PRN
Invesco Dorsey Wright Industrials Momentum ETF
The Invesco DWA Industrials Momentum Portfolio tracks an index of U.S. industrial firms selected and weighted by price momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 368.2 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 +
| TTM TECHNOLOGIES | 6.6 % |
| COMFORT SYSTEMS USA INC | 4.8 % |
| ARGAN INC | 4.6 % |
| STERLING CONSTRUCTION CO | 4.3 % |
| VICOR CORP | 4.3 % |
| JABIL CIRCUIT INC | 3.9 % |
| QUANTA SERVICES INC | 3.8 % |
| MKS INSTRUMENTS INC | 3.5 % |
| CATERPILLAR INC | 3.4 % |
| HOWMET AEROSPACE INC. | 3.3 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 319 |
| Wgt avg mkt cap (mns) | $53,644 |
| Large cap (>$10bn) | 76.5% |
| Mid cap ($2-10bn) | 19.1% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 97.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.0 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 13.2% | 20.5% | 16.6% | 22.4% | 13.7% | 14.9% | -- | 10.8% |
| Dividend Yield | 0.0% | 0.1% | 0.3% | 0.3% | 0.5% | 0.5% | -- | 0.7% |
| Total Returns | 13.2% | 20.6% | 16.9% | 22.7% | 14.2% | 15.3% | -- | 11.5% | Ann. Volatility | 37.9% | 35.3% | 31.4% | 28.3% | 26.6% | 25.1% | -- | 25.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.97 | 51% |
| MSCI EAFE | 1.49 | 43% |
| MSCI Emg Mkts | 1.04 | 53% |
Liquidity Measures
| Avg. volume (000) | 45 |
| ADV traded (mns) | $9 |
| Turnover | 2.5% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $225.22 |
| Relative strength (RSI) | 50 |
| MACD/Signal | -2.14/-3.76 |
| Bollinger Bands (Upper/Lower) | $235.89/$206.14 |
| Short interest (% of AUM) | 0.2% |
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. PRN |
Expenses vs. PRN |
ALTAR Score™ vs. PRN |
|---|---|---|---|---|
| XMMO | Invesco S&P MidCap Momentum ETF | 23.3% | -26 bp | +2.0% |
| PDP | Invesco Dorsey Wright Momentum ETF | 23.3% | +2 bp | +0.1% |
| AIRR | First Trust RBA American Industrial Renaissance ETF | 21.0% | +10 bp | +2.3% |
| RFG | Invesco S&P Midcap 400 Pure Growth ETF | 19.3% | -25 bp | +3.3% |
| FIDU | Fidelity MSCI Industrial Index ETF | 18.5% | -52 bp | +1.9% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 18.5% | -25 bp | -0.1% |
| VIS | Vanguard Industrials ETF | 17.0% | -51 bp | +2.0% |
| XLI | Industrial Select Sector SPDR | 16.2% | -52 bp | +2.0% |
| HWAY | Themes US Infrastructure ETF | 16.1% | -31 bp | +2.6% |
| PKB | Invesco Building & Construction ETF | 15.9% | +2 bp | +2.3% |
Risk and Returns: PRN 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 9/6/2026
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
2.5%
ALTAR SCORE™
8th
PERCENTILE
AVOID
ETFRC RATING
There are 1,408 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. PRN's ALTAR Score™ is approximately -1.4 standard
deviations above the category average. This places PRN in the 8th percentile
among funds in the category.
Sell-Side Consensus
$252.33
PRICE TARGET
+25.9%
UPSIDE