Invesco S&P MidCap Quality ETF (XMHQ)
About Invesco S&P MidCap Quality ETF (XMHQ)
The Fund generally will invest at least 90 dollar of its total assets in securities that comprise the Underlying Index. The Index Provider assesses the security quality based on the following three fundamental measures: return on equity, accruals ratio and financial leverage ratio. Return on equity is calculated as the companys trailing 12-month earnings per share divided by the companys latest book value per share. Accruals ratio is computed using the change of the companys net operating assets over the last year divided by the companys average total assets over the last two years. Financial leverage is calculated as the companys latest total debt divided by the companys book value. The Index Provider assesses the quality of securities of companies in the financial or real estate sectors (according to the Global Industry Classification Standard (GICS)) based only on the return on equity and financial leverage ratio measures.
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Invesco S&P MidCap Quality ETF News
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Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.