Industry description
The investment seeks to track the investment results (before fees and expenses) of the S&P U.S. Spin-Off Index (the "underlying index").
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is designed to measure the performance of U.S. companies that have been spun off from a parent company within the past four years. The fund is non-diversified.
Market Cap
The average market capitalization across the Invesco S&P Spin-Off ETF ETF is 10.75B. The market cap for tickers in the group ranges from 196.01M to 58.6B. CEG holds the highest valuation in this group at 58.6B. The lowest valued company is ONL at 196.01M.
High and low price notable news
The average weekly price growth across all stocks in the Invesco S&P Spin-Off ETF ETF was 8%. For the same ETF, the average monthly price growth was 10%, and the average quarterly price growth was 24%. KD experienced the highest price growth at 18%, while EMBC experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Invesco S&P Spin-Off ETF ETF was 16%. For the same stocks of the ETF, the average monthly volume growth was 52% and the average quarterly volume growth was 66%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 53
Price Growth Rating: 48
SMR Rating: 61
Profit Risk Rating: 94
Seasonality Score: 67 (-100 ... +100)