Invesco Large Cap Value ETF
$78.21+0.03 (+0.04%)
- 0.55%
- $1.8B
- +25.3%
- 1.76%
- 0.1M sh
- $77.51
- low $63.59high $83.41
The ETF.net PWV Grade
C
Score 49 out of 100
- 30 of 40
Score 49 of 100 falls in the C 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.F13 out of 100Rank 35 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.B66 out of 100Rank 34 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A82 out of 100Rank 3 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 11 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 33 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 17 of 40
Our read on PWV
CA 2005-vintage value fund that doesn't just buy the cheap half of the market. Invesco's Intellidex rules screen large caps down to roughly 50 names, and you pay 0.55% a year for that selectivity.
The Fund seeks capital appreciation by investing primarily in common stocks that comprise its underlying index.
Why people hold it
- About 50 large-cap names picked by a rules-based Intellidex screen, not a few hundred sorted by price tag. Concentration is the whole point.invesco.com
- Running since 2005 and now a multi-billion-dollar fund, so it's a long-tenured strategy rather than a recent launch riding a value revival.
- Pays quarterly, and its swings have been mild for a stock fund compared with others in the value group.
Worth knowing
- At 0.55%, one of the pricier ways to own large-cap value. VTV, SCHV and IUSV run the plain-index version for 0.03% to 0.04%.
- A 50-stock screen can wander well away from broad value benchmarks, in either direction, between rebalances.
- Moderately traded, so spreads won't be as tight as the biggest value ETFs. That shows up most on large or hurried orders.
PWV Holdings
- Stocks
- 53
- 34%
- CVX
Geography
- United States98.50%
- Switzerland1.50%
PWV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PWV$12,534
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 | PWV |
|---|---|
| Year to date | +19.3% |
| 1 month | −4.2% |
| 3 months | +0.8% |
| 1 year | +25.3% |
| 3 years | +21.8% |
| 5 years | +13.9% |
| 10 years | +12.2% |
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 | PWV |
|---|---|---|
| 2026 YTD | +19.3% | |
| 2025 | +19.6% | |
| 2024 | +14.5% | |
| 2023 | +10.4% | |
| 2022 | −1.2% | |
| 2021 | +29.1% | |
| 2020 | −3.7% |
PWV in the news
Category Review
US multifactor funds ran 30 points apart
PWV Dividends
- 1.76%
- $1.37
- $0.34 per share
- Quarterly
Distribution history
PWV Risk
- 12.8%
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.
- 1.16
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.
- −16.4%
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.
- 0.65
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PWV Cost
0.55%
PWV0.55%
- The middle half of US Value Index funds
- Median 0.20%
34 of the 40 US Value Index funds charge less.
Other funds in US Value Index
- CCOWZPacer US Cash Cows 100 ETFExpense ratio 0.49%1 year return +26.1%
- CNIXTResearch Affiliates Deletions ETFExpense ratio 0.19%1 year return +33.8%
- CVFVAVanguard U.S. Value Factor ETFExpense ratio 0.13%1 year return +28.2%
- CVMAXHartford US Value ETFExpense ratio 0.29%1 year return +26.4%
- CDFATDimensional - US Targeted Value ETFExpense ratio 0.33%1 year return +22.7%