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Invesco Financials S&P US Select Sector UCITS ETF

SML7.XDUS
€0.00 (+ €0.00 + 0.00%)
Last updated: -
SML7.XDUS Metrics
Exchange
🇩🇪 XDUS XDUS
Börse DüsseldorfGermanyEurope/Berlin
SectorBasic Materials
IndustrySpecialty Chemicals
ISINN/A
Market PriceN/A
Dividend Yield N/A
Dividend Growth
1YN/A
3YN/A
5YN/A
10YN/A
Annual Dividend N/A
Latest Payout ($)N/A
Latest Payout DateN/A
Dividend Frequency N/A
P/E RatioN/A
EPSN/A
Market CapN/A
Book ValueN/A
Price to BookN/A
Beta1.0
52w HighN/A
52w LowN/A
Next Earnings DateN/A
About the Company
Invesco Financials S&P US Select Sector UCITS ETF is an exchange-traded fund that aims to deliver the net total return performance of the S&P Select Sector Capped 20% Financials Index, less fees, expenses, and transaction costs. This index represents the financials sector of the S&P 500, comprising companies classified under the Global Industry Classification Standard as financial institutions, including banks, insurance companies, and diversified financial services firms. It employs a modified market capitalization weighting methodology, where individual stock weights are based on float-adjusted market cap but capped to ensure no single constituent exceeds 19% of the index at quarterly rebalances. The ETF achieves its objective primarily through unfunded swaps with approved counterparties or direct investments in global equities and equity-related securities that replicate the index performance. Compliant with UCITS regulations, it offers European investors efficient, targeted exposure to the cyclical dynamics of the U.S. financial sector, which plays a pivotal role in the broader economy. This structure provides diversified access within the sector while adhering to risk management practices like the commitment approach for global exposure limited to 100% of net asset value.
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