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PKB - AI Analysis
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Invesco Dynamic Building & Construction ETF (PKB)
Rating:74Outperform
Price Target:
$108.00
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)
AUM303.72M
RegionNorth America
Expense Ratio0.57%
Beta1.31
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. Volume14,645
30 Day Avg. Volume24,172
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
104.92Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering32
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 sector, with a strong focus on construction and engineering companies driving infrastructure growth in the U.S. Comfort Systems and Sterling Infrastructure are rising stars, showing robust financial performance and benefiting from infrastructure demand. Meanwhile, Home Depot and Tractor Supply are lagging, weighed down by bearish momentum and valuation concerns. With a clear tilt toward industrials and materials, this fund is positioned to capitalize on urbanization and government-backed projects, though mixed performance among its holdings keeps the outlook balanced.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 6.58% | $19.51M | $33.98B | 146.34% | 80 Outperform | |
| Johnson Controls | 5.09% | $15.09M | $74.74B | 51.17% | 70 Outperform | |
| EMCOR Group | 5.06% | $15.00M | $29.01B | 45.27% | 74 Outperform | |
| CRH plc | 4.96% | $14.70M | £59.95B | 21.07% | 82 Outperform | |
| Vulcan Materials | 4.81% | $14.27M | $38.32B | 5.87% | 72 Outperform | |
| Martin Marietta Materials | 4.80% | $14.24M | $36.97B | 3.49% | 76 Outperform | |
| Home Depot | 4.50% | $13.35M | $377.80B | -3.61% | 75 Outperform | |
| Tractor Supply | 4.24% | $12.57M | $28.68B | 1.92% | 71 Outperform | |
| Argan | 3.42% | $10.14M | $4.12B | 125.94% | 74 Outperform | |
| Sterling Infrastructure | 3.41% | $10.11M | $11.53B | 145.41% | 79 Outperform |
PKB Technical Analysis
Positive
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Price Trends
94.23
Positive
89.05
Positive
80.98
Positive
Market Momentum
0.89
Positive
50.60
Neutral
45.69
Neutral
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 95.84, equal to the 50-day MA of 94.23, and equal to the 200-day MA of 80.98, indicating a neutral trend. The MACD of 0.89 indicates Positive momentum. The RSI at 50.60 is Neutral, neither overbought nor oversold. The STOCH value of 45.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PKB.
PKB Peer Comparison
Comparison Results
Performance Comparison
PKB
Invesco Dynamic Building & Construction ETF
95.74
17.37
22.16%
RSPN
Invesco S&P 500 Equal Weight Industrials ETF
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IYT
iShares US Transportation ETF
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PRN
Invesco DWA Industrials Momentum ETF
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MISL
First Trust Indxx Aerospace & Defense ETF
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RSHO
Tema American Reshoring ETF
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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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