PSCF - Invesco S&P SmallCap Financials ETFEquity - Sector Equity
The Invesco S&P SmallCap Financials ETF (Fund) is based on the S&P SmallCap 600® Capped Financials & Real Estate Index (Index). The Fund will normally invest at least 90% of its total assets in the securities, which may include real estate investment trusts ("REITs"), of small-capitalization US financial service companies that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.
The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.
|Index History (%)|
|S&P SmallCap 600 Capped Financials & Real Estate Index||20.06||6.43||8.03||10.29||N/A||11.64|
|S&P SmallCap 600 Index||19.22||4.83||8.49||9.53||13.96||12.21|
|Fund History (%)|
|After Tax Held||19.00||4.69||6.80||9.13||N/A||10.62|
|After Tax Sold||11.68||3.89||5.76||7.68||N/A||9.17|
|Fund Market Price||20.20||6.12||7.77||10.03||N/A||11.33|
|Index History (%)|
|S&P SmallCap 600 Capped Financials & Real Estate Index||14.81||-0.62||10.19||11.29||N/A||11.33|
|S&P SmallCap 600 Index||13.46||-9.34||9.33||9.89||13.02||11.85|
|Fund History (%)|
|After Tax Held||13.86||-2.23||8.94||10.11||N/A||10.30|
|After Tax Sold||8.64||-0.24||7.49||8.52||N/A||8.90|
|Fund Market Price||15.02||-0.80||9.92||10.99||N/A||11.03|
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
Growth of $10,000
Data beginning Fund inception and ending 09/30/2019. Fund performance shown at NAV.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
|Industry||Percent of Fund|
|Equity Real Estate Investment Trusts (REITs)||26.94%|
|Mortgage Real Estate Investment Trusts (REITs)||7.53%|
|Thrifts & Mortgage Finance||7.23%|
|Real Estate Management & Development||1.80%|
|Diversified Financial Services||0.63%|
Market Cap & Style Allocations
as of 12/13/2019 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|GBCI||Glacier Bancorp Inc||2.00|
|CBU||Community Bank System Inc||1.87|
|ONB||Old National Bancorp/IN||1.64|
|SFNC||Simmons First National Corp||1.55|
|INDB||Independent Bank Corp||1.52|
|COLB||Columbia Banking System Inc||1.52|
|CVBF||CVB Financial Corp||1.50|
|ADC||Agree Realty Corp||1.50|
|AEL||American Equity Investment Life Holding Co||1.43|
Risk & Other Information
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Stocks of small-capitalization companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale than large companies.
Investments focused in a particular sector, such as financial services, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Investments in real estate related instruments may be affected by economic, legal, or environmental factors that affect property values, rents or occupancies of real estate. Real estate companies, including REITs or similar structures, tend to be small and mid-cap companies and their shares may be more volatile and less liquid.
The S&P SmallCap 600® Index is a market-value weighted index that consists of 600 small-cap U.S. stocks chosen for market size, liquidity and industry group representation.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco Capital Management LLC. The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Invesco. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).