Invesco
XLCS.L
IE00BG7PP820
Invesco Communications S&P US Select Sector UCITS ETF Acc
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About this ETF

The Invesco Communications S&P US Select Sector UCITS ETF A seeks to track the S&P Select Sector Capped 20% Communications index. The S&P Select Sector Capped 20% Communications index tracks the US communications services industry. This sector includes classic telecommunication companies such as AT&T, but also companies formerly associated with the IT sector, such as Facebook. Also included are media companies such as Walt Disney or Netflix.

TER
0.14%

Total Expense Ratio per year

Fund Size
€136.62M

Assets under management

Holdings
23

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
15.43
Weighted Fwd P/E
13.75
💰 Revenue Estimates
Current Year CY
+14.16% ⌀ 38 Analysts Coverage
Next Year NY
+11.47% ⌀ 38 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+14.71% ⌀ 32 Analysts Coverage
Next Year NY
+19.53% ⌀ 34 Analysts Coverage

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ETF Profile
Provider
Invesco
Invesco
Fund Type
ETF
Inception Date
09/14/2018 (8 yrs)
Index Group
-
Index
-
Region
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

6/7 High
20/100 Low (Concentration Risk)
Diversification Score
20/100 Low (Concentration Risk)
5Y Volatility
19.6% p.a.
Max Drawdown (5Y)
-45.6%
Sharpe Ratio (5Y)
0.23
Beta Factor
0.73
Notes & Warnings
Fund Volume (AUM) Solid fund volume
🔴 Extreme top 10 holdings concentration: 90% of fund in top 10 positions.
🔴 Severe sector concentration risk: 100% in "Communication Services".
⚠️ Industry concentration: 38% in "Internet Content & Information".
⚠️ Elevated Regulatory & Policy Risk: 65% in heavily regulated industries (defense, regulated utilities, healthcare policy).
⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -45.6% in the extended horizon.
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