The Invesco 1-30 Laddered Treasury ETF (PLW) generally allocates a minimum of 80% of its total capital to the securities that comprise its benchmark index. This index is meticulously administered by Nasdaq, Inc., which operates under stringent guidelines and established protocols. Its purpose is to assess the potential performance of a hypothetical portfolio consisting of U.S. Treasury bonds, structured with a yield curve that encompasses 30 individual annual maturity periods.