USLB — Invesco Russell 1000 Low Beta Equal Weight ETF
Data updated: 2023-04-28
USLB — Invesco Russell 1000 Low Beta Equal Weight ETF. United States Large Cap Blend / Core Equity · $8.75M AUM. Holdings, fees, performance and SEC filings.
USLB Fund Overview
USLB — Invesco Russell 1000 Low Beta Equal Weight ETF is a US ETF managed by Invesco Exchange-Traded Fund Trust II, categorised as United States Large Cap 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: United States Large Cap Blend / Core Equity
- Assets under management: $8.75M
- 1-year return: -1.7%
- Ticker: USLB
- SEC CIK: 0001378872
- SEC series ID: S000051157
- Share class ID: C000161054
USLB Investment Objective and Strategy
Invesco Russell 1000 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 Russell 1000 Low Beta Equal Weight Portfolio (the “Fund”) seeks to track the investment results (before fees and expenses) of the Russell 1000 ® 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, Frank Russell Company (Russell or the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to provide exposure to constituents of the Russell 1000 Index (the Russell 1000) that exhibit low beta characteristics. The Russell 1000 is designed to measure the performance of the U.S. equity market, and consists of the stocks of the largest 1,000 companies by capitalization in the U.S. 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 Russell 1000, the Index Provider analyzes the securitys monthly returns over the past 18 months to see the extent to which they correlate to overall market movements.
Stocks with less than 18 months history are not eligible for inclusion. Securities with a beta score of less than that of the overall U.S. equity market average (that is, securities whose price changes exhibit less volatility than the average amount of volatility in the market) 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.
USLB Performance
Total returns for USLB (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.7% |
| 3 years (annualised) | 8.9% |
USLB Risk Information
Risk metrics for USLB, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 22.1%
USLB Costs and Fees
USLB costs about $35 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.35%
- Gross expense ratio: 0.35%
- Portfolio turnover: 85%
- Brokerage commissions: 2.51 bps of average net assets (SEC N-CEN)
USLB Cashflows
Over the 12 months to 2023-02, Invesco Russell 1000 Low Beta Equal Weight ETF had net outflows of $1.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-02 | $0 |
| 2023-01 | $0 |
| 2022-12 | $0 |
| 2022-11 | $0 |
| 2022-10 | −$1.25K |
| 2022-09 | $0 |
USLB Debt Constituents
No individual debt constituents are reported in Invesco Russell 1000 Low Beta Equal Weight ETF's latest SEC N-PORT filing.
USLB Prospectus and SEC Filings
Official Invesco Russell 1000 Low Beta Equal Weight ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-12-15
- Prospectus (485BPOS) — filed 2021-12-17
- Prospectus (485BPOS) — filed 2020-12-21
- Portfolio holdings (N-PORT) — filed 2023-04-28
- Portfolio holdings (N-PORT) — filed 2023-01-30
- Portfolio holdings (N-PORT) — filed 2022-10-31
- Annual census (N-CEN) — filed 2022-11-14
- Annual census (N-CEN) — filed 2021-11-15
Related Funds
Other United States Large Cap 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.