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Launched

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

EVMTNasdaqB

$17.10−0.12 (−0.70%)

At close: Oct 13, 2026, 4:00 PM

B56/ 100

Rank 6 of 15 in Commodity Futures

B56/100Rank 6 of 15inCommodity Futures
Intraday session: down, 19 prints from 17.22 to 17.10. Range 17.05 to 17.79. Use the arrow keys to read each point.17.4017.6017.8010 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$4M
1Y total return
+16.0%
Yield · Last 12 months
11.62%
Holdings
3
Avg volume · 30D
0M sh
NAV per share
$17.16
52W range
low $16.12high $20.50
Launched

The ETF.net EVMT Grade

Based on 4 of 6 pillars

B

Score 56 out of 100

Category
Commodity Futures⁠
Rank
6 of 15
Six-pillar profile for EVMT. Scores out of 100: Cost 75, Risk 52, Mission not scored, Tradability 26, Holdings not scored, Durability 52. Strongest: Cost (75). Weakest: Tradability (26). Based on 4 of 6 pillars.

Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A75 out of 100
    Rank 4 of 15

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 8 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D26 out of 100
    Rank 12 of 15

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 10 of 15

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 Oct 12, 2026
Asset class
Other
Holdings
3
Top-10 weight
100%
Largest holding
Invesco Premier US Government Money Portfolio81.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Invesco Premier US Government Money Portfolio81.65%3,504,327$4M16
002—Powershares Cayman Fund18.26%179,014$784K1
003—USD Pending Dividends0.09%0$4K241

Showing 1–3 of 3 holdings

EVMT Performance

Launched Apr 27, 2022

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

Not enough history yet.Not enough history yet.
EVMT$11,598
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. EVMT $11,598. SPY $12,044. Use the arrow keys to read each point.$9,493$11,470$13,447Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+1.6%
1 month−3.0%
3 months−2.2%
1 year+16.0%
3 yearsper year+3.9%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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+1.6%
2025+30.4%
2024−10.5%
2023−27.7%
2022−18.3%

Since listing, Apr 27, 2022

EVMT in the news

Filtered to EVMT · Commodity Futures

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 Oct 12, 2026.
11.62%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.
15.7%
Annualised · 36 months to Sep 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.
0.04
vs 3-month T-bills · to Sep 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%
53 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 14 Commodity Futures funds charge less.

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

Other funds in Commodity Futures

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