PBSM Performance — Invesco PureBetaSM MSCI USA Small Cap ETF
Data updated: 2023-07-31
PBSM returned −3.28% over one year to May 2023. The annualised 3-year return is +11.97%. The fund beat its US Small Blend category average: $100 invested three years ago grew to $140, against $138 for the category, and to $97 over one year, against $96. Volatility over the past three years was 20.50% a year. In the 12 months to May 2023 the fund lost a net $17.9M, and assets reached $17.66M.
PBSM Growth of $100
What $100 invested in Invesco PureBetaSM MSCI USA Small Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | PBSM | Category average |
|---|---|---|
| 1 year (Jun 2022 – May 2023) | $97 | $96 |
| 3 years (Jun 2020 – May 2023) | $140 | $138 |
| Since data start (Sep 2019 – May 2023) | $131 | $129 |
PBSM Trailing Returns
Total returns to May 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −3.28% |
| 3 years (annualised) | +11.97% |
PBSM Annual Returns
Calendar-year total returns of Invesco PureBetaSM MSCI USA Small Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–May) | +0.74% |
| 2022 | −17.10% |
| 2021 | +19.62% |
| 2020 | +18.92% |
| 2019 (Sep–Dec) | +10.44% |
PBSM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +10.4% | −1.7% | −4.2% | −1.4% | −1.7% | — | — | — | — | — | — | — |
| 2022 | −8.0% | +1.0% | +1.3% | −8.4% | +0.1% | −9.1% | +10.7% | −2.5% | −9.5% | +10.3% | +4.2% | −6.0% |
| 2021 | +3.8% | +6.5% | +2.1% | +3.7% | −0.1% | +1.5% | −2.1% | +2.3% | −2.9% | +4.7% | −4.3% | +3.4% |
| 2020 | −2.6% | −8.7% | −22.6% | +14.8% | +7.2% | +3.2% | +3.9% | +4.6% | −2.8% | +2.5% | +16.6% | +7.8% |
| 2019 | — | — | — | — | — | — | — | — | +1.7% | +1.8% | +4.0% | +2.6% |
PBSM Risk
Risk measures from monthly returns over Jun 2020 – May 2023.
- 3-year volatility (annualised): 20.50%
- 3-year Sharpe ratio: 0.36 (vs 4.5% risk-free rate)
- Best month: +16.62% (Nov 2020)
- Worst month: −9.48% (Sep 2022)
PBSM Fund Flows
Monthly money in and out of Invesco PureBetaSM MSCI USA Small Cap ETF, from SEC Form N-PORT.
- 12-month net flow: −$17.9M
- 12-month gross sales (incl. reinvestments): $8.6M
- Sales ÷ redemptions: 0.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2023 | $0 | $4.1M | −$4.1M |
| Apr 2023 | $0 | $4.9M | −$4.9M |
| Mar 2023 | $0 | $8.9M | −$8.9M |
| Feb 2023 | $4.4M | $0 | $4.4M |
| Jan 2023 | $0 | $0 | $0 |
| Dec 2022 | $0 | $806K | −$806K |
| Nov 2022 | $2.5M | $854K | $1.6M |
| Oct 2022 | $0 | $22K | −$22K |
| Sep 2022 | $0 | $808K | −$808K |
| Aug 2022 | $0 | $4.4M | −$4.4M |
| Jul 2022 | $0 | $0 | $0 |
| Jun 2022 | $1.7M | $1.7M | $0 |
PBSM Assets Under Management
Net assets of Invesco PureBetaSM MSCI USA Small Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-05-31 | $17.66M |
| 2023-02-28 | $38.21M |
| 2022-11-30 | $34.15M |
| 2022-08-31 | $32.16M |
| 2022-05-31 | $37.11M |
| 2022-02-28 | $35.51M |
| 2021-11-30 | $39.36M |
| 2021-08-31 | $41.54M |
| 2021-05-31 | $41.00M |
| 2021-02-28 | $22.19M |
| 2020-11-30 | $4.68M |
| 2020-08-31 | $4.05M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.