Invesco Leisure and Entertainment ETF

PEJ

Market cap $336M

Looking for broad exposure to the Consumer Discretionary - Leisure and Entertainment segment of the equity market? You should consider the Invesco Leisure and Entertainment ETF (PEJ), a passively managed exchange traded fund launched on June 23, 2005.

A smart beta exchange traded fund, the Invesco Leisure and Entertainment ETF (PEJ) debuted on 06/23/2005, and offers broad exposure to the Consumer Discretionary ETFs category of the market.

Over the last 100 trading days, or roughly five months, the S&P 500 Index (SPX) has surged more than 25%.

I rate PEJ a buy, anticipating it could outperform if the Fed resumes rate cuts, given historical Consumer Discretionary strength post-pause. PEJ offers diversified exposure to US leisure and entertainment companies, trading at a discount to the S&P 500 with solid EPS growth. While PEJ has shown strong recent momentum, its cyclical nature and low liquidity mean investors should use limit orders and expect volatility.

Looking for broad exposure to the Consumer Discretionary - Leisure and Entertainment segment of the equity market? You should consider the Invesco Leisure and Entertainment ETF (PEJ), a passively managed exchange traded fund launched on June 23, 2005.

Launched on 06/23/2005, the Invesco Leisure and Entertainment ETF (PEJ) is a smart beta exchange traded fund offering broad exposure to the Consumer Discretionary ETFs category of the market.

The Invesco Leisure and Entertainment ETF (PEJ) was launched on 06/23/2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Leisure and Entertainment segment of the equity market.

A smart beta exchange traded fund, the Invesco Leisure and Entertainment ETF (PEJ) debuted on 06/23/2005, and offers broad exposure to the Consumer Discretionary ETFs category of the market.

Americans are back to traveling and spending. Discover 4 ETFs poised to benefit from the summer travel surge amid falling gas prices, and record-low airfare.

PEJ invests in thirty stocks from the Leisure and Entertainment industries, trading on U.S. exchanges. It uses a quant strategy based on what I consider flawed indicators of "investment merit" to select holdings, and has performed very poorly. This quant strategy also overlooks significant industry players who seem to be obvious constituents of the Leisure and Entertainment sectors, such as Disney.