PRN
Invesco Dorsey Wright Industrials Momentum ETF
The Invesco DWA Industrials Momentum Portfolio tracks an index of U.S. industrial firms selected and weighted by price momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 476.3 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Oct 12, 2006 |
| 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 +
| ROCKET LAB CORP | 4.7 % |
| COMFORT SYSTEMS USA INC | 4.2 % |
| KRATOS DEFENSE & SECURITY | 4.2 % |
| TRANE TECHNOLOGIES PLC | 3.6 % |
| QUANTA SERVICES INC | 3.3 % |
| EMCOR GROUP INC | 3.3 % |
| BLOOM ENERGY CORPORATION CLASS A | 3.3 % |
| HEICO CORP | 3.2 % |
| UNITED RENTALS INC | 3.2 % |
| PARKER HANNIFIN CORP | 3.1 % |
Constituent Breakdown
| Number of holdings | 40 |
| Herfindahl-Hirschman Index | 269 |
| Wgt avg mkt cap (mns) | $38,359 |
| Large cap (>$10bn) | 54.8% |
| Mid cap ($2-10bn) | 25.9% |
| Small cap (<$2bn) | 13.0% |
| Developed mkts. | 93.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 90.0 % |
 |
IRELAND | 3.6 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.4% | 41.3% | 18.1% | 27.0% | 13.7% | 15.7% | -- | 11.0% |
| Dividend Yield | 0.0% | 0.2% | 0.3% | 0.4% | 0.5% | 0.5% | -- | 0.7% |
| Total Returns | 11.4% | 41.4% | 18.3% | 27.4% | 14.2% | 16.2% | -- | 11.6% | Ann. Volatility | 32.5% | 29.1% | 27.2% | 24.7% | 24.6% | 23.8% | -- | 24.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 59% |
| MSCI EAFE | 1.11 | 45% |
| MSCI Emg Mkts | 1.00 | 48% |
Liquidity Measures
| Avg. volume (000) | 20 |
| ADV traded (mns) | $4 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $201.26 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 3.05/0.53 |
| Bollinger Bands (Upper/Lower) | $215.02/$183.66 |
| Short interest (% of AUM) | 0.6% |
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. PRN |
Expenses vs. PRN |
ALTAR Score™ vs. PRN |
|---|---|---|---|---|
| AIRR | First Trust RBA American Industrial Renaissance ETF | 22.6% | +10 bp | +2.1% |
| PAVE | Global X U.S. Infrastructure Development ETF | 21.5% | -13 bp | +2.5% |
| PDP | Invesco Dorsey Wright Momentum ETF | 20.9% | +2 bp | +0.5% |
| PKB | Invesco Building & Construction ETF | 20.0% | +2 bp | +2.1% |
| HWAY | Themes US Infrastructure ETF | 19.7% | -31 bp | +3.1% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 19.1% | -25 bp | +0.1% |
| PPA | Invesco Aerospace & Defense ETF | 18.4% | -2 bp | +0.2% |
| QMOM | Alpha Architect U.S. Quantitative Momentum ETF | 18.4% | -21 bp | -0.3% |
| VIS | Vanguard Industrials ETF | 17.5% | -51 bp | +2.3% |
| XLI | Industrial Select Sector SPDR | 17.4% | -52 bp | +2.3% |
Risk and Returns: PRN 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 4/12/2026
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
2.0%
ALTAR SCORE™
4th
PERCENTILE
AVOID
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.6% and a standard deviation
of 2.1%. PRN's ALTAR Score™ is approximately -1.8 standard
deviations above the category average. This places PRN in the 4th percentile
among funds in the category.
Sell-Side Consensus
$239.48
PRICE TARGET
+10.2%
UPSIDE