Launched on 04/07/2010, the Invesco S&P SmallCap Information Technology ETF (PSCT) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.
This monthly report analyzes key industry metrics in the information technology sector. This sector is overvalued by over 32% relative to 11-year averages, with hardware being the most overpriced subsector. PSCT may look as an alternative or complement to large-cap tech ETFs, but performance and risk metrics are underwhelming.
Designed to provide broad exposure to the Technology - Broad segment of the equity market, the Invesco S&P SmallCap Information Technology ETF (PSCT) is a passively managed exchange traded fund launched on 04/07/2010.
The Invesco S&P SmallCap Information Technology ETF (PSCT) was launched on 04/07/2010, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.
Launched on 04/07/2010, the Invesco S&P SmallCap Information Technology ETF (PSCT) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.
Invesco S&P SmallCap Information Technology ETF owns a portfolio of 68 U.S. small-cap technology stocks. PSCT has the potential to outperform other non-technology small-cap funds due to its exposure to the fast-growing technology industry. However, PSCT may continue to underperform its larger-cap technology peers due to higher failure rates of small-cap stocks and limited benefit from the growth of successful startups.