PSL

Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Consumer Staples Momentum ETF

$100.41

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) seeks to track the investment results of an index that is designed to provide exposure to U.S. consumer staples companies exhibiting strong relative strength or 'momentum'.

Overview

ETF tracking Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Consumer Staples Momentum ETF

Category Consumer Staples

Issuer Invesco

Inception Date 2016-12-07

Market Cap $87.4M

Average Volume N/A

Dividend Yield 0.90%

52-Week Range $99.52 - $114.01

VWAP $100.41

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund tracks the Dorsey Wright Consumer Staples Technical Leaders Index, which uses a momentum-based methodology to identify and invest in consumer staples stocks that demonstrate strong relative strength compared to their peers. The portfolio is rebalanced and reconstituted quarterly.

✨ Key Features

Focuses on consumer staples stocks exhibiting positive momentum
Utilizes a rules-based, quantitative approach to security selection
Diversified portfolio across the consumer staples sector
Low expense ratio of 0.00%

⚠️ Primary Risks

Sector concentration risk as the fund is focused solely on the consumer staples sector
Momentum investing style risk as the fund may underperform during periods when momentum strategies are out of favor
Potential for higher volatility compared to a broad market index
Liquidity risk due to the fund's small asset base

👤 Best For

This ETF may be suitable for investors seeking exposure to the consumer staples sector with a focus on stocks exhibiting positive momentum. It could be used as a tactical or satellite holding within a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with sector-specific and momentum-based investing.