Invesco Zacks Multi-Asset Income ETF logo

Invesco Zacks Multi-Asset Income ETF (CVY)

Market Closed
20 Jul, 20:00
ARCA ARCA
$
29. 70
-0.14
-0.4692%
$
122.12M Market Cap
1.27% Div Yield
5,453 Volume
$ 29.84
Previous Close
Add Transaction
Day Range
29.7 29.98
Year Range
25.63 30.08
Want to track CVY and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
CVY: A Multi-Asset ETF With Significant Opportunity Cost

CVY: A Multi-Asset ETF With Significant Opportunity Cost

The Invesco Zacks Multi-Asset Income ETF is rated a sell due to significant long-term underperformance, exposing investors to high volatility and opportunity costs. CVY has a high expense ratio of over 1%, which detracts from returns, and while it offers a dividend yield of over 4%, the sustainability of these dividends is questionable. The fund has historically failed to provide downside protection during market downturns, demonstrating greater declines than the S&P 500, making it a less attractive option for investors seeking stability.

Seekingalpha | 1 year ago