Summary
Invesco Exchange-Traded Fund Trust II - Invesco MSCI North America Climate ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 277. The ten largest make up 36% of the fund.
- Yearly costs
- 0.09%
- Fund size
- $2.46B
- Positions
- 277
- Dividend yield
- 0.24%
- Running since
- 2024
What speaks for it
- Costs of 0.09% a year are below the middle of comparable funds (0.44%).
- A large fund with $2.46B under management.
- Easy to buy and sell: about $15.4M changes hands a day.
What to watch
- 93% of the fund is in one country (United States).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.9%
- 3 months
- +2.6%
- This year
- +12%
- 1 year
- +14%
- Avg. market cap
- $2.46T
- P/E
- 27.3x
- Forward P/E
- 24.1x
- P/S
- 6.1x
- P/B
- 8.5x
- P/FCF
- 33.2x
- EV/EBITDA
- 20.0x
- Dividend yield
- 0.74%
- ROIC
- 27.2%
- ROE
- 60.3%
- Gross margin
- 58.9%
- Operating margin
- 34.5%
- Net margin
- 32.4%
- Payout ratio
- 20.2%
- Net debt/EBITDA
- 0.5x
- Beta
- 1.02
Weighted average of the 50 largest companies, which make up 61% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 AAApple AAPL 7.2%
- 2 NVNvidia NVDA 7.2%
- 3 MSMicrosoft MSFT 5.5%
- 4 AMAmazon AMZN 3.5%
- 5 GOAlphabet GOOGL 3.2%
- 6 MEMeta META 2.3%
- 7 AVBroadcom AVGO 2.2%
- 8 GOAlphabet GOOG 2.0%
- 9 MUMicron MU 1.5%
- 10 TSTesla TSLA 1.5%
Positions in the fund: 277. The ten largest make up 36% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One countryBy country
- United States 93%
- Canada 4.2%
- Ireland 1.5%
- United Kingdom 0.6%
- Other countries 0.9%
By company size
- Mega cap 64%
- Large cap 36%
- Mid cap 0.1%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (93%). Largest size group: Mega cap (64%).
What does it cost me?
Cheap- A year from $10,000
- $9.00
- Over 20 years
- $451
From every $10,000 invested the fund takes $9.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $451.
How has it done?
Growing over the long run- Over the last year
- +14%
- Deepest drop
- -19%
- Yearly volatility
- 13%
Growth over the last year: 14%. Deepest drop in these years: 19% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.24%
- Last payment
- $0.08
Over the last 12 months it paid $0.08 per share, which is 0.24% of today's price. The last payment was $0.08 on Sep 21, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $15.4M
- Shares a day
- 489K
On an average day about $15.4M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.3
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 2.5%
- Overvalued 86%
On average the companies inside trade for 27.3 times their yearly profit. By Fair Price, 86% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 61% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FI FINA Fidelity MSCI North American Subset Index ETF | United States | 0.09% | $873.5M | - | Pays out | 93% |
XR XRMI Global X - S&P 500 Risk Managed Income ETF | United States | 0.60% | $49.5M | -3.4% | Pays out | 85% |
PB PBP Invesco S&P 500 BuyWrite ETF | United States | 0.29% | $389.7M | +3.6% | Pays out | 85% |
XY XYLD Global X - S&P 500 Covered Call ETF | United States | 0.60% | $3.41B | +4.5% | Pays out | 85% |
VS VSP.TO Vanguard S&P 500 Index ETF (CAD-hedged) | Canada | 0.08% | $4.47B | +12% | Pays out | 85% |
IB IBCF.DE iShares S&P 500 EUR Hedged UCITS ETF (Acc) | Ireland | 0.20% | $10.4B | +13% | Reinvests | 85% |