CSD

Invesco S&P Spin-Off ETF

$95.67
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Invesco S&P Spin-Off ETF (CSD) seeks to track the investment results of an index that measures the performance of companies that have been spun off from larger corporations.

Overview

ETF tracking Invesco S&P Spin-Off ETF

Category Other
Issuer Invesco
Inception Date 2018-04-09
Market Cap $80.4M
Average Volume N/A
Dividend Yield 0.14%
52-Week Range $64.11 - $99.27
VWAP $96.16

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P Spin-Off ETF (CSD) seeks to track the investment results of an index that measures the performance of companies that have been spun off from larger corporations.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to replicate the S&P U.S. Spin-Off Index, which is composed of companies that have been spun off from larger corporations within the past four years. The fund uses a sampling approach to try to achieve its investment objective.

✨ Key Features

  • Provides exposure to companies that have recently been spun off from larger corporations
  • Tracks the S&P U.S. Spin-Off Index, which is designed to measure the performance of such spin-off companies
  • Uses a sampling approach to try to replicate the index performance
  • Has a low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector (spin-off companies)
  • Potential for higher volatility as spin-off companies may be smaller and less established
  • Tracking error risk as the fund may not perfectly replicate the index performance
  • Liquidity risk as some spin-off companies may have lower trading volumes

👤 Best For

This ETF may be suitable for investors seeking exposure to the spin-off segment of the market as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential volatility of this specialized sector.