(ESGC) Invesco S&P/TSX Composite - Ratings and Ratios

Invesco S&P/TSX Composite ESG Index ETF (ESGC) is a Canadian equity exchange-traded fund designed to track the performance of the S&P/TSX Composite ESG Index. The fund provides exposure to Canadian companies that meet specific environmental, social, and governance (ESG) criteria, offering a diversified portfolio aligned with sustainable investing principles.

As of the latest data, ESGC has an average trading volume of 1,230 shares over the past 20 days, with a last price of CAD 29.08. The funds short-term technical outlook is mixed, with its 20-day simple moving average (SMA) at 29.79, slightly above its current price, while its 50-day SMA stands at 29.38, indicating a potential near-term consolidation. The 200-day SMA of 27.69 reflects longer-term upward momentum. The Average True Range (ATR) of 0.22 suggests relatively low volatility in recent trading sessions.

From a fundamental perspective, ESGC manages assets under management (AUM) of CAD 60.73 million, indicating moderate scale and investor interest in the ESG-focused Canadian equity space. The funds structure allows it to align with the broader S&P/TSX Composite Index while incorporating ESG considerations, making it a choice for investors seeking exposure to Canadas largest companies with improved sustainability profiles.

3-Month Forecast: Based on , ESGCs price action is likely to remain range-bound between CAD 28.50 and CAD 30.00 in the near term, supported by its 200-day SMA at 27.69 and resistance at the 20-day SMA of 29.79. The low ATR of 0.22 suggests limited volatility, but a breakout above CAD 30.00 could signal renewed upward momentum. From a perspective, growing investor demand for ESG-aligned investments may provide a tailwind, though market-wide sentiment toward Canadian equities will remain a key driver.