PFI
Invesco Dorsey Wright Financial Momentum ETF
The Invesco DWA Financial Momentum Portfolio tracks an index of U.S. financial firms selected and weighted by price momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 48.2 M
ASSETS UNDER MGMT
78 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 +
| JPMORGAN CHASE & CO | 6.0 % |
| INTERACTIVE BROKERS GRO-CL A | 4.7 % |
| MORGAN STANLEY | 4.4 % |
| STRIVE INC CLASS A | 3.8 % |
| WELLTOWER, INC. | 3.5 % |
| SIMON PROPERTY GROUP INC | 3.3 % |
| BANK OF NEW YORK MELLON CORP | 3.2 % |
| CBOE HOLDINGS INC | 3.1 % |
| VENTAS INC | 2.9 % |
| CITIGROUP INC | 2.9 % |
Constituent Breakdown
| Number of holdings | 46 |
| Herfindahl-Hirschman Index | 292 |
| Wgt avg mkt cap (mns) | $100,358 |
| Large cap (>$10bn) | 61.0% |
| Mid cap ($2-10bn) | 24.3% |
| Small cap (<$2bn) | 2.7% |
| Developed mkts. | 97.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 86.6 % |
 |
PUERTO RICO | 4.9 % |
 |
BERMUDA | 1.2 % |
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 | 0.0% | -0.4% | 2.1% | 11.7% | 1.7% | 6.5% | -- | 4.2% |
| Dividend Yield | 1.0% | 1.2% | 1.6% | 2.0% | 1.8% | 1.8% | -- | 1.5% |
| Total Returns | 1.0% | 0.8% | 3.8% | 13.7% | 3.5% | 8.3% | -- | 5.8% | Ann. Volatility | 18.6% | 19.3% | 22.3% | 20.7% | 21.5% | 22.4% | -- | 23.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.01 | 46% |
| MSCI EAFE | 0.68 | 32% |
| MSCI Emg Mkts | 0.31 | 17% |
Liquidity Measures
| Avg. volume (000) | 6 |
| ADV traded (mns) | $0 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.34% |
Technical Indicators
| 30d moving avg. (EMA) | $58.35 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -0.27/-0.42 |
| Bollinger Bands (Upper/Lower) | $58.85/$56.57 |
| Short interest (% of AUM) | 4.5% |
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. PFI |
Expenses vs. PFI |
ALTAR Score™ vs. PFI |
|---|---|---|---|---|
| DVOL | First Trust Dorsey Wright Momentum & Low Volatility ETF | 26.5% | -18 bp | -0.5% |
| KBWB | Invesco KBW Bank ETF | 25.2% | -43 bp | +1.2% |
| DDIV | First Trust Dorsey Wright Momentum & Dividend ETF | 24.2% | -18 bp | +1.4% |
| IYF | iShares U.S. Financials ETF | 20.9% | -41 bp | +0.5% |
| FTXO | First Trust Nasdaq Bank ETF | 19.2% | -18 bp | +1.4% |
| XLF | Financial Select Sector SPDR | 18.0% | -70 bp | +0.3% |
| VFH | Vanguard Financials ETF | 17.9% | -69 bp | +0.6% |
| FNCL | Fidelity MSCI Financials Index ETF | 17.9% | -70 bp | +0.6% |
| KCE | State Street SPDR S&P Capital Markets ETF | 17.6% | -43 bp | -1.0% |
| DVLU | First Trust Dorsey Wright Momentum & Value ETF | 17.6% | -18 bp | +2.9% |
Risk and Returns: PFI 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 11/6/2026
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
6.2%
ALTAR SCORE™
59th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. PFI's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places PFI in the 59th percentile
among funds in the category.
Sell-Side Consensus
$66.64
PRICE TARGET
+16.7%
UPSIDE