DWAS Invesco DWA SmallCap Momentum ETF
What is DWAS?
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 uses a full replication indexing strategy, meaning DWAS will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Investors should consider all-in costs of holding the fund. The index is reconstituted and rebalanced quarterly.
DWAS Summary Data
DWAS Portfolio Data
DWAS Index Data
DWAS Portfolio Management
DWAS Tax Exposures
DWAS Fund Structure
Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
DWAS Top 10 Holdings
DWAS Performance Statistics
DWAS Economic Development
DWAS Benchmark Comparison Summary
DWAS Benchmark Comparison Market Cap Size