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ETFs

Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap Energy ETF

PSCE
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Apr 07 2010
Expense Ratio
0.29%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$769,809
AUM
$200,938,219
Associated Index
S&P SmallCap 600 Capped Energy Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CIVI
Civitas Resources Inc - Ordinary Shares New
8.94%
SM
SM Energy Co
8.43%
HP
Helmerich & Payne, Inc.
8.37%
NOG
Northern Oil and Gas Inc.
6.30%
PTEN
Patterson-UTI Energy Inc
5.69%
CEIX
Consol Energy Inc
4.91%
GPRE
Green Plains Inc
4.64%
OII
Oceaneering International, Inc.
4.23%
CPE
Callon Petroleum Co.
4.12%
INT
World Fuel Services Corp.
3.69%
Invest with PSCE

What is PSCE?

The Invesco S&P SmallCap Energy ETF (Fund) is based on the S&P SmallCap 600 Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy.

ETFs related toPSCE

ETFs correlated to PSCE include XES, XOP, GUSH

PSCE
Invesco Capital Management LLC - Invesco S&P SmallCap Energy ETF
XES
SPDR Series Trust - SPDR Oil & Gas Equipment and Services ETF
XOP
SPDR Series Trust - SPDR Oil & Gas Exploration and Production ETF
GUSH
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares
PXJ
Invesco Capital Management LLC - Invesco Dynamic Oil & Gas Services ETF
OIH
VanEck ETF Trust - VanEck Oil Services ETF
PXE
Invesco Capital Management LLC - Invesco Dynamic Energy Exploration & Production ETF
FCG
First Trust Exchange-Traded Fund III - First Trust Natural Gas ETF
IEZ
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil Equipment & Services ETF
FTXN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Oil & Gas ETF
IEO
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil & Gas Exploration & Production ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PSCE is a US Equities ETF. The Invesco S&P SmallCap Energy ETF (Fund) is based on the S&P SmallCap 600 Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy.

PSCE tracks the S&P SmallCap 600 Capped Energy Index.

No, PSCE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PSCE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PSCE is 0.0855%. This is the percent change in the value of PSCE over the most recent 1-month period. The 3-month return on PSCE is -0.0424%. This is the percent change in the value of PSCE over the most recent 3-month period.

The standard deviation of PSCE for the past year is 0.47%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PSCE include XLV, XLK, and XLU.

ETFs correlated to PSCE include XES, XOP, and GUSH.

ETFs that are inversely correlated to PSCE include DRIP, OILD, and DUG.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.