Key stats
About Invesco Dorsey Wright Technology Momentum ETF
Home page
Inception date
Oct 12, 2006
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.
PTF continues to provide an alternate take on US technology firms following a 2014 index change. The fund now follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum in an effort to outperform the broad market. This momentum-based take can swing the fund far from neutral exposure, with major sector bets and even sizeable allocations outside the traditional tech sphere. The fund carries a much lower average market cap compared to the broad market, and attendant risk is elevated as a result. The fund selects the top, at least 30 stocks, with the highest momentum scores in the technology space. The fund uses a full replication indexing strategy. 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 Technology 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
Technology Services
Electronic Technology
Stocks99.92%
Technology Services68.00%
Electronic Technology19.48%
Communications6.48%
Producer Manufacturing3.98%
Commercial Services1.99%
Bonds, Cash & Other0.08%
Mutual fund0.08%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history