PBJ - Invesco Dynamic Food & Beverage ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
33.24
-0.48 (-1.43%)
At close: 3:51PM EST
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Previous Close33.72
Open33.15
Bid33.12 x 900
Ask199,999.98 x 900
Day's Range33.09 - 33.28
52 Week Range31.80 - 35.79
Volume6,166
Avg. Volume6,324
Net Assets66.31M
NAV33.75
PE Ratio (TTM)N/A
Yield1.26%
YTD Daily Total Return-2.06%
Beta (5Y Monthly)0.62
Expense Ratio (net)0.63%
Inception Date2005-06-23
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  • 3 Food ETFs to Load Your Plate With
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    3 Food ETFs to Load Your Plate With

    Although it's true to that people have to eat, that notion doesn't always make for the most valid investment thesis. Still, the Consumer Staples Select Sector SPDR (NYSEARCA:XLP), the largest exchange traded fund (ETF) dedicated to that sector, is higher by nearly 21% year-to-date.Traditional consumer staples ETFs like XLP are diverse in the ways of this sector. These funds are not dedicated food ETFs. Rather, they combine exposure to food and beverage stocks, such as Coca-Cola (NYSE:KO) along with consumer products giants like Procter & Gamble (NYSE:PG).Industry-level diversity usually works for investors, but when it comes to food ETFs, the hunt looks a little bit like the one for restaurant ETFs. The need for nourishment and demand for dining would seem to imply that there are plenty of related funds, but the opposite is actually true.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy in November However, there are few credible, solid ideas for investors to put some grub on the table and in the bank with the following food ETFs. Invesco Dynamic Food & Beverage ETF (PBJ)Source: suriyachan / Shutterstock.com Expense ratio: 0.63%The Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ) is one of the oldest dedicated food and beverage ETFs having debuted over 14 years ago. PBJ also epitomizes the search for food ETFs in that it includes an "and." That's usually the case as fund issuers figure it's more efficient to mix food and drink together under the umbrella of single ETF.PBJ follows the Dynamic Food & Beverage Intellidex Index, which is a different animal than the benchmarks used by many prosaic consumer staples ETFs. This food ETF's index "is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value," according to Invesco.While PBJ holds food and beverage basics such as Coca-Cola and PepsiCo (NASDAQ:PEP), the fund allocates nearly a quarter of its weight to consumer discretionary stocks, including McDonald's (NYSE:MCD) and Starbucks (NASDAQ:SBUX). That gives PBJ the ability, in the right consumer environment, to potentially outperform traditional staples ETFs.Bottom line: this food ETF offers investors a bit more spice than they'll find with the XLP's of the world. First Trust Nasdaq Food & Beverage ETF (FTXG)Source: designs by Jack / Shutterstock.com Expense ratio: 0.60%The First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) represents another smart beta approach to food ETFs. This First Trust food ETF, which is just over three years old, follows the Nasdaq US Smart Food & Beverage Index.That index pulls 30 stocks from a broader Nasdaq benchmark and scores those names based on trailing 12-month volatility, value as measured by price-to-cash flow and growth using a combination of three-, six-, nine- and 12-month price appreciation.As far as food ETFs go, FTXG is one of the more pure names out there as it allocates almost 80% of its weight to stocks classified as food product names, according to issuer data. * 7 Safe Dividend Stocks for Investors to Buy Right Now For as unique as its weighting methodology is, FTXG's 28-stock roster looks traditional with names such as Pepsi, Kellogg (NYSE:K), General Mills (NYSE:GIS) and Coca-Cola, among others. The Organics ETF (ORG)Source: Shutterstock Expense ratio: 0.35%Often overlooked in the food ETF conversation, the Organics ETF (NASDAQ:ORG), as its name implies, is a play on healthy eating trends. ORG tracks the Solactive Organics Index."ORG includes global companies that capitalize on the growth in naturally-derived food and personal care items, such as companies that service, produce, distribute, market or sell organic food, beverage, cosmetics, supplements, or packaging," according to ETF Trends.While over 86% of ORG's weight is allocated to food makers and retailers, giving this fund serious food ETF credibility, there's some concentration risk to consider as its top three holdings combine for nearly a third of the fund's weight.In its favor, ORG is the least expensive of the food ETFs highlighted here.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post 3 Food ETFs to Load Your Plate With appeared first on InvestorPlace.

  • ETFs & Stocks to Defy Weak September Retail Sales
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  • 5 Restaurant ETFs to Sink Your Teeth Into
    InvestorPlace

    5 Restaurant ETFs to Sink Your Teeth Into

    There are dozens of upon dozens of industry exchange traded funds (ETFs) on the market today. These products range from the benign and prosaic, including aerospace and defense, biotechnology and internet stocks, to the controversial (think casinos and cannabis, just to name a few) and everything in between.What is interesting about the current lineup of industry ETFs is that there are no dedicated restaurant ETFs. Once upon a time, there were, but those funds didn't gain traction with investors and went to the ETF graveyard, indicating that not all themed ETFs will find receptive audiences.ETFs or not, some restaurant stocks, broadly speaking, are soaring. McDonald's (NYSE:MCD) is one the best-performing names in the Dow Jones Industrial Average this year. Starbucks (NASDAQ:SBUX) recently hit record highs and Chipotle Mexican Grill (NYSE:CMG) has regained its growth story status.InvestorPlace - Stock Market News, Stock Advice & Trading TipsData support the restaurant stock these. About 56% of Americans go out to eat or have food delivered two to three times a week. By some estimates, a third of all Americans indulge in fast food everyday. Yes, there's plenty of controversy surrounding fast food companies, but there's also ample credibility in the restaurant investment niche. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars In lieu of dedicated funds, here are some pseudo restaurant ETFs to consider. Invesco Dynamic Leisure and Entertainment ETF (PEJ)Source: Shutterstock Expense ratio: 0.63% per year, or $63 on a $10,000 investment.The Invesco Dynamic Leisure and Entertainment ETF (NYSEARCA:PEJ) is a more than adequate replacement for a dedicated restaurant ETF. The fund holds 30 stocks, 11 of which are restaurant fare. That group includes the aforementioned Chipotle, McDonald's and Starbucks as well as several other fast food and fast casual names.PEJ follows the Dynamic Leisure & Entertainment Intellidex Index and that benchmark "is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value," according to Invesco.What that means is that PEJ status as a restaurant ETF is fluid. Potentially, there will be times when the fund holds more than restaurant stocks than it currently does and times when its restaurant exposure is than it is today. Invesco Dynamic Food & Beverage ETF (PBJ)Source: Shutterstock Expense ratio: 0.63%The Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ) is very similar to the aforementioned PEJ. However, PBJ is a little bit less of a restaurant ETF. Both ETF follows the same index methodology, but PBJ has a significantly larger tilt to the consumer staples sector.That said, PBJ does allocate over a quarter of its weight to consumer discretionary stocks, the sector where restaurant names reside. As such, six of the fund's seven consumer cyclical holdings are dining out names, giving PBJ some chops as a restaurant ETF. * 7 Momentum Stocks to Buy On the Dip Restaurant stocks in this fund include Chipotle, McDonald's and Starbucks as well as Yum! Brands (NYSE:YUM), among others. Global X Millennials Thematic ETF (MILN)Source: Shutterstock Expense ratio: 0.50%Due to the dearth of true restaurant ETFs, some stretching is necessary here. The GlobalX Millennials Thematic ETF (NASDAQ:MILN) is a stretch as restaurant ETF as just 5.30% of its weight is allocated to the industry and about 60% of that exposure is devoted to a single stock -- Starbucks -- but there are some other reasons to consider MILN.MILN touches a broad range of sectors and themes that millennials are driving, including "social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services," according to Global X.MILN may not be the restaurant ETF some investors are hoping for, but it is a nifty, tactical play on a burgeoning demographic that's growing its wealth and spending power. Plus, MILN is up 29% year-to-date. That's pretty impressive. Invesco S&P SmallCap Consumer Discretionary ETF (PSCD)Source: Shutterstock Expense ratio: 0.29%In terms of number components, the Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ: PSCD) is a realistic alternative to a true restaurant ETF. More than 10 of PSCD's 97 holdings are restaurant stocks, reflecting the small-cap status of many of dining names.Perhaps surprisingly, PSCD's allocations to growth and value stocks are nearly even. That's noteworthy because the consumer discretionary sector is usually seen as a growth destination. Add in the small-cap overlay, and that growth profile is often enhanced. * 7 Tech Stocks You Should Avoid Now There are some risks with PSCD. It's usually more volatile than a traditional, broad-based small-cap ETF. Second, because it's a small-cap fund, Amazon.com (NASDAQ:AMZN), the king of large-cap consumer cyclical stocks, doesn't reside in this fund, creating a performance gap relative to large-cap competitors. Principal Millennials Index ETF (GENY)Source: Shutterstock Expense ratio: 0.45%Another millennials fund and another stretch to restaurant ETF reality, but the Principal Millennials Index ETF (NASDAQ:GENY) holds a few restaurant stocks and is cheaper than its aforementioned rival."They [Millennials] communicate heavily on social media platforms, consume hours of digital content per day, are physically very mobile, prefer to shop online rather than in stores, tend to be more health-focused than members of other generations, and prefer experiences over physical goods," says Nasdaq.The experiential element of millennial proclivities could bode well for restaurant shares going forward and GENY has more of a global kicker than the rival millennials ETF. GENY, which follows the Nasdaq Global Millennial Opportunity Index, allocates about half its weight to ex-US stocks while MILN mainly a domestic fund."We believe that the companies that effectively cater to Millennials' predilections will penetrate a consumer base of 90-million strong and therefore are more likely to outperform the broad market over the long term," according to Nasdaq.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post 5 Restaurant ETFs to Sink Your Teeth Into appeared first on InvestorPlace.

  • Ambev Stock Might Be the Best Beer Bet Heading into 2020
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    Ambev Stock Might Be the Best Beer Bet Heading into 2020

    Back in April, I featured Brazilian beer company Ambev (NYSE:ABEV) in an article about the best large-cap stocks to own under $10. As I write this, Ambev stock is up 4.5%.Source: Daniel Spiess via FlickrThe two other stocks recommended: Ford (NYSE:F) is down 1.6% and Sirius XM (NYSE:SIRI) is up 13.7%. Over the same five months, the S&P 500 is up 2.5%, an indication that low-priced stocks did well over the summer.As for Anheuser-Busch (NYSE:BUD), who owns more than 60% of ABEV stock is up 6.9% over the same period, 240 basis points higher than its Brazilian subsidiary. However, year to date it's up 45.0% including dividends through Sept. 11, 2.4 times Ambev's total return for the year. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith three-and-a-half months left in 2019, I'm wondering if ABEV, BUD, or some other beer stock is the best bet heading into 2020. Ambev Stock is the Best BetAmbev's 15-year total annual return is quite good, at 11.2%. That trails both its brewing peers and the Brazilian market at 13.5%. However, the entire U.S. market over this period could only muster a total return of 9.3%. * 10 Battered Tech Stocks to Buy Now My InvestorPlace colleague Vince Martin recently highlighted in an article in late August that Ambev has a much stronger balance sheet than its parent and is growing its normalized EBITDA on an organic basis at more than 10% per year. In the first six months of 2019, Ambev's revenues increased by 7.4%. Three of its operating segments: Brazil, Central America and the Caribbean, and Canada delivered growth while only the company's South American division (excluding Brazil) experienced declining sales. South America might be experiencing a craft beer boom but Ambev's holding its own in a very competitive market. It's also important to remember that Ambev also makes non-alcoholic beverage products. In the first six months of 2019, it grew this segment by 19.6%, accounting for 15% of Ambev's overall revenues. Although Ambev has only paid an eight-cent dividend so far in 2019, its goal is to deliver an average annual yield of 5%. Currently, its forward dividend yield is 5.2%. Over the long haul, buying ABEV stock under $5 should deliver above-average results, including the dividends. Bud's the CallEven though Budweiser might have a ton of debt on its balance sheet (its net debt at the end of June was $104.2 billion) it still managed to generate $9.1 billion in free cash flow in the first six months of the year. On an annualized basis over the trailing 12 months, BUD had $11.5 billion in free cash flow, $54.1 billion in revenue, and a free cash flow margin of 21.1%. This means it's generating 21 cents of free cash flow for every $1 of revenue.Anheuser-Busch said to be reviving its IPO plans for its Asian business, a move that's expected to raise $5 billion and give it additional liquidity on the remainder of its ownership stake, the company's giving itself financial flexibility to pay down debt, repurchase shares, buy a cannabis company, or countless other things it could do with the funds. The point is, Anheuser-Busch is the largest beer company in the world. Investors shouldn't have a problem with a dividend yield of 3.5% given the appreciation it's experienced so far in 2019. The Bottom Line on Ambev StockIf you're not sure which beer company to back, a good alternative would be to buy a thematic portfolio, either through an ETF, mutual fund, or third-party provider such as Motif Investing. Motif currently has a portfolio called "Take a Shot" that invests in makers of alcoholic beverages including BUD and ABEV, which account for 19.4% and 16.6% of the portfolio, respectively. Beer stocks account for 46.3% of the portfolio with wine and spirits, accounting for the rest.Over the past year, it's generated a return of 8.6%, better than both the S&P 500 and the Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ). At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post Ambev Stock Might Be the Best Beer Bet Heading into 2020Â appeared first on InvestorPlace.

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