The Invesco Leisure and Entertainment ETF, or Fund, aims to mirror the performance of the Dynamic Leisure & Entertainment Intellidex Index. Generally, the Fund allocates a minimum of 90% of its total assets to the common stocks included in this benchmark. This Index seeks to generate capital growth by rigorously evaluating companies according to several key investment attributes, including their share price and earnings momentum, overall operational quality, strategic management decisions, and valuation. It comprises 30 U.S.-based corporations whose core business involves the development, manufacturing, or provision of goods and services within the leisure and entertainment sectors. Regular portfolio adjustments for both the Fund and the underlying Index occur quarterly, specifically in February, May, August, and November.