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Launched · SEC filings

Invesco Food & Beverage ETF

PBJNYSE ArcaInvescoD

$48.30+0.61 (+1.29%)

As of Nov 2, 2026, 3:59 PM ET

D32/ 100

Rank 12 of 13 in Consumer Staples (Broad)

D32/100Rank 12 of 13inConsumer Staples (Broad)
Intraday session: up, 79 prints from 47.69 to 48.30. Range 47.91 to 48.37. Use the arrow keys to read each point.47.8048.0048.2048.4010 AM12 PM2 PM4 PM
Expense ratio
0.63%*
Fund size
$106M
1Y total return
+11.4%
Yield · Last 12 months
1.23%
Holdings
33
Avg volume · 30D
27.9K sh
52W range
low $42.69high $51.07
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Aug 31, 2028. Without it: 0.64%.

The ETF.net PBJ Grade

D

Score 32 out of 100

Category
Consumer Staples (Broad)⁠
Rank
12 of 13
Six-pillar profile for PBJ. Scores out of 100: Cost 6, Risk 34, Mission 84, Tradability 48, Holdings 69, Durability 58. Strongest: Mission (84). Weakest: Cost (6). Leans toward Mission.

Score 32 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F6 out of 100
    Rank 12 of 13

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A84 out of 100
    Rank 2 of 4

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 9 of 13

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C48 out of 100
    Rank 7 of 13

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B69 out of 100
    Rank 4 of 13

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B58 out of 100
    Rank 5 of 13

Our read on PBJ

ETF.net Research

In short

DThe thematic purist of consumer staples: about 30 US food and drink stocks, picked by a quant screen rather than market cap. No cigarettes, no shampoo aisle, just what ends up on the table.

Stated mandate

The Fund seeks capital appreciation by investing in companies selected through the Dynamic Food & Beverage IntellidexSM Index methodology.

Why people hold it

  • Food and drink only. The index holds about 30 US food and beverage companies, so tobacco and household-products giants never crowd out the theme.invesco.com
  • Names earn their spot on price momentum, earnings momentum, quality, management action and value, and the lineup is rebalanced and reconstituted quarterly.invesco.com
  • Trading since 2005, making it one of the longest-running funds aimed squarely at the food and beverage aisle. Distributions land quarterly.

Worth knowing

  • At 0.63% (0.64% gross, net of a waiver through August 31, 2028), it costs more than the typical staples fund, and well above cap-weighted XLP at 0.08% or VDC at 0.09%.
  • Thinly traded and a smaller fund, so the spread you pay getting in and out can matter as much as the fee.
  • Quarterly reconstitution keeps the roster moving. About 30 holdings means single stocks carry real weight, and the lineup can look different a year from now.invesco.com

PBJ Holdings

Holdings pillarB69 out of 100Rank 4 of 13 in Consumer Staples (Broad)
Asset class
Stocks
Holdings
33
Top-10 weight
47%
Largest holding
KR5.8%

Sectors

  • Consumer Staples81.9%
  • Industrials5.2%
  • Consumer Discretionary4.9%
  • Materials4.6%
  • Technology3.2%
  • Financials0.2%

Geography

  • United States97.21%
  • United Kingdom2.79%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1KRKroger Co/The5.75%92,181$6.08M322
2KDPKeurig Dr Pepper Inc5.65%169,216$5.97M328
3KOCoca-Cola Co/The5.16%58,773$5.46M469
4SBUXStarbucks Corp5.09%50,937$5.37M360
5SYYSysco Corp5.04%64,553$5.33M335
6ADMArcher-Daniels-Midland Co4.91%68,069$5.19M340
7MNSTMonster Beverage Corp4.85%110,554$5.12M372
8CTVACorteva Inc4.53%417,134$4.78M224
9CARTMaplebear Inc3.08%57,032$3.26M221
10COKECoca-Cola Consolidated Inc2.96%14,954$3.13M186
11WMKWeis Markets Inc2.93%41,428$3.1M89
12SAMBoston Beer Co Inc/The2.91%15,520$3.08M109
13POSTPost Holdings Inc2.80%36,239$2.96M132
14SJMJ M Smucker Co/The2.80%23,431$2.96M253
15NOMDNomad Foods Ltd2.79%247,244$2.94M14

Showing 1–15 of 33 holdings

PBJ Performance

Launched Jun 23, 2005

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PBJ$11,144
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PBJ $11,144. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PBJ. Periods over one year show the average yearly return.
PeriodPBJ
Year to date+7.5%
1 month+6.5%
3 months+0.3%
1 year+11.4%
3 yearsper year+6.5%
5 yearsper year+3.9%
10 yearsper year+5.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PBJ
YearReturn barPBJ
2026 YTD+7.5%
2025−1.9%
2024+2.5%
2023+2.3%
2022+3.1%
2021+26.9%
2020+5.5%

PBJ in the news

PBJ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.23%Last 12 months
Payout per share
$0.59Last 12 months
Last payment
$0.18 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 37 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.10; Sep 18, 2017 $0.14; Mar 19, 2018 $0.12; Jun 18, 2018 $0.11; Sep 24, 2018 $0.10; Dec 24, 2018 $0.09; Mar 18, 2019 $0.04; Jun 24, 2019 $0.15; Sep 23, 2019 $0.11; Dec 23, 2019 $0.12; Mar 23, 2020 $0.08; Jun 22, 2020 $0.11; Sep 21, 2020 $0.11; Dec 21, 2020 $0.12; Mar 22, 2021 $0.12; Jun 21, 2021 $0.12; Sep 20, 2021 $0.10; Dec 20, 2021 $0.07; Mar 21, 2022 $0.10; Jun 21, 2022 $0.12; Sep 19, 2022 $0.15; Dec 19, 2022 $0.47; Mar 20, 2023 $0.20; Jun 20, 2023 $0.25; Sep 18, 2023 $0.17; Dec 18, 2023 $0.22; Mar 18, 2024 $0.07; Jun 24, 2024 $0.15; Sep 23, 2024 $0.12; Dec 23, 2024 $0.17; Mar 24, 2025 $0.22; Jun 23, 2025 $0.28; Sep 22, 2025 $0.20; Dec 22, 2025 $0.12; Mar 23, 2026 $0.15; Jun 22, 2026 $0.14; Sep 21, 2026 $0.18. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.18
Jun 22, 2026Jun 26, 2026$0.14
Mar 23, 2026Mar 27, 2026$0.15
Dec 22, 2025Dec 26, 2025$0.12
Sep 22, 2025Sep 26, 2025$0.20
Jun 23, 2025Jun 27, 2025$0.28
Mar 24, 2025Mar 28, 2025$0.22
Dec 23, 2024Dec 27, 2024$0.17
Sep 23, 2024Sep 27, 2024$0.12
Jun 24, 2024Jun 28, 2024$0.15
Mar 18, 2024Mar 22, 2024$0.07
Dec 18, 2023Dec 22, 2023$0.22

See all 78 payments⁠

$10,000 in PBJ 10 years ago paid $1,757 in dividends.⁠

PBJ Risk

Risk pillarD34 out of 100Rank 9 of 13 in Consumer Staples (Broad)
How much the fund’s monthly returns vary, scaled to a year.
13.4%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.20
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−15.8%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PBJ Cost

Compare PBJ and XLP

Overpaying vs XLP, cheapest in Consumer Staples (Broad)

$10,670

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PBJ 0.63%

    $12,359

  • XLP 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • PBJ 0.63%
  • XLP 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PBJ $12,359XLP $1,689

Year by year

YearPBJXLPOverpaying
10$1,128$147$981
20$4,311$575$3,736
30$12,359$1,689$10,670
How the 0.63% is worked out

Full fee 0.64%− waiver 0.01%= you pay 0.63%

The waiver ends Aug 31, 2028. After that the fee is 0.64% unless Invesco renews it. Source: prospectus, Aug 2026.

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