IDLB — Invesco FTSE International Low Beta Equal Weight ETF
Data updated: 2023-04-03
IDLB — Invesco FTSE International Low Beta Equal Weight ETF. Global (incl. US) Blend / Core Equity · $5.11M AUM. Holdings, fees, performance and SEC filings.
IDLB Fund Overview
IDLB — Invesco FTSE International Low Beta Equal Weight ETF is a US ETF managed by Invesco Exchange-Traded Fund Trust II, categorised as Global (incl. US) Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Invesco Exchange-Traded Fund Trust II
- Category: Global (incl. US) Blend / Core Equity
- Assets under management: $5.11M
- 1-year return: -5.9%
- Ticker: IDLB
- SEC CIK: 0001378872
- SEC series ID: S000051158
- Share class ID: C000161055
IDLB Investment Objective and Strategy
Invesco FTSE International Low Beta Equal Weight ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Invesco Exchange-Traded Fund Trust II.
Investment objective
The PowerShares FTSE International Low Beta Equal Weight Portfolio (the “Fund”) seeks to track the investment results (before fees and expenses) of the FTSE Developed ex-U.S. Low Beta Equal Weight Index (the “Underlying Index”).
Principal investment strategy
The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, FTSE International Limited (the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to provide exposure to constituents of the FTSE Developed ex US Index (the Developed ex US Index) that exhibit low beta characteristics. The Developed ex US Index is designed to measure the performance of the international equity markets, and consists of large and mid-capitalization companies from developed markets throughout the world, excluding the United States. Beta is a measure of a securitys price sensitivity (i.e., volatility); it reflects the rate of change in a securitys price that results from overall market movements.
To calculate the beta score for each security in the Developed ex US Index, the Index Provider analyzes the securitys monthly returns over the past eighteen months to see the extent to which they correlate with the monthly returns of the index of the country in which the securitys issuer is based. Securities with a beta score less than that of the average beta score of the relevant country index (that is, securities whose price changes exhibit less volatility than the average amount of volatility in the market of the issuers country) are eligible for inclusion in the Underlying Index. The Underlying Index is equally weighted, meaning that the Index Provider assigns each component security the same weight in the Underlying Index. The Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or sector. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or sector.
IDLB Performance
Total returns for IDLB (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -5.9% |
| 3 years (annualised) | -0.4% |
IDLB Risk Information
Risk metrics for IDLB, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.0%
IDLB Costs and Fees
IDLB costs about $45 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.45%
- Gross expense ratio: 0.45%
- Portfolio turnover: 66%
- Brokerage commissions: 4.47 bps of average net assets (SEC N-CEN)
IDLB Cashflows
Over the 12 months to 2023-01, Invesco FTSE International Low Beta Equal Weight ETF had net outflows of $1.16M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-01 | $0 |
| 2022-12 | $0 |
| 2022-11 | $0 |
| 2022-10 | $0 |
| 2022-09 | $0 |
| 2022-08 | $0 |
IDLB Debt Constituents
No individual debt constituents are reported in Invesco FTSE International Low Beta Equal Weight ETF's latest SEC N-PORT filing.
IDLB Prospectus and SEC Filings
Official Invesco FTSE International Low Beta Equal Weight ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-02-27
- Prospectus (485BPOS) — filed 2022-02-25
- Prospectus (485BPOS) — filed 2021-02-25
- Portfolio holdings (N-PORT) — filed 2023-04-03
- Portfolio holdings (N-PORT) — filed 2022-12-30
- Portfolio holdings (N-PORT) — filed 2022-09-27
- Annual census (N-CEN) — filed 2023-01-11
- Annual census (N-CEN) — filed 2022-01-13
Related Funds
Other Global (incl. US) Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.