From Nasdaq: 2024-04-04 06:20:05

The Invesco Large Cap Growth ETF (PWB) debuted in 2005, offering exposure to the Style Box – Large Cap Growth category. Smart beta ETFs like PWB track non-cap weighted strategies, aiming to beat the market through stock selection based on specific characteristics. PWB has $849.91 million in assets and a performance track record of 37.01% over the past year.

Investors should consider PWB’s cost, which has an expense ratio of 0.56% and a 12-month trailing dividend yield of 0.24%. This ETF has a strong sector exposure, with 31.30% held in Information Technology stocks and top holdings including Salesforce Inc (CRM) and Amazon.com Inc (AMZN). PWB caters to medium-risk investors with a beta of 1.01 and 51 holdings.

Other ETF options include the Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ) for investors seeking alternatives in the Style Box – Large Cap Growth space. Vanguard Growth ETF has $117.10 billion assets and a 0.04% expense ratio, while Invesco QQQ has $258.03 billion assets with a 0.20% expense ratio. Cheaper, lower-risk options are available for those seeking traditional market cap weighted ETFs.



Read more at Nasdaq: Is Invesco Large Cap Growth ETF (PWB) a Strong ETF Right Now?