Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM)
For informational purposes only. Not financial advice.
Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM) has a 0.35% expense ratio and $16M in assets under management. Holdings and weights below are as of Mar 15, 2026.
In the stored portfolio snapshot, the largest listed holding is Invesco 1-30 Laddered Treasury ETF (GOVI) at 12.82%, and the largest sector allocation is Healthcare at 16.0%.
Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
- Beta: 0.79
Expense Ratio
What does PSMM hold?
| Holding | Weight |
|---|---|
| Invesco 1-30 Laddered Treasury ETF (GOVI) | 12.82% |
| Invesco Taxable Municipal Bond ETF (BAB) | 11.84% |
| Invesco RAFI™ Strategic US ETF (IUS) | 9.32% |
| Invesco Fundamental Hi Yld® Corp Bd ETF (PHB) | 9.15% |
| Invesco Variable Rate Investment Grd ETF (VRIG) | 9.07% |
| Invesco S&P 500® Pure Growth ETF (RPG) | 8.27% |
| Invesco Shrt-Trm Inv Gov&Agcy Instl (AGPXX) | 7.49% |
| Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) | 6.17% |
| Invesco Russell 1000® Dynamic Mltfct ETF (OMFL) | 5.48% |
| Invesco Senior Loan ETF (BKLN) | 3.97% |
This fund data is more than 45 days old; verify current holdings with the issuer.
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Healthcare | 16.0% |
| Technology | 14.3% |
| Financial Services | 12.2% |
| Energy | 10.7% |
| Consumer Defensive | 10.6% |
| Industrials | 10.6% |
| Consumer Cyclical | 7.6% |
| Communication Services | 5.5% |
| Utilities | 5.1% |
| Basic Materials | 4.6% |
| Real Estate | 2.8% |
| Cash & Others | 0.0% |
| Country | Weight |
|---|---|
| Other | 100.0% |
Dividend Yield
- ARK Innovation ETF (ARKK) — 0.75% expense ratio
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- WisdomTree Emerging Markets ESG Fund (DVEM) — 0.32% expense ratio
- Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) — 0.59% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- Invesco Growth Multi-Asset Allocation ETF (PSMG) (Equity) — 0.32% expense ratio
- Invesco S&P SmallCap Industrials ETF (PSCI) (Equity) — 0.29% expense ratio
- Invesco Top QQQ ETF (QBIG) (Equity) — 0.38% expense ratio
- Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) (Equity) — 0.39% expense ratio
- Invesco S&P SmallCap 600 Pure Value ETF (RZV) (Equity) — 0.35% expense ratio
Questions & Answers
What is PSMM and what does it track?
The Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM) is a fund that seeks to achieve its investment objective by allocating its assets using a moderately conservative investment style.
It focuses on diversification by investing in underlying ETFs that primarily hold equity and fixed-income securities. The fund's target allocation is approximately 25%-55% in equity ETFs and 45%-75% in fixed-income ETFs.
What is the expense ratio for PSMM?
The expense ratio for the Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM) is 0.35%. This means that for every $10,000 invested in the fund, investors will pay $35 in annual fees.
While there isn't a defined category average for multi-asset allocation ETFs, this expense ratio is relatively competitive compared to actively managed funds with similar strategies.
What are the top holdings in PSMM?
As of 2026-03-15, the top holdings in the Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM) are: 1) Invesco 1-30 Laddered Treasury ETF (GOVI) — 12.82%, 2) Invesco Taxable Municipal Bond ETF (BAB) — 11.84%, 3) Invesco RAFI™ Strategic US ETF…
(IUS) — 9.32%, 4) Invesco Fundamental Hi Yld® Corp Bd ETF (PHB) — 9.15%, and 5) Invesco Variable Rate Investment Grd ETF (VRIG) — 9.07%.
Is PSMM a good long-term investment?
Whether PSMM is a suitable long-term investment depends on an individual investor's risk tolerance, investment goals, and time horizon.
The fund's moderately conservative approach, with its allocation to both equity and fixed-income ETFs, may provide a more stable investment experience compared to pure equity funds. PSMM has a 3-year beta of 0.79, indicating lower volatility than the overall market.
How does PSMM compare to similar ETFs?
PSMM differentiates itself through its specific allocation strategy within the multi-asset space, primarily utilizing Invesco ETFs. Its expense ratio of 0.35% is competitive within the broader category of actively managed allocation funds.
With AUM of $0.02 billion, PSMM is smaller than some of the larger, more established multi-asset ETFs.
Does PSMM pay dividends?
Yes, the Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM) pays dividends. As of 2026-03-15, the fund has a dividend yield of 3.44%. This yield represents the annual dividend payment as a percentage of the fund's current net asset value (NAV).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
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