Invesco Zacks Multi-Asset Income ETF (CVY)
Market Open
4 Jun, 19:21
ARCA ARCA Primary $
28. 99
+0.38
+1.3346%
$
117.93M Market Cap
1.27% Div Yield
1,610 Volume
$ 28.61
Previous Close Investors:
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
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
