PXQInvesco Dynamic Networking ETF
PXQ Fund Description
PXQ tracks a quantitatively driven index that selects 30 US networking companies it believes will outperform, and weights them in tiers.
PXQ Factset Analytics Insight
PXQ attempts to pick outperformers from a narrow niche networking within the broader internet segment. Using a quant model, it chooses and ranks about 30 companies based on their perceived quality, price and earnings momentum, management action, and value, weights them equally in tiers and rebalances quarterly. The resulting portfolio is heavily invested in communications equipment firms while avoiding retail-focused internet plays. With its tightly defined coverage and quant methodology, the fund can at times deviate significantly from the broad internet industry. The index’s tier weighting reduces concentrations in mega-caps and evenly weights the group of companies across size.
PXQ MSCI ESG Analytics Insight
Invesco Dynamic Networking ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.22 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 Networking ETF ranks in the 30th percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PXQ 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.
PXQ Portfolio Data
PXQ Index Data
PXQ Portfolio Management
PXQ Tax Exposures
PXQ Fund Structure
PXQ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PXQ. PXQ is rated a 4 out of 5.
PXQ Sector/Industry Breakdown
PXQ Top 10 Holdings[View All]
PXQ Economic Development
PXQ Performance Statistics
PXQ MSCI ESG Ratings
PXQ Benchmark Comparison Summary
PXQ Benchmark Comparison Market Cap Size