Zacks Investment ResearchT3·58mo ago
IMFL Invesco International Developed Dynamic Multifactor ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
IMFL
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Key stats
About
Invesco International Developed Dynamic Multifactor ETF (IMFL) ETF
No description available.
- Exchange
- BATS
- Inception
- 2021-02-24
- Has Options
- No
Fund profile
holdings as of Oct 19, 2026issuer datathrough May 2026flows, SEC filings
- Expense ratio
- 0.34% prospectus, filed Dec 18, 2025
- Assets
- $1.0B SEC filing, May 31, 2026
- Trailing yield
- 3.44% paid quarterly
- Average daily volume
- $2.2M 30 sessions
- Holdings
- 1,169 top 10 are 20.2%
- Listed
- Feb 24, 2021 Cboe BZX
- Tracking difference
- -0.59 pts vs index, after fees, FY 2025
Cost71
Liquidity44
Scale74
Diversification100
Moves with. US large-cap stocks (42% of its variance, beta 0.80); Developed markets ex-US over US (22% of its variance, beta 0.72); Emerging markets over US (14% of its variance, beta 0.20); Gold (4% of its variance, beta 0.05). These factors explain 86% of its daily moves over the last year.
Stated objective. The Invesco International Developed Dynamic Multifactor ETF (the Fund) seeks to track the investment results (before fees and expenses) of the FTSE Developed ex US Invesco Dynamic Multifactor Index (the Underlying Index). (from the fund's prospectus)
All 1,169 holdingsFlow historySimilar fundsOverlap toolAll Developed ex-US ETFs
Fund flows
through May 2026SEC filings- May 2026
- −$8.6M latest reported month
- Latest 3 months
- +$35M +3.4% of assets
- Latest 12 months
- +$286M +28.2% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$8.6M |
| Apr 2026 | +$44M |
| Mar 2026 | −$699K |
| Feb 2026 | +$196M |
| Jan 2026 | $0 |
| Dec 2025 | −$7.4M |
| Nov 2025 | $0 |
| Oct 2025 | +$54M |
| Sep 2025 | −$2.7M |
| Aug 2025 | $0 |
| Jul 2025 | $0 |
| Jun 2025 | +$11M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 64 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| SCHFSchwab International Equity ETF | 67% | 0.03% | $67.5B | +14.5% | compare |
| HFXINYLIM FTSE International Equity Currency Neutral ETF | 67% | 0.20% | $2.3B | +15.1% | compare |
| EFAiShares MSCI EAFE ETF | 64% | 0.32% | $76.9B | +9.7% | compare |
| GSIDGoldman Sachs MarketBeta International Equity ETF | 64% | 0.20% | $977M | +10.9% | compare |
| VEAVanguard FTSE Developed Markets ETF | 64% | 0.03% | $228.8B | +14.9% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 19, 2026issuer data- Insider buying
- 0% of weight had net insider buying, 90 days; 1% net selling
- Reporting earnings
- 2.8% of weight in 7 days; 9.0% in 14
Holdings reporting in the next 14 days · weighted implied move this week 0.22%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | Samsung Electronics Co., Ltd. | — | 6.40% | — |
| Increase | SKSK hynix Inc. | 0.48% | 4.26% | +2033.2% |
| New position | NVSNovartis AG | — | 2.71% | — |
| New position | Roche Holding AG | — | 2.66% | — |
| New position | Nestle S.A. | — | 2.52% | — |
| Increase | RYDAFShell PLC | 0.02% | 2.40% | +48933.0% |
| New position | Investor AB | — | 1.77% | — |
| Decrease | SK Square Co., Ltd. | 1.40% | 0.02% | −96.9% |
| New position | TTETotalEnergies SE | — | 1.28% | — |
| New position | ABLZFABB Ltd. | — | 1.28% | — |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.7%. Full holdings and history
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 3 active of 28 with agreements; top 3 did 100%
- Created · redeemed
- $123M · $50M over the fiscal year
- Redemptions in kind
- 95% creations 91% in kind
- Creation unit
- 50,000 shares
- Securities lending
- 2.09% of assets on loan on average; earned 1.0 bp
- Return vs index
- -0.59 pts after fees; -0.22 before; daily s.d. 14.87
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-05-31
Holdings
874
AUM
$1.1B
Provider
Nport
Inception
2021-02-24
Exchange
BATS
Data As Of
2026-05-31
Expense Ratio
0.34%
Dividend Yield
3.44%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-21 | 2026-09-25 | $0.3854 | CD |
| 2026-06-22 | 2026-06-26 | $0.2047 | CD |
| 2026-03-23 | 2026-03-27 | $0.2969 | CD |
| 2025-12-22 | 2025-12-26 | $0.2662 | CD |
| 2025-09-22 | 2025-09-26 | $0.2250 | CD |
| 2025-06-23 | 2025-06-27 | $0.2082 | CD |
Asset Allocation
Top Holdings
top 50 of 874 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | Samsung Electronics Co., Ltd. | 6.40% | Equity (common) | KR |
| — | SK hynix Inc. | 4.26% | Equity (common) | KR |
| — | Invesco Private Prime Fund | 3.14% | Short-term investment | US |
| NVS | Novartis AG | 2.71% | Equity (common) | CH |
| — | Roche Holding AG | 2.66% | Equity (common) | CH |
| — | Nestle S.A. | 2.52% | Equity (common) | CH |
| RYDAF | Shell PLC | 2.40% | Equity (common) | GB |
| — | Investor AB | 1.77% | Equity (common) | SE |
| TTE | TotalEnergies SE | 1.28% | Equity (common) | FR |
| ABBNY | ABB Ltd. | 1.28% | Equity (common) | CH |
| SAXJY | Sanofi | 1.24% | Equity (common) | FR |
| — | Invesco Private Government Fund | 1.22% | Short-term investment | US |
| SAP | SAP SE | 1.21% | Equity (common) | DE |
| — | 3i Group PLC | 1.17% | Equity (common) | GB |
| SAFRF | Safran | 1.16% | Equity (common) | FR |
| IBRRF | Iberdrola, S.A. | 1.13% | Equity (common) | ES |
| DTEGF | Deutsche Telekom AG | 1.10% | Equity (common) | DE |
| AZN | AstraZeneca PLC | 1.01% | Equity (common) | GB |
| — | Sampo OYJ | 1.01% | Equity (common) | FI |
| NVO | Novo Nordisk A/S | 0.96% | Equity (common) | DK |
| — | BHP Group Ltd. | 0.96% | Equity (common) | AU |
| — | Koninklijke Ahold Delhaize N.V. | 0.95% | Equity (common) | NL |
| TSCDF | Tesco PLC | 0.95% | Equity (common) | GB |
| — | Kia Corp. | 0.85% | Equity (common) | KR |
| ASML | ASML Holding N.V. | 0.81% | Equity (common) | NL |
| AIQUF | Air Liquide S.A. | 0.74% | Equity (common) | FR |
| SBGSF | Schneider Electric SE | 0.74% | Equity (common) | FR |
| — | Industria de Diseno Textil S.A. | 0.73% | Equity (common) | ES |
| RIO | Rio Tinto PLC | 0.71% | Equity (common) | GB |
| SSNGY | Samsung Electronics Co., Ltd. | 0.70% | Equity (preferred) | KR |
| — | L'Oreal | 0.70% | Equity (common) | FR |
| MSBHF | Mitsubishi Corp. | 0.68% | Equity (common) | JP |
| UL | Unilever PLC | 0.68% | Equity (common) | GB |
| BTI | British American Tobacco PLC | 0.63% | Equity (common) | GB |
| — | QBE Insurance Group Ltd. | 0.61% | Equity (common) | AU |
| — | Shin-Etsu Chemical Co., Ltd. | 0.59% | Equity (common) | JP |
| VCISF | Vinci S.A. | 0.55% | Equity (common) | FR |
| RWEOY | RWE AG | 0.54% | Equity (common) | DE |
| — | Wesfarmers Ltd. | 0.53% | Equity (common) | AU |
| GSK | GSK PLC | 0.52% | Equity (common) | GB |
| IFCZF | Intact Financial Corp. | 0.52% | Equity (common) | CA |
| — | Hyundai Mobis Co., Ltd. | 0.50% | Equity (common) | KR |
| IVSBF | Investor AB | 0.48% | Equity (common) | SE |
| — | Rio Tinto Ltd. | 0.48% | Equity (common) | AU |
| — | Industrivarden AB | 0.45% | Equity (common) | SE |
| — | EXOR N.V. | 0.44% | Equity (common) | NL |
| — | Mitsui & Co., Ltd. | 0.42% | Equity (common) | JP |
| MIELF | Mitsubishi Electric Corp. | 0.41% | Equity (common) | JP |
| — | Medibank Private Ltd. | 0.40% | Equity (common) | AU |
| BAESF | BAE Systems PLC | 0.39% | Equity (common) | GB |
Geographic Breakdown
Non-Equity Breakdown
Invesco International Developed Dynamic Multifactor ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-30)
Net assets:
$1.01B
· 874 total positions
· equity 99.50%
· non-equity 4.38%
Non-equity holdings
— 3 positions,
4.38% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 4.38% | $44.3M | 3 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -7.06% | 8.88% | -1.08% | 4.51% | 5.91% | 2.23% |
| Feb | -2.68% | -3.00% | -3.16% | 0.24% | 3.18% | 8.80% | 0.56% |
| Mar | 3.20% | 1.58% | 3.89% | 1.29% | -3.07% | -7.51% | -0.10% |
| Apr | 1.12% | -5.90% | 3.34% | -1.65% | 4.91% | 3.80% | 0.94% |
| May | 2.26% | 2.05% | -3.39% | 4.13% | 3.87% | 4.30% | 2.20% |
| Jun | -2.77% | -10.78% | 2.99% | -5.06% | 1.65% | -1.46% | -2.57% |
| Jul | -0.67% | 3.44% | 3.84% | 2.88% | -1.39% | 1.32% | 1.57% |
| Aug | 1.12% | -6.52% | -2.17% | 5.63% | 2.46% | 2.00% | 0.42% |
| Sep | -4.54% | -8.53% | -3.61% | -0.62% | 1.37% | -3.24% | -3.19% |
| Oct | 1.88% | 2.75% | -2.62% | -4.59% | 2.68% | 1.12%* | 0.20% |
| Nov | -6.46% | 11.89% | 7.56% | 0.78% | 0.17% | -- | 2.79% |
| Dec | 4.50% | -1.03% | 2.96% | -4.16% | 3.22% | -- | 1.10% |
| Total | -3.58% | -21.04% | 18.94% | -2.81% | 25.89% | 14.97% | 5.40% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $33.38
SMA 50: $34.16
SMA 200: $33.45
Current: $33.55
EMA 12: $33.36
EMA 26: $33.58
MACD: -0.2204 | Signal: 0.0655
BEARISH
ADX (14): 30.81
TREND
+DI: 28.67
−DI: 18.85
Momentum Oscillators
RSI (14): 49.11
NEUTRAL
Stoch %K: 34.93
Stoch %D: 30.24
Williams %R: -58.95
Volume & Volatility
BB Upper: $33.86
BB Lower: $32.90
NEUTRAL
OBV: 3,761,389
Vol SMA 20: 84,595
Vol ROC: 909.72%
ATR: $0.47
True Range: $0.23
HV 20: 9.1%
HV 30: 11.5%
HV 60: 13.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10
Key Drivers:
- Technical indicators suggest a neutral momentum, with MACD signaling bullish momentum
- RSI is neutral, indicating no clear overbought or oversold conditions
- Bollinger Bands are neutral, indicating no strong trends or patterns
Primary Risks:
- Low volatility may indicate limited market participation and potential for sharp price movements
- No recent news headlines available, which may impact sentiment and trading activity
Investment Thesis: IMFL's current price is hovering around its long-term trend line, suggesting a possible consolidation phase. The neutral momentum and low volatility suggest that the stock may be poised for a breakout or breakdown in the near term.
Recent News Sentiment Impact: None available due to lack of recent news headlines.
Technical Analysis
Trend Direction:
- Short-term: Neutral (1-4 weeks)
- Medium-term: Neutral (1-3 months)
- Long-term: Bullish (3-12 months)
Support/Resistance Levels:
- Upper Bollinger Band: $28.72
- Lower Bollinger Band: $27.10
Momentum Signals:
- MACD signal line crossovers above the signal line indicate bullish momentum.
- RSI is neutral, indicating no clear overbought or oversold conditions.
Volume Analysis:
- Volume SMA 20: 135512.40
- On-Balance Volume (OBV): 2791996.00
News & Sentiment Analysis
Recent Headlines Summary: None available
Sentiment Assessment: Neutral
Catalyst Identification: No recent news headlines available
Market Narrative: The lack of recent news headlines and neutral momentum suggest that IMFL is in a consolidation phase, waiting for a catalyst to break the trend.
Risk & Volatility Assessment
Beta Interpretation:
- Beta: 0.48 (vs SPY) - indicating low risk relative to market
Volatility Regime:
- Current volatility level: Low
- Historical volatility level: Low
Options Market Signals:
- IV rank: N/A
- Put/call ratios: N/A
Downside Protection:
- Lower Bollinger Band: $27.10
- Support levels: None available
Market Context & Positioning
Sector Performance:
- Relative strength vs sector/market: Neutral
Institutional Activity:
- Volume patterns suggesting institutional interest: None available
Correlation Analysis:
- R-squared interpretation: Low correlation with market (0.62)
Relative Valuation:
- Position within trading range: Neutral
Key Levels & Action Items
Critical Price Levels:
- Upper Bollinger Band: $28.72
- Lower Bollinger Band: $27.10
Breakout/Breakdown Levels:
- None available due to lack of recent news headlines and neutral momentum.
Time-Sensitive Catalysts:
- Earnings date: N/A
- Product launch: N/A
Risk Management:
- Stop-loss levels: None available
- Position sizing considerations: None available
Generated
News
All IMFL news →
Seeking AlphaT3·59mo ago
IMFL Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.9628
Alpha: 3.61%
Correlation: 0.7129
R-Squared: 50.8%
Stock Volatility: 17.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
IMFL Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|