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Launched · SEC filings

Invesco MSCI USA ETF

PBUSCboeInvescoA

$75.30−0.40 (−0.53%)

At close: Nov 2, 2026, 4:00 PM ET

A85/ 100

Rank 3 of 42 in Other Major Indexes

A85/100Rank 3 of 42inOther Major Indexes
Intraday session: down, 78 prints from 75.70 to 75.30. Range 75.30 to 76.47. Use the arrow keys to read each point.75.5076.0076.2576.5010 AM12 PM2 PM4 PM
Expense ratio
0.04%
Fund size
$10.5B
1Y total return
+11.5%
Yield · Last 12 months
1.02%
Holdings
517
Avg volume · 30D
433K sh
52W range
low $63.03high $78.40
Launched
Filings
SEC EDGAR

The ETF.net PBUS Grade

A

Score 85 out of 100

Category
Other Major Indexes⁠
Rank
3 of 42
Six-pillar profile for PBUS. Scores out of 100: Cost 98, Risk 63, Mission 100, Tradability 86, Holdings 50, Durability 74. Strongest: Mission (100). Weakest: Holdings (50). Leans toward Mission and Cost.

Score 85 of 100 falls in the A 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.
    A98 out of 100
    Rank 1 of 42

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 30

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B63 out of 100
    Rank 12 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A86 out of 100
    Rank 6 of 42

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C50 out of 100
    Rank 24 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A74 out of 100
    Rank 11 of 42

Our read on PBUS

ETF.net Research

In short

ARoughly 500 US stocks for 0.04% a year, benchmarked to the MSCI USA Index instead of the S&P 500. Invesco's rules-based core holding, running since 2017.

Stated mandate

The Fund tracks the MSCI USA Index and commits at least 90% of its assets to securities included in that index.

Why people hold it

  • 0.04% a year sits at the floor of its peer group, matching SPYV and a hair above SCHK's 0.03%.invesco.com
  • Returns have hugged the MSCI USA Index about as tightly as anything in its cohort, so index-level exposure arrives with very little slippage.
  • A multi-billion-dollar fund trading since 2017, with a real market cycle behind it rather than a launch-window track record.
  • Roughly 500 names and quarterly distributions: a plain broad-market wrapper with no options overlay, no leverage, no sector tilt bolted on.

Worth knowing

  • MSCI USA is not the S&P 500. Holdings and results drift from an S&P-benchmarked portfolio, which matters if that is the yardstick you track against.invesco.com
  • The mandate commits at least 90% of assets to index securities, which leaves a slice of room outside the benchmark.
  • Moderately traded rather than one of the tape's busiest tickers, so spreads deserve a glance and limit orders earn their keep.

PBUS Performance

Launched Sep 22, 2017

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.
PBUS$11,151
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PBUS $11,151. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 PBUS. Periods over one year show the average yearly return.
PeriodPBUS
Year to date+11.5%
1 month−1.1%
3 months+1.3%
1 year+11.5%
3 yearsper year+23.5%
5 yearsper year+11.5%
10 yearsFund is under 10 years oldper yearNo data

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 PBUS
YearReturn barPBUS
2026 YTD+11.5%
2025+17.6%
2024+25.0%
2023+27.3%
2022−19.7%
2021+26.8%
2020+21.8%

PBUS in the news

PBUS 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 30, 2026.
1.02%Last 12 months
Payout per share
$0.77Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 36 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.13; Mar 19, 2018 $0.10; Jun 18, 2018 $0.13; Sep 24, 2018 $0.14; Dec 26, 2018 $0.07; Mar 18, 2019 $0.11; Jun 24, 2019 $0.13; Sep 23, 2019 $0.08; Dec 23, 2019 $0.17; Mar 23, 2020 $0.15; Jun 22, 2020 $0.10; Sep 21, 2020 $0.13; Dec 21, 2020 $0.13; Mar 22, 2021 $0.13; Jun 21, 2021 $0.04; Sep 20, 2021 $0.13; Dec 20, 2021 $0.17; Mar 21, 2022 $0.16; Jun 21, 2022 $0.16; Sep 19, 2022 $0.16; Dec 19, 2022 $0.17; Mar 20, 2023 $0.17; Jun 20, 2023 $0.16; Sep 18, 2023 $0.14; Dec 18, 2023 $0.18; Mar 18, 2024 $0.17; Jun 24, 2024 $0.17; Sep 23, 2024 $0.17; Dec 23, 2024 $0.19; Mar 24, 2025 $0.18; Jun 23, 2025 $0.17; Sep 22, 2025 $0.18; Dec 22, 2025 $0.18; Mar 23, 2026 $0.20; Jun 22, 2026 $0.20; Sep 21, 2026 $0.19. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.19
Jun 22, 2026Jun 26, 2026$0.20
Mar 23, 2026Mar 27, 2026$0.20
Dec 22, 2025Dec 26, 2025$0.18
Sep 22, 2025Sep 26, 2025$0.18
Jun 23, 2025Jun 27, 2025$0.17
Mar 24, 2025Mar 28, 2025$0.18
Dec 23, 2024Dec 27, 2024$0.19
Sep 23, 2024Sep 27, 2024$0.17
Jun 24, 2024Jun 28, 2024$0.17
Mar 18, 2024Mar 22, 2024$0.17
Dec 18, 2023Dec 22, 2023$0.18

See all 36 payments⁠

$10,000 in PBUS 5 years ago paid $729 in dividends.⁠

PBUS Risk

Risk pillarB63 out of 100Rank 12 of 42 in Other Major Indexes
How much the fund’s monthly returns vary, scaled to a year.
12.5%
Annualised · 36 months to Oct 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.
1.41
vs 3-month T-bills · to Oct 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.
−25.4%
Trough Oct 2022
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.
1.02
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.

FMP measures it over up to five years of monthly returns.

PBUS Cost

Compare PBUS and SCHK

Overpaying vs SCHK, cheapest in Other Major Indexes

$211

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PBUS 0.04%

    $849

  • SCHK 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • PBUS 0.04%
  • SCHK 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800$1K051015202530PBUS $849SCHK $638

Year by year

YearPBUSSCHKOverpaying
10$73$55$18
20$288$216$72
30$849$638$211

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