Invesco Dwa Financial Etf Profile
| PFI Etf | USD 61.11 0.31 0.50% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Invesco DWA is trading at 61.11 as of the 21st of November 2024. This is a 0.5 percent decrease since the beginning of the trading day. The etf's open price was 61.42. Invesco DWA has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Invesco DWA Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. DWA Financial is traded on NASDAQ Exchange in the United States. More on Invesco DWA Financial
Moving together with Invesco Etf
| 0.97 | XLF | Financial Select Sector | PairCorr |
| 0.98 | VFH | Vanguard Financials Index | PairCorr |
| 0.94 | KRE | SPDR SP Regional | PairCorr |
| 0.95 | KBE | SPDR SP Bank | PairCorr |
| 0.97 | IYF | iShares Financials ETF | PairCorr |
| 0.98 | FNCL | Fidelity MSCI Financials | PairCorr |
Moving against Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Financials ETFs, Financial, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2006-10-12 |
| Benchmark | Dorsey Wright Financials Technical Leaders Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 80.08 Million |
| Average Trading Valume | 8,004.7 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Financials |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 45.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.79 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 37.93 |
| Name | Invesco DWA Financial Momentum ETF |
| Currency Code | USD |
| Open Figi | BBG000Q225V8 |
| In Threey Volatility | 20.9 |
| 1y Volatility | 15.26 |
| 200 Day M A | 51.3759 |
| 50 Day M A | 57.0168 |
| Code | PFI |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
Invesco DWA Financial [PFI] is traded in USA and was established 2006-10-12. The fund is classified under Financial category within Invesco family. The entity is thematically classified as Sector ETFs. Invesco DWA Financial at this time have 58.05 M in assets. , while the total return for the last 3 years was 4.0%.
Check Invesco DWA Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco DWA Financial Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco DWA Financial Etf Constituents
| FITB | Fifth Third Bancorp | Stock | Financials | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| PFG | Principal Financial Group | Stock | Financials | |
| TRUP | Trupanion | Stock | Financials | |
| FRC | FIRST REP BK | Stock | Financials | |
| UNM | Unum Group | Stock | Financials | |
| MS | Morgan Stanley | Stock | Financials | |
| KKR | KKR Co LP | Stock | Financials |
Invesco DWA Financial Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco DWA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1301 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | 0.0674 | |||
| Sortino Ratio | 0.1291 |
Invesco DWA Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco DWA Financial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Invesco DWA Financial is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco DWA's value that differs from its market value or its book value, called intrinsic value, which is Invesco DWA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco DWA's market value can be influenced by many factors that don't directly affect Invesco DWA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DWA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.