EZM - XMHQ: Focus On Quality = Exceptional Returns

2024-03-20 23:02:09 ET

Summary

• The Invesco S&P Midcap Quality ETF is a successful ETF with over $4 billion in assets under management.
• The ETF focuses on quality companies with strong returns on equity and low debt.
• The Fund has outperformed both traditional index funds, such as the S&P 500 and the S&P 400 MidCap Index, as well as competitor ETFs utilizing fundamental indexing techniques.

Introduction

Per its website , the Invesco S&P MidCap Quality ETF ( XMHQ ) (the " Fund ") is an exchange traded fund (" ETF ") that tracks the S&P MidCap 400 Quality Index (the " Index "). According to the Prospectus , the Fund generally will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of a subset of securities from another Index, the S&P MidCap 400 Index (the " S&P 400 "), as determined by S&P Dow Jones Indices LLC (the " Index Provider ") to have high “quality." According to the Prospectus, this means the following: ...

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