PWB: INVESCO LARGE CAP GROWTH ETF
ETF Education Report: Invesco Large Cap Growth ETF (PWB)
What this ETF is trying to do
The Invesco Large Cap Growth ETF, trading under the ticker PWB, is an exchange-traded fund designed to focus on large companies that are expected to grow. This ETF holds a variety of different stocks. According to the most recent data, its top holdings include companies like Palantir Technologies Inc (4.18%), Mastercard Inc (3.88%), and Applied Materials Inc (3.76%). Because the list of holdings is partial, these are just some of the companies in the fund. Please remember that holdings can change over time.
What the numbers show
The current price of one share is $166.47. We can compare this to an estimated price from roughly one year ago, which was $125.62.
When looking at performance, it is important to understand two different types of returns:
• Price Return: This measures only the change in the share price. For PWB, the one-year price return was approximately 32.52%. The year-to-date (YTD) price return was approximately 30.97%. The three-year price return was approximately 147.28%.
• Total Return: This includes the share price change plus any distributions (like dividends) paid out. For PWB, the one-year total return was approximately 32.52%, and the YTD total return was approximately 30.97%. The three-year total return was approximately 147.81%.
Income and distribution explanation
Some investors look for ETFs that pay them regular cash, known as distributions. For this specific ETF, the distribution yield is 0%. No distributions were detected over the last 12 months. This means the fund's performance in this period came from the increase in the share price rather than cash payments.
NAV erosion explanation
"NAV erosion" is a term used to describe a situation where the value of the underlying assets in a fund decreases significantly over time. It is important to note that a falling share price does not always mean NAV erosion is happening. For PWB, the erosion-risk score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• The ETF has shown significant price growth over the last year and three years.
• It holds many well-known large companies.
Cons
• The ETF does not currently provide cash distributions or income for investors.
Beginner takeaway
PWB is an ETF that has seen its share price grow significantly over the past few years. While it provides strong price returns, it does not currently pay out cash distributions to investors. Always remember that past performance is not a guarantee of what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A | PLTR | 4.18% |
| 2 | MASTERCARD INC CLASS A | MA | 3.88% |
| 3 | APPLIED MATERIALS INC | AMAT | 3.76% |
| 4 | VISA INC CLASS A | V | 3.71% |
| 5 | MICRON TECHNOLOGY INC | MU | 3.49% |
| 6 | NVIDIA CORP | NVDA | 3.40% |
| 7 | LAM RESEARCH CORP | LRCX | 3.38% |
| 8 | APPLE INC | AAPL | 3.35% |
| 9 | AMAZON.COM INC | AMZN | 3.25% |
| 10 | ADVANCED MICRO DEVICES INC | AMD | 3.20% |