Invesco S&P 500 Pure Growth ETF

About

The Invesco S&P 500 Pure Growth ETF (Fund) seeks to track the performance of the S&P 500 Pure Growth Index. To achieve this, the Fund invests a minimum of 90% of its total assets in the underlying securities of that Index. The Index itself is designed to identify and measure the performance of S&P 500 companies that exhibit robust growth characteristics. The selection process begins by assigning each S&P 500 constituent two distinct "style scores" – one for value and another for growth – based on specific company traits. The "value score" is calculated using book-to-price ratio, earnings-to-price ratio, and sales-to-price ratio. In contrast, the "growth score" incorporates three different metrics: three-year sales per share growth, the three-year change in earnings per share relative to price per share, and 12-month price momentum. A ratio comparing the growth score to the value score then classifies each stock as either deep value, blend, or deep growth. Exclusively, only those companies designated as "deep growth" are chosen for inclusion in the Index. These selected securities are then factor-weighted, ensuring that those demonstrating the most significant growth attributes receive a proportionately higher allocation. Both the Fund and the Index undergo an annual rebalancing.

Key Facts

52-Week Range

Performance

Top Holdings