Invesco S&P SmallCap Consumer Discretionary ETF (PSCD)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
PSCD Chart
PSCD: Attractive Valuations, But Not Much Else Going For It
PSCD offers exposure to small-cap consumer discretionary stocks, with the bulk of the holdings comprising specialty retailers and those involved in household durables. PSCD suffers from high volatility, an uncomfortable tracking error, and a dispiriting track record (both short and long-term) of risk-adjusted returns. Current sector fundamentals are weak, with declining retail sales, limited consumer spending appetite, and potential inventory build-up.
Invesco S&P SmallCap Consumer Discretionary ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Roseann Higgins PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC | 11,837 | $1.22M | $1.41M | $198,241.5 | 16.3% |
| MAS MPWM Advisory Solutions LLC MPWM Advisory Solutions LLC | 146 | $15,904 | $17,352.1 | $1,448.1 | 9.11% |
Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Invesco S&P SmallCap Consumer Discretionary ETF ever had a stock split?
Invesco S&P SmallCap Consumer Discretionary ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company operates a fund that specializes in investing in a portfolio of consumer cyclicals. By targeting at least 90% of its total assets towards securities that form the underlying index, the fund positions itself solidly within the sphere of businesses involved in the provision of cyclical consumer goods and services. These are sectors where demand tends to rise and fall in correlation with economic cycles, making them potentially more volatile but also offering opportunities for significant returns during economic upswings. The emphasis is on identifying companies that lead and innovate in their respective sub-sectors, from household durables and leisure products to high-end electronics and automotive components, leveraging economic cycles to generate value for investors.
Products and Services
- Household Durables
Investments in companies known for manufacturing durable goods for homes, such as appliances, furniture, and home improvement products. These are items with extended life spans that are purchased infrequently. The demand for these goods tends to increase as economic conditions improve, making them a key focus area for the fund.
- Leisure Products and Services
This category embodies companies providing entertainment, leisure products, and related services. From gaming consoles and sports equipment to travel and tourism services, these offerings gain traction in periods of economic prosperity when disposable income levels rise.
- Apparel and Luxury Goods
Investment in fashion, apparel, and luxury goods companies focuses on entities renowned for their clothing, accessories, and high-end products. These sectors thrive on brand value and consumer loyalty, with sales typically spiking in economic upturns as consumer confidence and spending power increase.
- Computers and Electronics
The fund concentrates on companies leading in the manufacture and sale of computers, peripheral equipment, and consumer electronics. These businesses are integral to the technological advancement and digitalization of societies, presenting ample growth opportunities as innovation drives demand.
- Automobiles and Auto Components
Targets investments in the automotive sector, including manufacturers of vehicles and their components. The automotive industry is highly cyclical, with demand closely linked to economic health, making it a significant investment focus for the fund due to its potential for substantial gains during recovery phases.
- Hotel and Restaurant Services
Companies in the hospitality sector, including hotels, restaurants, and related services, are among the fund's interests. This market segment benefits from increased travel and dining out during economic booms, making it an attractive area for investment.
