Invesco Consumer Discretionary S&P US Select Sector

ETF description

This ETF is designed to provide exposure to companies within the consumer discretionary sector, which includes businesses that produce goods and services that people typically buy when they have extra money. This sector covers a wide range of industries, including retail, automobiles, entertainment, and household goods. By investing in this ETF, individuals can gain access to a diverse group of companies that benefit from consumer spending and economic growth.

Investors who are optimistic about the economy and believe that consumers will continue to spend on non‑essential items may find this ETF appealing.

Issuer details

Invesco is one of the world’s largest ETF providers with over US$680 billion globally in ETF assets under management (as at 31 March 2024). It offers over 140 EMEA ETFs spanning regions and strategies across equities, fixed income and commodities.

Its culture of innovation lets it find new opportunities for investors, as well as ways to improve the performance of core ETF exposures.

Index details

The S&P Select Sector Capped 20% Consumer Discretionary Index is a financial index providing exposure to the consumer discretionary sector of the S&P 500 Index. Constituents are weighted by free float market capitalisation, and capped at a maximum of 19%.