Invesco S&P SmallCap Consumer Discretionary ETF

Frequently Asked Questions About PSCD

What does PSCD invest in?

The Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) is designed to track the performance of the S&P SmallCap 600 Capped Consumer Discretionary Index. Typically, the fund commits at least 90% of its total assets to the equities comprising this index. This index is specifically constructed to measure the overall returns of common stocks belonging to U.S. companies within the consumer discretionary sector. These businesses primarily deliver consumer goods and services whose demand is cyclical, including areas like retail, automotive manufacturing, leisure and entertainment, media, and real estate. The index itself is a segment of the broader S&P SmallCap 600 Index, which is a market-capitalization-weighted benchmark, adjusted for publicly available shares, that represents the U.S. small-cap market. Both the fund and its benchmark index are rebalanced and reconstituted quarterly.

What is the expense ratio of PSCD?

Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSCD?

Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) manages $23.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PSCD actively managed or an index fund?

PSCD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PSCD launched?

Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) launched in April 2010 and is managed by Invesco.

How has PSCD performed?

PSCD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.