Invesco S&P 500 BuyWrite ETF chart

Last update: 2022-12-30
Key statistics and financials
Three year average return 9.48%
YTD return -0.26%
Beta 3Y 0.72
Total Assets 176.83M
Annual report expense ratio 0.49%

Company description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index and will write (sell) call options thereon. The underlying index is a total return benchmark index that is designed to track the performance of a hypothetical "buy-write" strategy on the S&P 500® Index.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to Invesco S&P 500 BuyWrite ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Invesco S&P 500 BuyWrite ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Invesco S&P 500 BuyWrite ETF

Here is the result of two systematic investment strategies applied to Invesco S&P 500 BuyWrite ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Invesco S&P 500 BuyWrite ETF

The following chart shows the equity curve of the two systematic investment strategies applied to Invesco S&P 500 BuyWrite ETF:

Invesco S&P 500 BuyWrite ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 14.41% on the backtest period.

Performance at glance

Performance

14.41 %

Latent gain

107.39 $

Invested capital

745.09 $

Annualized return

10.15 %
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Momentum strategy results on Invesco S&P 500 BuyWrite ETF

This is the result of two momentum investment strategies applied to Invesco S&P 500 BuyWrite ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Invesco S&P 500 BuyWrite ETF

The following chart shows all the entries opened by the momentum investment system on Invesco S&P 500 BuyWrite ETF:

Invesco S&P 500 BuyWrite ETF momentum entries
  • The first momentum investment strategy would give 20.9% of return on Invesco S&P 500 BuyWrite ETF. That represents 257.86$ of latent gain with 1233.98$ of employed capital.
  • The second momentum investment strategy would give 18.1% of return on Invesco S&P 500 BuyWrite ETF. That represents 43.56$ of latent gain with 240.6$ of employed capital.
Performance at glance (1Q Momentum)

Performance

20.9 %

Latent gain

257.86 $

Invested capital

1233.98 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

18.1 %

Latent gain

43.56 $

Invested capital

240.6 $

Annualized return

19.26 %

Momentum equity curve on Invesco S&P 500 BuyWrite ETF

The following chart shows the equity curve of the two momentum strategies applied to Invesco S&P 500 BuyWrite ETF:

Invesco S&P 500 BuyWrite ETF momentum equity

Note: the dividends potentially given by Invesco S&P 500 BuyWrite ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Invesco S&P 500 BuyWrite ETF

The following chart shows the employed capital evolution of the two momentum strategies on Invesco S&P 500 BuyWrite ETF since the beginning:

Invesco S&P 500 BuyWrite ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Invesco S&P 500 BuyWrite ETF

Buy the dip entry openings on Invesco S&P 500 BuyWrite ETF

Invesco S&P 500 BuyWrite ETF

The performance achieved by the robo-advisor on Invesco S&P 500 BuyWrite ETF is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Invesco S&P 500 BuyWrite ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Invesco S&P 500 BuyWrite ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Invesco S&P 500 BuyWrite ETF

The following chart shows the result of the investment strategy applied to Invesco S&P 500 BuyWrite ETF:

Invesco S&P 500 BuyWrite ETF

Note: the dividends potentially given by Invesco S&P 500 BuyWrite ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Invesco S&P 500 BuyWrite ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on Invesco S&P 500 BuyWrite ETF:

Invesco S&P 500 BuyWrite ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Invesco S&P 500 BuyWrite ETF

In this section, I will compare the three previous investment strategies applied to Invesco S&P 500 BuyWrite ETF.

Equity curve comparison on Invesco S&P 500 BuyWrite ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Invesco S&P 500 BuyWrite ETF investment strategy comparison

Employed capital comparison on Invesco S&P 500 BuyWrite ETF

Invesco S&P 500 BuyWrite ETF investment comparison

Performance comparison on Invesco S&P 500 BuyWrite ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 14.41% 107.39$ 745.09$ 10.15%
Momentum 1 quarter 20.9% 257.86$ 1233.98$ 17.71%
Momentum 2 quarters 18.1% 43.56$ 240.6$ 19.26%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

10.15 %

Momentum 1Q

19.26 %

Momentum 2Q

19.26 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Invesco S&P 500 BuyWrite ETF:

Positive correlations

Most correlated stocks this year

  • Invesco S&P 500 BuyWrite ETF

  • Most correlated stocks last 3 months

  • Invesco S&P 500 BuyWrite ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • GREAT WALL B&R
  • Invesco CurrencyShares Swiss Franc Trust
  • Kazia Therapeutics Ltd
  • RIVERINE CHINA
  • SCOTTISH ORIENTAL SMALLER COMPANIES TRUST PLC ORD

  • Note: The algorithm computes the probability of correlation between Invesco S&P 500 BuyWrite ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of Invesco S&P 500 BuyWrite ETF does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Invesco S&P 500 BuyWrite ETF
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker PBP
    Market

    Invesco S&P 500 BuyWrite ETF ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown