PowerShares ETFs

DWAQ - PowerShares DWA NASDAQ Momentum Portfolio

Equity - US Equity

Product Details

The PowerShares DWA NASDAQ Momentum Portfolio (Fund) is based on the Dorsey Wright® NASDAQ Technical Leaders Index (DWA NASDAQ Technical Leaders Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is chosen from a universe of approximately 1,000 common stocks having the largest market capitalizations from the NASDAQ US Benchmark Index. All securities in the universe are ranked using a proprietary relative strength (momentum) measure. Each security's score is based on intermediate and long-term price movements relative to a representative market benchmark and the other eligible securities. The top 100 securities are selected for the Index. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 03/31/2015 03/31/2015

Performance


   
as of 03/31/2015 03/31/2015
  YTD 1 Year 3 Year 5 Year 10 Year Fund Inception
Index History (%)
Dorsey Wright NASDAQ Technical Leaders Index 7.37 11.33 19.00 N/A N/A N/A
NASDAQ Composite Index 3.48 16.72 16.60 15.37 9.38 10.62
Fund History (%)
Fund NAV 7.23 10.64 14.94 12.49 5.92 8.88
After Tax Held 7.23 10.64 14.81 12.41 5.87 8.83
After Tax Sold 4.09 6.02 11.74 10.01 4.76 7.38
Fund Market Price 7.42 10.85 15.00 12.54 5.97 8.89

Monthly Performance

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.


as of 03/31/2015

Growth of $10,000

Data beginning 10 years prior to the ending date of 03/31/2015. Fund performance shown at NAV.

Dorsey Wright NASDAQ Technical Leaders Index* performance prior to Feb. 19, 2014 reflects that of the original Underlying Index Dynamic OTC Intellidex Index. From Feb. 19, 2014, forward, the Index performance reflects that of the Underlying Index Dorsey Wright NASDAQ Technical Leaders Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 07/06/2015

Sector Allocation

as of 07/02/2015

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend 2.88%
Large-Cap Growth 22.70%
Mid-Cap Value -
Mid-Cap Blend 8.45%
Mid-Cap Growth 23.50%
Small-Cap Value 1.12%
Small-Cap Blend 4.93%
Small-Cap Growth 36.41%

as of 07/06/2015 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
JAZZ Jazz Pharmaceuticals PLC 3.06
GILD Gilead Sciences Inc 2.86
AAPL Apple Inc 2.83
STRZA Starz 2.75
HSIC Henry Schein Inc 2.62
REGN Regeneron Pharmaceuticals Inc 2.47
PZZA Papa John's International Inc 2.30
BOFI BofI Holding Inc 2.01
CACC Credit Acceptance Corp 1.95
CERN Cerner Corp 1.90

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/19/2015 06/23/2015 06/30/2015 0.05519 0.05519 - - -
03/20/2015 03/24/2015 03/31/2015 - - - - -
12/20/2013 12/24/2013 12/31/2013 0.08196 0.08196 - - -
09/20/2013 09/24/2013 09/30/2013 0.08801 0.08801 - - -
06/21/2013 06/25/2013 06/28/2013 0.09746 0.09746 - - -
03/15/2013 03/19/2013 03/28/2013 0.00000 0.00000 - - -
12/21/2012 12/26/2012 12/31/2012 0.63338 0.63338 - - -
09/21/2012 09/25/2012 09/28/2012 0.06956 0.06956 - - -
06/15/2012 06/19/2012 06/29/2012 0.10296 0.10296 - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - -
12/16/2011 12/20/2011 12/30/2011 0.03533 0.03533 - - -
12/17/2010 12/21/2010 12/31/2010 0.09807 0.09807 - - -
09/17/2010 09/21/2010 09/30/2010 0.01329 0.01329 - - -
09/18/2009 09/22/2009 09/30/2009 0.00384 0.00384 - - -
06/19/2009 06/23/2009 06/30/2009 0.04762 0.04762 - - -
12/21/2007 12/26/2007 12/31/2007 0.05711 0.05711 - - -
09/16/2005 09/20/2005 09/30/2005 0.05663 0.05663 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.50-
0.99%
1.00-
1.99%
>2.00% 0.50-
0.99%
1.00-
1.99%
>2.00%
03/31/2015 61 1 0 0 0 0 0
12/31/2014 64 0 0 0 0 0 0
09/30/2014 64 0 0 0 0 0 0
06/30/2014 63 0 0 0 0 0 0
Year Ended 2014 252 0 0 0 0 0 0

Fund Inception: 05/01/2003

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

The momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole, or that the returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The NASDAQ Composite Index measures all NASDAQ domestic and international-based common stocks listed on The Nasdaq Stock Market. The Dynamic OTC Intellidex Index seeks to identify and select companies from The NASDAQ Stock Market LLC with superior risk-return profiles. The NASDAQ US Benchmark Index is a float-adjusted market-cap-weighted index designed to track the performance of securities to the United States.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

There is no relationship between Dorsey, Wright & Associates, LLC ("Dorsey Wright") and Invesco PowerShares ("PowerShares") other than a license by Dorsey Wright to PowerShares of certain Dorsey Wright trademarks, tradenames, investment models, and indexes (the "DWA IP"). DWA IP has been created and developed by Dorsey Wright without regard to and independently of PowerShares, an/or any prospective investor. The licensing of any DWA IP is not an offer to purchase or sell, or a solicitation of an offer to buy any securities. A determination that any portion of an investor's portfolio should be devoted to any ETF product developed by PowerShares or investment model developed by Dorsey Wright is a determination made solely by the investment advisor serving the investor or the investor himself, not Dorsey Wright.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 07/07/2015
3:42 PM EST

DWAQ
Intraday Stats

  • Last Trade $79.93
  • Current IIV $72.17
  • Change -$0.07
  • % Change -0.09%
as of 07/06/2015
  • NAV at market close $80.07
as of 07/06/2015

Fund Yield

  • SEC 30 Day Yield -0.17%
  • Distribution Yield 0.28%
  • 12 Month Yield 0.07%
  • 30-Day SEC Unsubsidized Yield
    as of 07/06/2015
    -0.43%
as of 07/06/2015

Prior Close

  • Closing Price $80.00
  • Bid/Ask Midpoint $80.26
  • Bid/Ask Prem/Disc $0.19
  • Bid/Ask Prem/Disc 0.24%
as of 03/31/2015

Fund Characteristics

  • Price/Earnings Ratio1 30.27
  • Price/Book Ratio1 5.48
  • ROE2 25.89%
  • Avg Market Cap2 $33,762MM

1 Weighted Harmonic Average

2 Weighted Average

Fund Details

  • Fund Ticker DWAQ
  • CUSIP # 73935X203
  • ISIN US73935X2036
  • Intraday NAV DWAQIV
  • Index Ticker DWANQTLT
  • Index Provider Dorsey Wright & Associates, LLC
  • Management Fee 0.50%
  • Total Expense Ratio 0.92%
  • Fee Waiver 0.32%
  • Net Expense Ratio 0.60%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NYSE Arca
  • Inception Date 05/01/2003
  • # of Holdings 100
    as of 07/06/2015
as of 07/07/2015

Quick Facts

  • Previous Close $80.00
  • Open $78.68
  • Today's High $80.02
  • Today's Low $78.35
  • Today's Volume 5,863
  • 52 Week High $82.70
  • 52 Week Low $60.58
  • Shares Outstanding .45MM
  • Market Value $36.0MM