SUPPLEMENT DATED JUNE 30, 2023 TO THE:

INVESCO EXCHANGE-TRADED FUND TRUST

PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
DATED AUGUST 26, 2022, AS PREVIOUSLY SUPPLEMENTED, OF:

Invesco DWA Basic Materials Momentum ETF (PYZ)

Invesco DWA Consumer Cyclicals Momentum ETF (PEZ)

Invesco DWA Consumer Staples Momentum ETF (PSL)

Invesco DWA Energy Momentum ETF (PXI)

Invesco DWA Financial Momentum ETF (PFI)

Invesco DWA Healthcare Momentum ETF (PTH)

Invesco DWA Industrials Momentum ETF (PRN)

Invesco DWA Momentum ETF (PDP)

Invesco DWA Technology Momentum ETF (PTF)

Invesco DWA Utilities Momentum ETF (PUI)

Invesco Dynamic Biotechnology & Genome ETF (PBE)

Invesco Dynamic Building & Construction ETF (PKB)

Invesco Dynamic Energy Exploration & Production ETF (PXE)

Invesco Dynamic Food & Beverage ETF (PBJ)

Invesco Dynamic Large Cap Growth ETF (PWB)

Invesco Dynamic Large Cap Value ETF (PWV)

Invesco Dynamic Leisure and Entertainment ETF (PEJ)

Invesco Dynamic Oil & Gas Services ETF (PXJ)

Invesco Dynamic Pharmaceuticals ETF (PJP)

Invesco Dynamic Semiconductors ETF (PSI)

INVESCO EXCHANGE-TRADED FUND TRUST II

PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
DATED DECEMBER 16, 2022, AS PREVIOUSLY SUPPLEMENTED, OF:

Invesco DWA SmallCap Momentum ETF (DWAS)

Invesco PureBetaSM​ MSCI USA ETF (PBUS)

Invesco Treasury Collateral ETF (CLTL)

Invesco VRDO Tax-Free ETF (PVI)

INVESCO EXCHANGE-TRADED FUND TRUST II

PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
DATED FEBRUARY 28, 2023, AS PREVIOUSLY SUPPLEMENTED, OF:

Invesco DWA Developed Markets Momentum ETF (PIZ)

Invesco DWA Emerging Markets Momentum ETF (PIE)

Invesco PureBetaSM​ 0-5 Yr US TIPS ETF (PBTP)

(collectively, the "Funds")

At a meeting held on June 22, 2023, the Boards of Trustees of the Invesco Exchange-Traded Fund Trust and the Invesco Exchange-Traded Fund Trust II approved changes to the Funds' names. The name changes will be effective after the close of markets on August 25, 2023. Therefore, at that time, all references to the Funds' names in their Prospectuses and Statements of Additional Information will change as indicated in the table below.


Current Name

 

New Name

 

Invesco DWA Basic Materials Momentum ETF

 

Invesco Dorsey Wright Basic Materials Momentum ETF

 

Invesco DWA Consumer Cyclicals Momentum ETF

 

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

 

Invesco DWA Consumer Staples Momentum ETF

 

Invesco Dorsey Wright Consumer Staples Momentum ETF

 

Invesco DWA Developed Markets Momentum ETF

 

Invesco Dorsey Wright Developed Markets Momentum ETF

 

Invesco DWA Emerging Markets Momentum ETF

 

Invesco Dorsey Wright Emerging Markets Momentum ETF

 

Invesco DWA Energy Momentum ETF

 

Invesco Dorsey Wright Energy Momentum ETF

 

Invesco DWA Financial Momentum ETF

 

Invesco Dorsey Wright Financial Momentum ETF

 

Invesco DWA Healthcare Momentum ETF

 

Invesco Dorsey Wright Healthcare Momentum ETF

 

Invesco DWA Industrials Momentum ETF

 

Invesco Dorsey Wright Industrials Momentum ETF

 

Invesco DWA Momentum ETF

 

Invesco Dorsey Wright Momentum ETF

 

Invesco DWA SmallCap Momentum ETF

 

Invesco Dorsey Wright SmallCap Momentum ETF

 

Invesco DWA Technology Momentum ETF

 

Invesco Dorsey Wright Technology Momentum ETF

 

Invesco DWA Utilities Momentum ETF

 

Invesco Dorsey Wright Utilities Momentum ETF

 

Invesco Dynamic Biotechnology & Genome ETF

 

Invesco Biotechnology & Genome ETF

 

Invesco Dynamic Building & Construction ETF

 

Invesco Building & Construction ETF

 

Invesco Dynamic Energy Exploration & Production ETF

 

Invesco Energy Exploration & Production ETF

 

Invesco Dynamic Food & Beverage ETF

 

Invesco Food & Beverage ETF

 

Invesco Dynamic Large Cap Growth ETF

 

Invesco Large Cap Growth ETF

 

Invesco Dynamic Large Cap Value ETF

 

Invesco Large Cap Value ETF

 

Invesco Dynamic Leisure and Entertainment ETF

 

Invesco Leisure and Entertainment ETF

 

Invesco Dynamic Oil & Gas Services ETF

 

Invesco Oil & Gas Services ETF

 

Invesco Dynamic Pharmaceuticals ETF

 

Invesco Pharmaceuticals ETF

 

Invesco Dynamic Semiconductors ETF

 

Invesco Semiconductors ETF

 

Invesco PureBetaSM​ 0-5 Yr US TIPS ETF

 

Invesco 0-5 Yr US TIPS ETF

 

Invesco PureBetaSM​ MSCI USA ETF

 

Invesco MSCI USA ETF

 

Invesco Treasury Collateral ETF

 

Invesco Short Term Treasury ETF

 

Invesco VRDO Tax-Free ETF

 

Invesco Floating Rate Municipal Income ETF

 


2


In addition, after the close of markets on August 25, 2023, Invesco Treasury Collateral ETF's ticker symbol will change. Therefore, at that time, all references to Invesco Treasury Collateral ETF's ticker symbol in its Prospectuses and Statement of Additional Information will change as indicated below:

Current Ticker Symbol

 

New Ticker Symbol

 

CLTL

 

TBLL

 

Please Retain This Supplement For Future Reference.

P-SUMSTATSAI-SUP 063023


3


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