DWAS

Invesco DWA SmallCap Momentum ETF
*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 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.

PERFORMANCE [as of 06/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DWAS -10.67% -20.29% -24.28% -23.03% 8.73% 9.92% --
DWAS (NAV) -10.66% -20.18% -24.28% -22.91% 8.77% 9.89% --
Dorsey Wright SmallCap Technical Leaders Index -10.63% -20.07% -24.05% -22.38% 9.34% 10.49% --
MSCI USA Small Cap Index -5.21% -15.62% -21.40% -20.28% 6.60% 7.25% 11.18%
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%
$333.90M
$3.00M
0.14%

DWAS Portfolio Data

$2.19B
20.91
2.33
0.43%
N/A
200

DWAS Index Data

Tiered
Momentum
MSCI USA Small Cap Index

DWAS Portfolio Management

0.60%
-0.80%
-0.53%
-1.09%

DWAS Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DWAS Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

DWAS Factset Analytics Block Liquidity

As of 06/24/22
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

39,027
$3.00M
26,313
$2.06M
0.14%
$0.11
0.00%
0.53% / -1.26%
None
96.00%
50,000
0.53
0.01%
0.29%
28
$68.03
5

DWAS Sector/Industry Breakdown


DWAS
Segment Benchmark
18.75%
--
15.85%
--
11.03%
--
7.37%
--
6.30%
--
6.16%
--
5.44%
--
4.31%
--
3.88%
--
3.54%
--

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

0.87
1.17
1.07
1.14
0.83%
MSCI USA Small Cap Index

DWAS Benchmark Comparison Holdings

200
1924
160
7.72%

DWAS Benchmark Comparison Summary


DWAS
Segment Benchmark
200
1924
$2.19B
$5.13B
20.91
27.30
2.33
2.27
0.84%
1.28%
Low
Low

DWAS Benchmark Comparison Market Cap Size


DWAS
Segment Benchmark
0.00%
3.72%
33.56%
69.45%
54.08%
24.72%
12.36%
2.12%