Invesco DWA Tactical Sector Rotation ETF ETF.com segment: Equity: U.S. - Total Market Competing ETFs: MTUM, PDP, QMOM, DWAQ, MMTM Related ETF Channels: North America, Smart-Beta ETFs, U.S., Total Market, Broad-based, Momentum, Equity, Size and Style Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. 53 FUND DESCRIPTION The Invesco DWA Tactical Sector Rotation Portfolio holds four momentum-based US sector ETFs with the greatest relative price momentum. The fund may hold up to 100% cash when cash has high relative momentum. FACTSET ANALYTICS INSIGHT Invesco's follows a sector rotation strategy from Dorsey Wright, the "smart beta" indexer behind First Trust's 2014 blockbuster fund FV. holds just four ETFs, chosen from the issuer's momentum-based US sector suite (also using Dorsey Wright indexes). The four funds are chosen for their strong relative momentum, essentially doubling down on the momentum strategy. The fund can also move up to 100% into T-bills, which replace any sector with lower relative momentum. isn't without drawbacks: It charges a steep fee and will likely see high turnover that could hurt both tracking and tax efficiency. And as a new fund, its performance record and liquidity are still being established. Still, could be highly appealing to those who believe its methodology will beat the market and are willing to take lots of active risk along the way. Trade with care. SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings Invesco 10/12/15 Open-Ended Fund 0.75% $87.94M $492.60K 0.27% $55.46B 36.23 5.77 0.44% 09/24/18 156 INDEX DATA Index Tracked Index Weighting Methodology Index Selection Methodology Dorsey Wright Sector 4 Index Momentum Momentum MSCI USA IMI
1 Year Daily Price ($) 34.00 32.00 30.00 28.00 Oct Nov Dec `18 Feb Mar Apr May Jun Jul Aug Sep 400k PERFORMANCE [as of 09/14/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS 4.25% 4.31% 13.43% 22.18% (NAV) 4.41% 3.99% 13.33% 22.26% Dorsey Wright Sector 4 Index MSCI USA IMI 2.44% 4.59% 10.57% 19.15% 16.26% 13.52% 11.31% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES United States Canada 100.00% TOP 10 SECTORS Technology 27.99% Financials 1.17% Consumer Cyclicals 22.62% Healthcare 1.09% Industrials 22.26% Telecommunications Serv 0.40% Energy 19.10% Consumer Non-Cyclicals 0.28% Basic Materials 3.02% TOP 10 HOLDINGS Invesco DWA Industrials M Invesco DWA Technology Invesco DWA Consumer C Invesco DWA Energy Mom AIM Treasurers Series Fun 30.13% 28.07% 22.56% 19.20% Total Top 10 Weighting 99.99%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.75% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 100% / 0% ETN Counterparty Risk Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 1.0% FACTSET ANALYTICS BLOCK LIQUIDITY As of 09/17/18 0.8% 0.6% 0.4% 0.2% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 1 out of 5. Premium/Discount 2.0% TRADABILITY Avg. Daily Share 15,568 0.0% Average Daily $ $492.60K Median Daily Share 4,871-2.0% 300k 200k 100k Median Daily ($) Average Spread (%) Average Spread ($) $144.70K 0.27% $0.08 Oct Dec Feb Apr May Jul Sep Median Premium / Discount (12 Mo) -0.06% Max. Premium / Discount (12 Mo) 1.79% / -1.80% Impediment to Creations None Market Hours Overlap 100.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 0.10 Creation Unit Cost (%) Underlying / Unit 149.66% Open Interest on ETF Options Net Asset Value (Yesterday) $32.05 ETF.com Implied Liquidity 1
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Technology 27.99% 24.04% Consumer Cyclicals 22.62% 12.72% Invesco DWA Industrials Momentum ETF Invesco DWA Technology Momentum ETF 30.13% 28.07% Invesco DWA Consumer Cyclicals Momentum ETF 22.56% Invesco DWA Energy Momentum ETF 19.20% Goodness of Fit (R2) Beta Up Beta Down Beta 0.66 0.97 0.80 0.93 Industrials 22.26% 10.55% Energy 19.10% 5.76% Basic Materials 3.02% 2.56% AIM Treasurers Series Funds Inc Premier US Government Money Portfolio Institutional Total Top 10 Weighting 99.99% Downside Standard Deviation 0.59% MSCI USA IMI Financials 1.17% 17.44% BENCHMARK COMPARISON HOLDINGS Healthcare 1.09% 13.34% Telecommunications Services Consumer Non- Cyclicals 0.40% 1.80% 0.28% 6.61% Number of Holdings Constituents Shared Holdings Shared Holdings Weight 156 2409 148 13.13% COUNTRIES United States 100.00% 99.93% Canada 0.07% BENCHMARK COMPARISON SUMMARY Number of Holdings 156 2409 REGIONS North America 100.00% 100.00% Weighted Average Market Cap Price / Earnings Ratio $55.46B $189.94B 36.23 25.18 ECONOMIC DEVELOPMENT Developed Countries 100.00% 100.00% Price / Book Ratio Dividend Yield 5.77 3.23 0.63% 1.74% Concentration 2018 ETF.com The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional. ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com. [ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Data provider: Terms of Use