Invesco S&P SmallCap Consumer Discretionary ETF (PSCD)
Invesco S&P SmallCap Consumer Discretionary ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $120.37, up 0.32% on the session, giving a market capitalisation of $23.6M. Its beta of 1.38 implies it has historically moved more than the broad market.
The Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) is designed to track the performance of the S&P SmallCap 600 Capped Consumer Discretionary Index. Typically, the fund commits at least 90% of its total assets to the equities comprising this index. This index is specifically constructed to measure the overall returns of common stocks belonging to U.S. companies within the consumer discretionary sector. These businesses primarily deliver consumer goods and services whose demand is cyclical, including areas like retail, automotive manufacturing, leisure and entertainment, media, and real estate. The index itself is a segment of the broader S&P SmallCap 600 Index, which is a market-capitalization-weighted benchmark, adjusted for publicly available shares, that represents the U.S. small-cap market. Both the fund and its benchmark index are rebalanced and reconstituted quarterly.
Invesco S&P SmallCap Consumer Discretionary ETF is most often compared with the following Financial Services names: