PBJ

Invesco Food & Beverage ETF

The Invesco Dynamic Food & Beverage Portfolio tracks a multifactor, tiered equal-weighted index of US food industry stocks.


US

EQUITY

Rules-Based

MANAGEMENT STYLE

105.5 M

ASSETS UNDER MGMT

57 bp

EXPENSES
Fund Basics
Fund sponsorInvesco
CategoryUS
Asset classEquity
Websitelink...
Inception dateJun 23, 2005
Assets (mns)$106
Expense ratio57 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMulti-Factor
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
DOORDASH, INC. CLASS A 6.0 %
CORTEVA INC 5.4 %
KROGER CO 5.4 %
SYSCO CORP 5.3 %
MONDELEZ INTERNATIONAL INC-A 5.2 %
KEURIG DR PEPPER INC. 5.1 %
MONSTER BEVERAGE CORPORATION 4.9 %
MCDONALD'S CORP 4.7 %
MISSION PRODUCE, INC. 3.1 %
CAL-MAINE FOODS INC 2.9 %
Constituent Breakdown
Number of holdings27
Herfindahl-Hirschman Index 378
Wgt avg mkt cap (mns)$36,742
Large cap (>$10bn)62.8%
Mid cap ($2-10bn)15.3%
Small cap (<$2bn)14.2%
Developed mkts.92.8%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 89.2 %
LUXEMBOURG 2.7 %
Historical Performance


Standardized Performance (as of 06/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 1.8% 3.7% 2.0% 2.6% 8.7% 3.9% 6.0% 6.0%
Dividend Yield 0.0% 0.6% 1.0% 1.5% 1.4% 1.3% 1.5% 1.4%
Total Returns 1.8% 4.3% 3.0% 4.0% 10.1% 5.2% 7.4% 7.4%
Ann. Volatility 17.3% 14.7% 13.2% 13.5% 14.3% 15.4% 15.8% 15.8%
Market Correlations
versus...BetaR-squared
S&P 5000.7064%
MSCI EAFE0.5845%
MSCI Emg Mkts0.3619%
Liquidity Measures
Avg. volume (000)15
ADV traded (mns)$1
Turnover0.7%
Avg. Bid/Ask (% of price)0.14%
Technical Indicators
Recent close$48.05
30d moving avg.$47.57
Annualized volatility14.1%
Relative strength (RSI)49
Short interest0.1%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Risk and Returns: vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2020 2021 2022 2023 2024 2025 2026  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins

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Valuation Metrics
  Fwd Est 2024 2025 2026
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
Based on closing prices from 7/4/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™

PBJ

6.8%

Cat. Avg

5.7%


ALTAR Score™ Calculation

Category Overview
There are 965 funds in the US Equity category, with an average ALTAR Score™ of 5.7% and a standard deviation of 2.3%. PBJ's ALTAR Score™ is approximately 0.5 standard deviations above the category average. This places PBJ in the 69th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

PBJ
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
US Equity ETFs
# of ETFs 609
Avg. Expense Ratio 46.6 bp
Std. Deviation 32.9 bp
(57 bp) Percentile rank 63
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
PBJ 57.0 0.0 57
Peer Avg. 42.9 16.7 59.7
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .