Overview
Description
The Invesco S&P SmallCap 600 Index Fund is an exchange-traded fund (ETF) that seeks to mirror the performance of the S&P SmallCap 600 Index, a market capitalization-weighted index providing exposure to small-sized U.S. companies. This fund is specifically designed to reflect the investment results of publicly traded small-cap companies, which typically have a market capitalization ranging from $600 million to $2.4 billion. By focusing on small-cap stocks, the fund offers investors access to a diverse portfolio that spans various industries, including industrials, consumer discretionary, healthcare, and information technology.
One of the fund's key characteristics is its broad diversification across different sectors, minimizing the risk associated with fluctuations in any single industry. This ETF plays a significant role in providing investors with a comprehensive view of the small-cap segment of the U.S. equity market, serving as a building block for asset allocation strategies. It also allows investors to gain exposure to the potential growth opportunities that small-cap stocks can offer due to their inherent dynamism and ability to expand rapidly compared to larger firms.
About
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Website
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Instrument type
ETF
Country
Switzerland
MIC code
XSWX