Invesco Dorsey Wright Industrials Momentum ETF
$198.61+0.91 (+0.46%)
- 0.69%
- $341M
- +15.2%
- 0.00%
- 0M sh
- $197.97
- low $156.00high $262.73
The ETF.net PRN Grade
F
Score 21 out of 100
- 10 of 10
Score 21 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F6 out of 100Rank 10 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F19 out of 100Rank 10 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 7 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D31 out of 100Rank 10 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 8 of 10
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
- 37
- 42%
- GWW
Sectors
- Industrials73.1%
- Technology17.0%
- Consumer Discretionary3.9%
- Materials3.7%
- Energy2.1%
- Financials0.2%
Geography
- United States93.96%
- Ireland3.82%
- Switzerland2.22%
PRN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PRN$11,519
Returns run to the Oct 12, 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 | +13.2% |
| 1 month | −2.0% |
| 3 months | −14.2% |
| 1 year | +15.2% |
| 3 years | +24.9% |
| 5 years | +14.9% |
| 10 years | +15.7% |
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 | +13.2% | |
| 2025 | +13.7% | |
| 2024 | +30.3% | |
| 2023 | +38.0% | |
| 2022 | −25.1% | |
| 2021 | +25.2% | |
| 2020 | +36.4% |
PRN in the news
PRN Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
PRN Risk
- 27.0%
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.
- 0.81
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
0.69%
PRN0.69%
- The middle half of Industrials (Broad) funds
- Median 0.33%
Every other Industrials (Broad) fund charges less.
Other funds in Industrials (Broad)
- CIYJiShares U.S. Industrials ETFExpense ratio 0.37%1 year return +10.9%
- CPSCIInvesco S&P SmallCap Industrials ETFExpense ratio 0.29%1 year return +13.8%
- CRSPNInvesco S&P 500 Equal Weight Industrials ETFExpense ratio 0.40%1 year return +9.1%
- CTRUIVanEck Industrials TruSector ETFExpense ratio 0.10%1 year return —
- DFXRFirst Trust Industrials/Producer Durables AlphaDEX FundExpense ratio 0.60%1 year return +9.2%