Invesco Global Revenue ETF (RGLB) is an exchange-traded fund that seeks to track the investment results, before fees and expenses, of the Invesco Revenue Weighted Global Index. The fund generally invests at least 90% of its total assets in securities comprising the underlying index, including American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the index; the underlying index measures the equity market performance of developed and emerging markets using a revenue-weighted methodology. This non-diversified ETF provides investors with exposure to global equities reweighted by revenue rather than market capitalization, targeting companies across various sectors in regions including North America, Europe, Asia-Pacific, and emerging markets.
The ETF was reorganized into Invesco's product lineup in May 2019 as part of the tax-free acquisition and merger of OppenheimerFunds ETFs into corresponding Invesco ETFs, transitioning from Oppenheimer Global Revenue ETF to its current form under Invesco Exchange-Traded Fund Trust II. No significant partnerships, funding rounds, new product launches, or operational expansions specific to RGLB have been reported in the last 1-2 years; however, Invesco Ltd., the fund sponsor headquartered in Atlanta, Georgia, continues to evolve its broader ETF platform with recent inflows into ETFs and strategic growth in areas like fixed income and alternatives. The fund operates globally, listing on U.S. exchanges such as BATS, and serves institutional and retail investors seeking revenue-focused international equity strategies.