XSHQ Invesco S&P SmallCap Quality ETF
What is XSHQ?
XSHQ tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap.
XSHQ Factset Analytics Insight
XSHQ aims to provide exposure to S&P SmallCap 600 stocks with sound fundamentals. The fund focuses on three quality screening metrics: (1) a profitability metric that is return-on-equity (ROE), (2) accruals ratio, which is a reflection on earnings quality, and (3) financial leverage ratio, which determines firm’s financial risk. These measures are equally-weighted to produce a quality score. XSHQ selects the top 120 stocks with the highest quality score for inclusion. Selected securities are then weighted by their quality scores, scaled by their market capitalizations. For diversification purposes, the maximum allocation for any single sector is 40% and each individual security is capped at 5% weight of the portfolio. The index rebalances semi-annually in June and December.
XSHQ Summary Data
XSHQ Portfolio Data
XSHQ Index Data
XSHQ Portfolio Management
XSHQ Tax Exposures
XSHQ Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XSHQ. XSHQ is rated a 4 out of 5.
XSHQ Sector/Industry Breakdown
XSHQ Top 10 Holdings
XSHQ Performance Statistics
XSHQ Economic Development
XSHQ Benchmark Comparison Summary
XSHQ Benchmark Comparison Market Cap Size