Invesco Zacks Multi-Asset Income ETF logo

Invesco Zacks Multi-Asset Income ETF (CVY)

Market Closed
14 Sep, 20:00
ARCA ARCA
$
30. 29
-0.14
-0.4637%
$
122.61M Market Cap
1.27% Div Yield
9,630 Volume
$ 30.43
Previous Close
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Day Range
30.24 30.37
Year Range
25.81 30.86
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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