PEJ
Invesco Leisure and Entertainment ETF
The Invesco Dynamic Leisure and Entertainment ETF tracks a multifactor, tiered equal-weighted index of U.S. entertainment and leisure industry stocks.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
325.1 M
ASSETS UNDER MGMT
58 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 23, 2005 |
| Assets (mns) | $325 |
| Expense ratio | 58 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 +
| SYSCO CORP | 5.4 % |
| WARNER BROS. DISCOVERY, INC. SERIES A | 5.3 % |
| DOORDASH, INC. CLASS A | 5.2 % |
| HILTON WORLDWIDE HOLDINGS, INC. | 4.8 % |
| ROYAL CARIBBEAN CRUISES LTD | 4.7 % |
| CARNIVAL CORP | 4.5 % |
| UNITED CONTINENTAL HOLDINGS | 3.9 % |
| DELTA AIR LINES INC | 3.9 % |
| SPORTRADAR GROUP AG | 3.2 % |
| DARDEN RESTAURANTS INC | 3.1 % |
Constituent Breakdown
| Number of holdings | 28 |
| Herfindahl-Hirschman Index | 489 |
| Wgt avg mkt cap (mns) | $26,327 |
| Large cap (>$10bn) | 53.2% |
| Mid cap ($2-10bn) | 33.7% |
| Small cap (<$2bn) | 9.7% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 88.4 % |
 |
SINGAPORE | 3.0 % |
Historical Performance
Standardized Performance (as of 02/28/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 4.7% | 24.0% | 16.9% | 4.7% | 9.1% | 4.3% | 7.6% | Volatility | 16.7% | 17.0% | 17.6% | 22.0% | 30.2% | 24.1% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.22 | 83% |
| MSCI EAFE | 1.01 | 59% |
| MSCI Emg Mkts | 0.76 | 33% |
Liquidity Measures
| Avg. volume (000) | 220 |
| Turnover | 3.3% |
| Avg. Bid/Ask (% of price) | 0.07% |
| ADV of underlying (mns) | $2,706 |
Technical Indicators
| Recent close | $48.70 |
| 30d moving avg. | $51.87 |
| Annualized volatility | 22.9% |
| Relative strength (RSI) | 41 |
| Short interest (ETF) | 0.5% |
| Short interest (underlying) | 10.2% |
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. PEJ |
Expenses vs. PEJ |
ALTAR Score™ vs. PEJ |
|---|---|---|---|---|
| CRUZ | Defiance Hotel Airline and Cruise ETF | 26.8% | -13 bp | -4.5% |
| EATZ | AdvisorShares Restaurant ETF | 22.2% | +43 bp | +8.3% |
| BEDZ | AdvisorShares Hotel ETF | 21.4% | +42 bp | +1.0% |
| PBJ | Invesco Food & Beverage ETF | 19.9% | -1 bp | +6.7% |
| PEZ | Invesco Dorsey Wright Consumer Cyclicals Momentum ETF | 18.7% | +2 bp | +8.7% |
| RPG | Invesco S&P 500 Pure Growth ETF | 14.8% | -23 bp | +2.5% |
| RSPD | Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 13.6% | -18 bp | +5.9% |
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 13.2% | +3 bp | +7.7% |
| JETS | U.S. Global Jets ETF | 12.6% | +2 bp | -16.3% |
| TOGA | Tremblant Global ETF | 12.4% | +11 bp | +2.5% |
Risk and Returns: PEJ 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.
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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
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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 3/28/2025
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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
PEJ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
PEJ
-0.6%
Cat. Avg
5.9%
ALTAR Score™ Calculation
Category Overview
There are 947 funds in the US Equity category, with an average ALTAR Score™
of 5.9% and a standard deviation of
2.7%. PEJ's ALTAR Score™ is approximately
2.5 standard deviations
below
the category average. This places PEJ in the 1st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
PEJSELL
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 |
| PEJ (58 bp) Percentile rank | 64 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PEJ | 58.0 | 6.9 | 64.9 |
| Peer Avg. | 43.6 | 15.8 | 59.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .