PTF
Invesco Dorsey Wright Technology Momentum ETF
The Invesco DWA Technology Momentum Portfolio tracks an index of U.S. tech firms selected and weighted by price momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 494.6 M
ASSETS UNDER MGMT
69 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 +
| MICRON TECHNOLOGY INC | 4.4 % |
| GITLAB, INC. CLASS A | 3.9 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 3.7 % |
| FRESHWORKS INC ORDINARY SHARES CLASS A | 3.5 % |
| AMPHENOL CORP-CL A | 3.5 % |
| SENTINELONE INC CLASS A | 3.4 % |
| ADVANCED MICRO DEVICES | 3.4 % |
| PALO ALTO NETWORKS INC | 3.4 % |
| SANDISK CORP | 3.4 % |
| ZETA GLOBAL HOLDINGS CORP. CLASS A | 3.3 % |
Constituent Breakdown
| Number of holdings | 38 |
| Herfindahl-Hirschman Index | 376 |
| Wgt avg mkt cap (mns) | $275,419 |
| Large cap (>$10bn) | 61.0% |
| Mid cap ($2-10bn) | 18.0% |
| Small cap (<$2bn) | 8.9% |
| Developed mkts. | 91.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 87.9 % |
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 | 42.4% | 45.5% | 31.0% | 35.1% | 16.8% | 22.9% | -- | 13.6% |
| Dividend Yield | 0.0% | 0.0% | 0.2% | 0.1% | 0.1% | 0.1% | -- | 0.1% |
| Total Returns | 42.4% | 45.5% | 31.2% | 35.2% | 16.9% | 23.0% | -- | 13.8% | Ann. Volatility | 56.6% | 54.4% | 45.7% | 41.5% | 39.0% | 35.2% | -- | 29.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.83 | 45% |
| MSCI EAFE | 1.87 | 30% |
| MSCI Emg Mkts | 1.63 | 58% |
Liquidity Measures
| Avg. volume (000) | 82 |
| ADV traded (mns) | $7 |
| Turnover | 1.5% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $104.84 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -1.63/-0.54 |
| Bollinger Bands (Upper/Lower) | $114.74/$96.30 |
| Short interest (% of AUM) | 0.3% |
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. PTF |
Expenses vs. PTF |
ALTAR Score™ vs. PTF |
|---|---|---|---|---|
| AIED | Defiance LLM Catalyst Momentum ETF | 26.1% | +6 bp | +0.2% |
| JTEK | JPMorgan U.S. Tech Leaders ETF | 25.5% | -4 bp | -2.3% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 25.1% | +6 bp | -0.6% |
| QQQG | Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | 24.4% | -20 bp | +0.8% |
| FCLD | Fidelity Cloud Computing ETF | 23.9% | -30 bp | +1.3% |
| RKNG | Defiance Retail Kings ETF | 23.6% | +10 bp | -5.5% |
| XDAT | Franklin Exponential Data ETF | 23.4% | -19 bp | -1.2% |
| TRFK | Pacer Data and Digital Revolution ETF | 23.2% | -20 bp | +1.1% |
| MFMO | Motley Fool Momentum Factor ETF | 22.9% | -19 bp | +0.0% |
| CLOD | Themes Cloud Computing ETF | 22.7% | -34 bp | +0.6% |
Risk and Returns: PTF 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
3.8%
ALTAR SCORE™
17th
PERCENTILE
AVOID
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%. PTF's ALTAR Score™ is approximately -0.9 standard
deviations above the category average. This places PTF in the 17th percentile
among funds in the category.
Sell-Side Consensus
$123.94
PRICE TARGET
+40.1%
UPSIDE