Ticker: EVMT

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

Explore the potential benefits of investing in the electric vehicle (EV) metals commodity sector by allocating to EVMT.

Product details

Why invest in EVMT?

EVMT invests in commodities futures that provide exposure to the components that are most critical to the production of the EV infrastructure, specifically metals. Three reasons to consider investing in this fund include:

FAQ

Get answers to some of the top-of-mind questions regarding this product.

The emerging demand of metals from the EV industry continues to increase annually.  Consumers and governments worldwide have become more aware that EVs offer savings at the pump, improved technology, a potentially better driving experience and competitive sticker prices versus traditional fossil fuel vehicles. In response, auto manufacturers are racing to gather the necessary metals needed to ramp up EV production to meet consumer needs as well as government guidelines.  The development of this theme can provide investors an opportunity to participate in the upside potential of the EV sector by having exposure to in-demand metals needed in the infrastructure of EVs.

 

The mining industry is shifting its focus toward innovation as it deploys additional resources toward establishing new metals mines to meet EV production. Furthermore, the reorganization of existing mines to pivot toward extracting metals like cobalt, aluminum, nickel, and iron ore, is expected to help miners stay within striking distance of the rising demand within the supply chain.  As a result, as demand increases and supply attempts to keep pace, prices are expected to rise which may benefit investors in the sector.

 

When you invest in EVMT, you get exposure to the components that go into the production of the EV.

  Iron Ore Copper Aluminum Nickel Cobalt
Batteries Not Included Included Included Included Included
Interior Included Not Included Included Included Included
Drive Train & Engine Included Included Included Included Included
Wiring Not Included Included Included Not Included Not Included

For illustrative purposes only

EVMT is an actively managed ETF that takes a benchmark-aware approach to seeking long-term capital appreciation. It does this by investing in commodities futures for metals commonly used to produce electric vehicles. The fund specifically focuses on the upstream components (raw materials and supplies) of the EV global manufacturing process.

 

  • Provides exposure to a diverse basket of metals, including: cobalt, aluminum, nickel, iron ore and copper

  • EVMT's benchmark, the S&P GSCI Electric Vehicle Metals Index, rebalances semi-annually (January & July) and is based on the most used metals in the production of EVs (higher exposure to most used metals at rebalance dates)

  • Actively managed strategy that provides exposure to EV commodities, not manufacturers, that can benefit from supply/demand imbalance

  • Diversify your commodity strategy: Incorporating EV metals into your commodity allocation provides new opportunities for your portfolio that traditional commodity sectors don’t offer.

  • Serve as a complement [1]: Meshing both EVMT with our flagship commodity ETF, Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (ticker: PDBC), provides a wider net of commodities exposure. 

  • Provide portfolio enhancements: Invest in a unique part of the EV sector that has potential upside as demand for EV metals is expected to grow.

Learn more about our commodity ETFs

EVMT is part of our broader commodities suite that includes:

  • Commodities

    PDBC

    ETF

    Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

    Alternative
  • Commodities

    DBC

    ETF

    Invesco DB Commodity Index Tracking Fund

    Alternative

Footnotes

  • 1

    This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial professional before making any investment decisions.