Invesco Dorsey Wright Utilities Momentum ETFInvesco Dorsey Wright Utilities Momentum ETFInvesco Dorsey Wright Utilities Momentum ETF

Invesco Dorsey Wright Utilities Momentum ETF

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Key stats


Assets under management (AUM)
‪54.37 M‬USD
Fund flows (1Y)
‪6.03 M‬USD
Dividend yield (indicated)
2.01%
Discount/Premium to NAV
−0.3%

About Invesco Dorsey Wright Utilities Momentum ETF


Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.60%
Home page
Inception date
Oct 26, 2005
Index tracked
Dorsey Wright Utilities Tech Leaders
Management style
Passive
PUI provides an alternate technical - take on US utilities firms. It follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum. The fund reaches beyond our definition of US utility companies. Its concentrated, momentum-based portfolio actually carries lower market risk than our benchmark. Overall, PUI is a valid alternative to vanilla US utilities exposure. The fund uses a full replication indexing strategy, meaning PUI will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Utilities Momentum ETF.

Classification


Asset Class
Equity
Category
Sector
Focus
Utilities
Niche
Broad-based
Strategy
Momentum
Weighting scheme
Momentum
Selection criteria
Momentum
What's in the fund
Exposure type
StocksBonds, Cash & Other
Utilities
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
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Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.