PSJ Invesco Dynamic Software ETF
What is PSJ?
PSJ tracks an index that uses a quantitative model to select US software companies across the market cap spectrum.
PSJ Factset Analytics Insight
PSJ does not attempt to mimic the software industry. Instead, it selects 30 companies based on its analysis of risk factors, style classification and stock valuation, with the hope of outperforming the industry. Specifically, stocks are evaluated based on five factors, such as price momentum, earnings momentum, quality, management action, and value. Despite including big names, PSJ's tiered weighting system shifts its focus to smaller-growth companies — more than 30% is allocated to small- and micro-caps. This means that it reduces concentrations in mega-caps and evenly weights the group of companies across size. It also tilts away from pure software exposure, pulling in related industries such as IT services & consulting. The fund and the index are rebalanced and reconstituted quarterly in February, May, August and November.
PSJ Summary Data
PSJ Portfolio Data
PSJ Index Data
PSJ Portfolio Management
PSJ Tax Exposures
PSJ Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PSJ. PSJ is rated a 4 out of 5.
PSJ Sector/Industry Breakdown
PSJ Top 10 Holdings
PSJ Performance Statistics
PSJ Economic Development
PSJ Benchmark Comparison Summary
PSJ Benchmark Comparison Market Cap Size