- ISIN
- US73937B8862
- CUSIP
- 46138E149
- Issuer
- Invesco
- Inception Date
- Apr 7, 2010
- Region
- North America (U.S.)
- Category
- Health & Biotech Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Health Care Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $143M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PSCH Performance Chart
Invesco S&P SmallCap Health Care ETF (PSCH) is up 10.4% since the beginning of the year. PSCH is currently trading at $49 per share. Investors who bought $1,000 worth of PSCH shares 5 years ago would now be looking at an investment worth $767.
Loading charts...
Returns By Period
Invesco S&P SmallCap Health Care ETF (PSCH) has returned 10.39% so far this year and 22.91% over the past 12 months. Over the last ten years, PSCH has returned 8.05% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco S&P SmallCap Health Care ETF
- 1D
- 0.19%
- 1M
- 8.72%
- YTD
- 10.39%
- 6M
- 5.06%
- 1Y
- 22.91%
- 3Y*
- 3.77%
- 5Y*
- -5.17%
- 10Y*
- 8.05%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PSCH Monthly Returns History
Based on dividend-adjusted daily data since Apr 7, 2010, PSCH's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +15.3%, while the worst month was Dec 2018 at -16.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PSCH closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +8.8%, while the worst single day was Mar 16, 2020 at -13.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.36% | -1.99% | -5.05% | 8.42% | 1.13% | 7.79% | 10.39% | ||||||
| 2025 | 7.52% | -7.12% | -2.12% | -4.67% | -2.01% | -0.89% | -4.66% | 8.22% | 0.64% | 1.75% | 8.07% | -3.70% | -0.49% |
| 2024 | -3.90% | 3.09% | 3.25% | -6.26% | 5.20% | -1.07% | 8.85% | 1.51% | -1.93% | -6.07% | 10.82% | -7.79% | 3.77% |
| 2023 | 6.05% | -2.78% | -3.76% | 1.28% | -2.88% | 3.49% | 0.05% | -7.09% | -9.10% | -5.49% | 5.04% | 14.82% | -2.71% |
| 2022 | -12.99% | 2.46% | 2.39% | -10.93% | -3.10% | -1.50% | 9.78% | -6.20% | -6.56% | 4.30% | 2.48% | -6.20% | -25.15% |
| 2021 | 6.22% | 2.82% | -0.85% | 1.55% | -0.46% | 4.19% | -1.79% | 0.44% | -4.48% | 0.02% | -5.55% | 4.18% | 5.75% |
Benchmark Metrics
Invesco S&P SmallCap Health Care ETF has an annualized alpha of 1.00%, beta of 0.99, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since April 07, 2010.
- With beta of 0.99 and R2 of 0.59, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.00%
- Beta
- 0.99
- R²
- 0.59
- Upside Capture
- 101.53%
- Downside Capture
- 102.34%
Expense Ratio
PSCH has an expense ratio of 0.29%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PSCH ranks 32 for risk / return — below 32% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P SmallCap Health Care ETF (PSCH) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSCH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 2.78 | -1.29 |
| Martin ratioReturn relative to average drawdown | 4.52 | 12.44 | -7.92 |
Dividends
Dividend History
Invesco S&P SmallCap Health Care ETF provided a 0.01% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.02 | $0.12 | $0.00 | $1.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
Dividend yield | 0.01% | 0.04% | 0.27% | 0.01% | 2.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P SmallCap Health Care ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.12 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P SmallCap Health Care ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco S&P SmallCap Health Care ETF was 46.32%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current Invesco S&P SmallCap Health Care ETF drawdown is 24.74%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -46.32%Oct 2023 | 2y 4mo | — | 4y 12moJun 2021 - now |
COVID crash2020 | -38.90%Mar 2020 | 1y 6mo | 7mo 26d | 2y 2moSep 2018 - Nov 2020 |
2011 bear market2011 | -24.93%Aug 2011 | 1mo 1d | 6mo 23d | 7mo 24dJul 2011 - Feb 2012 |
2016 bear market2016 | -22.45%Feb 2016 | 6mo 9d | 6mo 29d | 1y 1moAug 2015 - Sep 2016 |
2016 correction2016 | -17.32%Nov 2016 | 1mo 11d | 3mo 13d | 4mo 24dSep 2016 - Feb 2017 |
Drawdown Indicators
| PSCH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.32% | -56.78% | +10.46% |
Max Drawdown (1Y)Largest decline over 1 year | -15.36% | -9.10% | -6.26% |
Max Drawdown (3Y)Largest decline over 3 years | -22.98% | -18.90% | -4.08% |
Max Drawdown (5Y)Largest decline over 5 years | -46.32% | -25.43% | -20.89% |
Max Drawdown (10Y)Largest decline over 10 years | -46.32% | -33.92% | -12.40% |
Current DrawdownCurrent decline from peak | -24.74% | -1.80% | -22.94% |
Average DrawdownAverage peak-to-trough decline | -13.49% | -10.71% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 2.03% | +3.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PSCH
Add Invesco S&P SmallCap Health Care ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PSCH