Invesco International Ultra Dividend Revenue ETF (RIDV)
Invesco International Ultra Dividend Revenue ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $23.69, up 11.74% on the session, giving a market capitalisation of $2.3M. Its beta of 0.00 implies it has historically moved less than the broad market.
The core objective of this Invesco fund is to replicate the performance, prior to the deduction of fees and expenses, of the FTSE Custom Developed ex US Ultra Dividend Revenue Index, which serves as its benchmark. Typically, at least 90% of the fund's total assets will be allocated to the equities that constitute this benchmark index, or their corresponding American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). This specific index is derived from a selection of companies within the broader FTSE Developed ex US Index, which is designed to track the returns of large and mid-capitalization firms operating in developed nations around the world, excluding the United States. It's important to note that this fund operates with a non-diversified investment strategy.
Invesco International Ultra Dividend Revenue ETF is most often compared with the following Financial Services names: