CZAInvesco Zacks Mid-Cap ETF
CZA Fund Description
CZA holds a proprietary-selected portfolio of 100 midcap US stocks. The fund seeks to outperform pure market-cap indexes.
CZA Factset Analytics Insight
CZA aims to outperform the US market by using a proprietary, multi-factor approach to identify midcap securities with potentially superior risk/return profiles. Investors should understand that CZA's portfolio differs greatly from a vanilla market-cap-weighted ETF. The fund comes with significant sector tilts—it heavily overweights financials while underweighting consumer cyclicals. The index is reconstituted on a quarterly basis.
CZA MSCI ESG Analytics Insight
Invesco Zacks Mid-Cap ETF has an MSCI ESG Fund Rating of AA based on a score of 7.70 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco Zacks Mid-Cap ETF ranks in the 86th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CZA MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CZA Summary Data
CZA Portfolio Data
CZA Index Data
CZA Portfolio Management
CZA Tax Exposures
CZA Fund Structure
CZA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CZA. CZA is rated a 5 out of 5.
CZA Sector/Industry Breakdown
CZA Economic Development
CZA Performance Statistics
CZA MSCI ESG Ratings
CZA Benchmark Comparison Summary
CZA Benchmark Comparison Market Cap Size