Summary
Invesco MSCI USA ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 518. The ten largest make up 37% of the fund.
- Yearly costs
- 0.04%
- Fund size
- $10.5B
- Positions
- 518
- Dividend yield
- 1.05%
- Running since
- 2017
What speaks for it
- Costs of 0.04% a year are below the middle of comparable funds (0.44%).
- A large fund with $10.5B under management.
- Easy to buy and sell: about $31.9M changes hands a day.
- Average yearly growth over the last five years: 9.0%.
What to watch
- 40% of the fund is in one sector (Technology).
- 99% of the fund is in one country (United States).
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
- -5.1%
- 3 months
- -5.1%
- This year
- +7.6%
- 1 year
- +9.1%
- 3 years
- +69%
- 5 years
- +54%
- Avg. market cap
- $2.36T
- P/E
- 24.3x
- Forward P/E
- 22.6x
- P/S
- 5.4x
- P/B
- 7.1x
- P/FCF
- 32.5x
- EV/EBITDA
- 18.1x
- Dividend yield
- 0.75%
- ROIC
- 27.9%
- ROE
- 58.1%
- Gross margin
- 58.3%
- Operating margin
- 33.8%
- Net margin
- 31.4%
- Payout ratio
- 18.3%
- Net debt/EBITDA
- 0.4x
- 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 8.0%
- 2 NVNvidia NVDA 6.6%
- 3 MSMicrosoft MSFT 6.0%
- 4 AMAmazon AMZN 4.0%
- 5 GOAlphabet GOOGL 2.6%
- 6 MEMeta META 2.1%
- 7 AVBroadcom AVGO 2.1%
- 8 GOAlphabet GOOG 2.1%
- 9 LLEli Lilly LLY 1.7%
- 10 TSTesla TSLA 1.6%
Positions in the fund: 518. The ten largest make up 37% of it.
Composition as of Nov 6, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 40%
- Financials 11%
- Communication services 9.9%
- Healthcare 9.3%
- Consumer cyclical 8.8%
- Other 21%
By country
- United States 99%
- Switzerland 0.3%
- Brazil 0.1%
- China 0.1%
- Other countries 0.3%
By company size
- Mega cap 63%
- Large cap 37%
- Mid cap 0.02%
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 sector: Technology (40%). Largest country: United States (99%). Largest size group: Mega cap (63%).
What does it cost me?
Cheap- A year from $10,000
- $4.00
- Over 20 years
- $201
From every $10,000 invested the fund takes $4.00 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 $201.
How has it done?
Growing over the long run- A year on average, 5 years
- +9.0%
- Deepest drop
- -26%
- Yearly volatility
- 14%
Average yearly growth over the last five years: 9.0%. Deepest drop in these years: 26% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.05%
- Payments a year
- 4
- Last payment
- $0.19
Over the last 12 months it paid $0.77 per share, which is 1.05% of today's price. The last payment was $0.19 on Sep 21, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $31.9M
- Shares a day
- 433K
On an average day about $31.9M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.3
- Average Bulios Score
- 74 out of 100
Weight by Bulios Fair Price
- Undervalued 7.3%
- Fairly valued 3.8%
- Overvalued 89%
On average the companies inside trade for 24.3 times their yearly profit. By Fair Price, 89% 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 | ||
|---|---|---|---|---|---|---|
SX SXR4.DE iShares MSCI USA UCITS ETF | Ireland | 0.03% | $3.36B | +17% | Reinvests | 99% |
IS ISMCF iShares MSCI USA UCITS ETF | Ireland | 0.03% | $5.13B | +11% | Reinvests | 99% |
CS CSUS.SW iShares MSCI USA UCITS ETF | Ireland | 0.03% | $2.88B | +12% | Reinvests | 99% |
ML MLRG iShares MSCI USA ETF | United States | 0.03% | $1.27B | - | Pays out | 99% |
SY SYGUS.JO Sygnia Itrix MSCI US | South Africa | 0.89% | $492.9M | - | Reinvests | 97% |
BB BBUS JPMorgan BetaBuilders U.S. Equity ETF | United States | 0.02% | $9.39B | +9.0% | Pays out | 97% |