Invesco Exchange-Traded Fund Trust II Invesco International Ultra Dividend Revenue ETF (RIDV) ETF
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Invesco Exchange-Traded Fund Trust II Invesco International Ultra Dividend Revenue ETF (RIDV) ETF Bio
The investment objective of the Oppenheimer International Ultra Dividend Revenue ETF seeks to track the FTSE Custom Developed ex US Ultra Dividend Revenue Index. The index starts with the FTSE Developed ex US Index as its parent. The fund excludes the top 5% of securities within each country by yield; excludes the top 5% of securities within each sector by dividend payout ratio; selects the top 200 securities according to the highest average of the 1-year trailing dividend yields over the past two years and re-weights those securities according to the revenue earned by those companies, subject to the same cap of 5% per company.