Invesco Food & Beverage ETF

Shareclass
Invesco Food & Beverage ETF (PBJ)
Type
Exchange-traded fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 1.5%. Assigned a grade of F.
How we track deforestation-risk investments
F
34.44%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
9
holdings flagged
34%
of assets flagged
This fund contains
 $46.05 MILLION invested 
in holdings flagged for deforestation risk
Invesco has big investments in companies like Sysco, Tyson, Hormel and Noble Group that grow, trade or use palm oil, cattle, rubber and soy in their products but have failed to eliminate deforestation from their operations. This means Invesco has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. In order to do that, Invesco needs to a No Deforestation Policy. Tell Invesco to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
3 holdings
8.15% of assets
$10.9 MILLION invested
banks
Banks and lenders
0 holdings
0% of assets
$0 invested
consumers
Major consumer brands
8 holdings
32% of assets
$42.91 MILLION invested
Commodity producers
Commodity producers
3 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
3 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Archer-Daniels Midland Co
    Soy producerPalm oil producer
    3.64%3.64% of portfolio
    $4.87M$4.87M invested
    Soy producerPalm oil producer
  • 2. Adecoagro SA
    Soy producer
    2.35%2.35% of portfolio
    $3.14M$3.14M invested
    Soy producer
  • 3. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    2.16%2.16% of portfolio
    $2.88M$2.88M invested
    Soy producerPaper/pulp producerPalm oil producer
No holdings icon
Banks and lenders
0 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
Major consumer brands
Major consumer brands
8 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
8 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Chipotle Mexican Grill Inc
    Soy major consumer brandCattle major consumer brand
    5.31%5.31% of portfolio
    $7.1M$7.1M invested
    Soy major consumer brandCattle major consumer brand
  • 2. The Kraft Heinz Co
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
    5.3%5.3% of portfolio
    $7.09M$7.09M invested
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
  • 3. Mondelez International Inc Class A
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    5.12%5.12% of portfolio
    $6.85M$6.85M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. PepsiCo Inc
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    4.88%4.88% of portfolio
    $6.53M$6.53M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. Archer-Daniels Midland Co
    Soy major consumer brandPalm oil major consumer brand
    3.64%3.64% of portfolio
    $4.87M$4.87M invested
    Soy major consumer brandPalm oil major consumer brand
View next 3
View more info
DATA AS OF 31 Jan 2024
Financial performance
Performance data provided byMorningstarFind more financial data on PBJ at Morningstar.com
Current fund
PBJ
Invesco Food & Beverage ETF
Family
Invesco
Category
Consumer Defensive
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-1.2% less in annualized returns
More invested in commodity producers 
7.43% more invested
Less invested in banks and lenders 
3.17% less invested
More invested in major consumer brands 
22% more invested
Current fund
PBJ
Invesco Food & Beverage ETF
Family
Invesco
Category
Consumer Defensive
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-1.2% less in annualized returns
More invested in commodity producers 
7.43% more invested
Less invested in banks and lenders 
3.17% less invested
More invested in major consumer brands 
22% more invested
Current fund
PBJ
Invesco Food & Beverage ETF
Family
Invesco
Category
Consumer Defensive
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-1.2% less in annualized returns
More invested in commodity producers 
7.43% more invested
Less invested in banks and lenders 
3.17% less invested
More invested in major consumer brands 
22% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PBJ - Invesco Food & Beverage ETF
-0.97%
7.89%
8.88%
7.38%
8.15% 
Benchmark
ACWI - iShares MSCI ACWI ETF
14%
6.03%
10%
8.58%
0.72% 
Fund compared to benchmark
 
-15.18%
1.86%
-1.25%
-1.2%
7.43%  higher
Find more financial data on PBJ at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco

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