PTH

Invesco DWA Healthcare Momentum ETF
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31
*Unless otherwise stated, data provided by FactSet.

PTH Fund Description

PTH 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

Invesco DWA Healthcare Momentum ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.52 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 Healthcare Momentum ETF ranks in the 29th percentile within its peer group and in the 51st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PTH 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.

PTH 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
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PTH -6.94% -3.78% 14.82% -16.11% 19.44% 10.15% 14.38%
PTH (NAV) -6.27% -2.79% 14.39% -15.99% 17.36% 10.03% 14.36%
DWA Healthcare Technical Leaders Index -- -- -- -- -- -- 14.36%
Thomson Reuters US Healthcare -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PTH Summary Data

Invesco
10/12/06
Open-Ended Fund
0.60%
$126.62M
$789.36K
0.15%

PTH Portfolio Data

$16.17B
-137.22
9.02
0.00%
09/23/19
45

PTH Index Data

Momentum
Momentum
Thomson Reuters US Healthcare

PTH Portfolio Management

0.60%
--
--
--

PTH Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PTH 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

PTH Factset Analytics Block Liquidity

As of 09/17/19
5
4
3
2
1

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 Tradability

9,165
$789.36K
4,989
$443.09K
0.15%
$0.13
-0.03%
0.49% / -0.71%
None
100.00%
50,000
0.10
0.01%
0.29%
56
$81.77
5

PTH Sector/Industry Breakdown


PTH
Segment Benchmark
54.86%
33.37%
29.07%
10.77%
9.58%
17.10%
3.32%
--
3.18%
38.76%

PTH Countries


PTH
Segment Benchmark
100.00%
100.00%

PTH Regions


PTH
Segment Benchmark
100.00%
100.00%

PTH Economic Development


PTH
Segment Benchmark
100.00%
100.00%

PTH Performance Statistics

0.77
1.45
1.57
1.33
1.14%
Thomson Reuters US Healthcare

PTH MSCI ESG Ratings

BBB
4.52 / 10
50.66
29.08
--
12.82%
27.03

PTH Benchmark Comparison Holdings

45
324
42
14.09%

PTH Benchmark Comparison Summary


PTH
Segment Benchmark
45
324
$16.17B
$116.34B
-137.22
34.15
9.02
4.22
0.10%
1.53%
Medium
Medium

PTH Benchmark Comparison Market Cap Size


PTH
Segment Benchmark
29.93%
85.65%
39.88%
10.14%
30.19%
3.78%
0.00%
0.43%