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ETFs

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

PSCM
$--
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)
$366,686
AUM
$21,111,182
Associated Index
S&P SmallCap 600 Capped Materials Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ATI
ATI Inc
9.65%
BCPC
Balchem Corp.
7.70%
LTHM
Livent Corp
7.20%
FUL
H.B. Fuller Company
6.95%
OI
O-I Glass Inc
6.49%
ARNC
Arconic Corporation
5.31%
KWR
Quaker Houghton
4.60%
IOSP
Innospec Inc
4.56%
MTRN
Materion Corp
4.49%
SCL
Stepan Co.
4.07%
Invest with PSCM

What is PSCM?

The Invesco S&P SmallCap Materials ETF (Fund) is based on the S&P SmallCap 600 Capped Materials 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 basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.

ETFs related toPSCM

ETFs correlated to PSCM include PYZ, FMAT, VAW

PSCM
Invesco Capital Management LLC - Invesco S&P SmallCap Materials ETF
PYZ
Invesco Capital Management LLC - Invesco DWA Basic Materials Momentum ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
VAW
Vanguard Group, Inc. - Vanguard Materials ETF
RTM
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Materials ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
PAVE
Global X Funds - Global X U.S. Infrastructure Development ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials 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.

Automated Strategies
Related toPSCM

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with PSCM using Composer

FAQ

PSCM is a US Equities ETF. The Invesco S&P SmallCap Materials ETF (Fund) is based on the S&P SmallCap 600 Capped Materials 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 basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.

PSCM tracks the S&P SmallCap 600 Capped Materials Index.

No, PSCM 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, PSCM 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 PSCM is -0.0702%. This is the percent change in the value of PSCM over the most recent 1-month period. The 3-month return on PSCM is 0.0201%. This is the percent change in the value of PSCM over the most recent 3-month period.

The standard deviation of PSCM for the past year is 0.3087%. 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 PSCM include XLI, XLE, and XLP.

ETFs correlated to PSCM include PYZ, FMAT, and VAW.

ETFs that are inversely correlated to PSCM include TWM, SRTY, and TZA.

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.