Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL)
ETF overview
PSL provides an alternate take on US consumer staples firms. It starts its selection universe covering about 2,000 of the largest companies by market cap within the NASDAQ US Benchmark Index. The fund then follows the Dorsey-Wright Technical Leaders Indexs momentum-focused scoring scheme to narrow down its constituents to a minimum of 30. At the same time, this momentum score will also be the basis of their respective weightings. Meaning, securities that scored the highest receives greater weight in the index. This relative strength strategy aims to focus on securities performance when it comes to intermediate and long-term upward price movements as compared to a market benchmark. Index rebalancing and reconstitution occurs quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Consumer Staples Momentum ETF.
Fund facts
- Expense ratio
- 0.76%
- Fund assets
- 81.06M USD (all share classes)
- Issuer
- Invesco
- Inception date
- Oct 12, 2006
- Number of holdings
- 48
Breakdown
Holdings (48)
| Name | Ticker | Weight |
|---|---|---|
| Casey's General Stores Inc | CASY | 4.05% |
| US Foods Holding Corp | USFD | 3.76% |
| Estee Lauder Cos Inc/The | EL | 3.70% |
| Performance Food Group Co | PFGC | 3.50% |
| elf Beauty Inc | ELF | 3.45% |
| BJ's Wholesale Club Holdings Inc | BJ | 3.43% |
| Philip Morris International Inc | PM | 3.41% |
| Archer-Daniels-Midland Co | ADM | 3.29% |
| Coca-Cola Co/The | KO | 3.10% |
| Monster Beverage Corp | MNST | 3.01% |
| and 35 more | ||
Similar ETFs
- Invesco S&P 500 Equal Weight Consumer Staples ETFRSPS · Overlap 36% · Expense ratio 0.40%
- Invesco Food & Beverage ETFPBJ · Overlap 32% · Expense ratio 0.64%
- Fidelity MSCI Consumer Staples Index ETFFSTA · Overlap 31% · Expense ratio 0.08%
- Vanguard Consumer Staples ETFVDC · Overlap 31% · Expense ratio 0.09%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL)
- Expense ratio
- 0.76%
- Fund assets
- 81.06M USD (all share classes)
- Issuer
- Invesco
- Inception date
- Oct 12, 2006
- Number of holdings
- 48
| Name | Ticker | Weight |
|---|---|---|
| Casey's General Stores Inc | CASY | 4.05% |
| US Foods Holding Corp | USFD | 3.76% |
| Estee Lauder Cos Inc/The | EL | 3.70% |
| Performance Food Group Co | PFGC | 3.50% |
| elf Beauty Inc | ELF | 3.45% |
| BJ's Wholesale Club Holdings Inc | BJ | 3.43% |
| Philip Morris International Inc | PM | 3.41% |
| Archer-Daniels-Midland Co | ADM | 3.29% |
| Coca-Cola Co/The | KO | 3.10% |
| Monster Beverage Corp | MNST | 3.01% |
| and 35 more | ||
PSL provides an alternate take on US consumer staples firms. It starts its selection universe covering about 2,000 of the largest companies by market cap within the NASDAQ US Benchmark Index. The fund then follows the Dorsey-Wright Technical Leaders Indexs momentum-focused scoring scheme to narrow down its constituents to a minimum of 30. At the same time, this momentum score will also be the basis of their respective weightings. Meaning, securities that scored the highest receives greater weight in the index. This relative strength strategy aims to focus on securities performance when it comes to intermediate and long-term upward price movements as compared to a market benchmark. Index rebalancing and reconstitution occurs quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Consumer Staples Momentum ETF.
- Invesco S&P 500 Equal Weight Consumer Staples ETFRSPS · Overlap 36% · Expense ratio 0.40%
- Invesco Food & Beverage ETFPBJ · Overlap 32% · Expense ratio 0.64%
- Fidelity MSCI Consumer Staples Index ETFFSTA · Overlap 31% · Expense ratio 0.08%
- Vanguard Consumer Staples ETFVDC · Overlap 31% · Expense ratio 0.09%
Overlap is the share of assets the two funds hold in common.
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