Invesco Dorsey Wright Technology Momentum ETF
$109.57−0.82 (−0.74%)
- 0.69%
- $629M
- +44.7%
- 0.00%
- 0.1M sh
- $112.79
- low $66.48high $139.65
The ETF.net PTF Grade
D
Score 34 out of 100
- 18 of 25
Score 34 of 100 falls in the D 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.F21 out of 100Rank 20 of 25Mission
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.F9 out of 100Rank 25 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 11 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 8 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 14 of 25
Our read on PTF
DMost tech ETFs own the sector by size. PTF ranks it by price trend instead: about 40 US tech names picked for relative strength and refreshed as leadership shifts. Dorsey Wright's chart-based playbook in ETF form, running since 2006.
The fund normally invests at least 90% of its assets in securities comprising its technology-focused momentum index.
Why people hold it
- A genuinely different tech portfolio: holdings come from a price-trend screen, not a market-cap ladder, so the biggest names appear only when their momentum earns the spot.
- Concentrated on purpose: roughly 40 stocks instead of several hundred, so each holding actually moves the needle.
- Live since 2006, so the relative-strength method has been run through several full tech cycles, not just one bull market.
- At least 90% of assets stay in index constituents, so you get the published rulebook rather than a manager's improvisation.
Worth knowing
- The screen carries a price: 0.68% a year, while the sector's largest cap-weighted funds (VGT, XLK, FTEC) charge under a tenth of a percent.
- Momentum rotates, so turnover is baked in, and a 40-stock lineup can swing harder in both directions than a broad cap-weighted tech fund.
- It trades moderately rather than heavily, so bid-ask spreads can run wider than the sector's household-name funds.
PTF Holdings
- Stocks
- 38
- 37%
- MU
Sectors
- Technology93.7%
- Financials4.4%
- Communication1.9%
Geography
- United States100.00%
PTF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PTF$14,472
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 | PTF |
|---|---|
| Year to date | +44.3% |
| 1 month | +8.1% |
| 3 months | −4.6% |
| 1 year | +44.7% |
| 3 years | +35.5% |
| 5 years | +16.9% |
| 10 years | +23.6% |
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 | PTF |
|---|---|---|
| 2026 YTD | +44.3% | |
| 2025 | +5.7% | |
| 2024 | +43.7% | |
| 2023 | +33.7% | |
| 2022 | −31.7% | |
| 2021 | +18.1% | |
| 2020 | +82.0% |
PTF in the news
PTF Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
PTF Risk
- 34.7%
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.
- 0.92
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.
- −44.9%
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.
- 1.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PTF Cost
0.69%
PTF0.69%
- The middle half of Technology (Broad) funds
- Median 0.45%
17 of the 23 Technology (Broad) funds charge less.
Other funds in Technology (Broad)
- CTDVProShares - S&P Technology Dividend Aristocrats ETFExpense ratio 0.45%1 year return +23.2%
- CSPTESP Funds S&P Global Technology ETFExpense ratio 0.55%1 year return +48.1%
- DTTEQT. Rowe Price Technology ETFExpense ratio 0.63%1 year return +37.7%
- DGTEKGoldman Sachs Future Tech Leaders Equity ETFExpense ratio 0.75%1 year return +54.9%
- DQQHHCM Defender 100 Index ETFExpense ratio 0.98%1 year return +19.9%