- ISIN
- US46137Y5006
- CUSIP
- 46137Y500
- Issuer
- Invesco
- Inception Date
- Sep 21, 2006
- Region
- North America (U.S.)
- Category
- Diversified Portfolio, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Zacks Multi-Asset Income Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $121M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CVY Performance Chart
Invesco Zacks Multi-Asset Income ETF (CVY) is up 7.6% since the beginning of the year. CVY is currently trading at $29 per share. Investors who bought $1,000 worth of CVY shares 5 years ago would now be looking at an investment worth $1,405.
Loading charts...
Returns By Period
Invesco Zacks Multi-Asset Income ETF (CVY) has returned 7.59% so far this year and 17.25% over the past 12 months. Over the last ten years, CVY has returned 8.41% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Invesco Zacks Multi-Asset Income ETF
- 1D
- -1.25%
- 1M
- 0.78%
- YTD
- 7.59%
- 6M
- 8.13%
- 1Y
- 17.25%
- 3Y*
- 15.33%
- 5Y*
- 7.04%
- 10Y*
- 8.41%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
CVY Monthly Returns History
Based on dividend-adjusted daily data since Sep 21, 2006, CVY's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2009 with a return of +22.4%, while the worst month was Mar 2020 at -29.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CVY closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +12.0%, while the worst single day was Mar 18, 2020 at -15.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.46% | 0.99% | -3.50% | 6.09% | 0.46% | -0.85% | 7.59% | ||||||
| 2025 | 3.97% | -0.57% | -1.54% | -4.49% | 3.53% | 3.73% | 1.00% | 4.20% | -0.10% | -2.02% | 2.44% | 0.75% | 11.00% |
| 2024 | -0.25% | 3.38% | 5.95% | -3.34% | 3.69% | -1.48% | 4.97% | 0.40% | -0.26% | -1.81% | 6.12% | -6.69% | 10.28% |
| 2023 | 10.00% | -3.10% | -5.23% | 1.85% | -5.04% | 6.44% | 7.08% | -1.80% | -1.63% | -3.28% | 7.15% | 5.72% | 17.87% |
| 2022 | 0.47% | -1.86% | -0.23% | -5.64% | 4.47% | -12.37% | 8.66% | -0.91% | -9.59% | 9.25% | 6.00% | -5.29% | -9.27% |
| 2021 | 2.09% | 6.45% | 7.07% | 3.40% | 2.86% | -0.28% | -1.42% | 0.91% | -1.17% | 2.52% | -4.25% | 5.20% | 25.31% |
Benchmark Metrics
Invesco Zacks Multi-Asset Income ETF has an annualized alpha of -2.09%, beta of 0.91, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since September 22, 2006.
- This ETF participated in 104.61% of S&P 500 Index downside but only 89.24% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -2.09% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.91 and R2 of 0.73, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -2.09%
- Beta
- 0.91
- R²
- 0.73
- Upside Capture
- 89.24%
- Downside Capture
- 104.61%
Expense Ratio
CVY has a high expense ratio of 1.21%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CVY ranks 46 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Zacks Multi-Asset Income ETF (CVY) and compare them to S&P 500 Index.
| CVY | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 2.24 | -0.66 |
Sortino ratioReturn per unit of downside risk | 2.31 | 3.07 | -0.76 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.41 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.93 | -0.60 |
Martin ratioReturn relative to average drawdown | 7.82 | 13.52 | -5.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Invesco Zacks Multi-Asset Income ETF provided a 3.75% dividend yield over the last twelve months, with an annual payout of $1.07 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.07 | $1.07 | $1.02 | $1.05 | $1.10 | $0.58 | $0.68 | $0.75 | $0.85 | $0.88 | $0.91 | $1.07 |
Dividend yield | 3.75% | 3.99% | 4.07% | 4.41% | 5.18% | 2.37% | 3.40% | 3.22% | 4.44% | 3.94% | 4.50% | 5.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Zacks Multi-Asset Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.22 | ||||||
| 2025 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.28 | $1.07 |
| 2024 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $1.02 |
| 2023 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.27 | $1.05 |
| 2022 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.43 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.03 | $0.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Zacks Multi-Asset Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Zacks Multi-Asset Income ETF was 66.86%, occurring on Mar 9, 2009. Recovery took 727 trading sessions.
The current Invesco Zacks Multi-Asset Income ETF drawdown is 1.28%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -66.86%Mar 2009 | 1y 9mo | 2y 10mo | 4y 7moJun 2007 - Jan 2012 |
COVID crash2020 | -50.47%Mar 2020 | 1mo 27d | 11mo 13d | 1y 1moJan 2020 - Feb 2021 |
2016 bear market2016 | -31.88%Jan 2016 | 1y 6mo | 1y 10mo | 3y 5moJul 2014 - Dec 2017 |
Bear market2022 | -21.58%Sep 2022 | 8mo 16d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -18.52%Dec 2018 | 11mo 3d | 4mo 10d | 1y 3moJan 2018 - May 2019 |
Drawdown Indicators
| CVY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.86% | -56.78% | -10.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.43% | -9.10% | +1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.79% | -18.90% | +2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.58% | -25.43% | +3.85% |
Max Drawdown (10Y)Largest decline over 10 years | -50.47% | -33.92% | -16.55% |
Current DrawdownCurrent decline from peak | -1.28% | -0.74% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -10.41% | -10.72% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 1.97% | +0.24% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with CVY
Add Invesco Zacks Multi-Asset Income ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CVY