Description

The Invesco S&P SmallCap Industrials ETF (PSCI) is designed to track the performance of the S&P SmallCap 600 Capped Industrials Index. Typically, the ETF allocates a minimum of 90% of its total assets to the securities found within this benchmark. The underlying Index is specifically constructed to gauge the collective performance of U.S. companies operating in the industrial sector. These include firms primarily involved in delivering industrial goods and services, encompassing fields such as engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and broader manufacturing. Notably, this benchmark represents a specialized segment of the broader S&P SmallCap 600 Index. The parent index itself is a float-adjusted, market-capitalization-weighted gauge designed to capture the performance of the overall U.S. small-capitalization equity market. Both the Fund and its underlying Index undergo a process of rebalancing and reconstitution on a quarterly basis.