Invesco Fundamental High Yield Corporate Bond ETF

PHB is a US Bonds ETF. The Invesco Fundamental High Yield Corporate Bond ETF (Fund) is based on the RAFI Bonds US High Yield 1-10 Index (Index). The Fund will normally invest at least 80% of its total assets in high-yield corporate bonds that comprise the Index. The Index is comprised of US dollar-denominated bonds that are registered with the SEC or that are Rule 144A securities that provide for registration rights and whose issuers are public companies listed on a major US stock exchange. Only investible non-convertible, non-exchangeable, non-zero, fixed coupon high-yield corporate bonds qualify for inclusion in the Index. Based on the Fundamental Index methodology developed by Research Affiliates, LLC, the Index is compiled and calculated by ALM Research Solutions, LLC. The Fund and the Index are rebalanced monthly and reconstituted annually in March.

PHB tracks the RAFI Bonds US High Yield 1-10 Index.

No, PHB 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, PHB 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 PHB is -0.0013%. This is the percent change in the value of PHB over the most recent 1-month period. The 3-month return on PHB is 0.0003%. This is the percent change in the value of PHB over the most recent 3-month period.

The standard deviation of PHB for the past year is 0.082%. 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 PHB include IGSB, SPIB, and VCIT.

ETFs correlated to PHB include HYBB, HYDW, and HYG.

ETFs that are inversely correlated to PHB include SJB, SPXU, and SPXS.