Exchange-Traded Funds

DWTR - Invesco DWA Tactical Sector Rotation ETF

Equity - US Equity

Product Details

The Invesco DWA Tactical Sector Rotation ETF (the "Fund") is based on the Dorsey Wright® Sector 4 Index (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index. The Fund is a "fund of funds," meaning that it invests its assets in the shares of other, underlying exchange-traded funds eligible for inclusion in the Index, rather than in securities of individual companies. The Index is designed to gain exposure to the strongest relative strength sectors in the US through the universe of nine Invesco DWA sector Momentum ETFs. The Fund and the Index are evaluated monthly for potential rebalance and reconstitution.

as of 08/31/2018 06/30/2018

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Dorsey Wright Sector 4 Index 5.04 18.59 N/A N/A N/A 6.75
Russell 3000 Index 3.22 14.78 11.58 13.29 10.23 13.88
Dorsey Wright Sector 4 Index 13.66 23.47 N/A N/A N/A 9.28
Russell 3000 Index 10.39 20.25 15.86 14.25 10.89 15.69
Fund History (%)
Fund NAV 4.99 18.46 N/A N/A N/A 6.59
After Tax Held 4.99 18.32 N/A N/A N/A 6.43
After Tax Sold 2.95 11.02 N/A N/A N/A 5.06
Fund Market Price 4.82 17.85 N/A N/A N/A 6.42
Fund NAV 13.58 23.03 N/A N/A N/A 9.13
After Tax Held 13.58 22.88 N/A N/A N/A 8.97
After Tax Sold 8.04 13.72 N/A N/A N/A 7.06
Fund Market Price 14.01 23.38 N/A N/A N/A 9.16

Underlying Index returns shown are total return.

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 applicable 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 06/30/2018

Growth of $10,000

Data beginning Fund inception and ending 06/30/2018. Fund performance shown at NAV.

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 09/17/2018

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend 11.35%
Large-Cap Growth 25.58%
Mid-Cap Value 1.06%
Mid-Cap Blend 3.90%
Mid-Cap Growth 37.27%
Small-Cap Value 2.28%
Small-Cap Blend 6.03%
Small-Cap Growth 12.52%

as of 09/18/2018 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PRN Invesco DWA Industrials Momentum ETF 30.29
PTF Invesco DWA Technology Momentum ETF 27.87
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 22.68
PTH Invesco DWA Healthcare Momentum ETF 19.16

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/18/2017 12/19/2017 12/29/2017 0.07631 0.07631 - - -
09/18/2017 09/19/2017 09/29/2017 0.06427 0.06427 - - -
06/16/2017 06/20/2017 06/30/2017 - - - - -
12/16/2016 12/20/2016 12/30/2016 0.10736 0.10736 - - -
09/16/2016 09/20/2016 09/30/2016 0.05831 0.05831 - - -
06/17/2016 06/21/2016 06/30/2016 0.04521 0.04521 - - -
03/18/2016 03/22/2016 03/31/2016 - - - - -
12/18/2015 12/22/2015 12/31/2015 0.08559 0.08559 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2018 64 27 3 1 0 0 0
03/31/2018 61 22 3 1 1 1 0
12/31/2017 63 20 3 0 0 0 0
09/30/2017 63 16 2 0 0 0 0
Year Ended 2017 251 67 10 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2018 64 19 10 3 1 0 0
03/31/2018 61 20 9 3 0 1 0
12/31/2017 63 34 6 0 0 0 0
09/30/2017 63 41 4 0 0 0 0
Year Ended 2017 251 148 21 4 1 0 0

Fund Inception: 10/09/2015

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 including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The fund is subject to certain other risks. Please see the prospectus for more information regarding the risks associated with an investment in the fund.

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

Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.

An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.

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.

Obligations issued by US Government agencies and instrumentalities may receive varying levels of support from the government, which could affect the fund's ability to recover should they default. Fixed-income investments are subject to credit risk of the issuer and the effects of changing interest rates. Due to anticipated Federal Reserve Board policy changes, there is a risk that interest rates will rise in the near future.

The Fund invests primarily in other funds, the Fund's investment performance largely depends on the investment performance of those Underlying Funds. An investment in the Fund is subject to the risks associated with the Invesco ETFs that comprise the Underlying Index.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The Russell 3000® Index is an unmanaged index considered representative of US growth stocks. The Russell 3000® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

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 other than a license by Dorsey Wright to Invesco 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 Invesco, and/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 Invesco 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.

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

as of 09/19/2018
3:24 PM EST

DWTR
Intraday Stats

  • Last Trade $31.32
  • Current IIV $31.34
  • Change -$0.50
  • % Change -1.58%
as of 09/18/2018
  • NAV at market close $31.72

as of 09/18/2018

Fund Yield

  • SEC 30 Day Yield 0.25%
  • 12 Month Distribution Rate 0.24%
  • 30-Day SEC Unsubsidized Yield
    as of 09/18/2018
    0.25%
as of 09/18/2018

Prior Close

  • Closing Price $31.82
  • Bid/Ask Midpoint $31.75
  • Bid/Ask Prem/Disc $0.03
  • Bid/Ask Prem/Disc 0.09%

Fund Details

  • Fund Ticker DWTR
  • CUSIP # 46138E826
  • ISIN US46138E8268
  • Intraday NAV DWTRIV
  • Index Ticker DWASEC4T
  • Index Provider Dorsey Wright & Associates
  • Management Fee 0.15%
  • Acquired Fund Fees & Expenses 0.60%
  • Total Expense Ratio 0.75%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 10/09/2015
  • # of Holdings 4
    as of 09/18/2018
as of 09/19/2018

Quick Facts

  • Previous Close $31.82
  • Open $31.65
  • Today's High $31.70
  • Today's Low $31.26
  • Today's Volume 7,327
  • 9,963 30-Day Avg Trading
    Volume
  • 52 Week High $32.23
  • 52 Week Low $26.24
  • Shares Outstanding 2.80MM
  • Market Value $88.8MM