Skip to Content
ETFs

Invesco Exchange-Traded Fund Trust II Invesco 1-30 Laddered Treasury ETF

PLW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 11 2007
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Invesco
Volume (1m avg. daily)
$1,853,371
AUM
$648,850,866
Associated Index
Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
United States Treasury Note/Bond
6.83%
US912810FT0
United States 4.5 % Treasury Bonds 2006-15.2.36
6.69%
n/a
United States Treasury Note/Bond
3.57%
n/a
United States Treasury Note/Bond
3.49%
US25FE
United States Of America - 7.625% BD REDEEM 15/02/2025 USD 1000
3.47%
n/a
United States Treasury Note/Bond
3.45%
US27FE
United States Of America - 6.625% BD REDEEM 15/02/2027 USD 1000
3.45%
US26FE
United States Of America - 6% BD REDEEM 15/02/2026 USD 1000
3.45%
US29FE
United States Of America - 5.25% BD REDEEM 15/02/2029 USD 1000
3.44%
n/a
United States Treasury Note/Bond
3.42%
Invest with PLW

What is PLW?

The Invesco 1-30 Laddered Treasury ETF (Fund) is based on the Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index (Index). The Fund will normally invest at least 80% of its total assets in securities that comprise the Index. The Index measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual sequential ("laddered") structure. The Fund does not participate in Treasury Bills, Treasury Inflation Protected Securities (TIPS), or zero-coupon securities (STRIPS). The Fund and the Index are rebalanced and reconstituted annually in February.

ETFs related toPLW

ETFs correlated to PLW include TLH, SCHQ, SPTL

PLW
Invesco Capital Management LLC - Invesco 1-30 Laddered Treasury ETF
TLH
BlackRock Institutional Trust Company N.A. - iShares 10-20 Year Treasury Bond ETF
SCHQ
Schwab Strategic Trust - Schwab US Long-Term U.S. Treasury ETF
SPTL
SSgA Active Trust - SPDR Portfolio Long Term Treasury ETF
VGLT
Vanguard Group, Inc. - Vanguard Long-Term Treasury ETF
UBT
ProShares Trust - ProShares Ultra 20+ Year Treasury 2x Shares
TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
TMF
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bull 3X Shares
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
IBTO
iShares Trust - iShares iBonds Dec 2033 Term Treasury ETF
GOVT
BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond 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 toPLW

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PLW using Composer

FAQ

PLW is a US Bonds ETF. The Invesco 1-30 Laddered Treasury ETF (Fund) is based on the Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index (Index). The Fund will normally invest at least 80% of its total assets in securities that comprise the Index. The Index measures the potential returns of the U.S. Treasury yield curve based on approximately 30 equally weighted U.S. Treasury issues with fixed coupons, scheduled to mature in a proportional, annual sequential ("laddered") structure. The Fund does not participate in Treasury Bills, Treasury Inflation Protected Securities (TIPS), or zero-coupon securities (STRIPS). The Fund and the Index are rebalanced and reconstituted annually in February.

PLW tracks the Ryan/NASDAQ U.S. 1-30 Year Treasury Laddered Index.

No, PLW 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, PLW 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 PLW is -0.0224%. This is the percent change in the value of PLW over the most recent 1-month period. The 3-month return on PLW is -0.0281%. This is the percent change in the value of PLW over the most recent 3-month period.

The standard deviation of PLW for the past year is 0.121%. 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 PLW include IEF, BIL, and SHV.

ETFs correlated to PLW include TLH, SCHQ, and SPTL.

ETFs that are inversely correlated to PLW include TTT, TMV, and TBT.

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.