Invesco DWA Momentum ETF chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization N/A
Operating cash flow N/A
ESG Scores unknown

Company description

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to Invesco DWA Momentum ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Invesco DWA Momentum ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Invesco DWA Momentum ETF

Here is the result of two systematic investment strategies applied to Invesco DWA Momentum ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Invesco DWA Momentum ETF

The following chart shows the equity curve of the two systematic investment strategies applied to Invesco DWA Momentum ETF:

Invesco DWA Momentum ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 42.03% on the backtest period.

Performance at glance

Performance

42.03 %

Latent gain

947.28 $

Invested capital

2253.82 $

Annualized return

10.15 %
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Momentum strategy results on Invesco DWA Momentum ETF

This is the result of two momentum investment strategies applied to Invesco DWA Momentum ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Invesco DWA Momentum ETF

The following chart shows all the entries opened by the momentum investment system on Invesco DWA Momentum ETF:

Invesco DWA Momentum ETF momentum entries
  • The first momentum investment strategy would give 44.0% of return on Invesco DWA Momentum ETF. That represents 2416.39$ of latent gain with 5492.21$ of employed capital.
  • The second momentum investment strategy would give 48.75% of return on Invesco DWA Momentum ETF. That represents 1326.84$ of latent gain with 2721.61$ of employed capital.
Performance at glance (1Q Momentum)

Performance

44.0 %

Latent gain

2416.39 $

Invested capital

5492.21 $

Annualized return

12.77 %
Performance at glance (2Q Momentum)

Performance

48.75 %

Latent gain

1326.84 $

Invested capital

2721.61 $

Annualized return

13.32 %

Momentum equity curve on Invesco DWA Momentum ETF

The following chart shows the equity curve of the two momentum strategies applied to Invesco DWA Momentum ETF:

Invesco DWA Momentum ETF momentum equity

Note: the dividends potentially given by Invesco DWA Momentum ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Invesco DWA Momentum ETF

The following chart shows the employed capital evolution of the two momentum strategies on Invesco DWA Momentum ETF since the beginning:

Invesco DWA Momentum ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Invesco DWA Momentum ETF

Buy the dip entry openings on Invesco DWA Momentum ETF

Invesco DWA Momentum ETF

The performance achieved by the robo-advisor on Invesco DWA Momentum ETF is 27.33%. That represents 343.57$ of latent gain with 1256.98$ of employed capital. The following chart shows Invesco DWA Momentum ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Invesco DWA Momentum ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

27.33 %

Latent gain

343.57 $

Invested capital

1256.98 $

Annualized return

12.77 %

Equity curve of the strategy applied to Invesco DWA Momentum ETF

The following chart shows the result of the investment strategy applied to Invesco DWA Momentum ETF:

Invesco DWA Momentum ETF

Note: the dividends potentially given by Invesco DWA Momentum ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Invesco DWA Momentum ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on Invesco DWA Momentum ETF:

Invesco DWA Momentum ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Invesco DWA Momentum ETF

In this section, I will compare the three previous investment strategies applied to Invesco DWA Momentum ETF.

Equity curve comparison on Invesco DWA Momentum ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Invesco DWA Momentum ETF investment strategy comparison

Employed capital comparison on Invesco DWA Momentum ETF

Invesco DWA Momentum ETF investment comparison

Performance comparison on Invesco DWA Momentum ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 42.03% 947.28$ 2253.82$ 10.15%
Momentum 1 quarter 44.0% 2416.39$ 5492.21$ 11.28%
Momentum 2 quarters 48.75% 1326.84$ 2721.61$ 13.32%
Non-directional 27.33% 343.57$ 1256.98$ 12.77%
Annualized return comparison

Automatic investment

10.15 %

Momentum 1Q

13.32 %

Momentum 2Q

13.32 %

Non-directional

12.77 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Invesco DWA Momentum ETF:

Positive correlations

Most correlated stocks this year

  • Invesco DWA Momentum ETF

  • Most correlated stocks last 3 months

  • AIRBOSS AMERICA J
  • Albemarle Corp
  • CVS Health Corp
  • El Pollo Loco Holdings Inc
  • Fox Factory Holding Corp
  • LITHIUM AMERICAS CORP
  • First Trust Consumer Staples AlphaDEX Fund
  • Lithium Americas Corp
  • VanEck Rare Earth/Strategic Metals ETF
  • U.S. Global Investors Inc - Class A
  • Invesco DWA Consumer Staples Momentum ETF
  • Icahn Enterprises L P
  • Acadia Healthcare Company Inc
  • First Trust Germany AlphaDEX Fund
  • Amplify Lithium & Battery Technology ETF
  • SMITHS GROUP PLC ORD 37.5P
  • First Trust BICK Index Fund
  • Ceva Inc
  • FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ET
  • iShare Inc iShares ESG Aware MSCI EM ETF
  • News Corp - Class A
  • News Corp - Class B
  • SOLID STATE PLC ORD 5P
  • Darling Ingredients Inc
  • Invesco S&P MidCap 400 Pure Growth ETF
  • Expeditors International Of Washington Inc
  • First Trust Indxx NextG ETF
  • BorgWarner Inc
  • Saia Inc
  • PennantPark Floating Rate Capital Ltd
  • Invesco DWA SmallCap Momentum ETF
  • Fortune Brands Home & Security Inc
  • First Trust Capital Strength ETF
  • FIRST TRUST NASDAQ ARTIFICIAL INTELLIGENCE AND ROB
  • Janus Henderson Small/Mid Cap Growth Alpha ETF
  • Janus Henderson Small Cap Growth Alpha ETF
  • Global X Funds Global X Internet of Things ETF
  • Vanguard Russell 2000 Growth Index ETF
  • MSC Industrial Direct Co. Inc - Class A
  • Invesco DB G10 Currency Harvest Fund
  • TriplePoint Venture Growth BDC Corp
  • Cintas Corporation
  • PGT Innovations Inc
  • Qwest Corporation
  • iShares Core MSCI Total International Stock ETF
  • Vanguard Total International Stock ETF
  • Global X Autonomous & Electric Vehicles ETF
  • Global X Funds Global X Robotics & Artificial Inte
  • First Trust Nasdaq Semiconductor ETF
  • Skyworks Solutions Inc
  • Siren Nasdaq NexGen Economy ETF
  • iShares MSCI Global Sustainable Development Goals
  • Equifax Inc
  • Syneos Health Inc - Class A
  • iShares MSCI Netherlands ETF
  • Quaker Houghton
  • iShares MSCI ACWI ETF
  • iShares Semiconductor ETF
  • Direxion Daily Semiconductor Bull 3X Shares
  • ETCT ROBO Global Robotics and Automation Index ETF
  • Gabelli Healthcare & WellnessRx Trust
  • VanEck Semiconductor ETF
  • First Trust Multi Cap Growth AlphaDEX Fund
  • Archrock Inc
  • Royce Global Value Trust Inc
  • Davis Select Worldwide ETF
  • ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF
  • Chipotle Mexican Grill
  • Fidelity MSCI Communication Services Index ETF
  • Invesco DWA Developed Markets Momentum ETF
  • First Trust Nasdaq Food & Beverage ETF
  • United Micro Electronics
  • Chemours Company
  • Axalta Coating Systems Ltd
  • Molina Healthcare Inc
  • AEM
  • Ameresco Inc - Class A
  • Visa Inc - Class A
  • Surface Oncology Inc
  • Global X MSCI Argentina ETF
  • Broadridge Financial Solutions Inc
  • WISDOMTREE EMERGING MARKETS MULTIFACTOR FUND N/A
  • WISDOMTREE EMERGING MARKETS QUALITY DIVIDEND GROWT
  • SPDR Portfolio Emerging Markets ETF
  • PROSHARES ULTRA MSCI EMERGING MARKETS
  • Invesco DWA Emerging Markets Momentum ETF
  • WisdomTree Emerging Markets SmallCap Dividend Fund
  • iShares MSCI Emerging Markets ETF
  • Waste Connections Inc
  • iShares MSCI Emerging Markets Small-Cap ETF
  • American Superconductor Corp
  • CIENA Corp
  • First Trust Nasdaq Clean Edge Green Energy Index F
  • Impact Shares Sustainable Development Goals Global
  • VanEck Low Carbon Energy ETF
  • TD Synnex Corp
  • SPDR SSGA Gender Diversity Index ETF
  • First Trust Mid Cap Growth AlphaDEX Fund
  • Invesco Solar ETF
  • iShares Global Clean Energy ETF
  • Heska Corp (Restricted Voting)
  • Fidelity MSCI Health Care Index ETF
  • First Trust Health Care AlphaDEX Fund
  • iShares Exponential Technologies ETF
  • Home Depot Inc
  • First Trust Nasdaq-100 Ex-Technology Sector Index
  • Principal U.S. Mega-Cap ETF
  • Invesco S&P 500 Pure Growth ETF
  • Invesco DWA Momentum ETF
  • Fidelity Momentum Factor ETF
  • Global X Millennial Consumer ETF
  • VanEck Retail ETF
  • iShares Core S&P U.S.Growth ETF
  • Medpace Holdings Inc
  • First Trust NASDAQ Cybersecurity ETF
  • ClearBridge All Cap Growth ESG ETF
  • Global X S&P 500 Catholic Values ETF
  • First Trust Dorsey Wright Focus 5 ETF
  • ClearBridge Large Cap Growth ESG ETF
  • First Trust NASDAQ-100 Equal Weighted Index Fund
  • First Trust NASDAQ-100 Technology Sector Index Fun
  • iShares Trust iShares ESG Aware MSCI USA ETF
  • Vanguard Russell 1000 Index ETF
  • Schwab 1000 Index ETF
  • Schwab U.S. Large-Cap ETF
  • MSCI USA ESG Select ETF
  • Fidelity MSCI Consumer Discretionary Index ETF
  • iShares Global Consumer Discretionary ETF
  • Invesco S&P 500 Equal Weight Technology ETF
  • Thermo Fisher Scientific Inc
  • Ultra Clean Hldgs Inc
  • iShares MSCI New Zealand ETF
  • ERShares Entrepreneurs ETF
  • Accenture plc - Class A
  • WisdomTree Global ex-U.S. Quality Dividend Growth
  • Mastercard Incorporated - Class A

  • Note: The algorithm computes the probability of correlation between Invesco DWA Momentum ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of Invesco DWA Momentum ETF does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Invesco DWA Momentum ETF
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange XNAS
    Ticker PDP
    Market www.nasdaq.com

    Invesco DWA Momentum ETF ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown