Invesco BuyBack Achievers ETF
$148.17+0.27 (+0.18%)
- 0.63%
- $1.7B
- +15.6%
- 0.65%
- 0M sh
- $147.39
- low $125.47high $154.72
The ETF.net PKW Grade
D
Score 32 out of 100
- 25 of 30
Score 32 of 100 falls in the D 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.F0 out of 100Rank 30 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B59 out of 100Rank 9 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B61 out of 100Rank 10 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D36 out of 100Rank 24 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B60 out of 100Rank 11 of 30
Our read on PKW
DThe original buyback fund, running since 2006 on one blunt rule: own US companies that cut their share count by at least 5% over the past year. Not a dividend fund with buybacks bolted on, but a pure share-shrinkage screen.
The fund seeks exposure to the Nasdaq US BuyBack Achievers Index by normally investing at least 90% of assets in the common stocks comprising that index.
Why people hold it
- One rule, no committee. The index holds US companies that have shrunk shares outstanding by 5% or more over the trailing twelve months. Nothing else buys its way in.indexes.nasdaqomx.com
- Launched December 2006 alongside the index it tracks, giving it a live record through 2008 and everything after. The elder statesman of the buyback shelf.indexes.nasdaqomx.com
- Spread across roughly 220 names, with at least 90% of assets normally in index constituents, so no single repurchase program carries the fund.
Worth knowing
- At 0.62% a year it costs more than the typical index wrapper in its group, and plain broad-market funds like SCHK or VOOV charge a small fraction of that.
- The screen counts shares retired, not cash paid out. Distributions arrive quarterly, but income is a byproduct here rather than the point.indexes.nasdaqomx.com
- Volume is lighter than the headline index funds, so the bid-ask spread is worth a glance before trading.
PKW Holdings
- Stocks
- 288
- 41%
- CRM
Sectors
- Financials39.3%
- Technology16.4%
- Consumer Discretionary11.8%
- Energy9.8%
- Industrials8.8%
- Health Care8.1%
- Consumer Staples2.8%
- Communication1.7%
- Materials1.0%
- Real Estate0.4%
Geography
- United States91.96%
- Ireland4.20%
- Bermuda2.47%
- China0.52%
- Puerto Rico0.49%
- Switzerland0.30%
- United Kingdom0.06%
PKW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PKW$11,556
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.
| Period | PKW |
|---|---|
| Year to date | +10.7% |
| 1 month | −2.0% |
| 3 months | +3.1% |
| 1 year | +15.6% |
| 3 years | +19.5% |
| 5 years | +11.0% |
| 10 years | +13.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PKW |
|---|---|---|
| 2026 YTD | +10.7% | |
| 2025 | +17.9% | |
| 2024 | +17.3% | |
| 2023 | +17.2% | |
| 2022 | −10.2% | |
| 2021 | +32.6% | |
| 2020 | +8.4% |
PKW in the news
PKW Dividends
- 0.65%
- $0.97
- $0.22 per share
- Quarterly
Distribution history
PKW Risk
- 14.8%
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.
- 0.88
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.
- −23.5%
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.
- 0.82
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PKW Cost
0.63%
PKW0.63%
- The middle half of US Factor Index funds
- Median 0.30%
Every other US Factor Index fund charges less.
Other funds in US Factor Index
- DUPGDInvesco Bloomberg Analyst Rating Improvers ETFExpense ratio 0.40%1 year return +13.1%
- DXSHDInvesco S&P SmallCap High Dividend Low Volatility ETFExpense ratio 0.30%1 year return +4.8%
- DQFHDPacer S&P 500 Quality FCF High Dividend ETFExpense ratio 0.49%1 year return —
- DPDPInvesco Dorsey Wright Momentum ETFExpense ratio 0.62%1 year return +20.0%
- DALTLPacer Lunt Large Cap Alternator ETFExpense ratio 0.60%1 year return +5.3%