PDP
Invesco Dorsey Wright Momentum ETF
Invesco DWA Technical Leaders Portfolio seeks investment results that correspond generally to an equity index called the Dorsey Wright Technical Leaders Index, which is constructed according to the firms proprietary methodology based on technical analysis.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 1.4 B
ASSETS UNDER MGMT
62 bp
EXPENSES
Fund Basics
| Inception date | Mar 01, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 3.3 % |
| TARGA RESOURCES CORP | 3.0 % |
| AMPHENOL CORP-CL A | 3.0 % |
| LUMENTUM HOLDINGS INC | 2.4 % |
| WW GRAINGER INC | 2.3 % |
| MICRON TECHNOLOGY INC | 2.1 % |
| SANDISK CORP | 2.0 % |
| GUARDANT HEALTH, INC. | 1.9 % |
| TENET HEALTHCARE CORP | 1.7 % |
| NATERA INC | 1.7 % |
Constituent Breakdown
| Number of holdings | 102 |
| Herfindahl-Hirschman Index | 159 |
| Wgt avg mkt cap (mns) | $324,973 |
| Large cap (>$10bn) | 97.7% |
| Mid cap ($2-10bn) | 1.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.1 % |
 |
IRELAND | 3.6 % |
 |
BRITAIN | 1.1 % |
 |
SWITZERLAND | 0.8 % |
 |
PUERTO RICO | 0.7 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.4% | 16.8% | 15.5% | 21.4% | 9.0% | 12.5% | -- | 9.3% |
| Dividend Yield | 0.0% | 0.0% | 0.2% | 0.2% | 0.3% | 0.3% | -- | 0.3% |
| Total Returns | 18.4% | 16.8% | 15.7% | 21.6% | 9.3% | 12.8% | -- | 9.7% | Ann. Volatility | 27.5% | 26.9% | 24.8% | 22.5% | 23.0% | 22.2% | -- | 22.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.60 | 59% |
| MSCI EAFE | 1.14 | 45% |
| MSCI Emg Mkts | 0.83 | 62% |
Liquidity Measures
| Avg. volume (000) | 23 |
| ADV traded (mns) | $3 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $136.50 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -0.59/-0.39 |
| Bollinger Bands (Upper/Lower) | $142.03/$131.94 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PDP |
Expenses vs. PDP |
ALTAR Score™ vs. PDP |
|---|---|---|---|---|
| FCTR | First Trust Lunt U.S. Factor Rotation ETF | 35.6% | +3 bp | +4.3% |
| FTC | First Trust Large Cap Growth AlphaDEX Fund | 34.4% | -4 bp | -1.0% |
| JMOM | JPMorgan U.S. Momentum Factor ETF | 29.0% | -50 bp | +0.3% |
| BAGX | EA Bridgeway Aggressive Investors ETF | 28.4% | +24 bp | +1.3% |
| USMF | WisdomTree U.S. Multifactor Fund | 27.2% | -34 bp | +2.9% |
| SAMM | Strategas Macro Momentum ETF | 25.5% | +45 bp | -1.3% |
| SEIM | SEI Enhanced U.S. Large Cap Momentum Factor ETF | 24.5% | -47 bp | +0.6% |
| DVOL | First Trust Dorsey Wright Momentum & Low Volatility ETF | 24.4% | -2 bp | +1.1% |
| QGRO | American Century U.S. Quality Growth ETF | 23.9% | -33 bp | +1.3% |
| SPMO | Invesco S&P 500 Momentum ETF | 23.9% | -49 bp | +0.5% |
Risk and Returns: PDP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/2/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
4.0%
ALTAR SCORE™
24th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. PDP's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places PDP in the 24th percentile
among funds in the category.
Sell-Side Consensus
$177.66
PRICE TARGET
+33.6%
UPSIDE