Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Invesco Exchange-Traded Fund Trust and Shareholders of each of the seventy-three funds listed in Appendix A
In planning and performing our audit of the financial statements of each of the funds listed in Appendix A (constituting Invesco Exchange-Traded Fund Trust, hereafter collectively referred to as the “Funds”) as of and for the year ended April 30, 2026, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds’ internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds’ internal control over financial reporting.
The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.
Our consideration of the Funds’ internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds’ internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of April 30, 2026.
This report is intended solely for the information and use of the Board of Trustees of Invesco Exchange-Traded Fund Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.
/s/ PricewaterhouseCoopers LLP
Chicago, Illinois
June 25, 2026
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Appendix A
| Invesco Aerospace & Defense ETF |
| Invesco AI and Next Gen Software ETF |
| Invesco Biotechnology & Genome ETF |
| Invesco Bloomberg Analyst Rating Improvers ETF |
| Invesco Bloomberg MVP Multi-factor ETF |
| Invesco Building & Construction ETF |
| Invesco BuyBack Achievers ETF |
| Invesco Dividend Achievers ETF |
| Invesco Dorsey Wright Basic Material Momentum ETF |
| Invesco Dorsey Wright Consumer Cyclicals Momentum ETF |
| Invesco Dorsey Wright Consumer Staples Momentum ETF |
| Invesco Dorsey Wright Energy Momentum ETF |
| Invesco Dorsey Wright Financial Momentum ETF |
| Invesco Dorsey Wright Healthcare Momentum ETF |
| Invesco Dorsey Wright Industrials Momentum ETF |
| Invesco Dorsey Wright Momentum ETF |
| Invesco Dorsey Wright Technology Momentum ETF |
| Invesco Dorsey Wright Utilities Momentum ETF |
| Invesco Dow Jones Industrial Average Dividend ETF |
| Invesco Energy Exploration & Production ETF |
| Invesco Financial Preferred ETF |
| Invesco Food & Beverage ETF |
| Invesco Global Listed Private Equity ETF |
| Invesco Golden Dragon China ETF |
| Invesco High Yield Equity Dividend Achievers ETF |
| Invesco International Dividend Achievers ETF |
| Invesco Large Cap Growth ETF |
| Invesco Large Cap Value ETF |
| Invesco Leisure and Entertainment ETF |
| Invesco MSCI Sustainable Future ETF |
| Invesco NASDAQ Internet ETF |
| Invesco Next Gen Connectivity ETF |
| Invesco Next Gen Media and Gaming ETF |
| Invesco Oil & Gas Services ETF |
| Invesco Pharmaceuticals ETF |
| Invesco RAFI US 1000 ETF |
| Invesco RAFI US 1500 Small-Mid ETF |
| Invesco S&P 100 Equal Weight ETF |
| Invesco S&P 500 BuyWrite ETF |
| Invesco S&P 500 GARP ETF |
| Invesco S&P 500 Value with Momentum ETF |
| Invesco S&P 500 Equal Weight Communication Services ETF |
| Invesco S&P 500 Equal Weight Consumer Discretionary ETF |
| Invesco S&P 500 Equal Weight Consumer Staples ETF |
| Invesco S&P 500 Equal Weight Energy ETF |
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| Invesco S&P 500 Equal Weight ETF |
| Invesco S&P 500 Equal Weight Financials ETF |
| Invesco S&P 500 Equal Weight Health Care ETF |
| Invesco S&P 500 Equal Weight Industrials ETF |
| Invesco S&P 500 Equal Weight Materials ETF |
| Invesco S&P 500 Equal Weight Real Estate ETF |
| Invesco S&P 500 Equal Weight Technology ETF |
| Invesco S&P 500 Equal Weight Utilities ETF |
| Invesco S&P 500 Pure Growth ETF |
| Invesco S&P 500 Pure Value ETF |
| Invesco S&P 500 Quality ETF |
| Invesco S&P 500 Top 50 ETF |
| Invesco S&P MidCap 400 GARP ETF |
| Invesco S&P MidCap 400 Pure Growth ETF |
| Invesco S&P MidCap 400 Pure Value ETF |
| Invesco S&P MidCap Momentum ETF |
| Invesco S&P MidCap Quality ETF |
| Invesco S&P MidCap Value with Momentum ETF |
| Invesco S&P SmallCap 600 Pure Growth ETF |
| Invesco S&P SmallCap 600 Pure Value ETF |
| Invesco S&P SmallCap Momentum ETF |
| Invesco S&P SmallCap Value with Momentum ETF |
| Invesco S&P Spin-Off ETF |
| Invesco Semiconductors ETF |
| Invesco Water Resources ETF |
| Invesco WilderHill Clean Energy ETF |
| Invesco Zacks Mid-Cap ETF |
| Invesco Zacks Multi-Asset Income ETF |
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