Description

The Invesco S&P SmallCap Consumer Staples ETF (PSCC) is an investment vehicle designed to mirror the performance of the S&P SmallCap 600 Capped Consumer Staples Index. The fund typically allocates a minimum of 90% of its total assets to the shares of U.S.-based small-capitalization companies within the consumer staples sector, specifically those included in its benchmark index. The underlying index focuses on U.S. consumer staples companies, which are primarily engaged in providing essential goods and services that exhibit non-cyclical demand. This category includes industries such as food and beverages, tobacco, textiles, and various non-discretionary retail businesses. This specialized index itself is derived from the broader S&P SmallCap 600 Index, a float-adjusted, market-capitalization-weighted measure reflecting the overall U.S. small-cap equity market. Both the ETF and its corresponding index undergo rebalancing and reconstitution on a quarterly basis. Additionally, it's important to note that a 3-for-1 forward stock split for the Fund's issued and outstanding shares will become effective at the close of markets on July 14, 2023. For more comprehensive information, investors are advised to consult the fund's prospectus.