Skip to Content
ETFs

Invesco Leisure and Entertainment ETF

PEJ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 23 2005
Expense Ratio
0.55%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$2,109,151
AUM
$330,395,926
Associated Index
Dynamic Leisure & Entertainment Intellidex Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ABNB
Airbnb Inc - Ordinary Shares - Class A
5.47%
CMG
Chipotle Mexican Grill
5.27%
BKNG
Booking Holdings Inc
5.23%
MAR
Marriott International, Inc. - Ordinary Shares - Class A
5.01%
RCL
Royal Caribbean Group
4.82%
DAL
Delta Air Lines, Inc.
4.76%
WBD
Warner Bros. Discovery Inc - Ordinary Shares - Class A
4.65%
LVS
Las Vegas Sands Corp
4.50%
LGF/A
Lions Gate Entertainment Corp. - Ordinary Shares - Class A
3.41%
TRIP
TripAdvisor Inc.
3.02%
Invest with PEJ

What is PEJ?

The Invesco Dynamic Leisure and Entertainment ETF (Fund) is based on the Dynamic Leisure & Entertainment Intellidex Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US leisure and entertainment companies. These are companies that are principally engaged in the design, production or distribution of goods or services in the leisure and entertainment industries. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

ETFs related toPEJ

ETFs correlated to PEJ include FXD, RSPD, SCHM

PEJ
Invesco Capital Management LLC - Invesco Leisure and Entertainment ETF
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
RSPD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPEJ

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PEJ using Composer

FAQ

PEJ is a US Equities ETF. The Invesco Dynamic Leisure and Entertainment ETF (Fund) is based on the Dynamic Leisure & Entertainment Intellidex Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US leisure and entertainment companies. These are companies that are principally engaged in the design, production or distribution of goods or services in the leisure and entertainment industries. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

PEJ tracks the Dynamic Leisure & Entertainment Intellidex Index.

No, PEJ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PEJ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PEJ is -0.0491%. This is the percent change in the value of PEJ over the most recent 1-month period. The 3-month return on PEJ is -0.0606%. This is the percent change in the value of PEJ over the most recent 3-month period.

The standard deviation of PEJ for the past year is 0.1881%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PEJ include XLI, XLY, and XLV.

ETFs correlated to PEJ include FXD, RSPD, and SCHM.

ETFs that are inversely correlated to PEJ include SRTY, HIBS, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.