DWAS

Invesco DWA SmallCap Momentum ETF
B

58
*Unless otherwise stated, data provided by FactSet.

DWAS Fund Description

DWAS tracks an index of 200 small-cap securities with the best relative strength indicators; these indicators are determined by Dorsey Wright's proprietary methodology.

DWAS Factset Analytics Insight

DWAS offers a technical take on US small-caps, differentiating it from the large field of competing ETFs. The fund aims to outperform standard market cap-weighted ETFs using relative price trends as interpreted by Dorsey Wright, rather than market value or fundamental attributes. DWAS selects just 200 stocks for its portfolio each quarter, which makes it far more concentrated than rivals like IWM, which holds nearly 2,000 small-caps. The resulting portfolio can vary greatly from vanilla ETFs in both holdings and performance, and tilts toward small- and micro-caps compared to our benchmark. The fund trades in modest quantities daily, with sizeable spreads, though large investors executing block trades should have an easier time. DWAS is an expensive fund to hold, with high fees for its segment, though close tracking keeps holding costs in line with that fee.

DWAS MSCI ESG Analytics Insight

Invesco DWA SmallCap Momentum ETF has an MSCI ESG Fund Rating of BB based on a score of 3.39 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Invesco DWA SmallCap Momentum ETF ranks in the 12nd percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DWAS MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

DWAS CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DWAS -5.14% 3.13% 20.60% -6.00% 12.22% 7.35% --
DWAS (NAV) -5.19% 1.81% 19.78% -4.66% 11.67% 7.31% --
Dorsey Wright SmallCap Technical Leaders Index -5.20% 1.89% 20.21% -4.12% 12.29% 7.91% --
MSCI USA Small Cap Index -5.74% -3.59% 12.43% -6.87% 8.38% 7.46% 13.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DWAS Summary Data

Invesco
07/19/12
Open-Ended Fund
0.60%
$259.62M
$1.26M
0.13%

DWAS Portfolio Data

$1.87B
206.38
4.50
0.04%
09/23/19
202

DWAS Index Data

Tiered
Momentum
MSCI USA Small Cap Index

DWAS Portfolio Management

0.60%
-0.62%
-0.49%
-0.80%

DWAS Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DWAS Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DWAS Factset Analytics Block Liquidity

As of 08/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DWAS. DWAS is rated a 5 out of 5.

DWAS Tradability

23,456
$1.26M
14,943
$826.62K
0.13%
$0.07
-0.04%
0.37% / -0.36%
None
100.00%
50,000
0.30
0.02%
0.21%
621
$52.29
5

DWAS Sector/Industry Breakdown


DWAS
Segment Benchmark
26.69%
13.76%
19.18%
15.19%
15.60%
14.54%
13.98%
25.93%
11.71%
12.85%
5.47%
4.22%
2.69%
5.58%
1.93%
4.00%
1.54%
3.01%
1.22%
0.92%

DWAS Countries


DWAS
Segment Benchmark
100.00%
100.00%

DWAS Regions


DWAS
Segment Benchmark
100.00%
100.00%

DWAS Economic Development


DWAS
Segment Benchmark
100.00%
100.00%

DWAS Performance Statistics

0.89
1.26
1.26
1.28
0.66%
MSCI USA Small Cap Index

DWAS MSCI ESG Ratings

BB
3.39 / 10
16.77
11.94
5.75%
3.80%
74.68

DWAS BENCHMARK COMPARISON HOLDINGS

202
1803
193
8.74%

DWAS BENCHMARK COMPARISON SUMMARY


DWAS
Segment Benchmark
202
1803
$1.87B
$3.96B
206.38
41.11
4.50
2.23
0.42%
1.58%
Low
Low

DWAS BENCHMARK COMPARISON MARKET CAP SIZE


DWAS
Segment Benchmark
0.00%
0.03%
25.46%
62.81%
61.62%
33.87%
12.92%
3.28%