PEJInvesco Dynamic Leisure and Entertainment ETF
PEJ Fund Description
PEJ tracks a multi-factor, tiered equal-weighted index of US entertainment and leisure industry stocks.
PEJ Factset Analytics Insight
PEJ selects US stocks using quant screens rather than delivering a market-cap-weighted basket that reflects the industry. Its stock selection process is a bit opaque beyond the broad descriptions of its screens: fundamental, timeliness, valuation and risk. Specifically, stocks are evaluated based on five factors: price momentum, earnings momentum, quality, management action, and value. PEJ holds about 30 stocks, including restaurant chains, which are excluded from other funds in the leisure & entertainment segment. The index’s tier weighting reduces concentrations in mega-caps and evenly weights the group of companies across size. The fund and the index are rebalanced and reconstituted quarterly in February, May, August and November.
PEJ MSCI ESG Analytics Insight
Invesco Dynamic Leisure and Entertainment ETF has an MSCI ESG Fund Rating of BB based on a score of 3.40 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 Leisure and Entertainment ETF ranks in the 8th percentile within its peer group and in the 19th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PEJ 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.
PEJ Portfolio Data
PEJ Index Data
PEJ Portfolio Management
PEJ Tax Exposures
PEJ Fund Structure
PEJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PEJ. PEJ is rated a 5 out of 5.
PEJ Sector/Industry Breakdown
PEJ Economic Development
PEJ Performance Statistics
PEJ MSCI ESG Ratings
PEJ Benchmark Comparison Summary
PEJ Benchmark Comparison Market Cap Size