Invesco Russell 1000 Low Volatility Factor ETF (OVOL)

Overview

The fund is designed to offer investors exposure to the Russell 1000 Volatility Factor Index, focusing on the 1,000 largest-capitalization companies in the United States. By aiming to replicate the investment results of the underlying index (before fees and expenses), the fund provides a strategic approach to investing by predominantly allocating its assets (at least 90%) to the securities comprising the index. As a non-diversified fund, it emphasizes a concentrated investment strategy that targets the volatility factor within the Russell 1000 segment, offering a unique position within the investment landscape.

Products and Services

• Investment Tracking: The primary service offered by the fund is investment tracking, where it seeks to closely follow the performance of the Russell 1000 Volatility Factor Index. This is achieved by investing at least 90% of its total assets in the securities that make up the underlying index, ensuring that investors have significant exposure to the volatility factor among the largest-capitalization companies in the U.S.

• Concentration on Large-Cap Companies: The fund focuses on investing in the largest-capitalization companies in the United States, as defined by the underlying index. This approach allows investors to gain exposure to the top-tier of the U.S. equity market, with the fund serving as a vehicle for accessing the potential growth and stability offered by these leading companies.