PBS
Invesco Dynamic Media ETFPBS Fund Description
PBS tracks an index of the U.S. media industry stocks. The index uses multifactor selection and tiered equal weighting.
PBS Factset Analytics Insight
Investors currently have only one choice for exposure to media stocks in an ETF, and it's not a pure play. Instead of delivering cap-weighted, market-like exposure to media and publishing firms, PBS selects stocks using multifactor screens. PBS defines the industry broadly enough to include IT, software, retail and other stocks that fall well outside of our media benchmark. Still, our pure play benchmark is quite narrow, which magnifies these differences. By size, the fund has about ½ the exposure to large caps compared with our benchmark. The fund's returns have lagged our benchmark over the past year. With a high fee and wobbly tracking, PBS' 'better mousetrap' isn’t cheap to hold, but investors have no alternatives in an ETF. Still, investors should be able to trade in and out of PBS fairly without additional undue costs.
PBS MSCI ESG Analytics Insight
Invesco Dynamic Media ETF has an MSCI ESG Fund Rating of BB based on a score of 2.90 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 Media ETF ranks in the 7th percentile within its peer group and in the 12nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PBS 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.
PBS Charts And Performance
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PBS Portfolio Data
PBS Index Data
PBS Portfolio Management
PBS Tax Exposures
PBS Fund Structure
PBS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PBS. PBS is rated a 4 out of 5.
PBS Tradability
PBS Sector/Industry Breakdown
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PBS Top 10 Holdings[View All]
PBS Countries
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PBS Regions
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PBS Economic Development
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PBS Performance Statistics
PBS MSCI ESG Ratings
PBS Benchmark Comparison Summary
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PBS Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.