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Invesco Actively Managed Exchange-Traded Commodity Fund Trust Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

EVMT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 27 2022
Expense Ratio
0.59%
Type
Global Commodities & Metals
Fund Owner
Invesco
Volume (1m avg. daily)
$176,977
AUM
$20,091,577
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

B 0 04/20/23
United States Treasury Bill
6.15%
n/a
Cash/Receivables/Payables
5.10%
B 0 06/15/23
United States Treasury Bill
0.94%
n/a
Cash/Receivables/Payables
0.00%
Invest with EVMT

What is EVMT?

The Electric Vehicle Metals Commodity Strategy No K-1 ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in commodity-linked futures and other financial instruments that provide exposure to a diverse group of metals commonly used to produce electric vehicles (EV). The Fund seeks to provide long-term capital appreciation using an investment strategy designed to exceed the performance of the S&P GSCI Electric Vehicle Metals Index, which tracks commodities used in manufacturing of electric vehicles. The Fund specifically focuses on the upstream components (raw materials and supplies) of the EV global manufacturing process which include cobalt, aluminum, nickel, iron ore and copper.

ETFs related toEVMT

ETFs correlated to EVMT include DBB, CPER, COPX

EVMT
Invesco Capital Management LLC - Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
DBB
Invesco DB Multi-Sector Commodity Trust - Invesco DB Base Metals Fund
CPER
United States Commodity Funds LLC - United States Copper Index Fund
COPX
Global X Funds - Global X Copper Miners ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
GCC
WisdomTree Commodity Services LLC - WisdomTree EnhancedContinuous Commodity Index Fund
EPU
BlackRock Institutional Trust Company N.A. - iShares MSCI Peru ETF
USCI
United States Commodity Funds LLC - United States Commodity Index Fund
CMDY
BlackRock Institutional Trust Company N.A. - iShares Bloomberg Roll Select Commodity Strategy ETF
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy 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 toEVMT

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EVMT using Composer

FAQ

EVMT is a Global Commodities & Metals ETF. The Electric Vehicle Metals Commodity Strategy No K-1 ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in commodity-linked futures and other financial instruments that provide exposure to a diverse group of metals commonly used to produce electric vehicles (EV). The Fund seeks to provide long-term capital appreciation using an investment strategy designed to exceed the performance of the S&P GSCI Electric Vehicle Metals Index, which tracks commodities used in manufacturing of electric vehicles. The Fund specifically focuses on the upstream components (raw materials and supplies) of the EV global manufacturing process which include cobalt, aluminum, nickel, iron ore and copper.

Yes, EVMT is actively 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.

No, EVMT is not passively managed. It is actively 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 EVMT is -0.0873%. This is the percent change in the value of EVMT over the most recent 1-month period. The 3-month return on EVMT is -0.0419%. This is the percent change in the value of EVMT over the most recent 3-month period.

ETFs similar to EVMT include GLD, SLV, and OUNZ.

ETFs correlated to EVMT include DBB, CPER, and COPX.

ETFs that are inversely correlated to EVMT include EUM, UUP, and USDU.

Disclaimers

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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.