Invesco S&P SmallCap Momentum ETF XSMO Strategy

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 Momentum Index (the "underlying index"). Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is composed of constituents of the S&P SmallCap 600® Index that have the highest "momentum score." Under normal circumstances, the fund will invest at least 80% of the value of its net assets, in the components of the underlying index and in derivatives and other investments that have economic characteristics similar to the components of the underlying index.