Invesco Large Cap Growth ETF (PWB) focuses on stable large cap companies in IT sector

From Nasdaq: 2024-05-27 06:20:07

The Invesco Large Cap Growth ETF (PWB) was launched in 2005, with over $858.85 million in assets. It focuses on stable large cap companies with predictable cash flows and offers exposure to the Information Technology sector. The ETF seeks to match the Dynamic Large Cap Growth Intellidex Index for capital appreciation.

With a 0.56% expense ratio, PWB carries 52 holdings for diversification and boasts a return of 16.34% this year. The top three sectors in its portfolio are Information Technology, Industrials, and Consumer Discretionary. With a beta of 1.02, this medium-risk ETF is a Buy according to Zacks ETF Rank.

Investors looking for Large Cap Growth exposure can consider alternatives like Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ). These options provide similar index tracking with varying asset sizes and expense ratios. PWB is a low-cost, transparent option for long-term investors seeking market exposure through ETFs.

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