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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName INVESCO EXCHANGE-TRADED FUND TRUST
Prospectus Date rr_ProspectusDate Aug. 28, 2018
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Top 200 Equal Weight ETF (EQWL)

Invesco Russell Midcap Equal Weight ETF (EQWM)

Invesco Russell Top 200 Pure Growth ETF (PXLG)

Invesco Russell Midcap Pure Growth ETF (PXMG)

Invesco Russell 2000 Pure Growth ETF (PXSG)

Invesco Russell Top 200 Pure Value ETF (PXLV)

Invesco Russell Midcap Pure Value ETF (PXMV)

Invesco Russell 2000 Pure Value ETF (PXSV)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Top 200 Equal Weight ETF    Invesco S&P 100 Equal Weight ETF
   
Invesco Russell Midcap Equal Weight ETF    Invesco S&P MidCap Quality ETF
   
Invesco Russell Top 200 Pure Growth ETF    Invesco S&P 500 GARP ETF
   
Invesco Russell Midcap Pure Growth ETF    Invesco S&P MidCap Momentum ETF
   
Invesco Russell 2000 Pure Growth ETF    Invesco S&P SmallCap Momentum ETF
   
Invesco Russell Top 200 Pure Value ETF    Invesco S&P 500 Value with Momentum ETF
   
Invesco Russell Midcap Pure Value ETF    Invesco S&P MidCap Value with Momentum ETF
   
Invesco Russell 2000 Pure Value ETF    Invesco S&P SmallCap Value with Momentum ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
EQWL    No Change
   
EQWM    XMHQ
   
PXLG    SPGP
   
PXMG    XMMO
   
PXSG    XSMO
   
PXLV    SPVM
   
PXMV    XMVM
   
PXSV    XSVM

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Top 200® Equal Weight Index    S&P 100 Equal Weight Index
   
Russell Midcap® Equal Weight Index    S&P MidCap 400 Quality Index
   
Russell Top 200® Pure Growth Index    S&P 500 Growth at a Reasonable Price Index
   
Russell Midcap® Pure Growth Index    S&P MidCap 400 Momentum Index
   
Russell 2000® Pure Growth Index    S&P SmallCap 600 Momentum Index
   
Russell Top 200® Pure Value Index    S&P 500 High Momentum Value Index
   
Russell Midcap® Pure Value Index    S&P 400 High Momentum Value Index
   
Russell 2000® Pure Value Index    S&P 600 High Momentum Value Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P 100 Equal Weight Index

The Underlying Index is an equal-weighted version of the S&P 100® Index. The Underlying Index is rebalanced quarterly.

S&P MidCap 400 Quality Index

The Underlying Index is a modified market capitalization-weighted index that holds approximately 80 securities in the S&P Midcap 400® Index that have the highest “quality scores,” calculated pursuant to the index methodology. The Underlying Index is rebalanced semi-annually.

S&P 500 Growth at a Reasonable Price Index

The Underlying Index holds approximately 75 securities in the S&P 500® Index that have been identified as having the highest “growth scores” and “quality and value composite scores,” calculated pursuant to the index methodology. Underlying Index constituents are weighted based on their growth scores. The Underlying Index is rebalanced semi-annually.

S&P MidCap 400 Momentum Index

The Underlying Index is a modified market capitalization-weighted index that holds approximately 80 securities in the S&P Midcap 400® Index having the highest “momentum scores,” calculated pursuant to the index methodology. The Underlying Index is rebalanced semi-annually.


S&P SmallCap 600 Momentum Index

The Underlying Index is a modified market capitalization-weighted index that holds approximately 120 securities in the S&P SmallCap 600® Index having the highest “momentum scores,” calculated pursuant to the index methodology. The Underlying Index is rebalanced semi-annually.

S&P 500 High Momentum Value Index

The Underlying Index is comprised of 100 securities in the S&P 500® Index having the highest “value scores” and “momentum scores,” calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Underlying Index is rebalanced semi-annually.

S&P 400 High Momentum Value Index

The Underlying Index holds 80 securities in the S&P Midcap 400® Index having the highest “value scores” and “momentum scores,” calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Underlying Index is rebalanced semi-annually.

S&P 600 High Momentum Value Index

The Underlying Index holds 120 securities in the S&P SmallCap 600® Index having the highest “value scores” and “momentum scores,” calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Underlying Index is rebalanced semi-annually.

Invesco Russell Top 200 Equal Weight ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Top 200 Equal Weight ETF (EQWL)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Top 200 Equal Weight ETF    Invesco S&P 100 Equal Weight ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
EQWL    No Change

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Top 200® Equal Weight Index    S&P 100 Equal Weight Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P 100 Equal Weight Index

The Underlying Index is an equal-weighted version of the S&P 100® Index. The Underlying Index is rebalanced quarterly.

Invesco Russell Midcap Equal Weight ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Midcap Equal Weight ETF (EQWM)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Midcap Equal Weight ETF    Invesco S&P MidCap Quality ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
EQWM    XMHQ

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Midcap® Equal Weight Index    S&P MidCap 400 Quality Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P MidCap 400 Quality Index

The Underlying Index is a modified market capitalization-weighted index that holds approximately 80 securities in the S&P Midcap 400® Index that have the highest "quality scores," calculated pursuant to the index methodology. The Underlying Index is rebalanced semi-annually.

Invesco Russell Top 200 Pure Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Top 200 Pure Growth ETF (PXLG)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Top 200 Pure Growth ETF    Invesco S&P 500 GARP ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
PXLG    SPGP

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Top 200® Pure Growth Index    S&P 500 Growth at a Reasonable Price Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P 500 Growth at a Reasonable Price Index

The Underlying Index holds approximately 75 securities in the S&P 500® Index that have been identified as having the highest "growth scores" and "quality and value composite scores," calculated pursuant to the index methodology. Underlying Index constituents are weighted based on their growth scores. The Underlying Index is rebalanced semi-annually.

Invesco Russell Midcap Pure Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Midcap Pure Growth ETF (PXMG)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Midcap Pure Growth ETF    Invesco S&P MidCap Momentum ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
PXMG    XMMO

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Midcap® Pure Growth Index    S&P MidCap 400 Momentum Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P MidCap 400 Momentum Index

The Underlying Index is a modified market capitalization-weighted index that holds approximately 80 securities in the S&P Midcap 400® Index having the highest "momentum scores," calculated pursuant to the index methodology. The Underlying Index is rebalanced semi-annually.

Invesco Russell 2000 Pure Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell 2000 Pure Growth ETF (PXSG)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell 2000 Pure Growth ETF    Invesco S&P SmallCap Momentum ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
PXSG    XSMO

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell 2000® Pure Growth Index    S&P SmallCap 600 Momentum Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P SmallCap 600 Momentum Index

The Underlying Index is a modified market capitalization-weighted index that holds approximately 120 securities in the S&P SmallCap 600® Index having the highest "momentum scores," calculated pursuant to the index methodology. The Underlying Index is rebalanced semi-annually.

Invesco Russell Top 200 Pure Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Top 200 Pure Value ETF (PXLV)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Top 200 Pure Value ETF    Invesco S&P 500 Value with Momentum ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
PXLV    SPVM

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Top 200® Pure Value Index    S&P 500 High Momentum Value Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P 500 High Momentum Value Index

The Underlying Index is comprised of 100 securities in the S&P 500® Index having the highest "value scores" and "momentum scores," calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Underlying Index is rebalanced semi-annually.

Invesco Russell Midcap Pure Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell Midcap Pure Value ETF (PXMV)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell Midcap Pure Value ETF    Invesco S&P MidCap Value with Momentum ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
PXMV    XMVM

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell Midcap® Pure Value Index    S&P 400 High Momentum Value Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P 400 High Momentum Value Index

The Underlying Index holds 80 securities in the S&P Midcap 400® Index having the highest "value scores" and "momentum scores," calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Underlying Index is rebalanced semi-annually.

Invesco Russell 2000 Pure Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

INVESCO EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED MARCH 12, 2019

TO THE PROSPECTUS DATED AUGUST 28, 2018 AND STATEMENT OF ADDITIONAL INFORMATION,

DATED AUGUST 28, 2018 AS REVISED SEPTEMBER 4, 2018, EACH AS PREVIOUSLY SUPPLEMENTED,

OF:

Invesco Russell 2000 Pure Value ETF (PXSV)

Important Notice Regarding Changes in the Names, Investment Objectives, Underlying Indexes, Index Provider, and

Principal Investment Strategies of Certain Funds

At a meeting held on March 8, 2019, the Board of the Invesco Exchange-Traded Fund Trust approved changes, effective as of the close of markets on June 21, 2019 (the “Effective Date”), to the investment objective, principal investment strategy, name, ticker symbol, index provider and underlying index, as applicable, of Invesco Russell Top 200 Equal Weight ETF, Invesco Russell Midcap Equal Weight ETF, Invesco Russell Top 200 Pure Growth ETF, Invesco Russell Midcap Pure Growth ETF, Invesco Russell 2000 Pure Growth ETF, Invesco Russell Top 200 Pure Value ETF, Invesco Russell Midcap Pure Value ETF, and Invesco Russell 2000 Pure Value ETF (each a “Fund”).

Therefore, as of market close on the Effective Date, the following changes will occur:

1.) Name Change. Each Fund’s name will change, as set forth in the table below:

 

   
Current Fund Name    New Fund Name
   
Invesco Russell 2000 Pure Value ETF    Invesco S&P SmallCap Value with Momentum ETF

2.) Ticker Symbol Change. Each Fund’s ticker symbol will change, as set forth in the table below:

 

   
Current Ticker Symbol    New Ticker Symbol
   
PXSV    XSVM

3.) Underlying Index and Index Provider Change. S&P Dow Jones Indices LLC will become the index provider for each Fund and a new underlying index for each Fund (each, a “New Underlying Index”) will replace the current underlying index, as set forth in the table below:

 

   
Current Underlying Index    New Underlying Index
   
Russell 2000® Pure Value Index    S&P 600 High Momentum Value Index

4.) Investment Objective Change. Each Fund’s new investment objective will be to track the investment results (before fees and expenses) of its New Underlying Index.

5.) Principal Investment Strategy Change. Each Fund’s principal investment strategy will be to generally invest at least 90% of its total assets in the securities of companies that comprise its New Underlying Index.

6.) Descriptions of New Underlying Indexes.

S&P 600 High Momentum Value Index

The Underlying Index holds 120 securities in the S&P SmallCap 600® Index having the highest "value scores" and "momentum scores," calculated pursuant to the index methodology. Underlying Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights. The Underlying Index is rebalanced semi-annually.