XMHQ

📎 Investment Objective

The Invesco S&P MidCap Quality ETF (XMHQ) seeks to track the investment results of an index that is designed to provide exposure to mid-capitalization U.S. companies with high-quality characteristics.

✨ Key Features

• Provides exposure to mid-cap U.S. equities with a focus on quality characteristics
• Tracks the S&P MidCap 400 Quality Index, which selects companies based on profitability, earnings quality, and leverage
• Passive, index-based approach aims to deliver market-like returns with potentially lower volatility
• Low expense ratio of 0.00% makes it a cost-effective option for mid-cap equity exposure

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
• Sector concentration risk: The ETF may be more susceptible to factors affecting its target sector or industry
• Mid-cap risk: Investments in mid-capitalization companies may be subject to more abrupt or erratic market movements
• Quality factor risk: The quality factor may underperform the broader market at times

👤 Best For

The Invesco S&P MidCap Quality ETF may be suitable for investors seeking exposure to mid-cap U.S. equities with a focus on high-quality companies. It could be a core holding in a diversified portfolio or used as a complement to a broader mid-cap or total market index fund. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with mid-cap equity investing.