PTF
Invesco Dorsey Wright Technology Momentum ETF
The Invesco DWA Technology Momentum Portfolio tracks an index of U.S. tech firms selected and weighted by price momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 685.3 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 +
| SANDISK CORP ORDINARY SHARES | 9.2 % |
| WESTERN DIGITAL CORP | 6.2 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 5.4 % |
| MICRON TECHNOLOGY INC | 5.3 % |
| NVIDIA CORP | 4.2 % |
| APPLE INC | 4.1 % |
| AEHR TEST SYSTEMS | 3.9 % |
| NAVITAS SEMICONDUCTOR CORPORATION | 3.7 % |
| DIGITALOCEAN HOLDINGS, INC. | 3.5 % |
| LUMENTUM HOLDINGS INC | 3.5 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 376 |
| Wgt avg mkt cap (mns) | $586,628 |
| Large cap (>$10bn) | 58.7% |
| Mid cap ($2-10bn) | 31.0% |
| Small cap (<$2bn) | 1.3% |
| Developed mkts. | 91.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 85.6 % |
 |
IRELAND | 5.4 % |
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 | 42.4% | 45.5% | 31.0% | 35.1% | 16.8% | 22.9% | -- | 13.6% |
| Dividend Yield | 0.0% | 0.0% | 0.2% | 0.1% | 0.1% | 0.1% | -- | 0.1% |
| Total Returns | 42.4% | 45.5% | 31.2% | 35.2% | 16.9% | 23.0% | -- | 13.8% | Ann. Volatility | 56.6% | 54.4% | 45.7% | 41.5% | 39.0% | 35.2% | -- | 29.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.83 | 45% |
| MSCI EAFE | 1.87 | 30% |
| MSCI Emg Mkts | 1.63 | 58% |
Liquidity Measures
| Avg. volume (000) | 76 |
| ADV traded (mns) | $8 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $108.47 |
| Relative strength (RSI) | 51 |
| MACD/Signal | -0.68/-2.81 |
| Bollinger Bands (Upper/Lower) | $117.96/$89.81 |
| 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. PTF |
Expenses vs. PTF |
ALTAR Score™ vs. PTF |
|---|---|---|---|---|
| GFLW | VictoryShares Free Cash Flow Growth ETF | 36.9% | -21 bp | +3.2% |
| PSI | Invesco Semiconductors ETF | 33.0% | -3 bp | +1.1% |
| PWB | Invesco Large Cap Growth ETF | 30.4% | -4 bp | +2.3% |
| IQM | Franklin Intelligent Machines ETF | 30.2% | -10 bp | +1.3% |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | 30.0% | -20 bp | +3.3% |
| RPG | Invesco S&P 500 Pure Growth ETF | 27.3% | -25 bp | +1.8% |
| SPMO | Invesco S&P 500 Momentum ETF | 26.8% | -47 bp | +2.9% |
| VEGN | US Vegan Climate ETF | 26.3% | 0 bp | +3.2% |
| PDP | Invesco Dorsey Wright Momentum ETF | 26.1% | +2 bp | +2.5% |
| DISK | Tema Memory ETF | 25.5% | +15 bp | +11.9% |
Risk and Returns: PTF 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 10/14/2026
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
1.3%
ALTAR SCORE™
3rd
PERCENTILE
AVOID
ETFRC RATING
There are 1,392 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.2%. PTF's ALTAR Score™ is approximately -1.9 standard
deviations above the category average. This places PTF in the 3rd percentile
among funds in the category.
Sell-Side Consensus
$139.06
PRICE TARGET
+31.8%
UPSIDE