Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL)
Summary
PSL Chart
PSL: Consumer Staples Dashboard For June
The household products, beverage, and food industries are significantly undervalued versus 11-year averages, while tobacco is overvalued and low quality. Invesco Dorsey Wright Consumer Staples Momentum ETF has outperformed XLP in recent years, but PSL carries higher risk and slightly lower risk-adjusted returns since inception, making it a debatable long-term choice. Three stocks cheaper than their peers in June.
PSL: Momentum-Based Consumer Staples ETF Set To Outperform
PSL currently holds 42 U.S. Consumer Staples stocks selected for their strong intermediate and long-term price movements. Its 0.60% expense ratio is high, as is its 0.10% median bid-ask spread. Another downside is PSL's low $92 million in assets under management. However, even though many have ignored this fund, PSL outperformed XLP since its Index changed in February 2014. While momentum is the focus, PSL also has exceptional earnings momentum, evidenced by its constituents' 11.03% last quarter earnings surprise figure and 6.82/10 EPS Revision Score.
Consumer Staples ETF (PSL) Hits New 52-Week High
For investors seeking momentum, Invesco Dorsey Wright Consumer Staples Momentum ETF PSL is probably on the radar. The fund just hit a 52-week high and is up 26.2% from its 52-week low price of $81.26/share.
Invesco Dorsey Wright Consumer Staples Momentum ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 98 | $9,570.68 | $11,175.92 | $1,605.24 | 16.77% |
| TG Tyler Glazier New Millennium Group LLC | 281 | $27,355.49 | $31,944.08 | $4,588.59 | 16.77% |
 Christopher C. Powers Farther Finance Advisors, LLC | 5,423 | $591,533.84 | $618,441.63 | $26,907.79 | 4.55% |
| MA Marie-Andree Alain Federation des caisses Desjardins du Quebec | 28 | $2,562.03 | $3,213.98 | $651.95 | 25.45% |
 Nova Wealth Management Inc. Nova Wealth Management Inc. | 129 | $14,277.73 | $14,741.47 | $463.74 | 3.25% |
Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) FAQ
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Invesco Dorsey Wright Consumer Staples Momentum ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company operates a specialized investment fund focused on leveraging market momentum within the consumer staples sector. By adhering to a strategic investment philosophy that allocates at least 90% of its total assets to securities indexed in the consumer staples arena, the fund targets companies exhibiting strong relative strength or "momentum." This investment approach is predicated on the belief that securities of companies within the consumer staples sector, particularly those showing exceptional momentum characteristics, can offer significant growth opportunities. The fund’s investment strategy is constructed around an underlying index that comprises a minimum of 30 different securities, ensuring a diversified portfolio within the high-performing segments of the consumer staples sector.
Products and Services
- Consumer Staples Sector Investments
- Momentum-Based Investment Strategy
This product targets investments in securities of companies within the consumer staples sector, which includes businesses involved in the production or distribution of essential goods such as food, beverages, household goods, and personal products. The focus is on companies that not only provide necessary products but also exhibit strong momentum characteristics, making them potentially lucrative investment opportunities.
As the cornerstone of its service offering, the fund implements a momentum-based investment strategy. This approach involves identifying and investing in securities displaying significant relative strength or momentum within the consumer staples sector. The goal is to capitalize on the continuing success of these firms, predicated on the theory that securities which have performed well in the past, under certain conditions, are likely to perform well in the future.
