Invesco Defensive Equity ETF
DEF
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Jan 2, 2009
- CIK
- 0001657201
- Similar Companies
- Business
- Invesco Defensive Equity ETF (DEF) is an exchange-traded fund that seeks investment results corresponding to the performance of the Invesco Defensive Equity Index, prior to fees and expenses. The fund provides exposure to approximately 100 U.S.-traded large-cap equity securities selected based on proprietary investment criteria emphasizing defensive characteristics, including low volatility, high dividend quality, and strong financial strength metrics developed by the index provider; holdings are equally weighted across sectors such as finance (17%), health technology (10%), consumer non-durables (9%), retail trade (8%), and electronic technology (8%), with top exposures to companies like AutoZone, Walmart, Kroger, Republic Services, and Coca-Cola. DEF primarily targets institutional and retail investors seeking broad-based, multi-factor large-cap equity strategies with lower beta (0.85) and volatility relative to the broader market. Launched on December 15, 2006, and sponsored by Invesco Ltd., headquartered in Atlanta, Georgia, the ETF operates in the U.S. equity market with net assets under management of approximately $227 million and focuses on North American securities (over 99% U.S.-domiciled), including common stocks, master limited partnerships, and American depositary receipts. The fund distributes qualified dividends quarterly, with an annual yield of around 1.45%, and maintains 101 holdings for diversification, with no single position exceeding typical equal-weight constraints. In recent developments, the ETF's underlying index transitioned from the legacy Sabrient Defensive Equity Index (previously associated with Guggenheim) to the Invesco Defensive Equity Index, reflecting Invesco's ongoing rebranding and index ownership following its acquisition of related ETF strategies; portfolio adjustments as of late February 2025 introduced new holdings such as Republic Services and Coca-Cola while trimming positions in Walmart and Kroger to optimize defensive metrics amid market volatility. These changes align with broader Invesco ETF lineup enhancements, supporting stable performance with a 3-year annualized return of 8.13% and YTD return of 2% as of recent data. No major funding rounds, acquisitions, or structural reorganizations have been reported for DEF in the last 1-2 years, maintaining its core passively managed structure.