Invesco Dorsey Wright Industrials Momentum ETFInvesco Dorsey Wright Industrials Momentum ETFInvesco Dorsey Wright Industrials Momentum ETF

Invesco Dorsey Wright Industrials Momentum ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪395.71 M‬USD
Fund flows (1Y)
‪170.48 M‬USD
Dividend yield (indicated)
0.33%
Discount/Premium to NAV
0.06%

About Invesco Dorsey Wright Industrials Momentum ETF


Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.60%
Home page
Inception date
Oct 12, 2006
Index tracked
Dorsey Wright Industrials Tech Leaders TR
Management style
Passive
PRN changed its tune in February 2014 but continues to provide an alternate take on US industrial firms. The old version of the fund used a multi-factor selection method coupled with a tiered equal-weighting scheme that produced a vastly different portfolio than our neutral benchmark. Currently the fund follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum. The fund selects the top, at least 30 stocks, with the highest momentum scores in the industrial space. The fund uses a full replication indexing strategy, meaning PRN will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Overall, PRN offers a different, growth-focused take on industrial stocks. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Industrials Momentum ETF.

Classification


Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Broad-based
Strategy
Momentum
Weighting scheme
Momentum
Selection criteria
Momentum

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 20, 2024
Exposure type
StocksBonds, Cash & Other
Industrial Services
Producer Manufacturing
Electronic Technology
Stocks99.80%
Industrial Services25.25%
Producer Manufacturing25.13%
Electronic Technology18.18%
Finance8.28%
Distribution Services5.47%
Process Industries5.13%
Non-Energy Minerals3.14%
Consumer Services2.97%
Miscellaneous1.88%
Commercial Services1.85%
Retail Trade1.28%
Transportation1.24%
Bonds, Cash & Other0.20%
Mutual fund0.20%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows