Invesco SmallCap Tech ETF (PSCT) returned 23% over the past year by concentrating in 75 small-cap tech companies. PSCT’s top holdings InterDigital and Sanmina benefit from stabilizing interest rates ...
PSCT is supposed to track the capped float-adjusted market-cap-weighted index consisting of the S&P 600 IT companies. PSCT has a questionable valuation manifested in an earnings yield below 2% ...