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Invesco Global Buyback Achievers UCITS ETF DistIndex, costs, backtest, listings and taxation

ISIN: IE00BLSNMW37Ticker: BUYB (Borsa Italiana) · BBCK (Xetra) · BUYB (London SE) · BUYB (Euronext Paris) · BUYB (SIX)Issuer: InvescoClass: Dist
Issuer-declared data
Declared index
NASDAQ Global Buyback Achievers NTR Index
TER
0.39%
Transaction costs
0.18% (issuer estimate, from the KID)
Management
Passive (index-tracking)
Replication
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
172.9 mln EUR
NAV
77.78 USD (1 September 2026)
Domicile
Ireland
Inception date
24 October 2014
Data as declared by Invesco in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Invesco Global Buyback Achievers UCITS ETF Dist tracks the issuer-declared index: NASDAQ Global Buyback Achievers NTR Index. The declared annual cost (TER) is 0.39%, plus 0.18% in transaction costs estimated by the issuer in the KID. Replication is physical replication (it buys the index constituents); income is distributed to investors. The fund has assets of about 173 million euro, was launched on 24 October 2014 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

- The objective of the Fund is to provide investors with investment results which, before expenses, correspond to the price and yield performance of the NASDAQ Global Buyback Achievers Index (Net Total Return) in USD (the "Index"). - The Fund’s base currency is USD. - The Index is comprised of securities from the NASDAQ US Buyback Achievers Index (comprised of corporations listed on The NASDAQ Stock Market, the New York Stock Exchange or NYSE MKT that have effected a net reduction in shares outstanding of 5% or more in the trailing twelve months) and from the NASDAQ International BuyBack Achievers Index (comprised of non-US corporations that have effected a net reduction in shares outstanding of 5% or more in trailing 12 months). - This document provides a summary of the principal features of the Index, the complete description of the Index (available from the Index provider) shall at all times prevail. Investors should note that the Index is the intellectual property of the index provider. The Fund is not sponsored or endorsed by the index provider and a full disclaimer can be found in the Fund’s supplement. - The Fund is a passively managed ETF. - To achieve the objective the Fund will, as far as possible and practicable, replicate the Index by holding all the securities in the Index in a similar proportion to their respective weightings in the Index. - The Index is rebalanced on a quarterly basis. - The Fund may engage in securities lending, whereby 90% of the revenues arising from securities lending will be returned to the Fund and 10% of the revenues will be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the

Keep reading the KID section ▾

Intended Retail InvestorThe Fund is intended for investors aiming for income and long term capital growth, who may not have specific financial expertise but are able to make an informed investment decision based on this document, and the prospectus, have a risk appetite consistent with the risk indicator displayed below and understand that there is no capital guarantee or protection (100% of capital is at risk). Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Find out more: This document is specific to the Fund. Further information about the Fund can be obtained from the supplement, the prospectus, annual and interim reports. The prospectus, annual and interim reports are prepared for the Umbrella Fund, of which the Fund is a sub-fund. These documents are available free of charge in English. They can be obtained along with other information, such as share prices, at https://etf.invesco.com (select your country and navigate to the Documents section on the product page), or by calling +353 1 439 8000. The assets of the Fund are segregated as a matter of Irish law and as such, in Ireland, the assets of one sub-fund will not be available to satisfy the liabilities of another sub-fund. This position may be considered differently by the courts in jurisdictions outside of Ireland. Subject to satisfying certain criteria as set out in the prospectus, investors may be able to exchange their investment in the Fund for shares in another sub-fund of the Umbrella which is being offered at that time.

From the KID’s “Objectives” section · 14 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.39%: above the median of equity ETFs we track (0.22%).
  • Average tracking difference over the last 3 years: -0.29% p.a., against a declared TER of 0.39%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Oct 2014 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+277.9%
Annualised
+11.9%
Volatility (ann.)
15.4%
Max drawdown
-39.18%
-8%+67%+141%+216%+290%Oct 2014Oct 2017Oct 2020Sept 2023Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+278%Oct 2014Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-10%-20%-30%-40%-50%2014201620182020202220242026−39.18% · 23 Mar 2020
Max drawdown
-39.18%
peak → trough
Trough
23 Mar 2020
from the 17 Jan 2020 peak
Recovery time
238 days
recovery only: trough to break-even · ≈ 8 months
Underwater
304 days
decline + recovery: peak to break-even · ≈ 10 months · → recovered on 16 Nov 2020

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
17 Jan 202023 Mar 2020-39.18%16 Nov 2020304
06 Sept 202127 Sept 2022-26.40%30 Jan 2024876
26 Jan 201824 Dec 2018-22.55%04 Nov 2019647
21 May 201520 Jan 2016-17.18%07 Sept 2016475
18 Feb 202508 Apr 2025-15.27%12 May 202583

Calendar-year returns

2016
13.8%
2017
20.9%
2018
-13.7%
2019
29.9%
2020
12.3%
2021
19.5%
2022
-11.2%
2023
15.2%
2024
12.8%
2025
30.0%
2026
14.7%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20263.81.5-4.05.2-0.80.85.42.00.214.7
20254.92.7-1.5-2.06.14.01.44.61.9-0.82.33.230.0
20240.32.05.5-3.73.6-1.25.01.82.9-2.14.4-5.612.8
20237.1-4.0-2.51.2-4.87.65.1-1.3-1.7-4.37.16.015.2
2022-4.9-0.50.3-6.21.9-11.36.5-2.9-7.911.76.7-2.7-11.2
20210.66.15.03.32.70.30.22.5-3.82.1-4.33.919.5
2020-3.7-10.1-16.010.14.43.84.65.3-3.0-1.315.56.312.3
20199.12.80.65.2-7.77.40.5-3.83.63.13.53.329.9
20185.8-5.1-3.30.4-1.2-0.83.41.1-0.2-6.31.9-9.4-13.7
20172.41.70.30.62.01.62.6-0.32.60.92.81.920.9
2016-5.81.96.21.60.2-2.24.40.71.0-1.14.32.413.8
2015-1.86.60.21.41.8-1.61.1-6.3-3.57.8-0.2-3.31.3
20142.6-0.74.7
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: Invesco. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 0 of the last 10 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.29% /anno
Declared TER
0.39%
YearFundIndexDifference
2025+30.04%+30.45%-0.41%
2024+12.83%+13.12%-0.29%
2023+15.18%+15.35%-0.17%
2022-11.23%-10.83%-0.40%
2021+19.48%+19.71%-0.23%
2020+12.25%+12.67%-0.41%
2019+29.95%+30.25%-0.31%
2018-13.66%-13.50%-0.16%
2017+20.89%+21.24%-0.34%
2016+13.82%+14.30%-0.47%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsLast 10 yearsFull history
Volatility (ann.)9.73%12.75%14.33%16.24%16.34%
Max drawdown-4.24%-19.50%-19.50%-37.68%-37.68%
Sharpe1.981.010.530.620.65
Sortino3.011.380.730.850.90
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.20%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
430
Top-10 weight
37.0%

Top 10 holdings

SHELL PLC GBP 0.0700
5.48%
BANK OF AMERICA CORP USD0.01
4.96%
NOVARTIS AG-REG CHF0.5
4.68%
WELLS FARGO & CO USD1.666
4.57%
CITIGROUP INC USD0.01
3.88%
SALESFORCE INC USD 0.001
3.55%
SCHWAB (CHARLES) CORP USD0.01
3.23%
MITSUBISHI CORP NPV
2.41%
ING GROEP NV EUR0.01
2.30%
ADOBE INC USD0.0001
1.93%

Sectors

Financials
36.7%
Energy
11.8%
Industrials
11.0%
Information Technology
10.8%
Consumer Discretionary
10.7%
Health Care
8.9%
Materials
3.8%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanada: 1.1%SwitzerlandChileChina: 2.4%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFrance: 1.3%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIreland: 1.3%IranIraqIcelandIsraelItalyJamaicaJordanJapan: 13%KazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 2.3%Norway: 1%NepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 69.2%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States69.2%
Japan13%
United Kingdom4.5%
Other3.9%
China2.4%
Netherlands2.3%
France1.3%
Download the full portfolio — Excel, 430 rows
Full portfolio declared by Invesco, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.503 USD
ex 11 Jun 2026 · paid 18 Jun 2026
Dividends, last 12 months
1.25 USD
Dividend yield
1.58%
12-month sum over the NAV as of 3 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year1.25 USD1.95 %
20251.28 USD2.38 %
20240.99 USD2.04 %
20230.83 USD1.94 %
20220.82 USD1.66 %
20210.60 USD1.44 %

Dividend contribution to total return

-20%-10%0%10%20%30%+25.27 %1 year+29.78 %2025+12.76 %2024+15.03 %2023−11.32 %2022+19.46 %2021
dividendsprice changeprice decline

Calendar per share (USD)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.120.500.21
20250.160.490.340.28
20240.160.390.210.22
20230.090.300.240.21
20220.130.270.310.11
20210.100.220.140.15
20200.080.280.090.18
20190.130.190.230.15
20180.060.160.080.10
20170.080.110.110.12
20160.050.280.080.09
20150.070.130.060.07
20140.03

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.2063 USD10 Sept 2026 · announced11 Sept 202617 Sept 2026
0.503 USD11 Jun 202612 Jun 202618 Jun 2026
0.123 USD12 Mar 202613 Mar 202619 Mar 2026
0.2785 USD11 Dec 202512 Dec 202518 Dec 2025
0.3448 USD11 Sept 202512 Sept 202518 Sept 2025
0.4933 USD12 Jun 202513 Jun 202519 Jun 2025
0.1608 USD13 Mar 202514 Mar 202520 Mar 2025
0.2247 USD12 Dec 202413 Dec 202419 Dec 2024
Per-share dividends as declared by the issuer, in USD, since the first payment (29 Dec 2014). Past dividends are not indicative of future ones.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00BLSNMW37BUYB
  • Moneyfarmzero on single buys from 1,000 €, agreement until 31 December 2026
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)BUYB24 Nov 2014
Börse DüsseldorfBBCK14 Jul 2015
Börse FrankfurtBBCK1 Dec 2014
Börse HamburgBBCK1 Aug 2016
Börse HannoverBBCK9 Dec 2024
Börse München / gettexBBCK4 Dec 2014
Börse StuttgartBBCK1 Dec 2014
Tradegate ExchangeBBCK17 Jun 2015
Xetra (Deutsche Börse)BBCK1 Dec 2014
+ 16 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Invesco Global Buyback Achievers UCITS ETF Dist track?
The issuer Invesco declares the benchmark: NASDAQ Global Buyback Achievers NTR Index.
How much does BUYB cost?
The issuer-declared TER is 0.39% per year; the transaction costs estimated in the KID are 0.18%.
How is BUYB taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of BUYB?
The fund size declared by Invesco is about 173 million euro.
When was BUYB launched?
The fund was launched on 24 October 2014: it has 11 years of history.
How does BUYB replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Physical”).
Does BUYB pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distributing (Quarterly)”).
Where does BUYB trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (BUYB), Börse Düsseldorf (BBCK), Börse Frankfurt (BBCK), Börse Hamburg (BBCK), Börse Hannover (BBCK), Börse München / gettex (BBCK).
What was BUYB's worst fall?
Over the available history (since 2014), the maximum drawdown was -39.36%, reached in March 2020. Past performance is not indicative of future results.
What is BUYB's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.29% per year versus its index (from issuer-declared series).
How many securities does BUYB hold?
The declared portfolio holds 430 securities; the top 10 positions weigh 37%.
Transparency note
The data in this sheet is declared by Invesco in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.