Invesco PowerShares currently offers more than 171 domestic and international index-based ETFs, exchange traded notes (ETNs) and actively managed ETFs, with franchise assets exceeding $70 billion. The ETFs represent seven broad categories:
- Access - targeted exposure to niche markets
- Commodity and currency - access to commodities and currencies
- Equity-based resources - companies involved in mining and extracting commodities, the water industry and alternative energy
- Factor-driven - non-leveraged emphasis or minimizing of general market movements
- Fundamentals weighted - based on sales, cash flow, book value and dividends
- Income - income generating portfolios
- Quantitative - evaluation and tiered-weighting based on certain investment criteria such as valuation and risk
Invesco PowerShares is a part of Invesco Ltd. (NYSE:IVZ), an independent global investment management company. One family of PowerShares ETFs is based on FTSE RAFI Indexes, which fundamentally weight stocks according to sales, cash flow, book value and dividends instead of the more traditional approach of weighting indexes according to market capitalization. Invesco PowerShares' largest ETF family is based on Intellidexes - indexes that utilize rules-based quantitative analysis to select stocks for the capital appreciation potential. In addition, PowerShares offer ETFs that target specific industries and world regions, as well as ETFs based on indexes that follow niche investing strategies.
Invesco PowerShares was founded in 2003, and today offers dozens of ETF products that are traded on all major stock exchanges in the U.S., Canada and Europe. The PowerShares QQQ ETF, known simply as the Q's or the cubes, is based on the Nasdaq 100 Index and it one of the most actively traded equity securities in the world.
|Figure 6: Invesco PowerShares\' top five largest funds by AUM. Information current as of Feb. 8, 2013.|
Guide To ETF Providers: iShares
InvestingInvesco's PowerShares is trying to make a mark with smart-beta funds that put a distinctive twist on popular investment themes
Financial AdvisorHere's a list of Invesco investments—retirement funds—that may work for you if you have the time to let them mature over the long term.
Financial AdvisorExplore the investment management profile of Invesco Ltd., including the company's investment strategies, management teams and products it offers.
InvestingReview a list of the five largest and most influential ETF providers in the world: BlackRock, Vanguard, State Street, Deutsche Bank AWM and Invesco.
InvestingAnalyze two of the most widely held commodity index ETFs, and see how they stack up against each other.
InvestingLearn more about one of the most popular and widely traded exchange-traded funds in the world: Invesco PowerShares QQQ Trust (QQQ) ETF.
InvestingFind out about the PowerShares S&P 500 Low Volatility ETF, and learn detailed information about this fund that provides exposure to low-volatility stocks.
InvestingCompare two financial sector ETFs that offer a specific banking industry focus: the PowerShares Financial Preferred ETF and the SPDR S&P Bank ETF.
Financial AdvisorLearn about the top three mutual funds administered and managed by Invesco Ltd. that have received a five-star overall rating from Morningstar.
InvestingThe recently issued DWLV fund, domiciled in the U.S., is an interesting ETF option where low-volatility and momentum strategies come together.