PEJ
Invesco Leisure and Entertainment ETF
📎 Investment Objective
The Invesco Leisure and Entertainment ETF (PEJ) seeks to track the investment results of an index that is designed to provide exposure to companies in the leisure and entertainment industries.
Overview
ETF tracking Invesco Leisure and Entertainment ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Leisure and Entertainment ETF (PEJ) seeks to track the investment results of an index that is designed to provide exposure to companies in the leisure and entertainment industries.
🎯 Investment Strategy
The ETF employs a passive management approach, seeking to track the performance of the NASDAQ US Smart Leisure & Entertainment Index. The index is composed of securities of companies that are engaged in leisure and entertainment activities, including hotels, restaurants, media, and other consumer discretionary businesses.
✨ Key Features
- Provides exposure to a diversified portfolio of companies in the leisure and entertainment sectors
- Utilizes a passive, index-tracking investment approach
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific sector
- Potential volatility due to the discretionary nature of the underlying industries
- Limited liquidity and trading volume compared to larger, more established ETFs
- Lack of long-term performance history to evaluate the fund's consistency
👤 Best For
This ETF may be suitable for investors seeking exposure to the leisure and entertainment industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance and a longer-term investment horizon, as the fund's performance can be influenced by the cyclical nature of the underlying industries.
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