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PDP - ETF AI Analysis
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Invesco DWA Momentum ETF (PDP)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top positions, such as Rocket Lab USA and Robinhood, have delivered strong year-to-date performance, boosting the ETF's returns.
Sector Diversification
The ETF spreads its investments across multiple sectors, including Industrials, Technology, and Financials, reducing reliance on any single industry.
Healthy Performance Momentum
The fund has shown steady gains over the year-to-date, three-month, and one-month periods, indicating consistent upward momentum.
Negative Factors
High Geographic Concentration
The ETF is heavily concentrated in U.S. companies, with minimal exposure to international markets, limiting global diversification.
Moderate Expense Ratio
The fund's expense ratio is higher than many low-cost ETFs, which could slightly reduce net returns for investors over time.
Underweight Defensive Sectors
The ETF has minimal exposure to traditionally stable sectors like Consumer Defensive and Utilities, which may increase vulnerability during market downturns.
PDP vs. SPDR S&P 500 ETF (SPY)
AUM1.32B
RegionNorth America
Expense Ratio0.62%
Beta1.22
IssuerInvesco
Inception DateMar 01, 2007
Dividend Yield0.28%
Asset ClassEquity
Index TrackedDorsey Wright Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,608
30 Day Avg. Volume18,429
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
130.50Price 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 an investment fund that focuses on U.S. companies showing strong upward price trends, following the Dorsey Wright Technical Leaders Index. It includes a mix of industries like technology, healthcare, and financials, with top holdings such as Broadcom and Mastercard. Investors might consider PDP for its growth potential, as it targets companies with momentum that could continue performing well. However, it’s important to know that this ETF is heavily influenced by market trends, meaning its value can rise or fall quickly depending on overall market conditions.
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
The Invesco DWA Momentum ETF (PDP) leans heavily into industrials and technology, with names like Rocket Lab and AppLovin driving recent gains thanks to their strong growth narratives and bullish momentum. Comfort Systems has also been a steady performer, benefiting from robust revenue growth. However, Broadcom and Cadence Design have shown mixed signals, with valuation concerns and geopolitical risks weighing on their outlook. Mastercard’s recent lagging performance adds a touch of caution to the fund’s financial sector exposure. Overall, PDP’s U.S.-focused portfolio thrives on momentum but faces challenges in maintaining consistent upward trends.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 2.81% | $37.81M | $3.83T | 9.37% | 79 Outperform | |
| Broadcom | 2.77% | $37.22M | $1.58T | 48.22% | 76 Outperform | |
| Amphenol | 2.72% | $36.53M | $166.78B | 94.09% | 78 Outperform | |
| Comfort Systems | 2.71% | $36.37M | $34.27B | 120.77% | 80 Outperform | |
| AppLovin | 2.56% | $34.37M | $208.36B | 93.58% | 74 Outperform | |
| Carvana Co | 2.25% | $30.18M | $96.28B | 129.24% | 66 Neutral | |
| Medpace Holdings | 2.06% | $27.61M | $16.90B | 71.01% | 79 Outperform | |
| KLA | 1.97% | $26.49M | $174.04B | 93.92% | 77 Outperform | |
| Howmet Aerospace | 1.90% | $25.54M | $84.44B | 86.45% | 67 Neutral | |
| Carpenter Technology | 1.82% | $24.48M | $16.00B | 72.76% | 75 Outperform |
PDP Technical Analysis
Positive
―
Price Trends
117.43
Positive
116.67
Positive
110.80
Positive
Market Momentum
0.89
Negative
52.69
Neutral
78.95
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 118.61, equal to the 50-day MA of 117.43, and equal to the 200-day MA of 110.80, indicating a bullish trend. The MACD of 0.89 indicates Negative momentum. The RSI at 52.69 is Neutral, neither overbought nor oversold. The STOCH value of 78.95 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
119.45
12.70
11.90%
AKRE
Akre Focus ETF
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―
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ONEQ
Fidelity Nasdaq Composite Index ETF
―
―
―
CGUS
Capital Group Core Equity ETF
―
―
―
BBUS
JP Morgan Betabuilders U.S. Equity ETF
―
―
―
DSI
iShares MSCI KLD 400 Social ETF
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―
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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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