PBE

Invesco Dynamic Biotechnology & Genome ETF
B

71
*Unless otherwise stated, data provided by FactSet.

PBE Fund Description

PBE tracks a tiered equal-weighted index of companies principally engaged in biotechnology and genetic engineering.

PBE Factset Analytics Insight

As is evident from its name, PBE goes beyond the scope of pure biotech firms, which causes PBE to differ substantially from other biotech ETFs and our segment benchmark. Only about 1/2 of its holdings overlap those of our biotech benchmark. Moreover, far from a plain-vanilla approach, PBE's underlying index uses a multifactor system (fundamental and technical factors) to select stocks and a tiered equal-weighting system to construct its portfolio. The approach produces a unique portfolio of biotech and peripheral-industry companies. PBE is one of the least liquid biotech ETFs but, in a highly liquid segment, that still translates to penny-wide spreads and ample block liquidity. While PBE's sizeable fee generates a strong headwind to tracking, it generally recovers some of its expense and overall lags its index by less than its fee.

PBE MSCI ESG Analytics Insight

Invesco Dynamic Biotechnology & Genome ETF has an MSCI ESG Fund Rating of BB based on a score of 2.99 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 Dynamic Biotechnology & Genome ETF ranks in the 8th percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PBE 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.

PBE Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
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  • 3 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PBE -4.64% 0.67% 6.63% -13.65% 7.85% 1.73% 11.90%
PBE (NAV) -4.50% 0.65% 6.21% -13.56% 7.89% 1.74% 11.96%
Dynamic Biotechnology & Genome Intellidex Index -4.44% 0.80% 6.69% -13.01% 8.05% 1.74% 11.96%
Thomson Reuters US Biotechnology & Medical Research -1.71% 2.24% 12.80% -7.62% 7.74% 8.30% 16.80%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PBE Summary Data

Invesco
06/23/05
Open-Ended Fund
0.57%
$226.03M
$446.70K
0.17%

PBE Portfolio Data

$18.72B
44.85
5.06
0.00%
09/23/19
31

PBE Index Data

Tiered
Multi-Factor
Thomson Reuters US Biotechnology & Medical Research

PBE Portfolio Management

0.57%
-0.31%
-0.17%
-0.55%

PBE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PBE Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PBE Factset Analytics Block Liquidity

As of 09/13/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PBE. PBE is rated a 5 out of 5.

PBE Tradability

8,708
$446.70K
7,725
$412.70K
0.17%
$0.09
-0.05%
0.37% / -0.47%
None
100.00%
50,000
0.15
0.02%
0.28%
0
$49.79
5

PBE Sector/Industry Breakdown


PBE
Segment Benchmark
39.90%
41.69%
22.87%
55.96%
15.79%
--
6.34%
--
5.13%
--
4.77%
--
2.78%
2.35%
2.42%
--

PBE Countries


PBE
Segment Benchmark
100.00%
100.00%

PBE Regions


PBE
Segment Benchmark
100.00%
100.00%

PBE Economic Development


PBE
Segment Benchmark
100.00%
100.00%

PBE Performance Statistics

0.91
0.99
1.00
0.97
0.49%
Thomson Reuters US Biotechnology & Medical Research

PBE MSCI ESG Ratings

BB
2.99 / 10
13.10
8.14
--
20.77%
23.25

PBE Benchmark Comparison Holdings

31
140
20
25.22%

PBE Benchmark Comparison Summary


PBE
Segment Benchmark
31
140
$18.72B
$27.97B
44.85
-135.14
5.06
4.98
0.19%
0.70%
Medium
High

PBE Benchmark Comparison Market Cap Size


PBE
Segment Benchmark
29.79%
49.65%
44.50%
32.22%
25.71%
15.58%
0.00%
2.56%