Invesco U.S. Small Cap Enhanced ETF is an actively managed, non-diversified exchange-traded fund that seeks capital appreciation. The fund invests primarily in equity securities of U.S. small-capitalization companies, using fundamental research and active security selection to identify attractive investment opportunities. Its portfolio may include common stocks, preferred stocks, depositary receipts, and derivatives providing exposure to small-cap companies. The fund may invest significantly in individual industries or industry groups, resulting in concentrated sector exposure. Its investment strategy focuses on identifying growth and value opportunities among smaller U.S. businesses.