POWA

Invesco Bloomberg Pricing Power ETF

$89.47
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Invesco Bloomberg Pricing Power ETF (POWA) seeks to track the investment results of an index that measures the performance of companies with strong pricing power.

Overview

ETF tracking Invesco Bloomberg Pricing Power ETF

Category Utilities
Issuer Invesco
Inception Date 2018-04-09
Market Cap $188.8M
Average Volume N/A
Dividend Yield 0.72%
52-Week Range $73.95 - $92.16
VWAP $89.72

Performance

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Investment Summary

📎 Investment Objective

The Invesco Bloomberg Pricing Power ETF (POWA) seeks to track the investment results of an index that measures the performance of companies with strong pricing power.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are expected to have the ability to maintain or increase prices for their products or services, which may help protect their profit margins. The fund's holdings are selected and weighted based on factors that indicate pricing power.

✨ Key Features

  • Focuses on companies with strong pricing power, which may provide some protection against inflation
  • Diversified portfolio across the utilities sector
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Sector concentration risk as the fund is focused solely on the utilities sector
  • Potential volatility as the fund's performance is tied to the ability of its holdings to maintain pricing power
  • Limited track record makes it difficult to evaluate long-term performance
  • Low assets under management may impact liquidity and trading efficiency

👤 Best For

This ETF may be suitable for investors seeking exposure to companies with strong pricing power, particularly in the utilities sector, as a potential hedge against inflation. However, the fund's limited history and small asset base make it more appropriate for investors with a higher risk tolerance and a long-term investment horizon.