PSCH
Invesco S&P SmallCap Health Care ETF

Price: $138.21
Change: $0.22 (0.0%)
Last Updated:

Vitals

Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.29%
ETF Home Page Home page
Inception Apr 07, 2010

Analyst Report

This fund gives investors exposure to the small cap health care industry, a market segment that has both value and growth characteristics. Securities in this corner of the market can be also be prone to quick shifts in sentiment thanks to changing government regulations or policies. Furthermore, many companies in this corner of the market are unprofitable and rely on FDA drug approval in order to snap back into the green, a very risky proposition. With that being said, PSCH gives investors a nice mix of biotech, pharma, medical tech, and facility companies spreading risk around the various corners of the health care world. However, it should be noted that the fund does still have singificant concentrattion in its top ten holdings as these companies make up close to one third of total assets, rather high considering the fund only has 70 securities in total. As a result, investors should consider this fund only if they are looking to tactically tilt towards the sector or round out exposure to the health care segment.

ETF Database Themes

Asset Class Equity
Asset Class Size Micro-Cap
Asset Class Style Growth
Sector (General) Healthcare
Sector (Specific) Broad
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. Health Care
Category Sector
Focus Health Care
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $125.73
  • 52 Week Hi $185.46
  • AUM $326.2 M
  • Shares 2.4 M

Historical Trading Data

  • 1 Month Avg. Volume 7,325
  • 3 Month Avg. Volume 7,211

Alternative ETFs in the ETF Database Health & Biotech Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FHLC 0.08% $3.1 B 168,085 -5.51%
Largest (AUM) XLV 0.10% $41.9 B 9 M -2.13%
Most Liquid (Volume) XBI 0.35% $7.8 B 11 M -27.65%
Top YTD Performer FTXH 0.60% $42.5 M 12,265 2.26%

Alternative ETFs in the FactSet Equity: U.S. Health Care Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FHLC 0.08% $3.1 B 168,085 -5.51%
Largest (AUM) XLV 0.10% $41.9 B 9 M -2.13%
Most Liquid (Volume) XLV 0.10% $41.9 B 9 M -2.13%
Top YTD Performer XLV 0.10% $41.9 B 9 M -2.13%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

PSCH ETF Database Category Average FactSet Segment Average
Number of Holdings 82 93 151
% of Assets in Top 10 33.69% 43.91% 42.44%
% of Assets in Top 15 43.93% 56.88% 53.08%
% of Assets in Top 50 86.16% 90.95% 87.54%

Size Comparison

PSCH ETF Database Category Average FactSet Segment Average
Large (>12.9B) 0.00% 49.79% 56.27%
Mid (>2.7B) 32.15% 23.40% 16.91%
Small (>600M) 60.13% 19.20% 15.32%
Micro (<600M) 7.81% 4.92% 2.26%

PSCH Valuation

This section compares the P/E ratio of this ETF to its peers.

PSCH
P/E Ratio
34.75
ETF Database Category Average
P/E Ratio
21.65
FactSet Segment Average
P/E Ratio
18.70

PSCH Dividend

This section compares the dividend yield of this ETF to its peers.

PSCH ETF Database Category Average FactSet Segment Average
Dividend $ 0.01 $ 0.17 $ 0.28
Dividend Date 2018-09-24 N/A N/A
Annual Dividend Rate N/A $ 0.42 $ 0.92
Annual Dividend Yield N/A 0.36% 0.51%

PSCH Price and Volume Charts

View charts featuring PSCH price and volume data.

PSCH Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -2.72 M 3 Month Net Flows: -4.23 M 6 Month Net Flows: -12.41 M 1 Year Net Flows: -50.01 M 3 Year Net Flows: -170.91 M 5 Year Net Flows: 56.95 M 10 Year Net Flows: 54.27 M

PSCH Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.