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EVMT

GradeBNASDAQ Global Market

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

Commodities · Invesco · Inception 2022-04-27

$17.93−0.13 (−0.71%)

As of Sep 23, 2026, 1:55 PM EDT

History starts Apr 27, 2022.
Intraday session: down, 14 prints from 18.06 to 17.93. Range 17.84 to 17.94. Use the arrow keys to read each point.$17.84$17.8810 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$7M
1Y return
+27.2%
Yield · Last 12 months
11.08%
Holdings
2
Volume · 30D
0M sh
NAV per share
$17.87
52W range
low $15.60high $20.50

The ETF.net EVMT Grade

B

55/ 100

Rank 6 of 15 in Commodity Futures⁠

Confidence Medium

Six-pillar profile for EVMT. Scores out of 100: Cost 75, Risk 54, Mission not scored, Tradability 20, Holdings not scored, Durability 54. Strongest: Cost (75). Weakest: Tradability (20). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 75
    Category rank4/15 · top 27%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank7/15 · top 47%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 20
    Category rank13/15 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank10/15 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on EVMT

ETF.net Research

BMost EV-metals funds buy the miners. EVMT buys the metals: an actively managed basket of futures on copper, nickel, aluminum, cobalt, iron ore and lithium, with 1099 tax reporting instead of a K-1.

Stated mandate

The Fund seeks to outperform the excess-return version of its Benchmark, identified as SPGEVMUP.

Why people hold it

  1. 01Owns the commodity, not the company. Futures on iron ore, copper, aluminum, nickel, cobalt and lithium mean no mine strikes, balance sheets or equity-market beta riding along.invesco.comsec.gov
  2. 02Actively managed and benchmark-aware: it aims to outperform the excess-return version of the S&P GSCI Electric Vehicle Metals Index rather than simply mirror it.invesco.com
  3. 03The "No K-1" in the name is the whole point: a 1940 Act fund, so futures-based metals exposure shows up on a standard 1099 at tax time.invesco.com
  4. 04The benchmark reweights twice a year (January and July) toward the metals used most in EV production, so the mix follows the recipe rather than a fixed list.invesco.com

Worth knowing

  1. 01Costs 0.74% a year, above the cohort median of 0.65% and well above miner funds like PICK (0.39%) and REMX (0.53%).
  2. 02A small fund that trades thinly, so spreads can run wider than the category's household names.
  3. 03Futures carry roll costs, and a handful of metals prices drive everything. No miner earnings or dividends soften a flat stretch in the metals themselves.invesco.com

EVMT Holdings

As of Sep 20, 2026, 1:54 PM
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
Invesco Premier US Government Money Portfolio78.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Invesco Premier US Government Money Portfolio78.20%5,567,706$6M16
002—POWERSHARES CAYMAN FUND21.67%287,092$2M1
003—USD Pending Dividends0.13%0$10K240

Showing 1–3 of 3 holdings

EVMT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EVMT$12,719
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EVMT $12,719. SPY $11,723. Use the arrow keys to read each point.$9,198$11,615$14,033Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EVMT. Periods over one year show the average yearly return.
PeriodEVMT
Year to date+6.5%
1 month+0.8%
3 months−0.9%
1 year+27.2%
3 years+5.1%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EVMT
YearReturn barEVMT
2026 YTD+6.5%
2025+30.4%
2024−10.5%
2023−27.7%
2022−18.3%

Since listing, Apr 27, 2022

EVMT in the news

ETF.net Research hasn’t filed on EVMT yet — coverage lands here as it’s written.

EVMT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
11.08%Last 12 months
Payout per share
$2.00Last 12 months
Last payment
$2.00 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 19, 2022 $0.21; Dec 18, 2023 $0.93; Dec 23, 2024 $0.53; Dec 22, 2025 $2.00. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$2.00
Dec 23, 2024Dec 27, 2024$0.53
Dec 18, 2023Dec 22, 2023$0.93
Dec 19, 2022Dec 23, 2022$0.21

EVMT Risk

How much the fund’s monthly returns vary, scaled to a year.
15.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.002
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−48.3%
52 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.69
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EVMT Cost

Expense ratio0.74%
  • The middle half of Commodity Futures funds
  • Median 0.79%

3 of the 13 Commodity Futures funds charge less.

EVMT costs $74.00 a year on $10,000. The median Commodity Futures fund costs $79.00.