CZA ETF — Invesco Zacks Mid-Cap ETF

Invesco Zacks Mid-Cap ETF (CZA)

Updated October 16, 2026.

CZA is an ETF. its distribution rate is 1.41%, its trailing-12-month yield is 1.41%, its expense ratio is 0.69%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 490.7% over the past 19.5 years, 167.7 points behind SPY at 658.4%.

Invesco Zacks Mid-Cap ETF is an exchange-traded fund that tracks an index of 100 mid-capitalization securities selected by Zacks, including common stocks, MLPs, REITs, and BDCs. The fund carries a modest current distribution rate with annual distributions and has an expense ratio of 0.69%. It appeals to investors seeking mid-cap equity exposure with a modest income component.

CZA performance versus SPY

Price and return data through 2026-10-16.

Total return is 490.7% over the past 19.5 years, 167.7 points behind SPY at 658.4%. Over the past year its total return — price change plus distributions reinvested — is 15.3%. Its deepest 1-year drawdown was 9.2%.

CZA key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

1.33%

Issuer

Invesco

Asset type

ETF

Asset class

Equity

Inception date

04/02/2007

Expense ratio

0.69%

Distribution rate

1.41%

Distribution frequency

Annual

Trailing yield

1.41%

Last close

$122.31 (as of 2026-10-16)

AUM

$171,808,619

Average volume

4970.0

Dividend

$1.725

Ex-dividend date

12/22/2025

Payment date

12/26/2025

Beta

0.77

How Dividend Vision calculates yield and returns

Distribution rate (1.41%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.41%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Invesco; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CZA risks and drawbacks

CZA's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.2%.

Who may consider CZA — and who may not

CZA may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (CZA pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CZA

• All tickers starting with C

Tagged: Mid Cap.

Frequently asked questions

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