PDP

📎 Investment Objective

The Invesco Dorsey Wright Momentum ETF (PDP) seeks to track the investment results of an index that is designed to provide exposure to stocks exhibiting positive momentum characteristics.

✨ Key Features

• Provides exposure to stocks exhibiting positive momentum characteristics
• Utilizes a proprietary momentum-based index methodology
• Diversified sector exposure, with no single sector representing more than 25% of the portfolio
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities in which the fund invests.
• Momentum investing risk: Momentum investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on momentum investing strategies may be lower than returns on other styles of investing.
• Sector concentration risk: The fund may be susceptible to an increased risk of loss, including losses due to adverse occurrences affecting the fund more than the market as a whole, to the extent that the NASDAQ Momentum Index represents securities of a particular sector.
• Tracking error risk: The fund's return may not match the return of the NASDAQ Momentum Index for a number of reasons.

👤 Best For

The Invesco Dorsey Wright Momentum ETF may be suitable for investors seeking exposure to stocks exhibiting positive momentum characteristics as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be willing to accept the volatility associated with a momentum-based investment strategy.