Looking for broad exposure to the Mid Cap Blend segment of the US equity market? You should consider the Invesco S&P MidCap Quality ETF (XMHQ), a passively managed exchange traded fund launched on 12/01/2006.
US Mid-Caps trade near 15x earnings, historically showing strong long-term performance. Invesco S&P MidCap Quality ETF has seen significant volume influx in 2024, offering attractive current valuation. XMHQ features a high-quality portfolio with a focus on SMID-cap growth, though it has sector and seasonality risks to consider.
Looking for broad exposure to the Mid Cap Blend segment of the US equity market? You should consider the Invesco S&P MidCap Quality ETF (XMHQ), a passively managed exchange traded fund launched on 12/01/2006.
Invesco S&P MidCap Quality ETF has shown impressive performance over the last 18 months by employing a fundamental scan for "quality" stocks. XMHQ has a relatively concentrated portfolio with a focus on industrials. Rotation out of consumer discretionary and into financials suggest the scanning process does select better stocks and sectors.