grainger Inc.
1.14%
C
Citigroup Inc
1.13%
BK
Bank Of New York Mellon Corp
1.12%
ITW
Illinois Tool Works, Inc.
1.11%
VZ
Verizon Communications Inc
1.11%
BAC
Bank Of America Corp.
1.11%
Invest with DEF

What is DEF?

The Invesco Defensive Equity ETF (Fund) is based on the Invesco Defensive Equity Index (Index). The Fund will invest at least 80% of its total assets in securities that comprise the Index. The Index is designed to provide exposure to securities of large-cap US issuers. The Index uses a rules-based approach to select companies that potentially have superior risk-return profiles during periods of stock market weakness while still offering the potential for gains during periods of market strength. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

ETFs related toDEF

ETFs correlated to DEF include LGLV, NOBL, FTCS

DEF
Invesco Capital Management LLC - Invesco Defensive Equity ETF
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF
FTCS
First Trust Exchange-Traded Fund III - First Trust Capital Strength ETF
PFM
Invesco Capital Management LLC - Invesco Dividend Achievers ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
TDVG
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Dividend Growth ETF
ONEV
SPDR Series Trust - SPDR Russell 1000 Low Volatility Focus ETF

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 toDEF

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#D

Phalanx Formation: Downturn Defense

Category

Getting Defensive

Risk Rating

Moderate

Create your own algorithmic trading strategy with DEF using Composer

FAQ

DEF is a Global Equities ETF. The Invesco Defensive Equity ETF (Fund) is based on the Invesco Defensive Equity Index (Index). The Fund will invest at least 80% of its total assets in securities that comprise the Index. The Index is designed to provide exposure to securities of large-cap US issuers. The Index uses a rules-based approach to select companies that potentially have superior risk-return profiles during periods of stock market weakness while still offering the potential for gains during periods of market strength. 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 DEF include Pentair plc, Stryker Corp., and A.O. Smith Corp..

DEF has 102 total holdings.

DEF tracks the Invesco Defensive Equity Index.

No, DEF 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, DEF 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 DEF is 0.0125%. This is the percent change in the value of DEF over the most recent 1-month period. The 3-month return on DEF is 0.064%. This is the percent change in the value of DEF over the most recent 3-month period.

The standard deviation of DEF for the past year is 0.189%. 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 DEF include FTLS, ICOW, and IJUL.

ETFs correlated to DEF include LGLV, NOBL, and FTCS.

ETFs that are inversely correlated to DEF include DXD, DOG, and SDOW.

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.