- ISIN
- US46137V3087
- CUSIP
- 46137V308
- Issuer
- Invesco
- Inception Date
- Dec 20, 2006
- Region
- North America (U.S.)
- Category
- Mid Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ US BuyBack Achievers Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $2B
Share Price Chart
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Performance
PKW Performance Chart
Invesco BuyBack Achievers™ ETF (PKW) is up 4.4% since the beginning of the year. PKW is currently trading at $140 per share. Investors who bought $1,000 worth of PKW shares 5 years ago would now be looking at an investment worth $1,604.
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Returns By Period
Invesco BuyBack Achievers™ ETF (PKW) has returned 4.37% so far this year and 18.96% over the past 12 months. Over the last ten years, PKW has had an annualized return of 13.33%, just under the S&P 500 Index benchmark’s 13.61%.
Invesco BuyBack Achievers™ ETF
- 1D
- 0.62%
- 1M
- 4.18%
- YTD
- 4.37%
- 6M
- 3.34%
- 1Y
- 18.96%
- 3Y*
- 18.01%
- 5Y*
- 9.91%
- 10Y*
- 13.33%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- 0.31%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 24.33%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
PKW Monthly Returns History
Based on dividend-adjusted daily data since Dec 20, 2006, PKW's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +16.5%, while the worst month was Mar 2020 at -18.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PKW closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +11.8%, while the worst single day was Mar 16, 2020 at -12.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.91% | 1.66% | -4.59% | 5.75% | -1.51% | 2.38% | 4.37% | ||||||
| 2025 | 4.05% | -1.77% | -3.99% | -2.41% | 7.32% | 5.07% | 1.11% | 5.03% | 1.22% | -2.09% | 2.25% | 1.48% | 17.92% |
| 2024 | 0.99% | 2.44% | 5.97% | -5.86% | 2.69% | -0.48% | 5.81% | 1.86% | 2.48% | -0.44% | 9.82% | -7.88% | 17.33% |
| 2023 | 6.76% | -3.66% | -2.98% | 1.45% | -4.83% | 9.24% | 4.91% | -0.86% | -3.06% | -4.53% | 7.22% | 7.94% | 17.24% |
| 2022 | -5.69% | -0.66% | 0.32% | -6.61% | 2.30% | -10.00% | 7.44% | -2.52% | -8.27% | 14.40% | 6.19% | -4.80% | -10.21% |
| 2021 | 1.02% | 6.22% | 7.26% | 4.16% | 1.55% | 1.54% | 0.43% | 5.03% | -5.16% | 4.50% | -2.22% | 4.95% | 32.62% |
Benchmark Metrics
Invesco BuyBack Achievers™ ETF has an annualized alpha of 2.33%, beta of 0.92, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since December 20, 2006.
- This ETF captured 105.65% of S&P 500 Index gains but only 98.85% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 2.33% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.92 and R2 of 0.83, 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
- 2.33%
- Beta
- 0.92
- R²
- 0.83
- Upside Capture
- 105.65%
- Downside Capture
- 98.85%
Expense Ratio
PKW has an expense ratio of 0.62%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PKW ranks 44 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 BuyBack Achievers™ ETF (PKW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PKW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.34 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.53 | -0.28 |
| Martin ratioReturn relative to average drawdown | 7.08 | 11.37 | -4.29 |
Dividends
Dividend History
Invesco BuyBack Achievers™ ETF provided a 0.89% dividend yield over the last twelve months, with an annual payout of $1.24 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.24 | $1.33 | $0.98 | $1.16 | $1.05 | $0.70 | $1.09 | $0.90 | $0.68 | $0.38 | $0.80 | $0.52 |
Dividend yield | 0.89% | 0.99% | 0.86% | 1.17% | 1.22% | 0.72% | 1.48% | 1.30% | 1.30% | 0.65% | 1.59% | 1.14% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco BuyBack Achievers™ 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 | $0.31 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.27 | $1.33 |
| 2024 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.98 |
| 2023 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.38 | $1.16 |
| 2022 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $1.05 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.18 | $0.70 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco BuyBack Achievers™ 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 BuyBack Achievers™ ETF was 54.59%, occurring on Mar 9, 2009. Recovery took 491 trading sessions.
The current Invesco BuyBack Achievers™ ETF drawdown is 0.29%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.59%Mar 2009 | 1y 9mo | 1y 11mo | 3y 8moJun 2007 - Feb 2011 |
COVID crash2020 | -40.93%Mar 2020 | 2mo 2d | 8mo 6d | 10mo 8dJan 2020 - Nov 2020 |
Bear market2022 | -23.51%Sep 2022 | 10mo 23d | 1y 2mo | 2y 1moNov 2021 - Dec 2023 |
Rate-hike selloffLate 2018 | -21.24%Dec 2018 | 10mo 29d | 3mo 23d | 1y 2moJan 2018 - Apr 2019 |
2025 selloff2025 | -20.91%Apr 2025 | 4mo 7d | 2mo 24d | 7mo 1dDec 2024 - Jul 2025 |
Drawdown Indicators
| PKW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.59% | -56.78% | +2.19% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -9.10% | +1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -18.90% | -2.01% |
Max Drawdown (5Y)Largest decline over 5 years | -23.51% | -25.43% | +1.92% |
Max Drawdown (10Y)Largest decline over 10 years | -40.93% | -33.92% | -7.01% |
Current DrawdownCurrent decline from peak | -0.29% | -2.34% | +2.05% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -10.72% | +2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.02% | +0.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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