Should You Invest in the Invesco S&P SmallCap Health Care ETF (PSCH)?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2024
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Source: NASDAQ.COM
- PSCH ETF Overview: Invesco S&P SmallCap Health Care ETF (PSCH) is a passively managed fund launched in 2010, offering exposure to the Healthcare - Broad segment.
- Benefits of ETFs: Retail and institutional investors favor ETFs for low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment.
- Index Details: PSCH seeks to match the performance of the S&P SmallCap 600 Capped Health Care Index, measuring common stock performance in the health care sector.
- Costs and Holdings: The ETF has an expense ratio of 0.29%, with a 100% allocation to the Healthcare sector and top holdings including ENSG, OGN, and ALKS.
- Performance and Alternatives: PSCH has returned 0.65% YTD, down -0.66% in the last year, with a high-risk profile. Investors can consider alternatives like VHT and XLV in the Health Care ETF space.
Analyst Views on VHT
Wall Street analysts forecast VHT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VHT 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: 294.940
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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.
