PTH
Invesco DWA Healthcare Momentum ETFPTH 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
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 December 17, 2018 the Invesco DWA Healthcare Momentum ETF MSCI ESG Fund Quality Score is 4.28 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 16th percentile within its peer group and in the 13th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
PTH CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
PTH Top 10 Countries
PTH Top 10 Sectors
PTH Top 10 Holdings [View All]
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 Tradability
PTH Sector/Industry Breakdown
PTH
PTH TOP 10 HOLDINGS[View All]
PTH Countries
PTH
PTH Regions
PTH
PTH Economic Development
PTH
PTH Performance Statistics
PTH MSCI ESG Ratings
PTH BENCHMARK COMPARISON SUMMARY
PTH
PTH BENCHMARK COMPARISON MARKET CAP SIZE
PTH
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.