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PDP - ETF AI Analysis
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Invesco DWA Momentum ETF (PDP)
Rating:73Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Top Holdings Momentum
Several of the largest positions, such as Comfort Systems, KLA, and MACOM Technology, have delivered strong year-to-date gains that support the fund’s overall results.
Sector Diversification Within the U.S.
Holdings spread across technology, industrials, health care, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Heavy U.S. Concentration
With almost all assets in U.S. stocks, the ETF offers very limited geographic diversification and is highly tied to the U.S. market’s fortunes.
Mixed Performance Among Top Holdings
Some major positions like Apple, Broadcom, and AppLovin have shown weak year-to-date performance, which can drag on the fund if this trend continues.
PDP vs. SPDR S&P 500 ETF (SPY)
AUM1.30B
RegionNorth America
Expense Ratio0.62%
Beta1.21
IssuerInvesco
Inception DateMar 01, 2007
Dividend Yield0.27%
Asset ClassEquity
Index TrackedDorsey Wright Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume34,701
30 Day Avg. Volume26,845
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
146.76Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PDP Summary
The Invesco DWA Momentum ETF (PDP) is a U.S.-focused fund that follows the Dorsey Wright Technical Leaders Index, which picks stocks that have been rising strongly in price. It holds a mix of companies across the market, with a big tilt toward technology and industrials. Well-known names in the fund include Apple and Broadcom. Someone might invest in PDP if they want growth potential by riding trends in stocks that have been recent winners. A key risk is that momentum stocks can fall quickly when trends reverse, so the price can move up and down sharply.
How much will it cost me?The Invesco DWA Momentum ETF (PDP) has an expense ratio of 0.62%, meaning you’ll pay $6.20 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on selecting stocks with strong momentum rather than passively tracking a broad market index.
What would affect this ETF?The Invesco DWA Momentum ETF (PDP) could benefit from strong performance in sectors like technology and industrials, which are heavily weighted in the fund, especially if innovation and infrastructure spending continue to grow. However, it may face challenges if economic conditions worsen, as momentum strategies can be sensitive to market volatility, or if rising interest rates negatively impact growth-oriented stocks. Additionally, its focus on U.S. equities means it is exposed to domestic economic and regulatory changes.
PDP Top 10 Holdings
PDP is leaning hard into U.S. industrial and tech momentum, with a pack of high-flyers doing most of the heavy lifting. Comfort Systems and ATI are surging, while Howmet and Quanta Services add more fuel from the aerospace and infrastructure side. On the tech front, MACOM is rising fast, and KLA has been steadily supportive, but Apple and Broadcom look a bit tired lately, with more mixed trends. Overall, the fund is concentrated in U.S.-based industrial and semiconductor strength, with a few big-tech names losing some steam.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 3.61% | $48.48M | $48.67B | 326.28% | 80 Outperform | |
| Apple | 2.76% | $37.03M | $3.83T | 18.11% | 79 Outperform | |
| Broadcom | 2.68% | $35.99M | $1.62T | 80.22% | 76 Outperform | |
| Amphenol | 2.58% | $34.70M | $168.08B | 121.84% | 78 Outperform | |
| ATI | 2.29% | $30.76M | $21.77B | 206.36% | 78 Outperform | |
| Carpenter Technology | 2.17% | $29.17M | $20.03B | 122.85% | 75 Outperform | |
| Howmet Aerospace | 2.15% | $28.93M | $101.80B | 102.32% | 67 Neutral | |
| Quanta Services | 2.07% | $27.84M | $84.39B | 129.26% | 78 Outperform | |
| KLA | 1.99% | $26.77M | $190.45B | 118.74% | 77 Outperform | |
| AppLovin | 1.84% | $24.67M | $161.01B | 85.21% | 74 Outperform |
PDP Technical Analysis
Positive
―
Price Trends
124.45
Positive
120.95
Positive
116.19
Positive
Market Momentum
-0.05
Positive
47.37
Neutral
50.25
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PDP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 126.95, equal to the 50-day MA of 124.45, and equal to the 200-day MA of 116.19, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 47.37 is Neutral, neither overbought nor oversold. The STOCH value of 50.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PDP.
PDP Peer Comparison
Comparison Results
Performance Comparison
PDP
Invesco DWA Momentum ETF
124.62
27.85
28.78%
ONEQ
Fidelity Nasdaq Composite Index ETF
―
―
―
CGUS
Capital Group Core Equity ETF
―
―
―
AKRE
Akre Focus ETF
―
―
―
BBUS
JP Morgan Betabuilders U.S. Equity ETF
―
―
―
DSI
iShares MSCI KLD 400 Social ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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