Invesco Dorsey Wright Energy Momentum ETFInvesco Dorsey Wright Energy Momentum ETFInvesco Dorsey Wright Energy Momentum ETF

Invesco Dorsey Wright Energy Momentum ETF

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Key stats


Assets under management (AUM)
‪43.21 M‬USD
Fund flows (1Y)
‪−22.29 M‬USD
Dividend yield (indicated)
1.86%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪1.05 M‬
Expense ratio
0.60%

About Invesco Dorsey Wright Energy Momentum ETF


Brand
Invesco
Home page
Inception date
Oct 12, 2006
Structure
Open-Ended Fund
Index tracked
Dorsey Wright Energy Tech Leaders TR
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PXI follows a Dorsey Wright relative strength index that selects and weights US energy stocks by price momentum. Index construction begins by assigning a momentum score to the 2,000 largest constituents from the NASDAQ US Benchmark index. The score is based on upward price movements of the security compared to the benchmark and other eligible securities within the universe. The top 30 highest momentum-scoring stocks in the energy sector are then chosen for the index with higher scoring securities receiving greater weight. The portfolio tilts small, with a growth bias and somewhat higher risk. The index is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Energy Momentum ETF.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Momentum
Geography
U.S.
Weighting scheme
Momentum
Selection criteria
Momentum
What's in the fund
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Industrial Services
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.

Broaden your horizons with more funds linked to PXI via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PXI trades at 42.01 USD today, its price has risen 1.35% in the past 24 hours. Track more dynamics on PXI price chart.
PXI net asset value is 41.25 today — it's risen 5.75% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PXI assets under management is ‪43.21 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PXI price has risen by 3.83% over the last month, and its yearly performance shows a −12.68% decrease. See more dynamics on PXI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.03% decrease in three-month performance and has decreased by −13.26% in a year.
PXI fund flows account for ‪−22.29 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PXI invests in stocks. See more details in our Analysis section.
PXI expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PXI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PXI technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PXI shows the neutral signal. See more of PXI technicals for a more comprehensive analysis.
Yes, PXI pays dividends to its holders with the dividend yield of 1.86%.
PXI trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PXI shares are issued by Invesco Ltd.
PXI follows the Dorsey Wright Energy Tech Leaders TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 12, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.