PKB Housing showing recession comingSee the steepness of the slope in 2008 recession and now. About to break major support...then it's all downhill.
Mid Jan break.
Key stats
About Invesco Building & Construction ETF
Expense ratio
0.62%
Home page
Inception date
Oct 26, 2005
ISIN
US46137V7799
PKB covers the US building and construction industry including home improvement material manufacturers, specialized machinery providers, installation/maintenance services, and land developers. The fund builds a portfolio from the 2,000 largest, most liquid stocks on the NYSE, NYSE MKT and NASDAQ, based on price and earnings momentum, quality, management action and value. The 30-stock portfolio is tiered by market cap and equally weighted within groups, with a small-cap tilt. Of the top-ranked stocks, the larger ones receive 40%, and the smaller ones get 60% of the index weight. The index is rebalanced quarterly starting February. Prior to August 28, 2023, the fund traded under the name Invesco Dynamic Building & Construction ETF.
Classification
What's in the fund
Exposure type
Consumer Durables
Non-Energy Minerals
Producer Manufacturing
Industrial Services
Stock breakdown by region
