XSHD's Underlying Holdings Imply 15% Gain Potential
July 11, 2024 at 07:59 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $16.48 per unit.