Invesco Dorsey Wright Industrials Momentum ETF
$200.96+0.50 (+0.25%)
- Expense ratio
- 0.69%
- Fund size
- $363M
- 1Y return
- +16.3%
- Yield · Last 12 months
- 0.00%
- Holdings
- 45
- Volume · 30D
- 0M sh
- NAV per share
- $199.20
- 52W range
The ETF.net PRN Grade
Score 23 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 6Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 20Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 39Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 41Category rank
Our read on PRN
FMost momentum funds scan the whole market. PRN points the same relative-strength screen at a single lane: US industrials, holding roughly 40 names that are already outrunning the field.
The Fund normally invests at least 90% of its total assets in securities comprising the Dorsey Wright Industrials Technical Leaders Index. That index selects at least 30 Nasdaq US Benchmark Index securities exhibiting relative strength, or momentum.
Why people hold it
- A specialist, not a generalist: Dorsey Wright ranks Nasdaq US Benchmark names by relative strength and the fund keeps at least 90% of assets in the industrial leaders that survive the screen.invesco.com
- Live since 2006, so this momentum engine has run through real industrial cycles rather than a backtest.
- Concentrated at roughly 40 stocks, so a leader that keeps leading actually moves the fund instead of getting diluted across hundreds of tickers.
- Lands in the upper half of the systematic US momentum funds we grade, despite carrying a far narrower mandate than most of them.
Worth knowing
- 0.69% a year is sector-strategy pricing: broad momentum rivals like MTUM, SPMO and VFMO charge low-teens basis points for their market-wide versions.
- One sector, about 40 names. When industrials fall out of favor, the portfolio has nowhere else to stand.
- Thinly traded compared with the headline momentum ETFs, so bid-ask spreads deserve a look before an order goes in.
PRN Holdings
- Stocks
- 45
- 37%
- FIX
Sectors
- Industrials72.6%
- Technology21.1%
- Real Estate2.5%
- Consumer Discr.2.5%
- Materials1.2%
- Financials0.2%
Geography
- United States100.00%
PRN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PRN |
|---|---|
| Year to date | +14.8% |
| 1 month | −3.4% |
| 3 months | −23.7% |
| 1 year | +16.3% |
| 3 years | +26.3% |
| 5 years | +15.4% |
| 10 years | +15.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PRN |
|---|---|---|
| 2026 YTD | +14.8% | |
| 2025 | +13.7% | |
| 2024 | +30.3% | |
| 2023 | +38.0% | |
| 2022 | −25.1% | |
| 2021 | +25.2% | |
| 2020 | +36.4% |
PRN in the news
ETF.net Research hasn’t filed on PRN yet — coverage lands here as it’s written.
PRN Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2025 | Sep 26, 2025 | $0.21 |
| Jun 23, 2025 | Jun 27, 2025 | $0.07 |
| Mar 24, 2025 | Mar 28, 2025 | $0.006 |
| Dec 23, 2024 | Dec 27, 2024 | $0.25 |
| Sep 23, 2024 | Sep 27, 2024 | $0.24 |
| Jun 24, 2024 | Jun 28, 2024 | $0.03 |
| Mar 18, 2024 | Mar 22, 2024 | $0.07 |
| Dec 18, 2023 | Dec 22, 2023 | $0.18 |
| Sep 18, 2023 | Sep 22, 2023 | $0.09 |
| Jun 20, 2023 | Jun 23, 2023 | $0.14 |
| Mar 20, 2023 | Mar 24, 2023 | $0.21 |
| Dec 19, 2022 | Dec 23, 2022 | $0.30 |
PRN Risk
- 27.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.72
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.54
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PRN Cost
- The middle half of Industrials (Broad) funds
- Median 0.33%
Every other Industrials (Broad) fund charges less.