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
$ 1.3 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 +
| APPLOVIN CORP. CLASS A | 3.2 % |
| BROADCOM INC. | 2.8 % |
| MASTERCARD INCORPORATED CLASS A | 2.7 % |
| ROCKET LAB CORP | 2.6 % |
| ROBINHOOD MARKETS, INC. CLASS A | 2.6 % |
| AMPHENOL CORP-CL A | 2.6 % |
| ROLLINS INC | 2.5 % |
| CADENCE DESIGN SYS INC | 2.4 % |
| COMFORT SYSTEMS USA INC | 2.3 % |
| MEDPACE HOLDINGS, INC. | 2.1 % |
Constituent Breakdown
| Number of holdings | 93 |
| Herfindahl-Hirschman Index | 142 |
| Wgt avg mkt cap (mns) | $220,412 |
| Large cap (>$10bn) | 80.9% |
| Mid cap ($2-10bn) | 12.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 93.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 90.0 % |
 |
IRELAND | 3.7 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.8% | 20.0% | 16.4% | 20.2% | 8.2% | 12.8% | -- | 9.3% |
| Dividend Yield | 0.0% | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% | -- | 0.3% |
| Total Returns | 10.8% | 20.2% | 16.6% | 20.5% | 8.5% | 13.1% | -- | 9.6% | Ann. Volatility | 23.3% | 24.0% | 21.6% | 19.8% | 21.9% | 21.2% | -- | 22.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.06 | 72% |
| MSCI EAFE | 1.02 | 48% |
| MSCI Emg Mkts | 0.95 | 50% |
Liquidity Measures
| Avg. volume (000) | 36 |
| ADV traded (mns) | $4 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $123.41 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -1.27/-0.86 |
| Bollinger Bands (Upper/Lower) | $128.25/$118.07 |
| Short interest (% of AUM) | 0.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 |
|---|---|---|---|---|
| FDMO | Fidelity Momentum Factor ETF | 28.7% | -47 bp | +0.8% |
| PWB | Invesco Large Cap Growth ETF | 27.6% | -6 bp | +0.7% |
| FTC | First Trust Large Cap Growth AlphaDEX Fund | 27.0% | -3 bp | +0.3% |
| AMOM | Qraft AI-Enhanced U.S. Large Cap Momentum ETF | 26.5% | +13 bp | +0.9% |
| RPG | Invesco S&P 500 Pure Growth ETF | 26.1% | -27 bp | +2.9% |
| JMOM | JPMorgan U.S. Momentum Factor ETF | 26.0% | -50 bp | +1.9% |
| JGRO | JPMorgan Active Growth ETF | 24.3% | -18 bp | +0.9% |
| QGRO | American Century U.S. Quality Growth ETF | 22.9% | -33 bp | +2.6% |
| LCLG | Logan Capital Broad Innovative Growth ETF | 22.1% | +37 bp | +1.5% |
| ROE | Astoria US Quality Kings ETF | 21.9% | -13 bp | +4.9% |
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 3/31/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
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
2.9%
ALTAR SCORE™
7th
PERCENTILE
AVOID
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 2.1%. PDP's ALTAR Score™ is approximately -1.5 standard
deviations above the category average. This places PDP in the 7th percentile
among funds in the category.
Sell-Side Consensus
$158.83
PRICE TARGET
+37.7%
UPSIDE