PBTP
Invesco PureBeta 0-5 Yr US TIPS ETF

Price: $26.65
Change: $0.06 (0.0%)
Last Updated:

Vitals

Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.07%
ETF Home Page Home page
Inception Sep 22, 2017

Analyst Report

The Invesco PureBeta 0-5 Yr US TIPS ETF tracks an index of inflation-protected securities backed by the U.S. government. The fund invests in debt with a remaining maturity of less than five years. The mix of short- and medium-term duration also gives the fund some protection against rising interest rates, which tend to put a larger dent in the value of longer-dated Treasurys. The tradeoff is that shorter-dated Treasurys provide lower returns. PBTP may be a good choice for investors who want the safety of U.S.-backed government debt, but are also worried that a sudden surge in inflation — and the likelihood of a resulting interest rate hike — will drag down the value of longer-dated Treasurys. The fund is part of Invesco’s low-cost PureBeta ETF roster, which is designed to compete with ultra-low cost rivals like Vanguard, iShares Core and State Street’s Portfolio lineups. As expected, fund fees are competitive, though investors should note that older ETFs in the space have drawn more assets and liquidity.

ETF Database Themes

Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Type(s) TIPS
Bond Duration All-Term

FactSet Classifications

  • Segment Fixed Income: U.S. - Government, Inflation-linked Investment Grade Short-Term
  • Category Government, Inflation-linked
  • Focus Investment Grade
  • Niche Short-Term
  • Strategy Vanilla
  • Weighting Scheme Market Value

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $25.05
  • 52 Week Hi $26.66
  • AUM $42.8 M
  • Shares 1.6 M

Historical Trading Data

  • 1 Month Avg. Volume 20,474
  • 3 Month Avg. Volume 13,714

Alternative ETFs in the ETF Database Inflation-Protected Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCHP 0.05% $20.7 B 3 M 4.17%
Largest (AUM) TIP 0.19% $34.7 B 4 M 3.98%
Most Liquid (Volume) TIP 0.19% $34.7 B 4 M 3.98%
Top YTD Performer RINF 0.30% $39.8 M 11,714 15.74%

Alternative ETFs in the FactSet Fixed Income: U.S. - Government, Inflation-linked Investment Grade Short-Term Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest STIP 0.05% $7.1 B 604,099 4.84%
Largest (AUM) VTIP 0.05% $17.6 B 2 M 4.58%
Most Liquid (Volume) VTIP 0.05% $17.6 B 2 M 4.58%
Top YTD Performer STIP 0.05% $7.1 B 604,099 4.84%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

PBTP ETF Database Category Average FactSet Segment Average
Number of Holdings 20 32 18
% of Assets in Top 10 57.73% 63.82% 72.00%
% of Assets in Top 15 83.28% 77.16% 91.66%
% of Assets in Top 50 100.00% 96.77% 100.00%

Size Comparison

PBTP ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

PBTP Valuation

This section compares the P/E ratio of this ETF to its peers.

PBTP
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

PBTP Dividend

This section compares the dividend yield of this ETF to its peers.

PBTP ETF Database Category Average FactSet Segment Average
Dividend $ 0.35 $ 0.25 $ 0.43
Dividend Date 2021-09-20 N/A N/A
Annual Dividend Rate $ 0.71 $ 1.88 $ 2.14
Annual Dividend Yield 2.66% 3.53% 3.39%

PBTP Price and Volume Chart

PBTP Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 560.53 K 6 Month Net Flows: 22.39 M 1 Year Net Flows: 30.73 M 3 Year Net Flows: 39.43 M 5 Year Net Flows: 41.93 M 10 Year Net Flows: 41.93 M

PBTP Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for PBTP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Inflation-Protected Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses n/a n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

PBTP Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

PBTP
Expense Ratio
0.07%
ETF Database Category Average
Expense Ratio
0.22%
FactSet Segment Average
Expense Ratio
0.09%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores
6.1/10
ESG Score
43.84%
Global Percentile
20.51%
Peer Percentile
    • Revenue Exposure to Environmental Impact (%)
      Higher is better, no ESG score impact
    • Severe Environment Controversies (%)
      Lower improves ESG score
    • Sustainable Impact Solutions (%)
      0.0%
      Higher is better, no ESG score impact
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      2.5
      Higher is worse, no ESG score impact
    • Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • High Impact Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • Water Stress High Risk Business Segment (%)
      Lower improves ESG score
    • Water Stress High Risk Geography (%)
      Lower improves ESG score
    • Water Stress Exposure Moderate (%)
      Lower improves ESG score
    • Water Stress Exposure High (%)
      Lower improves ESG score
    • Water Stress Exposure Low (%)
      Higher improves ESG score
    • Revenue Exposure to Energy Efficiency (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Alternative Energy (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Green Building (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Pollution Prevention (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Water Sustainability (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Social Impact (%)
      Higher is better, no ESG score impact
    • Sustainable Impact Solutions (%)
      0.0%
      Higher is better, no ESG score impact
    • SRI Exclusion Criteria (%)
      0.0%
      Higher is worse, no ESG score impact
    • Revenue Exposure to Affordable Real Estate (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Education (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Major Disease Treatment (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Nutrition (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Sanitation (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to SME Finance (%)
      Higher is better, no ESG score impact
    • Human Rights Norms Violation (%)
      Higher is worse, no ESG score impact
    • Human Rights Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Human Rights Controversies (%)
      Lower improves ESG score
    • Labor Norms Violation (%)
      Higher is worse, no ESG score impact
    • Labor Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Labor Controversies (%)
      Lower improves ESG score
    • Severe Customer Controversies (%)
      Lower improves ESG score
    • Global Compact Compliance Violation (%)
      Higher is worse, no ESG score impact
    • Global Compact Compliance Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Catholic Values Fail (%)
      Higher is worse, no ESG score impact
    • Islamic Non-Compliant (%)
      Higher is worse, no ESG score impact
    • Adult Entertainment Involvement (%)
      Higher is worse, no ESG score impact
    • Alcohol Involvement (%)
      Higher is worse, no ESG score impact
    • Gambling Involvement (%)
      Higher is worse, no ESG score impact
    • Nuclear Power Involvement (%)
      Higher is worse, no ESG score impact
    • Tobacco Involvement (%)
      Higher is worse, no ESG score impact
    • Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Controversies Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Retailer (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Producer (%)
      Higher is worse, no ESG score impact
    • Direct Predatory Lending Involvement (%)
      Higher is worse, no ESG score impact
    • Genetic Engineering Involvement (%)
      Higher is worse, no ESG score impact
    • Severe Governance Controversies (%)
      Lower improves ESG score
    • Board Flag (%)
      Lower improves ESG score
    • Lack of Independent Board Majority (%)
      Lower improves ESG score
    • Board Independence (0-25%) (%)
      Lower improves ESG score
    • Board Independence (25-50%) (%)
      Lower improves ESG score
    • Board Independence (50-75%) (%)
      Higher improves ESG score
    • Board Independence (75-100%) (%)
      Higher improves ESG score
    • No Female Directors (%)
      Lower improves ESG score
    • Three OR More Female Directors (%)
      Higher improves ESG score
    • Females Represent 30% of Directors (%)
      Higher improves ESG score
    • Entrenched Board (%)
      Lower improves ESG score
    • Overboarding (%)
      Lower improves ESG score
    • Negative Director Votes (%)
      Lower improves ESG score
    • Ownership AND Control Flag (%)
      Lower improves ESG score
    • One Share One Vote (%)
      Lower improves ESG score
    • No Annual Director Elections (%)
      Lower improves ESG score
    • Does Not Use Majority Voting (%)
      Lower improves ESG score
    • Significant Votes Against Pay Practices (%)
      Lower improves ESG score
    • Controlling Shareholder (%)
      Lower improves ESG score
    • Controlling Shareholder Concerns (%)
      Lower improves ESG score
    • Cross Shareholdings (%)
      Lower improves ESG score
    • Poison Pill (%)
      Lower improves ESG score
    • Pay Flag (%)
      Lower improves ESG score
    • No Pay Performance Link (%)
      Lower improves ESG score
    • Lack of Internal Pay Equity (%)
      Lower improves ESG score
    • Executive Pay Non-Disclosure (%)
      Lower improves ESG score
    • Accounting Flag (%)
      Lower improves ESG score

PBTP Performance

This section shows how this ETF has performed relative to its peers.

PBTP ETF Database
Category Average
Factset Segment
Average
1 Month Return 0.64% 0.57% 0.64%
3 Month Return 1.21% 1.50% 1.21%
YTD Return 4.80% 4.51% 4.75%
1 Year Return 5.98% 6.97% 6.00%
3 Year Return 14.97% 21.99% 15.47%
5 Year Return N/A 16.89% 12.29%

Geographic Exposure

The following charts reflect the geographic spread of PBTP's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of PBTP's underlying holdings.

Asset Percentage
Sovereign 99.94%
Other 0.06%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Sovereign 99.94%
Other 0.06%

PBTP Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
1.58%
Rank
17 of 17

20 Day Volatility
1.92%
Rank
13 of 17

50 Day Volatility
1.63%
Rank
15 of 17

200 Day Volatility
1.96%
Rank
15 of 17

Beta
0.06
Rank
15 of 16

Standard Deviation
0.48%
Rank
16 of 17

Technicals

  • 20 Day MA $26.57
  • 60 Day MA $26.52
  • MACD 15 Period 0.06
  • MACD 100 Period 0.25
  • Williams % Range 10 Day 10.20
  • Williams % Range 20 Day 4.64
  • RSI 10 Day 66
  • RSI 20 Day 62
  • RSI 30 Day 61
  • Ultimate Oscillator 58

Bollinger Bands

  • Lower Bollinger (10 Day) $26.56
  • Upper Bollinger (10 Day) $26.64
  • Lower Bollinger (20 Day) $26.46
  • Upper Bollinger (20 Day) $26.66
  • Lower Bollinger (30 Day) $26.47
  • Upper Bollinger (30 Day) $26.66

Support & Resistance

  • Support Level 1 $26.61
  • Support Level 2 $26.57
  • Resistance Level 1 $26.68
  • Resistance Level 2 $26.70

Stochastic

  • Stochastic Oscillator %D (1 Day) 60.70
  • Stochastic Oscillator %D (5 Day) 59.16
  • Stochastic Oscillator %K (1 Day) 51.52
  • Stochastic Oscillator %K (5 Day) 57.33

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

A fact sheet is not available for this ETF. Please visit the PBTP ETF home page for more information.

Data Lineage

ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.

Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.

Have Questions? Contact Us.

Powered By:

FactSet
Barchart

Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

Disclosures

Copyright © 2021 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
© 2021 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.