PJP - ETF AI Analysis
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Invesco Dynamic Pharmaceuticals ETF (PJP)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the past few months, showing solid recent momentum.
Leading Pharmaceutical Holdings
Many of the top positions, including several large, well-known drug companies, have shown strong or steady performance, helping support the fund’s returns.
Focused Exposure to U.S. Health Care
The fund’s heavy focus on U.S. health care companies gives investors targeted exposure to a key defensive sector that can be more resilient in uncertain markets.
Negative Factors
High Sector Concentration
Almost all assets are in the health care sector, so a downturn in pharmaceuticals could hurt the fund more than a broadly diversified ETF.
Limited Geographic Diversification
With nearly all holdings in U.S. companies, the fund offers little exposure to international markets, reducing global diversification.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are used to cover fees instead of going to investors.
PJP vs. SPDR S&P 500 ETF (SPY)
AUM457.28M
RegionNorth America
Expense Ratio0.57%
Beta0.54
IssuerInvesco
Inception DateJun 23, 2005
Dividend Yield0.88%
Asset ClassEquity
Index TrackedDynamic Pharmaceutical Intellidex Index (AMEX)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume61,013
30 Day Avg. Volume28,915
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
144.54Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PJP Summary
The Invesco Dynamic Pharmaceuticals ETF (PJP) is a fund that focuses on U.S. drug companies and follows the Dynamic Pharmaceutical Intellidex Index. It holds well-known names like Johnson & Johnson and Pfizer, along with other major pharmaceutical makers. Investors might consider PJP if they want targeted exposure to the health care and drug industry, which can benefit from an aging population and ongoing demand for new medicines. However, this ETF is heavily concentrated in pharmaceutical stocks, so its price can swing with changes in drug approvals, regulation, and overall health care sentiment.
How much will it cost me?The Invesco Dynamic Pharmaceuticals ETF (PJP) has an expense ratio of 0.57%, meaning you’ll pay $5.70 per year for every $1,000 invested. This cost is higher than average because it’s actively managed, focusing on selecting pharmaceutical stocks based on various strategic factors to optimize performance.
What would affect this ETF?The Invesco Dynamic Pharmaceuticals ETF (PJP) could benefit from advancements in drug discovery, regulatory approvals, and the growing demand for pharmaceuticals driven by an aging population. However, it may face challenges from stricter regulations, patent expirations, or pricing pressures in the U.S. market, where it is heavily focused. The performance of its top holdings, such as AbbVie and Eli Lilly, will also play a significant role in shaping its future returns.
PJP Top 10 Holdings
PJP is a pure play on U.S. big pharma, with heavyweights like Johnson & Johnson, Merck, and AbbVie doing most of the heavy lifting as their shares have been steadily rising on solid earnings and healthy pipelines. Eli Lilly has been more of a mixed story—strong longer-term momentum but recently losing a bit of steam. Abbott and Pfizer are closer to the lagging camp, acting as a mild drag as they work through softer trends and post-pandemic resets. Smaller names like Corcept and Liquidia add a high-octane kicker, but the fund’s engine is firmly powered by large-cap U.S. drug makers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| AbbVie | 5.64% | $25.85M | $458.24B | 36.28% | 66 Neutral | |
| Abbott Laboratories | 5.64% | $25.85M | $179.51B | -17.30% | 73 Outperform | |
| Johnson & Johnson | 5.41% | $24.77M | $634.77B | 60.00% | 78 Outperform | |
| Eli Lilly & Co | 5.26% | $24.12M | $1.13T | 48.19% | 72 Outperform | |
| Amgen | 5.24% | $24.02M | $202.95B | 24.88% | 77 Outperform | |
| Merck & Company | 5.11% | $23.41M | $323.72B | 55.56% | 80 Outperform | |
| Gilead Sciences | 4.57% | $20.93M | $160.55B | 15.47% | 78 Outperform | |
| Pfizer | 4.47% | $20.46M | $139.86B | 1.48% | 74 Outperform | |
| Corcept Therapeutics | 3.97% | $18.21M | $10.24B | 31.77% | 76 Outperform | |
| Amneal Pharmaceuticals | 3.72% | $17.06M | $5.72B | 121.42% | 58 Neutral |
PJP Technical Analysis
Positive
―
Price Trends
113.91
Positive
108.90
Positive
105.86
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PJP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 119.26, equal to the 50-day MA of 113.91, and equal to the 200-day MA of 105.86, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PJP.
PJP Peer Comparison
Comparison Results
Performance Comparison
PJP
Invesco Dynamic Pharmaceuticals ETF
120.60
39.04
47.87%
RSPH
Invesco S&P 500 Equal Weight Health Care ETF
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―
―
XPH
SPDR S&P Pharmaceuticals ETF
―
―
―
PINK
Simplify Health Care ETF
―
―
―
PBE
Invesco Dynamic Biotechnology & Genome ETF
―
―
―
PTH
Invesco DWA Healthcare Momentum ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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