0001193125-18-283778.txt : 20180926 0001193125-18-283778.hdr.sgml : 20180926 20180926142113 ACCESSION NUMBER: 0001193125-18-283778 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 17 FILED AS OF DATE: 20180926 DATE AS OF CHANGE: 20180926 EFFECTIVENESS DATE: 20180926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESCO EXCHANGE-TRADED FUND TRUST CENTRAL INDEX KEY: 0001209466 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-102228 FILM NUMBER: 181087620 BUSINESS ADDRESS: STREET 1: 3500 LACEY ROAD STREET 2: SUITE 700 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 BUSINESS PHONE: 800-983-0903 MAIL ADDRESS: STREET 1: 3500 LACEY ROAD STREET 2: SUITE 700 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 FORMER COMPANY: FORMER CONFORMED NAME: POWERSHARES EXCHANGE TRADED FUND TRUST DATE OF NAME CHANGE: 20021210 0001209466 S000003049 Invesco S&P 500 Quality ETF C000008316 Invesco S&P 500 Quality ETF SPHQ 0001209466 S000060802 Invesco Dow Jones Industrial Average Dividend ETF C000197618 Invesco Dow Jones Industrial Average Dividend ETF DJD 497 1 d625948d497.htm 497 497

 

LOGO

     

Invesco ETFs

3500 Lacey Road, Suite 700

Downers Grove, IL 60515

September 26, 2018

VIA EDGAR

Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

 

Re:

Invesco Exchange-Traded Fund Trust

 

1933 Act Registration No. 333-102228

 

1940 Act Registration No. 811-21265

 

CIK: 0001209466

Ladies and Gentlemen:

On behalf of Invesco Exchange-Traded Fund Trust (the “Trust”), we are transmitting for electronic filing under the Securities Act of 1933, as amended (the “Securities Act”), and Rule 497(e) thereunder, and the Investment Company Act of 1940, as amended, exhibits containing eXtensible Business Reporting Language (“XBRL”) interactive data format risk/return summary information that mirrors the risk/return summary information contained in the prospectuses dated August 28, 2018, both supplemented September 21, 2018, and filed pursuant to Rule 497(e) under the Securities Act relating to the following portfolios of the Trust: Invesco Dow Jones Industrial Average Dividend ETF and Invesco S&P 500® Quality ETF.

The purpose of this filing is to submit the data in XBRL format for Invesco Dow Jones Industrial Average Dividend ETF and Invesco S&P 500® Quality ETF.

Very truly yours,

Invesco Exchange-Traded Fund Trust

/s/ Stacie Lamb

Stacie Lamb

Counsel

Invesco Capital Management LLC

800 983 0903     invesco.com     @Invesco

EX-101.INS 2 ietft-20180921.xml XBRL INSTANCE DOCUMENT 0001209466 2018-08-28 2018-08-28 0001209466 ietft:S000060802Member 2018-08-28 2018-08-28 0001209466 ietft:S000060802Member ietft:C000197618Member 2018-08-28 2018-08-28 0001209466 ietft:S000003049Member 2018-08-28 2018-08-28 0001209466 ietft:S000003049Member ietft:C000008316Member 2018-08-28 2018-08-28 pure iso4217:USD 2018-08-28 497 2018-04-30 INVESCO EXCHANGE-TRADED FUND TRUST 0001209466 false 2018-09-21 2018-09-21 <center><b>INVESCO EXCHANGE-TRADED FUND TRUST<br/><br/>SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE<br/>PROSPECTUS DATED AUGUST 28, 2018, OF:<br/><br/>Invesco Dow Jones Industrial Average Dividend ETF<br/><br/>Important Notice Regarding a Change to the Unitary Management Fee of<br/>Invesco Dow Jones Industrial Average Dividend ETF (the "Fund")</b></center><br/>At a meeting held on September&nbsp;21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the annual unitary management fee of the Fund to 0.07% of the Fund&#146;s average daily net assets, effective September&nbsp;24, 2018. Accordingly, the Prospectus is revised as follows: <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the first paragraph and table included under the section titled &#147;Fund Fees and Expenses&#148; on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; ">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (&#147;Shares&#148;). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.</p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="95%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top" colspan="4" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Annual Fund Operating Expenses</b></div></td> <td valign="top" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; "><b>&nbsp;</b></div></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>(expenses that you pay each year as a percentage of the value of your investment)</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management Fees<sup>(1)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.07</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses<sup>(1)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.07</td> <td valign="bottom">%&nbsp;</td></tr> <tr style=""> <td height="8"></td> <td height="8" colspan="4"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; ">(1)&#8194;&#8201;&#8202;Effective September&nbsp;24, 2018, Invesco Capital Management LLC (the &#147;Adviser&#148;) has contractually reduced the Fund&#146;s unitary management fee from 0.30% to 0.07%. &#147;Management Fees&#148; and &#147;Total Annual Fund Operating Expenses&#148; have been restated to reflect current fees.</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the information included under the section titled &#147;Example&#148; on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:4%; ">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. </p> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:4%; ">This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#146;s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="25%"></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" style="border-bottom:1px solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000">&nbsp;&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">$7</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$23</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$40</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$90</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td></tr> </table> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (&#8220;Shares&#8221;). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. <b>Annual Fund Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. <br/><br/> This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. Effective September 24, 2018, Invesco Capital Management LLC (the &#8220;Adviser&#8221;) has contractually reduced the Fund&#8217;s unitary management fee from 0.30% to 0.07%. &#8220;Management Fees&#8221; and &#8220;Total Annual Fund Operating Expenses&#8221; have been restated to reflect current fees. 0.0007 0 0.0007 7 23 40 90 <center><b>INVESCO EXCHANGE-TRADED FUND TRUST<br/><br/>SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE<br/>PROSPECTUS DATED AUGUST 28, 2018, OF:<br/><br/>Invesco S&amp;P 500<sup>&#174;</sup> Quality ETF<br/><br/>Important Notice Regarding a Change to the Advisory Fee of<br/>Invesco S&amp;P 500<sup>&#174;</sup> Quality ETF (the "Fund")</b></center><br/>At a meeting held on September&nbsp;21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the advisory fee of the Fund to 0.15% of the Fund&#146;s average daily net assets, effective September&nbsp;24, 2018. Accordingly, the Prospectus is revised as follows:<p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the first paragraph and table included under the section titled &#147;Fund Fees and Expenses&#148; on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:6%; ">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (&#147;Shares&#148;). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.</p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="93%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top" colspan="4" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Annual Fund Operating Expenses</b></div></td> <td valign="top" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; "><b>&nbsp;</b></div></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>(expenses that you pay each year as a percentage of the value of your investment)</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management Fees<sup>(1)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.15%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.08%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.23%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Fee Waivers and Expense Assumption<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.08%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.15%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style=""> <td height="16" colspan="5"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" colspan="4"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; ">(1)&#8194;&#8201;&#8202;Effective September&nbsp;24, 2018, the Adviser has contractually reduced the Fund&#146;s management fee from 0.29% to 0.15%. &#147;Management Fees&#148; has been restated to reflect current fees.</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; ">&#8194;&#8201;&#8202;&nbsp;</div></td></tr> <tr style=""> <td height="8" colspan="5"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" colspan="4"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; ">(2)&#8194;&#8201;&#8202;The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund&#146;s average daily net assets per year (the &#147;Expense Cap&#148;) until at least August&nbsp;31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i)&nbsp;the Expense Cap or (ii)&nbsp;the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser.</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; ">&#8194;&#8201;&#8202;&nbsp;</div></td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the information included under the section titled &#147;Example&#148; on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:4%; ">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. </p> <br/> <p style="margin-top:0pt; margin-bottom:0pt; margin-left:4%; ">This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#146;s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="47%"></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" style="border-bottom:1px solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">$15</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$68</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$126</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$297</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td></tr> </table> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (&#8220;Shares&#8221;). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. <b>Annual Fund Operating Expenses<br/> (expenses that you pay each year as a percentage of the value of your investment)</b> This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. <br/><br/> This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. Effective September&nbsp;24, 2018, the Adviser has contractually reduced the Fund&#8217;s management fee from 0.29% to 0.15%. &#8220;Management Fees&#8221; has been restated to reflect current fees. August&nbsp;31, 2019 0.0015 0.0008 0.0023 -0.0008 0.0015 15 68 126 297 <center><b>INVESCO EXCHANGE-TRADED FUND TRUST<br/><br/>SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE<br/>PROSPECTUS DATED AUGUST 28, 2018, OF:<br/><br/>Invesco Dow Jones Industrial Average Dividend ETF<br/><br/>Important Notice Regarding a Change to the Unitary Management Fee of<br/>Invesco Dow Jones Industrial Average Dividend ETF (the "Fund")</b></center><br/>At a meeting held on September&nbsp;21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the annual unitary management fee of the Fund to 0.07% of the Fund&#146;s average daily net assets, effective September&nbsp;24, 2018. Accordingly, the Prospectus is revised as follows: <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the first paragraph and table included under the section titled &#147;Fund Fees and Expenses&#148; on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; ">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (&#147;Shares&#148;). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.</p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="95%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top" colspan="4" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Annual Fund Operating Expenses</b></div></td> <td valign="top" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; "><b>&nbsp;</b></div></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>(expenses that you pay each year as a percentage of the value of your investment)</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management Fees<sup>(1)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.07</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses<sup>(1)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.07</td> <td valign="bottom">%&nbsp;</td></tr> <tr style=""> <td height="8"></td> <td height="8" colspan="4"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; ">(1)&#8194;&#8201;&#8202;Effective September&nbsp;24, 2018, Invesco Capital Management LLC (the &#147;Adviser&#148;) has contractually reduced the Fund&#146;s unitary management fee from 0.30% to 0.07%. &#147;Management Fees&#148; and &#147;Total Annual Fund Operating Expenses&#148; have been restated to reflect current fees.</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the information included under the section titled &#147;Example&#148; on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:4%; ">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. </p> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:4%; ">This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#146;s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="25%"></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" style="border-bottom:1px solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000">&nbsp;&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">$7</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$23</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$40</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$90</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td></tr> </table> <br/> <center><b>INVESCO EXCHANGE-TRADED FUND TRUST<br/><br/>SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE<br/>PROSPECTUS DATED AUGUST 28, 2018, OF:<br/><br/>Invesco S&amp;P 500<sup>&#174;</sup> Quality ETF<br/><br/>Important Notice Regarding a Change to the Advisory Fee of<br/>Invesco S&amp;P 500<sup>&#174;</sup> Quality ETF (the "Fund")</b></center><br/>At a meeting held on September&nbsp;21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the advisory fee of the Fund to 0.15% of the Fund&#146;s average daily net assets, effective September&nbsp;24, 2018. Accordingly, the Prospectus is revised as follows:<p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the first paragraph and table included under the section titled &#147;Fund Fees and Expenses&#148; on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:6%; ">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (&#147;Shares&#148;). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.</p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="93%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top" colspan="4" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Annual Fund Operating Expenses</b></div></td> <td valign="top" style="border-top:1px solid #000000"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; "><b>&nbsp;</b></div></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>(expenses that you pay each year as a percentage of the value of your investment)</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management Fees<sup>(1)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.15%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.08%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.23%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Fee Waivers and Expense Assumption<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.08%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.15%&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style=""> <td height="16" colspan="5"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" colspan="4"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; ">(1)&#8194;&#8201;&#8202;Effective September&nbsp;24, 2018, the Adviser has contractually reduced the Fund&#146;s management fee from 0.29% to 0.15%. &#147;Management Fees&#148; has been restated to reflect current fees.</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; ">&#8194;&#8201;&#8202;&nbsp;</div></td></tr> <tr style=""> <td height="8" colspan="5"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" colspan="4"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; ">(2)&#8194;&#8201;&#8202;The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund&#146;s average daily net assets per year (the &#147;Expense Cap&#148;) until at least August&nbsp;31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i)&nbsp;the Expense Cap or (ii)&nbsp;the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser.</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; ">&#8194;&#8201;&#8202;&nbsp;</div></td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="1%" valign="top" align="left">&#149;</td> <td width="1%" valign="top">&nbsp;</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The following replaces the information included under the section titled &#147;Example&#148; on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund: </div></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:4%; ">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. </p> <br/> <p style="margin-top:0pt; margin-bottom:0pt; margin-left:4%; ">This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#146;s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="91%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="47%"></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td valign="bottom" width="7%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" style="border-bottom:1px solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom" style=" border-bottom:1px solid #000000">&nbsp;&nbsp;</td> <td valign="bottom" style="border-bottom:1px solid #000000"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">$15</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$68</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$126</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$297</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td></tr> </table> Effective September 24, 2018, the Adviser has contractually reduced the Fund’s management fee from 0.29% to 0.15%. “Management Fees” has been restated to reflect current fees. The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund’s average daily net assets per year (the “Expense Cap”) until at least August 31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i) the Expense Cap or (ii) the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser. Effective September 24, 2018, Invesco Capital Management LLC (the "Adviser") has contractually reduced the Fund's unitary management fee from 0.30% to 0.07%. "Management Fees" and "Total Annual Fund Operating Expenses" have been restated to reflect current fees. 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Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Apr. 30, 2018
Registrant Name dei_EntityRegistrantName INVESCO EXCHANGE-TRADED FUND TRUST
Central Index Key dei_EntityCentralIndexKey 0001209466
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Sep. 21, 2018
Document Effective Date dei_DocumentEffectiveDate Sep. 21, 2018
Prospectus Date rr_ProspectusDate Aug. 28, 2018
XML 10 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Aug. 28, 2018
INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE
PROSPECTUS DATED AUGUST 28, 2018, OF:

Invesco Dow Jones Industrial Average Dividend ETF

Important Notice Regarding a Change to the Unitary Management Fee of
Invesco Dow Jones Industrial Average Dividend ETF (the "Fund")

At a meeting held on September 21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the annual unitary management fee of the Fund to 0.07% of the Fund’s average daily net assets, effective September 24, 2018. Accordingly, the Prospectus is revised as follows:

 

 
The following replaces the first paragraph and table included under the section titled “Fund Fees and Expenses” on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.

 

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
  
Management Fees(1)
     0.07
Other Expenses
     0.00
Total Annual Fund Operating Expenses(1)
     0.07
(1)   Effective September 24, 2018, Invesco Capital Management LLC (the “Adviser”) has contractually reduced the Fund’s unitary management fee from 0.30% to 0.07%. “Management Fees” and “Total Annual Fund Operating Expenses” have been restated to reflect current fees.
  

 

 
The following replaces the information included under the section titled “Example” on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund:

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:

 

1 Year    3 Years          5 Years          10 Years      
$7
   $23       $40       $90   

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE
PROSPECTUS DATED AUGUST 28, 2018, OF:

Invesco S&P 500® Quality ETF

Important Notice Regarding a Change to the Advisory Fee of
Invesco S&P 500® Quality ETF (the "Fund")

At a meeting held on September 21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the advisory fee of the Fund to 0.15% of the Fund’s average daily net assets, effective September 24, 2018. Accordingly, the Prospectus is revised as follows:

 

 
The following replaces the first paragraph and table included under the section titled “Fund Fees and Expenses” on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.

 

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
  
Management Fees(1)
     0.15%    
Other Expenses
     0.08%    
Total Annual Fund Operating Expenses
     0.23%    
Fee Waivers and Expense Assumption(2)
     0.08%    
Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption
     0.15%    
(1)   Effective September 24, 2018, the Adviser has contractually reduced the Fund’s management fee from 0.29% to 0.15%. “Management Fees” has been restated to reflect current fees.
    
(2)   The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund’s average daily net assets per year (the “Expense Cap”) until at least August 31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i) the Expense Cap or (ii) the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser.
    

 

 
The following replaces the information included under the section titled “Example” on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund:

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.


This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:

 

1 Year    3 Years                                5 Years                                10 Years                    
$15    $68       $126       $297   
XML 11 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName INVESCO EXCHANGE-TRADED FUND TRUST
Prospectus Date rr_ProspectusDate Aug. 28, 2018
Supplement [Text Block] ietft_SupplementTextBlock
INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE
PROSPECTUS DATED AUGUST 28, 2018, OF:

Invesco Dow Jones Industrial Average Dividend ETF

Important Notice Regarding a Change to the Unitary Management Fee of
Invesco Dow Jones Industrial Average Dividend ETF (the "Fund")

At a meeting held on September 21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the annual unitary management fee of the Fund to 0.07% of the Fund’s average daily net assets, effective September 24, 2018. Accordingly, the Prospectus is revised as follows:

 

 
The following replaces the first paragraph and table included under the section titled “Fund Fees and Expenses” on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.

 

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
  
Management Fees(1)
     0.07
Other Expenses
     0.00
Total Annual Fund Operating Expenses(1)
     0.07
(1)   Effective September 24, 2018, Invesco Capital Management LLC (the “Adviser”) has contractually reduced the Fund’s unitary management fee from 0.30% to 0.07%. “Management Fees” and “Total Annual Fund Operating Expenses” have been restated to reflect current fees.
  

 

 
The following replaces the information included under the section titled “Example” on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund:

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:

 

1 Year    3 Years          5 Years          10 Years      
$7
   $23       $40       $90   

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE
PROSPECTUS DATED AUGUST 28, 2018, OF:

Invesco S&P 500® Quality ETF

Important Notice Regarding a Change to the Advisory Fee of
Invesco S&P 500® Quality ETF (the "Fund")

At a meeting held on September 21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the advisory fee of the Fund to 0.15% of the Fund’s average daily net assets, effective September 24, 2018. Accordingly, the Prospectus is revised as follows:

 

 
The following replaces the first paragraph and table included under the section titled “Fund Fees and Expenses” on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.

 

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
  
Management Fees(1)
     0.15%    
Other Expenses
     0.08%    
Total Annual Fund Operating Expenses
     0.23%    
Fee Waivers and Expense Assumption(2)
     0.08%    
Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption
     0.15%    
(1)   Effective September 24, 2018, the Adviser has contractually reduced the Fund’s management fee from 0.29% to 0.15%. “Management Fees” has been restated to reflect current fees.
    
(2)   The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund’s average daily net assets per year (the “Expense Cap”) until at least August 31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i) the Expense Cap or (ii) the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser.
    

 

 
The following replaces the information included under the section titled “Example” on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund:

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.


This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:

 

1 Year    3 Years                                5 Years                                10 Years                    
$15    $68       $126       $297   
Invesco Dow Jones Industrial Average Dividend ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ietft_SupplementTextBlock
INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE
PROSPECTUS DATED AUGUST 28, 2018, OF:

Invesco Dow Jones Industrial Average Dividend ETF

Important Notice Regarding a Change to the Unitary Management Fee of
Invesco Dow Jones Industrial Average Dividend ETF (the "Fund")

At a meeting held on September 21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the annual unitary management fee of the Fund to 0.07% of the Fund’s average daily net assets, effective September 24, 2018. Accordingly, the Prospectus is revised as follows:

 

 
The following replaces the first paragraph and table included under the section titled “Fund Fees and Expenses” on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.

 

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
  
Management Fees(1)
     0.07
Other Expenses
     0.00
Total Annual Fund Operating Expenses(1)
     0.07
(1)   Effective September 24, 2018, Invesco Capital Management LLC (the “Adviser”) has contractually reduced the Fund’s unitary management fee from 0.30% to 0.07%. “Management Fees” and “Total Annual Fund Operating Expenses” have been restated to reflect current fees.
  

 

 
The following replaces the information included under the section titled “Example” on Page 1 of the Summary Prospectus and Page 19 of the Prospectus for the Fund:

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:

 

1 Year    3 Years          5 Years          10 Years      
$7
   $23       $40       $90   
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Effective September 24, 2018, Invesco Capital Management LLC (the “Adviser”) has contractually reduced the Fund’s unitary management fee from 0.30% to 0.07%. “Management Fees” and “Total Annual Fund Operating Expenses” have been restated to reflect current fees.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:
Invesco Dow Jones Industrial Average Dividend ETF | Invesco Dow Jones Industrial Average Dividend ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.07% [1]
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.07% [1]
1 Year rr_ExpenseExampleYear01 $ 7
3 Years rr_ExpenseExampleYear03 23
5 Years rr_ExpenseExampleYear05 40
10 Years rr_ExpenseExampleYear10 $ 90
Invesco S&P 500 Quality ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ietft_SupplementTextBlock
INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED SEPTEMBER 21, 2018 TO THE
PROSPECTUS DATED AUGUST 28, 2018, OF:

Invesco S&P 500® Quality ETF

Important Notice Regarding a Change to the Advisory Fee of
Invesco S&P 500® Quality ETF (the "Fund")

At a meeting held on September 21, 2018, the Board of Trustees of Invesco Exchange-Traded Fund Trust approved reducing the advisory fee of the Fund to 0.15% of the Fund’s average daily net assets, effective September 24, 2018. Accordingly, the Prospectus is revised as follows:

 

 
The following replaces the first paragraph and table included under the section titled “Fund Fees and Expenses” on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.

 

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
  
Management Fees(1)
     0.15%    
Other Expenses
     0.08%    
Total Annual Fund Operating Expenses
     0.23%    
Fee Waivers and Expense Assumption(2)
     0.08%    
Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption
     0.15%    
(1)   Effective September 24, 2018, the Adviser has contractually reduced the Fund’s management fee from 0.29% to 0.15%. “Management Fees” has been restated to reflect current fees.
    
(2)   The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund’s average daily net assets per year (the “Expense Cap”) until at least August 31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i) the Expense Cap or (ii) the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser.
    

 

 
The following replaces the information included under the section titled “Example” on Page 1 of the Summary Prospectus and Page 260 of the Prospectus for the Fund:

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.


This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:

 

1 Year    3 Years                                5 Years                                10 Years                    
$15    $68       $126       $297   
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund (“Shares”). Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination August 31, 2019
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below.
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Effective September 24, 2018, the Adviser has contractually reduced the Fund’s management fee from 0.29% to 0.15%. “Management Fees” has been restated to reflect current fees.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses after the permanent fee waiver for periods thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be higher or lower, your costs, based on these assumptions, would be:
Invesco S&P 500 Quality ETF | Invesco S&P 500 Quality ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.15% [2]
Other Expenses rr_OtherExpensesOverAssets 0.08%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.23%
Fee Waivers and Expense Assumption rr_FeeWaiverOrReimbursementOverAssets 0.08% [3]
Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption rr_NetExpensesOverAssets 0.15%
1 Year rr_ExpenseExampleYear01 $ 15
3 Years rr_ExpenseExampleYear03 68
5 Years rr_ExpenseExampleYear05 126
10 Years rr_ExpenseExampleYear10 $ 297
[1] Effective September 24, 2018, Invesco Capital Management LLC (the "Adviser") has contractually reduced the Fund's unitary management fee from 0.30% to 0.07%. "Management Fees" and "Total Annual Fund Operating Expenses" have been restated to reflect current fees.
[2] Effective September 24, 2018, the Adviser has contractually reduced the Fund’s management fee from 0.29% to 0.15%. “Management Fees” has been restated to reflect current fees.
[3] The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.15% of the Fund’s average daily net assets per year (the “Expense Cap”) until at least August 31, 2019, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i) the Expense Cap or (ii) the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser.
XML 12 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName INVESCO EXCHANGE-TRADED FUND TRUST
Prospectus Date rr_ProspectusDate Aug. 28, 2018
Document Creation Date dei_DocumentCreationDate Sep. 21, 2018
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