About PSCH ETF
INVESCO SP SMALLCAP HEALTHCARE ETF (PSCH) tracks a market cap-weighted index of small-cap health care companies taken from the S&P SmallCap 600 Index. PSCH targets small-cap companies in the healthcare space. PSCH is overweight in healthcare equipment & healthcare providers, with a deep underweight to pharma. Over 3/4 of the cap-weighted fund is invested in companies with less than $2.7B in market-cap. Its weighted average market cap is small compared to the broader industry. Smaller Works For This Health Care ETF 4 ETFs To Play A Booming Healthcare Sector About the Fund Manager: Invesco was incorporated in 1935, offers insightful financial strategies through their diversified product offerings and manages $987.8B. Invesco is an American independent investment management company that has branch offices in 25 countries with more than 7000 employees. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. PSCH has an average volume with sizable spreads, however has a low cost and offers sufficient liquidity to trade. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| Invesco SP SmallCap Healthcare ETF | 8.05% | 73.55% | 18.29% | 22.30% | 19.61% |
Asset Class
Asset type breakdown
PSCH Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Omnicell, Inc | 4.92% | |
| NeoGenomics, Inc | 4.78% | |
| The Ensign Group, Inc | 4.20% | |
| Glaukos Corporation | 3.36% | |
| CONMED Corporation | 3.36% | |
| Select Medical Holdings Corporation | 3.19% | |
| AMN Healthcare Services, Inc | 3.02% | |
| R1 RCM Inc | 2.63% | |
| Integer Holdings Corporation | 2.62% | |
| Pacira BioSciences, Inc | 2.57% |
PSCH Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Healthcare | 97.77% | |
| Technology | 1.02% | |
| Financial Services | 0.83% | |
| Industrials | 0.38% |
PSCH Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 100% |
Projected Returns
Returnsbased on historic SIP returns of 18.09% per annum
PSCH Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | PSCH | |
| Exchange | XNAS | |
| ISIN | US46138E1495 |
| Cat. Benchmark | MSCI ACWI NR USD | |
| Asset class | Equity | |
| Category | Health | |
| Country | US |
PSCH Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.29 | i |
| Beta | 1.14 | i |
| Valuations Rates Portfolio PE | 24.27155 | i |
| 3 Year Standard Deviation | 24.52 | i |
Fund Strategy
The investment seeks to track the investment results of the S&P SmallCap 600 Capped Health Care Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities of small-capitalization U.S. healthcare companies that comprise the underlying index. These companies are principally engaged in the business of providing healthcare-related products, facilities, and services, including biotechnology, pharmaceuticals, medical technology, and supplies.
PSCH Fact Sheets & Reports
About Invesco
Invesco is an independent American investment manager founded in 1935 headquartered in Georgia, United States. Today, Invesco has a global presence and has investments across different asset classes. Invesco looks to invest in companies with solid financials and strong balance sheet and fixed income with investment grade debt rating.
