PSLInvesco DWA Consumer Staples Momentum ETF
PSL Fund Description
PSL tracks an index of US consumer non-cyclical firms selected and weighted by price momentum.
PSL Factset Analytics Insight
PSL provides an alternate take on US consumer staples firms. It starts its selection universe covering about 2,000 of the largest companies by market cap within the NASDAQ US Benchmark Index. The fund then follows the Dorsey-Wright Technical Leaders Index’s momentum-focused scoring scheme to narrow down its constituents to a minimum of 30. At the same time, this momentum score will also be the basis of their respective weightings. Meaning, securities that scored the highest receives greater weight in the index. This relative strength strategy aims to focus on securities’ performance when it comes to intermediate and long-term upward price movements as compared to a market benchmark. Index rebalancing and reconstitution occurs quarterly.
PSL MSCI ESG Analytics Insight
Invesco DWA Consumer Staples Momentum ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.61 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 DWA Consumer Staples Momentum ETF ranks in the 34th percentile within its peer group and in the 34th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PSL 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.
PSL Summary Data
PSL Portfolio Data
PSL Index Data
PSL Portfolio Management
PSL Tax Exposures
PSL Fund Structure
PSL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PSL. PSL is rated a 4 out of 5.
PSL Sector/Industry Breakdown
PSL Top 10 Holdings[View All]
PSL Economic Development
PSL Performance Statistics
PSL MSCI ESG Ratings
PSL Benchmark Comparison Summary
PSL Benchmark Comparison Market Cap Size