PSP

Invesco Global Listed Private Equity ETF
*Unless otherwise stated, data provided by FactSet.

PSP Fund Description

PSP tracks an index of 40 to 60 publicly listed private equity firms.

PSP Factset Analytics Insight

PSP is the largest and most liquid private-equity-focused ETF available on the market. It casts a wider net than peer funds, and captures the publicly listed private equity space differently than our benchmark. The fund underweights some industry classifications, reallocating those assets to some industries we consider outside the segment, like conglomerates. Still, it offers decent coverage of a hard-to-define space. It weights its holdings by market cap, modified to allocate about 65% of its portfolio to late-stage private equity, 25% to midstage and 10% to early-stage. PSP caps individual holding weights at 10% and reconstitutes and rebalances its portfolio quarterly. The fund's distribution yield has at times received an unfortunate assist from falling share prices, so be sure to check the latest data for both total return and yield. Liquidity is fine but nothing special; PSP trades in modest volumes each day with manageable spreads. Larger investors should note that creations and redemptions can impact underlying prices. With a staggeringly high expense ratio that reflects the fund fees of the underlying basket, PSP isn't exactly Efficient, but it's a reasonable offering for a fairly expensive space.

PSP MSCI ESG Analytics Insight

Invesco Global Listed Private Equity ETF has an MSCI ESG Fund Rating of BB based on a score of 4.15 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 Global Listed Private Equity ETF ranks in the 21st percentile within its peer group and in the 15th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PSP 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.

PSP Charts And Performance

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PERFORMANCE [as of 07/31/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PSP 3.19% 16.62% -12.87% -1.89% 1.21% 4.31% 8.64%
ticker (NAV) 3.94% 16.91% -12.01% -2.80% 1.66% 4.53% 8.78%
S&P Listed Private Equity -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PSP Summary Data

Invesco
10/24/06
Open-Ended Fund
1.78%
$152.15M
$1.57M
0.31%
PEX

PSP Portfolio Data

$10.09B
-91.50
1.16
8.51%
09/21/20
64

PSP Index Data

Tiered
Committee
S&P Listed Private Equity

PSP Portfolio Management

1.78%
--
--
--

PSP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PSP Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

PSP Factset Analytics Block Liquidity

As of 08/03/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PSP. PSP is rated a 3 out of 5.

PSP Tradability

146,336
$1.57M
94,735
$1.01M
0.31%
$0.03
-0.10%
4.03% / -1.71%
None
0.00%
50,000
1.89
0.00%
0.34%
2,207
$10.75
3

PSP Sector/Industry Breakdown


PSP
Segment Benchmark
44.80%
--
13.50%
--
8.95%
--
6.56%
--
6.39%
--
3.21%
--
2.88%
--
2.47%
--
2.26%
--
2.23%
--

PSP Top 10 Holdings[View All]

6.37%
6.33%
6.12%
5.49%
4.30%
4.10%
3.69%
2.73%
2.57%
2.46%
44.16%

PSP Countries


PSP
Segment Benchmark
39.35%
--
19.49%
--
7.64%
--
6.56%
--
6.02%
--
4.52%
--
3.42%
--
3.17%
--
2.88%
--
2.08%
--

PSP Regions


PSP
Segment Benchmark
45.42%
--
42.77%
--
11.51%
--
0.30%
--

PSP Economic Development


PSP
Segment Benchmark
99.70%
--
0.30%
--

PSP Performance Statistics

--
--
--
--
0.00%
S&P Listed Private Equity

PSP MSCI ESG Ratings

4.15 / 10
15.28
20.99
3.46%
0.80%
21.27

PSP Benchmark Comparison Holdings

64
--
--
0.00%

PSP Benchmark Comparison Summary


PSP
Segment Benchmark
64
--
$10.09B
--
-91.50
--
1.16
--
4.27%
--
Medium
High

PSP Benchmark Comparison Market Cap Size


PSP
Segment Benchmark
24.88%
--
37.50%
--
29.56%
--
8.06%
--