PBJ
Invesco Food & Beverage ETF
The Invesco Dynamic Food & Beverage Portfolio tracks a multifactor, tiered equal-weighted index of US food industry stocks.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
111.0 M
ASSETS UNDER MGMT
57 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 23, 2005 |
| Assets (mns) | $111 |
| Expense ratio | 57 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VITA COCO CO INC/THE | 6.2 % |
| KROGER CO | 5.5 % |
| CORTEVA INC | 5.0 % |
| CONSTELLATION BRANDS INC-A | 5.0 % |
| SYSCO CORP | 4.9 % |
| GENERAL MILLS INC | 4.5 % |
| KRAFT HEINZ COMPANY | 4.4 % |
| KEURIG DR PEPPER INC. | 4.4 % |
| COCA-COLA CO/THE | 4.3 % |
| SPROUTS FARMERS MARKET INC | 3.8 % |
Constituent Breakdown
| Number of holdings | 28 |
| Herfindahl-Hirschman Index | 379 |
| Wgt avg mkt cap (mns) | $32,537 |
| Large cap (>$10bn) | 64.4% |
| Mid cap ($2-10bn) | 8.9% |
| Small cap (<$2bn) | 23.8% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 88.4 % |
 |
LUXEMBOURG | 2.9 % |
 |
IRELAND | 2.5 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 1.7% | 13.6% | 1.4% | 4.5% | 8.1% | 6.0% | 7.6% | Volatility | 11.0% | 11.4% | 11.6% | 13.8% | 17.2% | 15.2% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.59 | 52% |
| MSCI EAFE | 0.58 | 53% |
| MSCI Emg Mkts | 0.38 | 22% |
Liquidity Measures
| Avg. volume (000) | 10 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.14% |
| ADV of underlying (mns) | $5,503 |
Technical Indicators
| Recent close | $48.00 |
| 30d moving avg. | $47.51 |
| Annualized volatility | 14.2% |
| Relative strength (RSI) | 45 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 5.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PBJ |
Expenses vs. PBJ |
ALTAR Score™ vs. PBJ |
|---|---|---|---|---|
| FTXG | First Trust Nasdaq Food & Beverage ETF | 39.5% | +3 bp | +0.6% |
| FXG | First Trust Consumer Staples AlphaDEX Fund | 33.0% | +6 bp | +1.0% |
| RSPS | Invesco S&P 500 Equal Weight Consumer Staples ETF | 31.0% | -17 bp | +2.2% |
| PSL | Invesco Dorsey Wright Consumer Staples Momentum ETF | 27.7% | +3 bp | -1.2% |
| XLP | Consumer Staples Select Sector SPDR Fund | 20.7% | -48 bp | +0.3% |
| IYK | iShares U.S. Consumer Staples ETF | 20.2% | -17 bp | +0.5% |
| FSTA | FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF | 18.6% | -49 bp | -0.2% |
| VDC | Vanguard Consumer Staples ETF | 17.1% | -47 bp | -0.3% |
| MOO | VanEck Agribusiness ETF | 13.5% | -4 bp | +3.5% |
| EQRR | ProShares Equities for Rising Rates ETF | 12.4% | -22 bp | +1.6% |
Risk and Returns: PBJ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
PBJ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
PBJ
6.1%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. PBJ's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places PBJ in the 62nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
PBJSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| PBJ (57 bp) Percentile rank | 63 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PBJ | 57.0 | 14.2 | 71.2 |
| Peer Avg. | 46.6 | 16.9 | 63.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .