Should Invesco S&P SmallCap Quality ETF (XSHQ) Be on Your Investing Radar?
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Overview of Invesco S&P SmallCap Quality ETF (XSHQ): Launched in 2017, XSHQ is a passively managed ETF focusing on small-cap blend stocks, with assets over $332 million and an expense ratio of 0.29%. It aims to match the performance of the SmallCap 600 Quality Index, primarily investing in the Financials sector.
Performance and Investment Considerations: The ETF has shown an 8.40% increase this year and 23.26% over the past year, with a Zacks ETF Rank of 3 (Hold). Investors are encouraged to consider other similar ETFs like iShares Russell 2000 and iShares Core S&P Small-Cap for diversified options.
Analyst Views on IWM
Wall Street analysts forecast IWM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IWM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 269.790
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Current: 269.790
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
