PTHInvesco DWA Healthcare Momentum ETF
PTH Fund Description
The Invesco DWA Healthcare Momentum Portfolio tracks an index of U.S. healthcare firms selected and weighted by price momentum.
PTH Factset Analytics Insight
PTH provides an alternate take on US healthcare firms, with a lot of emphasis on the biotech and research sector compared to our more pharma and provider-focused neutral benchmark. PTH has been around for over a decade, but changed indexes in 2014 to adopt a momentum-weighted Dorsey-Wright relative strength index. This has contributed to the fund's sharp pivot away from neutral segment exposure toward growth sectors. Unsurprisingly, the fund tilts small, and carries considerably more risk. It's not much of a trader's fund, with lukewarm volume and big spreads. The story is better for institutional investors, who will find plenty of underlying liquidity for block execution. The news isn't great from an Efficiency standpoint: even for a segment specialist fund, PTH charges a high fee and real costs are even higher thanks to laggy tracking. Overall, PTH offers a different, growth-focused take on healthcare, but investors should note that it's often expensive to trade and expensive to hold.
PTH MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 20, 2018 the Invesco DWA Healthcare Momentum ETF MSCI ESG Fund Quality Score is 3.94 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PTH ranks in the 8th percentile within its peer group and in the 8th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
PTH CHARTS AND PERFORMANCE
PTH Top 10 Countries
PTH Top 10 Sectors
PTH Top 10 Holdings [View All]
PTH Summary Data
PTH Portfolio Data
PTH Index Data
PTH Portfolio Management
PTH Tax Exposures
PTH Fund Structure
PTH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PTH. PTH is rated a 5 out of 5.
PTH Sector/Industry Breakdown
PTH TOP 10 HOLDINGS[View All]
PTH Economic Development
PTH Performance Statistics
PTH MSCI ESG Ratings
PTH BENCHMARK COMPARISON SUMMARY
PTH BENCHMARK COMPARISON MARKET CAP SIZE