DEFInvesco Defensive Equity ETF
DEF Fund Description
The Invesco Defensive Equity ETF tracks an index that aims to outperform in down markets while maintaining upside potential. The equal-weighted index picks 100 US stocks using proprietary methods.
DEF Factset Analytics Insight
DEF does defense in a different way. Typically defensive stock portfolios base their methods on a fund’s beta, but DEF starts with the S&P 500, calculates each constituent’s probability of maintaining revenues that support its current stock price, and keeps the top 80%. After that, the remaining stocks are then ranked by beta, eliminating the top 25%. Next, down-market volatility is tested, keeping the half of the stocks that score the lowest. Finally, the initial metric of probability of supporting the current stock price is revisited, where the fund selects the 100 stocks with the highest probability. The fund is equal-weighted.
Note: On October 24, 2016, DEF changed its index from the Sabrient Defensive Euity Index to the current index.
DEF CHARTS AND PERFORMANCE
DEF Top 10 Countries
DEF Top 10 Sectors
DEF Top 10 Holdings [View All]
DEF Summary Data
DEF Portfolio Data
DEF Index Data
DEF Portfolio Management
DEF Tax Exposures
DEF Fund Structure
DEF Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DEF. DEF is rated a 5 out of 5.
DEF Sector/Industry Breakdown
DEF TOP 10 HOLDINGS[View All]
DEF Economic Development
DEF Performance Statistics
DEF BENCHMARK COMPARISON SUMMARY
DEF BENCHMARK COMPARISON MARKET CAP SIZE