The Invesco Multi-Factor Defensive Core Fixed Income ETF follows the Invesco Multi-Factor Defensive Core Index.

That index “is designed to provide multi-factor exposure to fixed income securities in the following weights: 20% in mortgage-backed securities, 15% higher-quality US investment grade, 55% 1-3 year Treasuries, and 10% emerging markets debt,” according to Invesco.

IMFD holds 171 bonds and charges 0.12% per year. IMFI is home to 308 bonds and charges 0.16% annually.

For more information on new fund products, visit our new ETFs category.