Invesco Sp Spin Off Etf Profile
| CSD Etf | USD 88.91 0.17 0.19% |
Performance18 of 100
| Odds Of DistressLess than 9
|
Invesco SP is trading at 88.91 as of the 30th of November 2024, a 0.19 percent increase since the beginning of the trading day. The etf's lowest day price was 88.91. Invesco SP has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Invesco SP Spin Off are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. SP Spin-Off is traded on NYSEARCA Exchange in the United States. More on Invesco SP Spin Off
Moving together with Invesco Etf
| 0.97 | VO | Vanguard Mid Cap | PairCorr |
| 0.95 | VXF | Vanguard Extended Market | PairCorr |
| 0.96 | IJH | iShares Core SP | PairCorr |
| 0.96 | IWR | iShares Russell Mid | PairCorr |
| 0.96 | MDY | SPDR SP MIDCAP | PairCorr |
| 0.96 | FV | First Trust Dorsey | PairCorr |
Moving against Invesco Etf
Invesco Etf Highlights
| Thematic Idea | Strategy ETFs (View all Themes) |
| Old Names | [iShares Short Duration High Income ETF (CAD-Hedged) Common Class, Consolidated Tin Mines Limited] |
| Business Concentration | Strategy ETFs, Mid-Cap Blend, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2006-12-15 |
| Benchmark | S&P U.S. Spin-Off Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 2,612.3 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 64.0 |
| Market Maker | IMC |
| Total Expense | 0.71 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 37.6 |
| Name | Invesco SP Spin-Off ETF |
| Currency Code | USD |
| Open Figi | BBG00KJR1RQ6 |
| In Threey Volatility | 21.97 |
| 1y Volatility | 17.54 |
| 200 Day M A | 73.813 |
| 50 Day M A | 82.7418 |
| Code | CSD |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.33 |
Invesco SP Spin Off [CSD] is traded in USA and was established 2006-12-15. The fund is classified under Mid-Cap Blend category within Invesco family. The entity is thematically classified as Strategy ETFs. Invesco SP Spin currently have 50.03 M in assets under management (AUM). , while the total return for the last 3 years was 13.3%.
Check Invesco SP Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco SP Spin Off Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco SP Spin Off Etf Constituents
| PENN | Penn National Gaming | Stock | Consumer Discretionary | |
| AA | Alcoa Corp | Stock | Materials | |
| LW | Lamb Weston Holdings | Stock | Consumer Staples | |
| PYPL | PayPal Holdings | Stock | Financials | |
| VMEO | Vimeo Inc | Stock | Information Technology | |
| BHF | Brighthouse Financial | Stock | Financials | |
| HPE | Hewlett Packard Enterprise | Stock | Information Technology | |
| CNXC | Concentrix | Stock | Industrials |
Invesco SP Spin Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1541 | |||
| Jensen Alpha | 0.0917 | |||
| Total Risk Alpha | 0.0298 | |||
| Sortino Ratio | 0.0963 |
Invesco SP Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco SP Spin Off. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Invesco SP Spin is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco SP's market value can be influenced by many factors that don't directly affect Invesco SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.