Key stats
About Invesco S&P SmallCap Quality ETF
Home page
Inception date
Apr 6, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138G3002
XSHQ aims to provide exposure to S&P SmallCap 600 stocks with sound fundamentals. The fund focuses on three quality screening metrics: (1) a profitability metric that is return-on-equity (ROE), (2) accruals ratio, which is a reflection on earnings quality, and (3) financial leverage ratio, which determines firms financial risk. These measures are equally-weighted to produce a quality score. XSHQ selects the top 120 stocks with the highest quality score for inclusion. Selected securities are then weighted by their quality scores, scaled by their market capitalizations. For diversification purposes, the maximum allocation for any single sector is 40% and each individual security is capped at 5% weight of the portfolio. The index rebalances semi-annually in June and December.
Related funds
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XSHQ trades at 43.08 USD today, its price has fallen −0.99% in the past 24 hours. Track more dynamics on XSHQ price chart.
XSHQ net asset value is 43.37 today — it's fallen 2.13% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XSHQ assets under management is 289.81 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XSHQ price has fallen by −2.37% over the last month, and its yearly performance shows a 0.33% increase. See more dynamics on XSHQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.13% over the last month, have fallen by −2.13% over the last month, showed a 8.17% increase in three-month performance and has increased by 2.32% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.13% over the last month, have fallen by −2.13% over the last month, showed a 8.17% increase in three-month performance and has increased by 2.32% in a year.
XSHQ fund flows account for −24.62 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XSHQ invests in stocks. See more details in our Analysis section.
XSHQ expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XSHQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XSHQ technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XSHQ shows the buy signal. See more of XSHQ technicals for a more comprehensive analysis.
Today, XSHQ technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XSHQ shows the buy signal. See more of XSHQ technicals for a more comprehensive analysis.
Yes, XSHQ pays dividends to its holders with the dividend yield of 1.17%.
XSHQ trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XSHQ shares are issued by Invesco Ltd.
XSHQ follows the S&P SmallCap 600 Quality. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 6, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.