Invesco Dorsey Wright Utilities Momentum ETF
$41.45−0.54 (−1.28%)
- Expense ratio
- 0.82%
- Fund size
- $50M
- 1Y return
- −6.1%
- Yield · Last 12 months
- 2.30%
- Holdings
- 35
- Volume · 30D
- 0M sh
- NAV per share
- $42.11
- 52W range
The ETF.net PUI Grade
Score 31 of 100 sits in the D 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 5Category 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.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 80Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 39Category rank
Our read on PUI
DUtilities are the market's slow lane. PUI adds a momentum screen, ranking utility stocks by relative strength and holding only the roughly 40 that lead, instead of owning the sector wholesale.
The mandate follows a modified market-capitalization-weighted index of utility-sector stocks selected for strong relative-strength characteristics, with the methodology emphasizing momentum.
Why people hold it
- The Dorsey Wright Utilities Technical Leaders Index ranks utility stocks on relative strength, so the portfolio leans toward the sector's current leaders rather than simply its largest names.invesco.com
- About 40 holdings instead of the whole sector, so the names the screen picks actually carry weight in the fund.
- Trading since 2005, one of the longest-running factor-tilted sector ETFs, with a record spanning several interest-rate cycles.
- US utility equities only, with income paid on a quarterly schedule.
Worth knowing
- At 0.81% a year, the fee runs well above the 0.37% utilities cohort median, and plain cap-weighted rivals (XLU, VPU, FUTY) charge under a tenth of a percent.
- Thinly traded and modest in size next to the big sector funds, so spreads and order handling matter more here.
- A momentum screen reshuffles as leadership rotates, so results can sit far from a standard utilities benchmark in either direction.
PUI Holdings
- Stocks
- 35
- 36%
- OKE
Sectors
- Utilities84.0%
- Energy9.7%
- Industrials6.3%
Geography
- United States100.00%
PUI 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 | PUI |
|---|---|
| Year to date | −2.1% |
| 1 month | −4.9% |
| 3 months | −10.5% |
| 1 year | −6.1% |
| 3 years | +12.6% |
| 5 years | +7.3% |
| 10 years | +7.1% |
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 | PUI |
|---|---|---|
| 2026 YTD | −2.1% | |
| 2025 | +15.2% | |
| 2024 | +23.9% | |
| 2023 | −4.5% | |
| 2022 | −2.2% | |
| 2021 | +15.0% | |
| 2020 | −5.0% |
PUI in the news
ETF.net Research hasn’t filed on PUI yet — coverage lands here as it’s written.
PUI Dividends
- 2.30%
- $0.96
- $0.25 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.25 |
| Jun 22, 2026 | Jun 26, 2026 | $0.21 |
| Mar 23, 2026 | Mar 27, 2026 | $0.26 |
| Dec 22, 2025 | Dec 26, 2025 | $0.25 |
| Sep 22, 2025 | Sep 26, 2025 | $0.22 |
| Jun 23, 2025 | Jun 27, 2025 | $0.25 |
| Mar 24, 2025 | Mar 28, 2025 | $0.26 |
| Dec 23, 2024 | Dec 27, 2024 | $0.20 |
| Sep 23, 2024 | Sep 27, 2024 | $0.23 |
| Jun 24, 2024 | Jun 28, 2024 | $0.22 |
| Mar 18, 2024 | Mar 22, 2024 | $0.15 |
| Dec 18, 2023 | Dec 22, 2023 | $0.22 |
PUI Risk
- 14.6%
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.
- 0.67
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.
- −23.5%
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.
- 0.51
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PUI Cost
- The middle half of Utilities (Broad) funds
- Median 0.33%
Every other Utilities (Broad) fund charges less.