PSR ETF ANALYSIS

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PSR ETF FUNDAMENTALS
PSR ETF PERFORMANCE

PSR ISSUER

The Invesco Active U.S. Real Estate ETF (PSR) is managed by Invesco Advisers, Inc. This actively managed exchange-traded fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies principally engaged in the U.S. real estate industry, as included within the FTSE NAREIT All Equity REITs Index. The fund focuses on companies that derive a significant portion of their revenues or profits from activities related to U.S. real estate, such as ownership, leasing, management, construction, financing, or sale of real estate properties. Additionally, the fund may invest in equity real estate investment trusts (REITs), real estate operating companies (REOCs), and other securities within the U.S. real estate industry. Invesco Advisers, Inc. employs a quantitative and statistical approach to identify attractively priced securities for the portfolio and may also consider environmental, social, and governance (ESG) factors as part of its assessment, although ESG factors are not necessarily determinative in investment decisions. The fund follows a concentration policy, with a focus on the U.S. real estate industry, and regularly evaluates its security positions and portfolio composition to ensure alignment with its investment strategy.

PSR DIVIDEND

The Invesco Active U.S. Real Estate ETF (PSR) primarily focuses on investments within the U.S. real estate industry, tracking the FTSE NAREIT All Equity REITs Index. While its primary objective is not dividend-oriented, it does reflect the dividend distribution of the underlying REITs within its portfolio. Dividend distributions typically align with the individual dividend policies and performances of the constituent REITs, occurring on a periodic basis, providing investors with potential income alongside exposure to the U.S. real estate market. Investors considering PSR should be aware of its concentration policy, as the fund concentrates at least 25% of its assets in companies principally engaged in the U.S. real estate industry. Additionally, the fund's investment strategy may consider environmental, social, and governance (ESG) factors, although these are just one component of the Sub-Adviser's assessment of eligible investments and not determinative in all cases. Overall, PSR offers exposure to the U.S. real estate market and potential dividend income from its REIT holdings.

PSR TRACKING

Tracking the U.S. Real Estate Industry is the primary focus of the Invesco Active U.S. Real Estate ETF (PSR). PSR aims to achieve its investment objective by investing at least 80% of its assets in securities of companies primarily engaged in the U.S. real estate industry, as defined by the FTSE NAREIT All Equity REITs Index. This includes companies deriving 50% of their revenues or profits from U.S. real estate activities or those with at least 50% of their asset value invested in U.S. real estate. The ETF primarily invests in equity real estate investment trusts (REITs), which pool investors' funds for real estate property and related loans. PSR may also consider investments in real estate operating companies (REOCs) and other companies engaged in the U.S. real estate sector. The fund's portfolio is constructed by analyzing quantitative and statistical metrics, and it may also incorporate qualitative and quantitative environmental, social, and governance (ESG) factors into investment decisions, although ESG considerations are not determinative. PSR may adjust its holdings based on changing valuations, risk profiles, fundamentals, or the identification of more attractive opportunities. It maintains a concentration policy, with a focus on companies within the U.S. real estate industry.

PSR CORRELATION

The correlation aspect of the Invesco Active U.S. Real Estate ETF (PSR) is closely tied to its investment objective. PSR seeks to invest at least 80% of its assets in securities of companies principally engaged in the U.S. real estate industry, as represented by the FTSE NAREIT All Equity REITs Index. Given this focus on real estate, PSR's correlation is expected to be influenced by movements in the U.S. real estate market. Investors often look to PSR's correlation with broader economic indicators and interest rates to gauge its sensitivity to macroeconomic factors.

PSR SECTOR

The Invesco Active U.S. Real Estate ETF (PSR) focuses on the U.S. real estate industry, seeking to invest at least 80% of its assets in companies primarily engaged in this sector. The fund primarily targets equity real estate investment trusts (REITs), which pool investors' funds to invest in real estate properties or real estate-related loans. Additionally, it may invest in real estate operating companies (REOCs) and other firms within the U.S. real estate industry. The fund's concentration in this sector provides investors with exposure to the potential growth and income opportunities within the U.S. real estate market, but it also means the fund's performance may be influenced by factors impacting the real estate industry. The fund's investment strategy also takes into consideration environmental, social, and governance (ESG) factors as part of its evaluation process, although ESG considerations may not be applied uniformly to all investments.

PSR EXPOSURE

The Invesco Active U.S. Real Estate ETF (PSR) focuses its exposure on the U.S. real estate industry, with an emphasis on companies included within the FTSE NAREIT All Equity REITs Index. It seeks to invest at least 80% of its assets in securities of companies principally engaged in the U.S. real estate industry, including equity real estate investment trusts (REITs) and real estate operating companies (REOCs). This ETF aims to provide investors with a targeted approach to gain exposure to the U.S. real estate market, offering a way to participate in the potential income and returns generated by this sector.

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