Invesco S&P Spin-Off ETF (CSD)
Invesco S&P Spin-Off ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $136.32, up 1.41% on the session, giving a market capitalisation of $111.5M. Its beta of 1.14 implies it has historically moved more than the broad market.
The Invesco S&P Spin-Off ETF (CSD) aims to mirror the performance of the S&P U.S. Spin-Off Index. This fund commits at least 90% of its total investments to the stocks and depositary receipts that make up its benchmark index. The index itself consists of businesses that have separated from larger parent entities within the last four years. Its performance is measured using the gross total return, which fully incorporates all dividend payments. Both the ETF and its tracking index are adjusted on a monthly basis.
Invesco S&P Spin-Off ETF is most often compared with the following Financial Services names: