Invesco FTSE International Low Beta Equal Weight ETF (IDLB)
Invesco FTSE International Low Beta Equal Weight ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $24.08, up 0.38% on the session, giving a market capitalisation of $4.8M. Its beta of 0.88 implies it has historically moved less than the broad market.
This ETF typically allocates a substantial portion—at least 90%—of its overall holdings to the securities that make up its reference index. This underlying index is meticulously compiled, overseen, and calculated by an independent provider, operating under strict guidelines and predefined procedures. Its specific design aims to capture exposure to companies, drawn from the broader FTSE Developed ex US Index, that demonstrate characteristics of low beta.
Invesco FTSE International Low Beta Equal Weight ETF is most often compared with the following Financial Services names: