PKBInvesco Dynamic Building & Construction ETF
PKB Fund Description
PKB tracks an index of building and construction companies, selected using multiple factors and weighted in tiers.
PKB Factset Analytics Insight
PKB covers the US building and construction industry and related services. The scope further expands to manufacturers of materials for home improvement and general construction and specialized machinery for construction, companies that provide installation, maintenance work, and land developers. Portfolio construction begins with the 2,000 largest, most liquid stocks on the NYSE, NYSE MKT and the NASDAQ. Firms are evaluated by multiple factors: price and earnings momentum, quality (ROE, asset turnover, FCF margin), management action (change in capital expenditure, share buybacks, total dividends paid), and value. The resulting portfolio of 30 stocks is weighted in tiers, grouped by market cap, then equally-weighted within their groups. The tiered weighting scheme creates a small-cap tilt. Top-ranked larger stocks receive 40% of index weight, while the top-ranked smaller stocks are given 60%. The Index undergoes quarterly rebalance and reconstitution starting each February.
PKB MSCI ESG Analytics Insight
Invesco Dynamic Building & Construction ETF has an MSCI ESG Fund Rating of AA based on a score of 7.96 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 Building & Construction ETF ranks in the 90th percentile within its peer group and in the 94th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PKB 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.
PKB Portfolio Data
PKB Index Data
PKB Portfolio Management
PKB Tax Exposures
PKB Fund Structure
PKB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PKB. PKB is rated a 5 out of 5.
PKB Sector/Industry Breakdown
PKB Top 10 Holdings[View All]
PKB Economic Development
PKB Performance Statistics
PKB MSCI ESG Ratings
PKB Benchmark Comparison Summary
PKB Benchmark Comparison Market Cap Size