Invesco DWA Industrials Momentum ETF (PRN)PRN

ETF Invesco DWA Industrials Momentum ETF (DW промышленный)

Profile:

Invesco DWA Industrials Momentum ETF (DW промышленный) is an exchange-traded fund focusing on large and mid-cap U.S. industrial sector stocks exhibiting positive relative momentum. It utilizes the Dorsey Wright Asset Management momentum ranking methodology to select holdings, aiming to capture companies with strong price momentum and positive earnings revisions.

Objective:

The primary objective of DW промышленный is to track the price and yield performance, before fees and expenses, of the Dorsey Wright industrials momentum index, which comprises stocks from the S&P 500 and S&P MidCap 400 indices.

Issuer:

Invesco Ltd.

Reputation and Reliability: Invesco Ltd. is a global investment management firm with a long and well-established track record. Founded in 1979, the firm manages over $1.5 trillion in assets across various investment strategies. Invesco is known for its strong reputation, experienced management team, and commitment to delivering innovative investment solutions.

Management: The Invesco DWA Industrials Momentum ETF is managed by a team of experienced portfolio managers and analysts with expertise in quantitative analysis, momentum strategies, and the industrial sector.

Market Share:

DW промышленный is a relatively small ETF within the industrials sector, with a market share of approximately 0.2%.

Total Net Assets:

As of November 8, 2023, DW промышленный has total net assets of approximately $130 million.

Moat:

The ETF's competitive advantage lies in its unique strategy of combining momentum and fundamentals. By focusing on companies with strong price momentum and positive earnings revisions, DW промышленный aims to capture both short-term and long-term growth potential.

Financial Performance:

DW промышленный has historically outperformed the S&P 500 and the industrial sector. Over the past 3 years, the ETF has delivered an annualized return of 15.2%, while the S&P 500 and the industrial sector have returned 10.1% and 12.4%, respectively.

Benchmark Comparison:

DW промышленный has consistently outperformed its benchmark, the Dorsey Wright Industrials Momentum Index. This indicates the effectiveness of the ETF's strategy in selecting stocks with strong momentum and growth potential.

Growth Trajectory:

The industrial sector is expected to benefit from the ongoing economic recovery and infrastructure spending. DW промышленный is well-positioned to capture this growth potential with its focus on companies with strong momentum and earnings revisions.

Liquidity:

Average Trading Volume: DW промышленный has an average trading volume of approximately 100,000 shares per day. Bid-Ask Spread: The bid-ask spread for DW промышленный is typically around 0.1%, indicating good liquidity.

Market Dynamics:

The ETF's market environment is influenced by factors such as economic growth, interest rates, and the performance of the industrial sector.

Competitors:

Key competitors include iShares U.S. Industrials ETF (IYJ) and Vanguard Industrials ETF (VIS), with market shares of 2.5% and 2.2%, respectively.

Expense Ratio:

The expense ratio for DW промышленный is 0.60%.

Investment Approach and Strategy:

Strategy: DW промышленный tracks the Dorsey Wright Industrials Momentum Index, which selects stocks based on their relative momentum and positive earnings revisions.

Composition: The ETF invests primarily in large and mid-cap U.S. industrial sector stocks. As of November 8, 2023, the top holdings include Boeing, Caterpillar, and Honeywell International.

Key Points:

• Focuses on industrial sector stocks with strong momentum and positive earnings revisions.
• Historically outperformed the S&P 500 and the industrial sector.
• Well-positioned to benefit from the ongoing economic recovery and infrastructure spending.
• Offers good liquidity and a competitive expense ratio.

Risks:

• Volatility: DW промышленный is a sector-specific ETF and may experience higher volatility than the broader market.
• Market Risk: The ETF's performance is tied to the performance of the industrial sector, which is sensitive to economic conditions and interest rates.

Who Should Consider Investing:

Investors seeking exposure to the industrial sector with a focus on momentum and growth potential may consider DW промышленный. However, investors should be comfortable with the potential for higher volatility and should have a long-term investment horizon.

Fundamental Rating Based on AI:

8.5

DW промышленный receives a strong rating based on its unique strategy, historical performance, and competitive positioning. The ETF benefits from its focus on momentum and fundamentals, its experienced management team, and its relatively low expense ratio. However, investors should be aware of the potential for higher volatility and the risks associated with the industrial sector.

Resources and Disclaimers:

• Invesco DWA Industrials Momentum ETF website: https://us.invesco.com/content/us/en/products/etfs/etf-detail?audienceType=Investor&productId=8466
• Yahoo Finance: https://finance.yahoo.com/quote/DW%D0%BF?p=DW%D0%BF
• Morningstar: https://www.morningstar.com/etfs/arcx/dwrf/quote.html

Disclaimer: This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.