About Invesco High Yield Equity Dividend Achievers ETF (PEY)

The Invesco High Yield Equity Dividend Achievers ETF (PEY) is an exchange-traded fund that aims to provide investors with exposure to high dividend yielding equities. The fund seeks to track the performance of the Nasdaq US Dividend Achievers 50 Index, which consists of 50 stocks that have a strong record of increasing dividends over time. With a focus on dividend growth, PEY offers investors the potential for both income and capital appreciation.

PEY has a diverse portfolio that spans various sectors, including consumer discretionary, energy, financials, healthcare, industrials, information technology, materials, telecom services, and utilities. The fund's holdings are spread across large, mid, and small-cap stocks, providing investors with a balanced exposure to different parts of the market. This diversification can help reduce the risks associated with concentrated holdings and enhance the potential for long-term returns.