Invesco Ultra Short Duration ETF GSY takes a conservative approach, though it lacks a competitive advantage over similarly resourced peers employing a comparable approach. Additionally, the managers have a limited record on this vehicle. The strategy maintains a Morningstar Analyst Rating of Neutral.
Invesco Ultra Short Duration ETF GSY
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will GSY outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSY’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GSY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of GSY’s parent organization’s priorities and whether they’re in line with investors’ interests.
A conventional ultrashort offering with a short track record under this team.
