POWA
Invesco Bloomberg Pricing Power ETF
Invesco Defensive Equity ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the Sabrient Defensive Equity Index. The ETF invests in 100 companies with superior risk and return profiles during bear markets. The ETF holds large-cap stocks with its largest allocation to the U.S. and to financial companies. The ETF weights its holdings equally.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
192.3 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Fund sponsor | Guggenheim |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 15, 2006 |
| Assets (mns) | $192 |
| Expense ratio | 40 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| KLA CORPORATION | 2.5 % |
| IRON MOUNTAIN INC | 2.3 % |
| FLEXTRONICS INTL LTD | 2.3 % |
| QUANTA SERVICES INC | 2.2 % |
| WATERS CORP | 2.2 % |
| AUTODESK INC | 2.2 % |
| CUMMINS INC | 2.2 % |
| GENERAL DYNAMICS CORP | 2.1 % |
| ICON PLC | 2.1 % |
| IQVIA HOLDINGS INC | 2.1 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 201 |
| Wgt avg mkt cap (mns) | $159,321 |
| Large cap (>$10bn) | 100.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 91.8 % |
 |
IRELAND | 6.0 % |
 |
SINGAPORE | 2.3 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 13.0% | 5.4% | 15.1% | 9.3% | 9.5% | 9.8% | -- | 7.1% |
| Dividend Yield | 0.0% | 0.0% | 0.9% | 1.1% | 1.2% | 1.7% | -- | 1.9% |
| Total Returns | 13.0% | 5.4% | 16.0% | 10.5% | 10.7% | 11.5% | -- | 8.9% | Ann. Volatility | 15.5% | 15.5% | 13.4% | 12.9% | 13.9% | 16.1% | -- | 16.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.65 | 68% |
| MSCI EAFE | 0.70 | 57% |
| MSCI Emg Mkts | 0.55 | 39% |
Liquidity Measures
| Avg. volume (000) | 3 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $90.11 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.07/-0.20 |
| Bollinger Bands (Upper/Lower) | $92.09/$87.76 |
| Short interest (% of AUM) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. POWA |
Expenses vs. POWA |
ALTAR Score™ vs. POWA |
|---|---|---|---|---|
| EMOT | First Trust S&P 500 Economic Moat ETF | 26.4% | +20 bp | +8.4% |
| RTH | VanEck Retail ETF | 25.3% | -5 bp | +5.6% |
| INCE | Franklin Income Equity Focus ETF | 18.3% | -11 bp | +5.8% |
| ESMV | iShares ESG MSCI USA Min Vol Factor ETF | 17.9% | -22 bp | +5.7% |
| UPGD | Invesco Bloomberg Analyst Rating Improvers ETF | 17.5% | 0 bp | +6.1% |
| DEMZ | Democratic Large Cap Core ETF | 16.8% | +5 bp | +4.5% |
| RSPH | Invesco S&P 500 Equal Weight Health Care ETF | 16.7% | 0 bp | +7.4% |
| FLAG | Global X S&P 500 U.S. Market Leaders Top 50 ETF | 16.5% | -11 bp | +6.9% |
| RWL | Invesco S&P 500 Revenue ETF | 16.4% | -1 bp | +6.8% |
| GQI | Natixis Gateway Quality Income ETF | 16.4% | -6 bp | +5.1% |
Risk and Returns: POWA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/5/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
POWA
5.9%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1021 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. POWA's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places POWA in the 55th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
POWASELL
U/W
HOLD
O/W
BUY