CZA

Invesco Zacks Mid-Cap ETF

$109.56
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Invesco Zacks Mid-Cap ETF (CZA) seeks to track the investment results of an index that measures the performance of mid-capitalization U.S. equities.

Overview

ETF tracking Invesco Zacks Mid-Cap ETF

Category Mid Cap
Issuer Invesco
Inception Date 2018-04-09
Market Cap $183.0M
Average Volume N/A
Dividend Yield 1.20%
52-Week Range $90.93 - $113.57
VWAP $109.67

Performance

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Investment Summary

📎 Investment Objective

The Invesco Zacks Mid-Cap ETF (CZA) seeks to track the investment results of an index that measures the performance of mid-capitalization U.S. equities.

🎯 Investment Strategy

The fund employs a passive management approach, attempting to replicate the performance of the Zacks Mid-Cap Index. It invests in a representative sample of securities in the index in an effort to achieve its investment objective.

✨ Key Features

  • Provides exposure to a diversified portfolio of mid-cap U.S. stocks
  • Passively tracks the Zacks Mid-Cap Index, which is designed to identify companies with strong growth potential
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad mid-cap market exposure

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities it holds
  • Concentration risk: The fund may be susceptible to losses due to adverse occurrences affecting a particular industry or sector
  • Tracking error risk: The fund may not perfectly track the underlying index
  • Liquidity risk: Certain securities may be difficult to sell at the desired time and price

👤 Best For

The Invesco Zacks Mid-Cap ETF may be suitable for investors seeking broad exposure to the mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.