Small-cap and Mid-cap Factors Offer Unique Advantages

PR Newswire04-04

Invesco expands its SMID cap factor ETFs to offer investors access to the differentiated return profile of small-cap and mid-cap factors ATLANTA, April 4, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2424394284?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/0859hEGIcCBeXtoo2hO5Lw--~B/aD03MDt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/7a4d4453e519de376796372b0516e8a4","is_english":true,"pubTime":"2024-04-04 21:00","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2424394284","market":"us","top_or_hot":-1,"title":"Small-cap and Mid-cap Factors Offer Unique Advantages","media":"PR Newswire","content":"<div>\n<p>Invesco expands its SMID cap factor ETFs to offer investors access to the differentiated return profile of small-cap and mid-cap factors\nATLANTA, April 4, 2024  /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ...</p>\n\n<a href=\"https://finance.yahoo.com/news/small-cap-mid-cap-factors-130000165.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Small-cap and Mid-cap Factors Offer Unique Advantages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSmall-cap and Mid-cap Factors Offer Unique Advantages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/small-cap-mid-cap-factors-130000165.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Invesco expands its SMID cap factor ETFs to offer investors access to the differentiated return profile of small-cap and mid-cap factors\nATLANTA, April 4, 2024  /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ...</p>\n\n<a href=\"https://finance.yahoo.com/news/small-cap-mid-cap-factors-130000165.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPY","symbol_name":"标普500ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/small-cap-mid-cap-factors-130000165.html","article_id":"2424394284","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/0859hEGIcCBeXtoo2hO5Lw--~B/aD03MDt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/7a4d4453e519de376796372b0516e8a4"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/small-cap-mid-cap-factors-130000165.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2424394284","pubTimestamp":1712235600,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Invesco expands its SMID cap factor ETFs to offer investors access to the differentiated return profile of small-cap and mid-cap factors. ATLANTA, April 4, 2024 /PRNewswire/ -- Invesco Ltd. , a leading global asset management firm, announced today that it has expanded its line-up of small-and-mid-cap  factor exchange traded funds . In the first quarter of 2024 there has been an uptick of interest into notable Invesco SMID Factor ETFs as investors search for fund profiles differentiated from the large-cap growth profiles currently dominating markets.\"In the past, investors may have expressed concern about some of the hallmarks of small- or mid-cap companies, such as a higher level of leverage and lower level of profitability,\" says Kalivas. \"A factor screen for quality can mitig","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPY":"标普500ETF","BK4011":"建筑材料","SMID":"SMITH-MIDLAND CORP","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","BK4588":"碎股","FDN":"First Trust Dow Jones Internet I","XMHQ":"Invesco S&P MidCap Quality ETF","OEF":"标普100指数ETF-iShares","XMMO":"Invesco S&P MidCap Momentum ETF","SDS":"两倍做空标普500ETF","SPGP":"Invesco S&P 500 GARP ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","IVZ":"美国景顺集团","BK4135":"资产管理与托管银行","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","GRPM":"Invesco S&P MidCap 400 GARP ETF","XSHQ":"Invesco S&P SmallCap Quality ETF","GRPZ":"Invesco S&P SmallCap 600 GARP ETF","XSMO":"Invesco S&P SmallCap Momentum ETF","SPXU":"三倍做空标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","BK4585":"ETF&股票定投概念","IVV":"标普500指数ETF","BK4534":"瑞士信贷持仓"},"translate_title":"小盘股和中盘股因素提供了独特的优势","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XSMO":1,"XSHQ":1,"XMMO":1,"XMHQ":1,"SPGP":1,"SMID":1,"GRPZ":1,"GRPM":1,"IVZ":0.9,"FDN":0.9,"SPY":0.73,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,".SPX":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"Invesco expands its SMID cap factor ETFs to offer investors access to the differentiated return profile of small-cap and mid-cap factors\nATLANTA, April 4, 2024  /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today that it has expanded its line-up of small-and-mid-cap (SMID) factor exchange traded funds (ETFs). In the first quarter of 2024 there has been an uptick of interest into notable Invesco SMID Factor ETFs as investors search for fund profiles differentiated from the large-cap growth profiles currently dominating markets. \n\n  \n\nFor this reason, Invesco will now offer its \"Growth at a Reasonable Price\" strategy, captured in the large-cap Invesco S&P 500 GARP ETF (SPGP), in both a mid-cap Invesco S&P MidCap 400 GARP ETF (GRPM) and small-cap Invesco S&P Small Cap 600 ETF (GRPZ), applying the same methodology further down the market-cap spectrum.\n\"While there is often a place in a portfolio for a core large-cap growth strategy like Invesco QQQ, those investors looking for growth in the SMID space should consider ETFs with a factor screen,\" says Nick Kalivas, Head of Factor and Core Equity ETF Strategy at Invesco. \"The combination of less expensive valuation down the market-cap spectrum and a forecasted improvement in 2024 profit growth invites investors to look to SMID factor strategies for potential investment opportunities.\"\nFactor investing has always been an important bridge between passive market-cap weighted portfolios and actively managed portfolios. This is especially apparent in the SMID cap-tiers, where factor screening can provide a portfolio of unique companies that offer diversification beyond the mega-cap growth names. SMID factors can also be good portfolio building blocks, using factors to screen for small- and mid-cap companies that may tend to have higher growth prospects and less volatility than their market-cap screened counterparts. This can offer a nice balance of growth potential and stability.\nIn 2024, investors have recognized the opportunity with Invesco S&P Midcap Quality ETF (XMHQ), and Invesco S&P SmallCap Quality ETF (XSHQ) seeing high levels of investor demand, gathering $1.15 billion in inflows in 1Q year-to-date.  These ETFs provide exposure to companies with high return on equity, low balance accruals, and low debt to equity at a value. Additionally, XMHQ and XSHQ do not have the same concentration issue that has been a headwind in large-cap factors.\nThe SMID momentum factor has also seen interest as both the Invesco S&P MidCap Momentum ETF (XMMO) and Invesco S&P SmallCap Momentum ETF (XSMO) offer differentiated growth returns by concentrating on stocks with the strongest risk adjusted performance over the last year, less the last month.\n\"In the past, investors may have expressed concern about some of the hallmarks of small- or mid-cap companies, such as a higher level of leverage and lower level of profitability,\" says Kalivas. \"A factor screen for quality can mitigate those concerns and focus the ETF on companies that are utilizing capital in an efficient manner and generating higher cash in earnings.\nAbout Invesco Ltd.Invesco Ltd. (Ticker NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed US$1.58 trillion in assets on behalf of clients worldwide as of December 31, 2023. For more information, visit www.invesco.com/corporate\nImportant Information: \nInvesco Distributors, Inc. is not affiliated with S&P Dow Jones Indexes.\nInvesco S&P GARP ETF (SPGP) tracks the S&P 500® GARP Index seeks to track companies with consistent fundamental growth, reasonable valuation, solid financial strength, and strong earning power.\nInvesco S&P MidCap 400 GARP ETF (GRPM) tracks the S&P MidCap 400® GARP Index seeks to track companies with consistent fundamental growth, reasonable valuation, solid financial strength and strong earning power.\nInvesco S&P Small Cap 600 (GRPZ) tracks the S&P SmallCap 600® GARP Index seeks to track companies with consistent fundamental growth, reasonable valuation, solid financial strength and strong earning power.\nInvesco S&P MidCap Quality ETF (XMHQ) tracks the S&P MidCap 400® Quality Index is designed to track high quality stocks in the S&P MidCap 400 by quality score, which is calculated based on return on equity, accruals ratio and financial leverage ratio.\nInvesco S&P SmallCap Quality ETF (XSHQ) tracks the S&P SmallCap 600® Quality Index is designed to measure the 120 highest-quality stocks in the S&P SmallCap 600 on the basis of their quality score, which is calculated using three fundamental measures: return on equity, accruals ratio, and financial leverage ratio.\nInvesco S&P MidCap Momentum ETF (XMMO) tracks the S&P MidCap 400® Momentum is designed to measure the performance of securities in the S&P MidCap 400 universe that exhibit persistence in their relative performance.\nInvesco S&P SmallCap Momentum ETF (XSMO) tracks the S&P SmallCap 600® Momentum Index is designed to measure the performance of securities in the S&P SmallCap 600 universe that exhibit persistence in their relative performance.\nAbout Risk:\nThere are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.\nInvestments focused in a particular sector, such as information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.\nDiversification does not guarantee a profit or eliminate the risk of loss.\nShares are not individually redeemable and owners of the Shares may acquire those Shares from the Fund and tender those Shares for redemption to the Fund in Creation Unit aggregations only, typically consisting of 10,000, 20,000, 25,000, 50,000, 80,000, 100,000 or 150,000 Shares.\nThe S&P 500 GARP, S&P MidCap 400 GARP, S&P MidCap 400 Quality, S&P SmallCap 600 Quality, S&P MidCap 400 Momentum, S&P SmallCap 600 Momentum and S&P SmallCap 600 Indices are products of S&P Dow Jones Indices LLC or its affiliates (\"SPDJI\") and have been licensed for use by Invesco Ltd. S&P®, S&P 500®, S&P 400®, S&P MidCap 400®, S&P 600®, S&P MidCap 600® are registered trademarks of Standard & Poor's Financial Services LLC (\"S&P\"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (\"Dow Jones\"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Invesco Ltd. Invesco's ETFS based on these indices are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P Indices underlying such ETFs.\nBefore investing, investors should carefully read the prospectus/summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the Fund call 800 983 0903 or visit invesco.com for the prospectus/summary prospectus.\nInvesco Distributors, Inc.\nNA3471902             04/24\nContact: Stephanie Diiorio, stephanie.diiorio@invesco.com 212.278.9037\n View original content to download multimedia:https://www.prnewswire.com/news-releases/small-cap-and-mid-cap-factors-offer-unique-advantages-302107415.html\nSOURCE Invesco Ltd.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2424394284"}