PKB - ETF AI Analysis

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Invesco Dynamic Building & Construction ETF (PKB)

Rating:73Outperform

Price Target:―

The Invesco Dynamic Building & Construction ETF (PKB) benefits from strong contributions by holdings like Comfort Systems USA (FIX), which stands out due to its robust financial performance, efficient cash flow management, and strategic acquisitions. Vulcan Materials (VMC) also adds positively with its solid financials and positive earnings outlook, though its high valuation slightly tempers its impact. However, some holdings, such as PulteGroup (PHM), face challenges like declining net new orders and bearish technical indicators, which may weigh on the ETF's overall rating. A key risk factor for this ETF is its concentration in the construction and infrastructure sector, which could make it vulnerable to industry-specific downturns.

Positive Factors

Strong Top Holdings

Several of the largest positions, such as Sterling Infrastructure and Argan, have delivered strong year-to-date performance, boosting the ETF's overall returns.

Sector Diversification

The ETF is spread across multiple sectors like Industrials, Materials, and Consumer Cyclical, reducing reliance on any single industry.

Healthy Year-to-Date Performance

The fund has shown solid year-to-date growth, indicating strong momentum in its holdings and strategy.

Negative Factors

High Geographic Concentration

The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, limiting global diversification.

Moderate Expense Ratio

The fund's expense ratio is higher than some low-cost ETFs, which could slightly reduce investor returns over time.

Underperforming Holding

Home Depot, one of the top holdings, has shown flat performance year-to-date, potentially dragging on the fund's overall returns.

PKB vs. SPDR S&P 500 ETF (SPY)

AUM313.98M

RegionNorth America

Expense Ratio0.57%

Beta1.23

IssuerInvesco

Inception DateOct 26, 2005

Dividend Yield0.12%

Asset ClassEquity

Index TrackedDynamic Building & Construction Intellidex Index (AMEX)

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume21,366

30 Day Avg. Volume14,469

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

106.45

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering31

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

PKB Summary

The Invesco Dynamic Building & Construction ETF (PKB) is an investment fund that focuses on companies in the construction and engineering industries, as well as those making and distributing building products. It follows the Dynamic Building & Construction Intellidex Index, which includes firms like Home Depot and Johnson Controls. This ETF could be a good choice for investors who want to benefit from growth in infrastructure development and urbanization. However, it’s important to know that the fund is heavily tied to the construction sector, so its performance can be impacted by economic downturns or reduced government spending on infrastructure.

How much will it cost me?The expense ratio for the Invesco Dynamic Building & Construction ETF (PKB) is 0.57%, which means you’ll pay $5.70 per year for every $1,000 invested. This is higher than average because the ETF is actively managed, focusing on a specialized sector like construction and engineering, which requires more research and management effort.

What would affect this ETF?The PKB ETF could benefit from increased government spending on infrastructure projects and growing demand for sustainable construction solutions, which align with its focus on construction and engineering companies. However, it may face challenges from rising interest rates that could increase borrowing costs for construction firms and slow down project investments, as well as potential economic downturns that could reduce consumer and business spending in the sector.

PKB Top 10 Holdings

The Invesco Dynamic Building & Construction ETF is firmly rooted in the industrial and materials sectors, with names like Johnson Controls and Martin Marietta Materials helping to steady the fund’s performance thanks to their strong financial results and strategic initiatives. Comfort Systems USA has been a standout, rising on robust revenue growth and acquisitions, while PulteGroup and Tractor Supply are lagging, weighed down by bearish momentum and operational challenges. With a clear focus on U.S.-based construction and engineering, this ETF is riding the wave of infrastructure demand but faces mixed results among its top holdings.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
FIX	Comfort Systems	5.25%	$16.53M	$37.14B	115.98%	80 Outperform
PHM	PulteGroup	5.07%	$15.95M	$25.48B	13.63%	70 Outperform
AMRZ	Amrize Ltd	5.06%	$15.91M	$30.18B	―	70 Outperform
CRH	CRH plc	4.95%	$15.58M	£60.95B	17.49%	76 Outperform
MLM	Martin Marietta Materials	4.83%	$15.19M	$38.40B	20.65%	73 Outperform
VMC	Vulcan Materials	4.78%	$15.05M	$39.44B	12.09%	77 Outperform
JCI	Johnson Controls	4.50%	$14.17M	$68.53B	40.38%	70 Outperform
TSCO	Tractor Supply	4.35%	$13.70M	$27.03B	-5.23%	73 Outperform
CVCO	Cavco Industries	3.00%	$9.45M	$5.38B	46.92%	81 Outperform
LPX	Louisiana-Pacific	3.00%	$9.44M	$6.41B	-18.90%	68 Neutral

PKB Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

95.02

Positive

100DMA

94.64

Positive

200DMA

86.50

Positive

Market Momentum

MACD

1.30

Negative

RSI

63.65

Neutral

STOCH

90.57

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PKB, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 96.18, equal to the 50-day MA of 95.02, and equal to the 200-day MA of 86.50, indicating a bullish trend. The MACD of 1.30 indicates Negative momentum. The RSI at 63.65 is Neutral, neither overbought nor oversold. The STOCH value of 90.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PKB.

PKB Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
PKB	―	―	$313.98M	0.57%	―
RSPN	―	―	$903.81M	0.40%	―
IYT	―	―	$894.81M	0.38%	―
FXR	―	―	$795.95M	0.61%	―
PRN	―	―	$323.69M	0.60%	―
XTN	―	―	$248.89M	0.35%	―

Performance Comparison

PKB

Invesco Dynamic Building & Construction ETF

100.59

19.71

24.37%

RSPN

Invesco S&P 500 Equal Weight Industrials ETF

―

IYT

iShares US Transportation ETF

―

FXR

First Trust Industrials/Producer Durables AlphaDEX Fund

―

PRN

Invesco DWA Industrials Momentum ETF

―

XTN

SPDR S&P Transportation 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.

Disclaimer

This 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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