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Invesco S&P Europe 350 Equal Weight Index ETF - CAD Units (EQE : NEO)

European Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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Close
(04-19-2024)
$20.81
Change
-$0.01 (-0.05%)
Open $20.72
Day Range $20.72 - $20.72
Volume 700

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Invesco S&P Europe 350 Equal Weight Index ETF - CAD Units

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Fund Returns

Inception Return (September 27, 2018): 5.00%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 3.26% 4.68% 15.37% 4.68% 11.41% 8.33% 4.35% 12.24% 6.58% - - - - -
Benchmark 3.63% 7.29% 17.28% 7.29% 14.30% 11.36% 8.05% 13.27% 8.07% 6.59% 7.35% 7.94% 6.40% 6.69%
Category Average 2.61% 15.55% 15.55% 5.64% 12.75% 8.91% 4.30% 10.68% 5.21% 3.89% 4.68% 4.89% 4.14% 4.29%
Category Rank 38 / 112 76 / 112 68 / 112 76 / 112 78 / 112 63 / 112 56 / 111 46 / 109 49 / 109 - - - - -
Quartile Ranking 2 3 3 3 3 3 3 2 2 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 4.19% -6.18% 1.53% 4.14% -2.13% -4.52% -1.76% 9.07% 2.86% -1.15% 2.56% 3.26%
Benchmark 4.33% -5.65% 2.01% 2.73% -1.44% -4.13% -1.41% 7.87% 2.78% 0.64% 2.87% 3.63%

Best Monthly Return Since Inception

16.04% (November 2020)

Worst Monthly Return Since Inception

-14.02% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 18.16% 7.33% 11.84% -14.23% 16.85%
Benchmark 3.06% 17.20% -3.54% 18.15% -7.68% 19.54% 3.59% 15.26% -10.82% 17.51%
Category Average -0.81% 17.33% -5.77% 14.98% -9.04% 15.21% 3.84% 11.84% -15.77% 16.91%
Quartile Ranking - - - - - 2 3 3 2 2
Category Rank - - - - - 42/ 106 64/ 109 66/ 111 52/ 112 52/ 112

Best Calendar Return (Last 10 years)

18.16% (2019)

Worst Calendar Return (Last 10 years)

-14.23% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 99.00
Cash and Equivalents 0.42
Foreign Corporate Bonds 0.29
Income Trust Units 0.29

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.42
Consumer Goods 12.43
Industrial Goods 9.96
Basic Materials 9.04
Consumer Services 8.37
Other 40.78

Geographic Allocation

Geographic Allocation
Name Percent
Europe 98.01
North America 0.28
Other 1.71

Top Holdings

Top Holdings
Name Percent
Zalando SE 0.38
DS Smith PLC 0.34
H & M Hennes & Mauritz AB Cl B 0.34
Grifols SA 0.33
Rheinmetall AG 0.33
Renault SA 0.33
Siemens Energy AG 0.33
GN Store Nord A/S 0.33
Alstom SA 0.32
Lonza Group AG 0.32

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Invesco S&P Europe 350 Equal Weight Index ETF - CAD Units

Median

Other - European Equity

3 Yr Annualized

Standard Deviation 16.41% 17.54% -
Beta 1.09% 1.12% -
Alpha -0.04% -0.02% -
Rsquared 0.97% 0.97% -
Sharpe 0.18% 0.34% -
Sortino 0.24% 0.42% -
Treynor 0.03% 0.05% -
Tax Efficiency 68.27% - -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.79% 16.41% 17.54% -
Beta 1.11% 1.09% 1.12% -
Alpha -0.04% -0.04% -0.02% -
Rsquared 0.97% 0.97% 0.97% -
Sharpe 0.48% 0.18% 0.34% -
Sortino 1.02% 0.24% 0.42% -
Treynor 0.06% 0.03% 0.05% -
Tax Efficiency 86.00% 68.27% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 27, 2018
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $8
52 Week High $21.50
52 Week Low $17.74
Annual Dividend $0.79
Annual Yield -
Index S&P Europe 350 Equal Weight Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

EQE seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P Europe 350® Equal Weight Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units. This Invesco ETF invests, directly or indirectly, primarily in equity securities of companies listed in Europe.

Investment Strategy

In order to achieve its investment objective and to obtain direct or indirect exposure to the Constituent Securities of the Index, the Invesco ETF may hold the Constituent Securities of the Index in approximately the same proportion as they are reflected in that Index or may hold securities of one or more Invesco portfolios that, individually or collectively, replicate or substantially replicate the Index.

Portfolio Manager(s)

Name Start Date
Invesco Canada Ltd. 09-18-2018
Invesco Capital Management LLC 09-18-2018

Management and Organization

Fund Manager Invesco Canada Ltd.
Advisor Invesco Canada Ltd.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.33%
Management Fee 0.30%

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