INVG GMO Systematic Investment Grade Credit ETF

ETF

ETF 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.

INVG — —
Key stats
About

GMO Systematic Investment Grade Credit ETF (INVG) ETF

No description available.

Exchange
ARCX
Inception
2025-06-03
Has Options
No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
Expense ratio
0.25%
prospectus, filed Jun 30, 2026
Assets
$28M
SEC filing, May 31, 2026
Trailing yield
5.09%
paid monthly
Average daily volume
$25K
30 sessions
Holdings
131
top 10 are 10.0%
Listed
Jun 3, 2025
NYSE Arca
Closure risk, 12 months
11%
elevated: trading volume, age · model
FrenzyCap ETF score
40
how it is built
Cost55
Liquidity0
Scale6
Diversification100

Moves with. Long Treasuries (63% of its variance, beta 0.38); US large-cap stocks (10% of its variance, beta 0.08). These factors explain 79% of its daily moves over the last year.

Stated objective. Total return in excess of the Bloomberg U.S. Corporate Index. (from the fund's prospectus)

All 131 holdingsFlow historyOverlap toolAll Investment-Grade Corporate ETFs

Fund flows
through May 2026SEC filings
May 2026
$0
latest reported month
Latest 3 months
+$3.8M
+13.6% of assets
Latest 12 months
+$28M
+100.6% of assets
Jun 2025: +$6.2M+$6.2MJul 2025: +$1.3MJulAug 2025: −$1.3MSep 2025: +$5.2MSepOct 2025: +$3.9MNov 2025: +$5.2MNovDec 2025: −$1.3M−$1.3MJan 2026: +$5.2MJanFeb 2026: $0Mar 2026: +$1.3MMarApr 2026: +$2.5MMay 2026: $0May
View as a table
Net flows of INVG by month, Jun 2025 to May 2026
MonthNet flow
May 2026$0
Apr 2026+$2.5M
Mar 2026+$1.3M
Feb 2026$0
Jan 2026+$5.2M
Dec 2025−$1.3M
Nov 2025+$5.2M
Oct 2025+$3.9M
Sep 2025+$5.2M
Aug 2025−$1.3M
Jul 2025+$1.3M
Jun 2025+$6.2M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 12 months ago

Similar funds
FundOverlapFeeAssets1Y
VCITVanguard Intermediate-Term Corporate Bond ETF—0.03%$67.7B−6.5%compare
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF—0.14%$28.5B−8.0%compare
IGIBiShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF—0.04%$18.8B−6.6%compare
USIGiShares Broad USD Investment Grade Corporate Bond ETF—0.04%$17.6B−6.4%compare
SPIBState Street SPDR Portfolio Intermediate Term Corporate Bond ETF—0.04%$11.3B−4.5%compare

The largest other funds in the Investment-Grade Corporate category.

Under the hood
fiscal year to Feb 28, 2026SEC census
Authorized participants
3 active
of 11 with agreements; top 3 did 100%
Created · redeemed
$22M · $3.9M
over the fiscal year
Redemptions in kind
99%
creations 90% in kind
Creation unit
50,000
shares
Securities lending
authorized, none lent

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 2027-02-28
Holdings
131
AUM
$27.8M
Provider
Nport
Inception
2025-06-03
Exchange
ARCX
Data As Of
2027-02-28
Expense Ratio
0.25%
Dividend Yield
5.09%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-30 2026-10-01 $0.1000 CD
2026-08-31 2026-09-01 $0.1000 CD
2026-07-31 2026-08-03 $0.1179 CD
2026-06-30 2026-07-01 $0.0973 CD
2026-05-29 2026-06-01 $0.1091 CD
2026-04-30 2026-05-01 $0.0873 CD
Asset Allocation
Top Holdings
top 50 of 131 holdings
Symbol Name Weight % Asset Class Country
— MARRIOTT INTERNATIONAL 1.01% Debt US
— FEDEX CORP 1.01% Debt US
— DIAMONDBACK ENERGY INC 1.00% Debt US
— MAREX GROUP PLC 1.00% Debt GB
— MARRIOTT INTERNATIONAL 1.00% Debt US
— TEXAS INSTRUMENTS INC 1.00% Debt US
— MARVELL TECHNOLOGY INC 1.00% Debt US
— TEXAS INSTRUMENTS INC 1.00% Debt US
— PINNACLE BANK TN 0.99% Debt US
— MARVELL TECHNOLOGY INC 0.99% Debt US
— TORONTO-DOMINION BANK 0.99% Debt CA
— AMERICAN ASSETS TRUST LP 0.99% Debt US
— PINNACLE FINANCL PARTNRS 0.99% Debt US
— HONEYWELL INTERNATIONAL 0.99% Debt US
— NORDSON CORP 0.99% Debt US
— ALTRIA GROUP INC 0.99% Debt US
— CANADIAN IMPERIAL BANK 0.98% Debt CA
— ANALOG DEVICES INC 0.98% Debt US
— ANALOG DEVICES INC 0.98% Debt US
— WESTLAKE CORP 0.98% Debt US
— VODAFONE GROUP PLC 0.98% Debt GB
— MAREX GROUP PLC 0.98% Debt GB
— HOST HOTELS & RESORTS LP 0.97% Debt US
— BAT CAPITAL CORP 0.95% Debt US
— State Street Global Advisors 0.94% Short-term investment US
— OCCIDENTAL PETROLEUM COR 0.92% Debt US
— DOW CHEMICAL CO/THE 0.91% Debt US
— LYB INT FINANCE III 0.91% Debt US
— LYB INT FINANCE III 0.91% Debt US
— TAPESTRY INC 0.90% Debt US
— VERIZON COMMUNICATIONS 0.90% Debt US
— HALLIBURTON CO 0.89% Debt US
— OVINTIV INC 0.89% Debt US
— TAKEDA PHARMACEUTICAL 0.89% Debt JP
— VALERO ENERGY CORP 0.89% Debt US
— TAPESTRY INC 0.88% Debt US
— MASTEC INC 0.88% Debt US
— CENTENE CORP 0.88% Debt US
— MYLAN INC 0.87% Debt US
— TARGA RESOURCES CORP 0.87% Debt US
— HELMERICH & PAYNE INC 0.87% Debt US
— OCCIDENTAL PETROLEUM COR 0.87% Debt US
— UTAH ACQUISITION SUB 0.87% Debt US
— AEP TEXAS INC 0.87% Debt US
— CORNING INC 0.87% Debt US
— POLARIS INC 0.87% Debt US
— DOW CHEMICAL CO/THE 0.87% Debt US
— APPLIED MATERIALS INC 0.87% Debt US
— TARGA RESOURCES CORP 0.87% Debt US
— BIOGEN INC 0.87% Debt US
Non-Equity Breakdown
GMO Systematic Investment Grade Credit ETF · NPORT-P period 2026-05-31 (filed 2026-07-29)
Net assets: $28M · 131 total positions · equity 0.00% · non-equity 99.14%
Non-equity holdings — 131 positions, 99.14% of NAV
Category Weight Value Positions
Corporate 92.92% $26.0M 124
Debt 5.28% $1.5M 6
Short-term investment 0.94% $263501 1
Chart
Seasonality
Month'25'26Avg
Jan--0.25%0.25%
Feb--1.13%1.13%
Mar---1.95%-1.95%
Apr--0.16%0.16%
May--0.24%0.24%
Jun1.39%-0.06%0.66%
Jul-0.43%-2.07%-1.25%
Aug-0.27%-0.23%-0.25%
Sep1.58%-2.89%-0.66%
Oct-0.40%0.43%*0.01%
Nov0.78%--0.78%
Dec-0.71%---0.71%
Total1.93%-4.95%-1.51%
* Only 2 year(s) of data available.
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: $24.37
SMA 50: $24.70
SMA 200: $25.30
Current: $24.22
EMA 12: $24.24
EMA 26: $24.41
MACD: -0.1729 | Signal: 0.0067
BEARISH
ADX (14): 30.00
TREND
+DI: 31.76
−DI: 46.57

Momentum Oscillators

RSI (14): 37.23
NEUTRAL
Stoch %K: 29.17
Stoch %D: 24.93
Williams %R: -67.75

Volume & Volatility

BB Upper: $24.85
BB Lower: $23.88
NEUTRAL
OBV: -216,500
Vol SMA 20: 1,062
Vol ROC: 89.69%
ATR: $0.08
True Range: $0.01
HV 20: 6.0%
HV 30: 5.6%
HV 60: 5.2%

Data Summary

Data Points: 340
Last Updated:
Date Range: 2025-06-04T00:00:00 – 2026-10-09T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

INVG 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:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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 side

Which 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 —

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: 0.1643
Alpha: -8.98%
Correlation: 0.4391
R-Squared: 19.3%
Stock Volatility: 4.9%
Market Volatility: 13.0%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

INVG Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional 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.

6 filers902,034 shares$22.91M value
# Filer Shares Value % of Total % of Float Period
1 Grantham, Mayo, Van Otterloo & Co. LLC 600,534 $15.25M 66.58% — 2026-06-30
2 Goldman Sachs Group Inc Custodian 191,023 $4.85M 21.18% — 2026-06-30
3 State of New Jersey Common Pension Fund D 85,000 $2.16M 9.42% — 2026-06-30
4 Jane Street Group, LLC Custodian 15,409 $391.42K 1.71% — 2026-06-30
5 Citadel Advisors LLC Custodian 10,065 $255.67K 1.12% — 2026-06-30
6 UBS Group AG Custodian 3 $76 <0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month