PSJ Invesco Dynamic Software ETF

Seeks to track, before fees and expenses, the Dynamic Software Intellidex Index. The Index is comprised of stocks of 30 U.S. software companies. The methodology evaluates companies quarterly, based on a variety of factors grouped into 5 broad categories: Price Momentum, Earnings Momentum, Quality, Management Action (Change in capital expenditure, Share buybacks, Total dividends paid) & Value. The Index includes 30 stocks that are selected based on their model Score as follows: i) Eight of the top-ranked relatively larger stocks are selected and collectively receive 40% of the total index weight (each larger stock receives on average 5%). The eight component stocks selected are the components with the best Model Score in the Sub-Group. ii) Twenty-two of the top-ranked relatively smaller stocks are selected and collectively receive 60% of the total index weight (each smaller stock receives on average 2.73%). The twenty-two component stocks selected are the components with the best Model Score in that Sub-Group.

$134.90  +1.14 (0.85%)
As of 12/06/2021 14:30:46 EST     IEX book   CBOE book


ETF Information
Sponsor:     Invesco
Category1:  US Equity
Category2:  Single industry
Category3:  Information technology
Morningstar category:  Technology
Leverage factor:  1.00
Inception date:  06/23/2005
Index tracking method: Passive replication
Current yield:  1.92%
Historical average yield:  0.35%
Market cap:  $412,650,000
Average volume:  13,375
Fees:     0.6300%

Index Information
Dynamic Software Intellidex Index
Index symbol:  DZC
Provider:   ICE (NYSE)
Total return index symbol:  DZCTR
Index weighting:   Composite scores
Index inception date:  08/01/2013
Backtesting data exists:   No
Number of holdings:  30
Strategy:  Multi-factor investing
Rebalanced:  Quarterly
Reconstituted:  Quarterly
Factors used to select securities:

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