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HBRD ETF · Invesco U.S. Hybrid Bond ETF
The HBRD Exchange Traded Fund (ETF) is provided by Invesco. It is built to track an index: ICE USD Developed Markets Corporate Ex-Banks Hybrid Bond 4.85% Constrained Index. The HBRD ETF provides physical exposure, so by buying it you actually own parts of all the 163 underlying holdings. This share class generates a stream of income by distributing dividends.
Real-time data unavailable for HBRD
LIVE
CLOSED
This fund is part ofIntl IG Bonds1M perf.-2.19%
Last price
N/A
1M perf.
-2.53%
1M flows
N/A
AuM
€13M
E/R
0.4%
Rating
Not rated
ESG Consensus®
HBRD
N/A
Performance & flows
Segment for quartile rank
February 26, 2026 → March 30, 2026
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HBRD
$24.19
-3.02%
Intl IG Bonds
-2.01%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -2.53%  | N/A | N/A | N/A | N/A | -2.78% | N/A | -3.07%  | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/30/2026
$24.19
1D NAV change
+0.12%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
163
Inception date
2/25/2026
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
ICE USD Developed Markets Corporate Ex-Banks Hybrid Bond 4.85% Constrained Index
Asset class
Factors
N/A
Investment strategy
The Invesco U.S. Hybrid Bond ETF (the “Fund”) seeks to track the investment results (before fees and expenses) of the ICE USD Developed Markets Corporate Ex-Banks Hybrid Bond 4.85% Constrained Index (the “Underlying Index”).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
Segment for quartile rank
Historical risk/return profile
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
67.40%
Canada
14.09%
Japan
9.28%
United Kingdom
3.24%
Germany
2.79%
Australia
1.00%
Other
2.18%
Sectors
Insurance and reinsurance
28.22%
Power
23.53%
Pipelines
10.30%
Communication services
7.29%
Fmcg-retail
2.38%
Real estate investment and services
1.54%
Media
1.06%
Unavailable
23.16%
Other
2.51%
Diversification
Total weight of top 15 holdings out of 163
Top 15 holdings
Data as of February 28, 2026
CVS Health, 7% 10mar2055, USD (A)
Vodafone Group, 7% 4apr2079, USD
Meiji Yasuda Life Insurance, 6.1% 11jun2055, USD
Southern Co., 6.375% 15mar2055, USD (2025B)
Meiji Yasuda Life Insurance, 5.8% 11sep2054, USD
TransCanada PipeLines, 5.3% 15mar2077, USD (2017-A)
US02557TAE91
US02557TAF66
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US25746UDZ93
Bell Canada, 7% 15sep2055, USD
Sumitomo Life Insurance, 4% 14sep2077, USD
NextEra Energy Capital Holdings, 6.375% 15aug2055, USD (S)
Scentre Group Trust 2, 5.125% 24sep2080, USD
Munich Reinsurance Company (Munich Re), 5.875% 23may2042, USD
Dominion Energy, 6.625% 15may2055, USD (C)
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
ICE USD Developed Markets Corporate Ex-Banks Hybrid Bond 4.85% Constrained Index - USD
Index ticker
CIDMC Index
Index dividend policy
NTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise
Issuer
Invesco
Invesco ID Card
Number of funds
633
Total AuM
€810.89B
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.356%
Top 5 funds by Invesco
| AuM | ||
|---|---|---|
QQQ | Invesco QQQ ETF | €314.13B |
RSP | Invesco S&P 500® Equal Weight ETF | €72.82B |
QQQM | Invesco NASDAQ 100 ETF | €58.04B |
SPXS | Invesco S&P 500 UCITS ETF | €28.88B |
SGLD | Invesco Physical Gold USD ETC | €25.13B |
Frequently asked questions about HBRD
What does Invesco U.S. Hybrid Bond ETF, HBRD, invest in?
HBRD is a Passive ETF. This ETF provides exposure to Developed markets Investment Grade Corporate Bonds, excluding Banks.
Which benchmark or index does HBRD replicate?
HBRD tracks the ICE USD Developed Markets Corporate Ex-Banks Hybrid Bond 4.85% Constrained Index - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of HBRD?
HBRD carries a total expense ratio (TER) of 0.4%, indicating the annual cost for holding the fund.
When was HBRD launched?
HBRD was introduced to the market on February 25, 2026. It trades on United States
Who is the ETF issuer of HBRD?
Invesco U.S. Hybrid Bond ETF, HBRD, is provided by Invesco. Learn more about Invesco here.
What is the current assets under management (AUM) of HBRD?
HBRD oversees €13M in assets as of March 30, 2026.
How has HBRD performed lately?
Based on data from March 30, 2026, HBRD returned -2.53% over the past month.
Does HBRD distribute dividends?
HBRD follows a distributing dividend policy, meaning it pays out income to investors.
What are the main country or region exposures of HBRD?
As of February 28, 2026, HBRD has significant geographic allocations in USA, Canada and Japan.
In which sector or theme does HBRD invest in?
As of February 28, 2026, HBRD focuses largely on Insurance and reinsurance, Power and Pipelines.
How many securities does HBRD hold and how diversified is it?
As of February 28, 2026, HBRD holds 163 positions in its portfolio, with 18.39% of assets concentrated in its top 15 holdings.
What are the main positions in HBRD?
As of February 28, 2026, HBRD top three holdings include CVS Health, 7% 10mar2055, USD (A), Vodafone Group, 7% 4apr2079, USD and Meiji Yasuda Life Insurance, 6.1% 11jun2055, USD.
What is the base currency of HBRD?
The base currency of HBRD is USD.
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