XSHD's Underlying Holdings Imply 14% Gain Potential
September 22, 2021 at 08:29 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 $24.94 per unit.