Openbookopenbook
Openbook
FASE
+3.01 · +5.71%
£55.75 · LSE
Invesco Markets II plc - Invesco FTSE All Share ESG Climate UCITS ETF | UK Large-Cap Equity
Invesco Investment Management Limited · Ireland
AUM:£33.1M
#– of – in UK Large-Cap Equity ETFs
ℹ️
Reward Rating
59
Good
14.73% 1Y return
ℹ️
Risk Rating
44
Moderate
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 14.7% over the past year, showing positive momentum.

Cost Efficiency

💰 Ongoing charge of 0.12% — among the lowest available for this category.

What is FASE?

Invesco Markets II plc - Invesco FTSE All Share ESG Climate UCITS ETF tracks Morningstar UK All Cap TME NR GBP, providing diversified exposure across 48 holdings. Its ongoing charge is 0.12%.

Performance Highlights

Investment Breakdown

Positive 1-Year Return
FASE returned 14.7% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Ongoing Charge
Ongoing charge of 0.12% — reasonable for the index exposure provided.
Moderate Concentration
Top 10 holdings make up 46.9% of the ETF — a moderate level of name concentration.

Openbook Analysis

Performance: Good (59)

The scoring profile reflects moderate historical performance, with a 14.7% 1-year return (historical). The ongoing charge of 0.12% is reasonable for this exposure. Risk indicators are moderate, in line with typical market exposure (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM£33.1M
Ongoing Charge0.12%
Dividend Yield3.12%
Holdings48
Inception DateMar 2021
DomicileIreland
DistributionQuarterly
IndexMorningstar UK All Cap TME NR GBP
ProviderInvesco Investment Management Limited
Beta0.72
CategoryUK Large-Cap Equity
CurrencyGBX
Portfolio Impact

How would FASE affect your portfolio?

Sign in to see exactly what adding this ETF changes — sector exposure, yield, diversification, volatility. Real numbers from your actual holdings.

Sign in
Example preview
6168
+7 points · better diversified
Alternatives
Similar ETFs to compare
CSP1
iShares Core S&P 500
TER 0.07%
1Y+18.1%
AUM£78B
Yield1.3%
VUAG
Vanguard S&P 500 Acc
TER 0.07%
1Y+18.0%
AUM£12B
Yield—
SWDA
iShares MSCI World
TER 0.20%
1Y+15.4%
AUM£62B
Yield1.6%
VWRP
Vanguard FTSE All-World
TER 0.22%
1Y+14.8%
AUM£14B
Yield1.8%

Chart Tools

My Portfolio

Sign in to overlay your portfolio on the chart.

Sign in
Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+1.9%
1Y
+9.2%
3Y
+32.8%
5Y
+43.2%
OpenBook InsightIf you had invested £10,000 in FASE 5 years ago, it would have grown to £14,319 — a gain of £4,319.

Annual Returns

Calendar year performance

FASE delivered positive returns in 4 of the last 5 calendar years.
YearFASE
2026 YTD+0.9%
2025+16.8%
2024+9.7%
2023+3.8%
2022-4.0%
CAGR 4yr+6.3%
4/5 positive yearsAvg return: +5.4%Worst year: -4.0% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
100%
Positive
Volatility
13.1%
Low
Momentum
-2.3%
30-day change
Support Level
53.95
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.

Reward Rating Breakdown

Our reward rating analyses FASE's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
59
Good REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
48/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
14.73%
Good
3Y Return
9.61%
Good
5Y Return
0.00%
Weak
10Y Return
0.00%
Weak
Sharpe Ratio
—
No Data

Moderate performance profile: 1-year return of 14.73%, 3-year annualised 9.61%, 5-year annualised 0.00%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
85/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.12%
Good
Net Expense Ratio
0.00%
Very Good
Annual Turnover
0.00%
Very Good
Tracking Difference
—
No Data

Low-cost and efficient structure: ongoing charge of 0.12%, net expense ratio of 0.00%, annual turnover of 0.0%.

💵 Income

Weight: 15%
70/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
3.12%
Neutral
Distribution Frequency
Quarterly
Good

Attractive income profile: distribution yield of 3.12%, quarterly distributions.

🌐 Diversification Quality

Weight: 25%
36/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
48
Very Weak
Top 10 Concentration
46.94%
Weak
Top Sector
Financial Services25.7%
Neutral
Top Region
United Kingdom97.7%
Very Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 48 holdings, top 10 at 46.9%, Financial Services sector at 25.7%, United Kingdom at 97.7%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses FASE using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
44
Moderate RISK
Data Coverage: 92%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
48/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
46.94%
Moderate
Largest Holding
6.47%
Moderate
Number of Holdings
48
Elevated
HHI (weight²)
230
Low Risk

Reasonable spread across positions: top 10 holdings at 46.9%, largest single position at 6.47%, 48 total holdings.

🌍 Market Exposure

Weight: 25%
68/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
United Kingdom97.7%
High Risk
Top Sector
Financial Services25.7%
Moderate
Top 2 Sectors
41.52%
Moderate
Cyclical Sectors
51.62%
Elevated

Notable regional or sector dependency: United Kingdom at 97.7%, Financial Services sector at 25.7%, 51.6% in cyclical sectors.

📊 Volatility

Weight: 35%
20/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
7.32%
Lower Risk
Beta
0.72
Lower Risk
Max Drawdown
—
No Data

Below-average volatility: 1Y volatility of 7.32%, beta of 0.72 (historical).

💵 Income Reliability

Weight: 15%
54/100

How dependable is the fund's distribution yield? Heavy cyclical-sector exposure or unusually high yields can flag vulnerability to dividend cuts in a downturn.

Current Yield
3.12%
Lower Risk
Cyclical Sector Exposure
51.62%
Elevated
Top-Sector Dependency
Financial Services25.7%
Moderate

Income has some cyclical dependency: yield of 3.12%, 51.6% in cyclical sectors (financials, energy, materials, industrials, real estate), Financial Services sector at 25.7%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
openbook

Stock research for everyday UK investors. Make smarter decisions, faster.

Questions? Email us at contact@openbookanalytics.com

© 2026 Openbook Analytics Ltd · Company No. SC843579 · Registered in Scotland

256-bit encryption GDPR compliant UK data centres

Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.