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
$ 62.1 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 +
| ROBINHOOD MARKETS, INC. CLASS A | 6.0 % |
| MASTERCARD INCORPORATED CLASS A | 5.1 % |
| JPMORGAN CHASE & CO | 4.1 % |
| ARES MANAGEMENT LP | 3.5 % |
| BLACKSTONE GROUP LP/THE | 3.4 % |
| KKR & CO LP | 3.4 % |
| INTERACTIVE BROKERS GRO-CL A | 3.3 % |
| EVERCORE PARTNERS INC-CL A | 3.2 % |
| AMERICAN EXPRESS CO | 3.1 % |
| SOFI TECHNOLOGIES INC | 2.9 % |
Constituent Breakdown
| Number of holdings | 38 |
| Herfindahl-Hirschman Index | 282 |
| Wgt avg mkt cap (mns) | $128,030 |
| Large cap (>$10bn) | 66.7% |
| Mid cap ($2-10bn) | 22.6% |
| Small cap (<$2bn) | 4.5% |
| Developed mkts. | 95.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.1 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.4% | 5.8% | 8.7% | 14.4% | 2.5% | 6.7% | -- | 4.4% |
| Dividend Yield | 0.3% | 0.8% | 2.0% | 2.1% | 1.8% | 1.8% | -- | 1.5% |
| Total Returns | 1.7% | 6.6% | 10.7% | 16.5% | 4.3% | 8.5% | -- | 5.9% | Ann. Volatility | 20.4% | 18.8% | 22.6% | 20.6% | 21.9% | 22.3% | -- | 23.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.20 | 57% |
| MSCI EAFE | 0.74 | 35% |
| MSCI Emg Mkts | 0.47 | 24% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.51% |
Technical Indicators
| 30d moving avg. (EMA) | $58.03 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.44/0.55 |
| Bollinger Bands (Upper/Lower) | $59.38/$57.70 |
| Short interest (% of AUM) | 0.0% |
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 |
|---|---|---|---|---|
| IYG | iShares US Financial Services ETF | 30.3% | -20 bp | +0.2% |
| VFH | Vanguard Financials ETF | 28.0% | -51 bp | +1.3% |
| XLF | Financial Select Sector SPDR | 28.0% | -52 bp | +0.9% |
| KCE | State Street SPDR S&P Capital Markets ETF | 27.7% | -25 bp | +0.7% |
| FNCL | Fidelity MSCI Financials Index ETF | 27.7% | -52 bp | +1.3% |
| IYF | iShares U.S. Financials ETF | 21.1% | -20 bp | +0.9% |
| RSPF | Invesco S&P 500 Equal Weight Financials ETF | 20.1% | -20 bp | +1.7% |
| IAI | iShares U.S. Broker-Dealers & Securities Exchanges ETF | 19.0% | -20 bp | -1.3% |
| IXG | iShares Global Financials ETF | 19.0% | -18 bp | +1.3% |
| NYNY | Corgi NYC Based ETF | 18.0% | -40 bp | +0.5% |
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 6/3/2026
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
5.8%
ALTAR SCORE™
60th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. PFI's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places PFI in the 60th percentile
among funds in the category.
Sell-Side Consensus
$77.49
PRICE TARGET
+33.7%
UPSIDE