Key stats
About Invesco Dorsey Wright Momentum ETF
Home page
Inception date
Mar 1, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PDP picks 100 stocks from a universe of large- and mid-cap US names using relative performance at the firm and industry level. PDP captures momentum and departs radically from marketlike exposure with a proprietary, rules-based set of factors emphasizing observable market behavior, rather than fundamental analysis. PDP has a pronounced tilt to mid-caps and makes real sector bets. As it says on the label, PDP fully embraces momentum, for better or worse. The fund uses a full replication indexing strategy, meaning PDP will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the fund traded under the name Invesco DWA Momentum ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Retail Trade
Technology Services
Electronic Technology
Stocks99.94%
Finance21.47%
Retail Trade14.23%
Technology Services13.29%
Electronic Technology11.66%
Distribution Services6.24%
Health Technology6.13%
Producer Manufacturing5.41%
Consumer Services4.64%
Industrial Services3.26%
Consumer Non-Durables2.35%
Utilities1.95%
Transportation1.90%
Consumer Durables1.65%
Commercial Services1.63%
Non-Energy Minerals1.63%
Communications1.20%
Miscellaneous0.78%
Energy Minerals0.52%
Bonds, Cash & Other0.06%
Mutual fund0.06%
Stock breakdown by region
North America96.43%
Europe3.57%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history