ERTH
Invesco MSCI Sustainable Future ETF
Invesco Cleantech Portfolio seeks investment results that correspond to the price and yield of the Cleantech Index, which is comprised of 75 public companies engaged in the clean technology industry.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
156.5 M
ASSETS UNDER MGMT
62 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 24, 2006 |
| Assets (mns) | $157 |
| Expense ratio | 62 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TESLA MOTORS INC | 7.3 % |
| DIGITAL REALTY TRUST INC | 5.9 % |
| NVIDIA CORP | 5.6 % |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | 4.7 % |
| FIRST SOLAR INC | 4.4 % |
| DAIWA HOUSE INDUSTRY CO LTD | 4.0 % |
| LI AUTO, INC. CLASS A | 3.3 % |
| VESTAS WIND SYSTEMS A/S | 3.2 % |
| LG ENERGY SOLUTION LTD. | 2.9 % |
| KINGSPAN GROUP PLC | 2.8 % |
Constituent Breakdown
| Number of holdings | 123 |
| Herfindahl-Hirschman Index | 278 |
| Wgt avg mkt cap (mns) | $83,914 |
| Large cap (>$10bn) | 55.4% |
| Mid cap ($2-10bn) | 34.7% |
| Small cap (<$2bn) | 9.4% |
| Developed mkts. | 84.2% |
| Emerging mkts. | 15.8% |
Country Exposure
 |
UNITED STATES | 44.9 % |
 |
CHINA | 8.8 % |
 |
JAPAN | 6.8 % |
 |
FRANCE | 5.2 % |
 |
DENMARK | 4.3 % |
 |
SINGAPORE | 3.7 % |
 |
SOUTH KOREA | 3.1 % |
 |
IRELAND | 2.8 % |
 |
SPAIN | 2.6 % |
 |
CANADA | 2.2 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -9.8% | 9.1% | -4.6% | -15.3% | 1.2% | 5.7% | 4.3% | Volatility | 19.8% | 21.3% | 22.0% | 24.8% | 27.1% | 22.3% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.03 | 50% |
| MSCI EAFE | 1.07 | 56% |
| MSCI Emg Mkts | 1.08 | 56% |
Liquidity Measures
| Avg. volume (000) | 13 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.28% |
| ADV of underlying (mns) | $43,519 |
Technical Indicators
| Recent close | $41.25 |
| 30d moving avg. | $43.52 |
| Annualized volatility | 25.2% |
| Relative strength (RSI) | 48 |
| Short interest (ETF) | 0.7% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ERTH |
Expenses vs. ERTH |
ALTAR Score™ vs. ERTH |
|---|---|---|---|---|
| SDG | iShares MSCI Global Sustainable Development Goals ETF | 31.4% | -13 bp | +2.0% |
| SMOG | VanEck Low Carbon Energy ETF | 27.6% | -1 bp | -1.3% |
| ACES | ALPS Clean Energy ETF | 22.1% | -7 bp | -8.0% |
| ETEC | iShares Breakthrough Environmental Solutions ETF | 20.1% | -15 bp | +4.3% |
| QCLN | First Trust Nasdaq Clean Edge Green Energy Index Fund | 19.9% | -4 bp | -6.6% |
| RNEW | VanEck Green Infrastructure ETF | 18.2% | -17 bp | -5.1% |
| IDRV | iShares Self-driving EV & Tech ETF | 17.8% | -15 bp | -4.1% |
| ICLN | iShares Global Clean Energy ETF | 17.6% | -21 bp | +2.4% |
| FRNW | Fidelity Clean Energy ETF | 17.3% | -23 bp | -1.1% |
| KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 17.0% | +10 bp | -2.6% |
Risk and Returns: ERTH 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.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 11/21/2024
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
ERTH
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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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™
ERTH
3.6%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. ERTH's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places ERTH in the 46th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ERTHSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| ERTH (62 bp) Percentile rank | 65 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ERTH | 62.0 | 28.1 | 90.1 |
| Peer Avg. | 51.8 | 32.7 | 84.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .