Invesco Large Cap Growth ETF
$161.63−1.28 (−0.79%)
- Expense ratio
- 0.55%
- Fund size
- $2.6B
- 1Y return
- +29.9%
- Yield · Last 12 months
- 0.00%
- Holdings
- 51
- Volume · 30D
- 0.1M sh
- NAV per share
- $161.94
- 52W range
The ETF.net PWB Grade
Score 54 of 100 sits in the C 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.FScore 12Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 59Category rank
Our read on PWB
CSmart beta before it had a name. Since 2005, PWB has run a rules-based Intellidex screen down to about 50 large-cap growth names instead of owning the whole growth index by size.
The Fund seeks capital appreciation by tracking the Dynamic Large Cap Growth IntellidexSM Index.
Why people hold it
- Live since 2005, making it one of the longest-running rules-based growth ETFs on the market, with two decades of history through multiple full market cycles.invesco.com
- The Intellidex screen lands on roughly 50 names, so it behaves less like a cap-weighted growth index and more like a quant stock-picker in an index wrapper.
- A billion-dollar-plus fund with moderate trading activity and one clearly stated job: capital appreciation by tracking the Dynamic Large Cap Growth Intellidex Index.
Worth knowing
- At 0.55% a year, it runs roughly three times the 0.18% median for its growth cohort, and the cheapest peers (VUG, SCHG) charge 0.03% to 0.04%.
- With about 50 holdings, single names and sector tilts carry real weight, so the ride can look quite different from a broad cap-weighted growth index.
- The stated mandate is capital appreciation, not income, and the fund has not been a regular distribution payer.
PWB Holdings
- Stocks
- 51
- 36%
- INTC
Geography
- United States95.76%
- Ireland1.43%
- Netherlands1.41%
- Singapore1.40%
PWB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | PWB |
|---|---|
| Year to date | +28.2% |
| 1 month | +4.5% |
| 3 months | −3.3% |
| 1 year | +29.9% |
| 3 years | +33.8% |
| 5 years | +16.4% |
| 10 years | +18.1% |
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 | PWB |
|---|---|---|
| 2026 YTD | +28.2% | |
| 2025 | +24.9% | |
| 2024 | +31.0% | |
| 2023 | +30.6% | |
| 2022 | −25.8% | |
| 2021 | +19.6% | |
| 2020 | +31.9% |
PWB in the news
ETF.net Research hasn’t filed on PWB yet — coverage lands here as it’s written.
PWB Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2025 | Jun 27, 2025 | $0.002 |
| Dec 23, 2024 | Dec 27, 2024 | $0.07 |
| Mar 18, 2024 | Mar 22, 2024 | $0.008 |
| Dec 18, 2023 | Dec 22, 2023 | $0.10 |
| Sep 18, 2023 | Sep 22, 2023 | $0.03 |
| Jun 20, 2023 | Jun 23, 2023 | $0.07 |
| Mar 20, 2023 | Mar 24, 2023 | $0.08 |
| Dec 19, 2022 | Dec 23, 2022 | $0.11 |
| Sep 19, 2022 | Sep 23, 2022 | $0.05 |
| Jun 21, 2022 | Jun 30, 2022 | $0.02 |
| Mar 21, 2022 | Mar 31, 2022 | $0.0072 |
| Sep 20, 2021 | Sep 30, 2021 | $0.01 |
PWB Risk
- 19.8%
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.
- 1.18
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.
- −31.4%
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.
- 1.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PWB Cost
- The middle half of US Growth Index funds
- Median 0.18%
30 of the 35 US Growth Index funds charge less.