PRN - ETF AI Analysis
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Invesco DWA Industrials Momentum ETF (PRN)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over recent months, indicating solid momentum.
Momentum in Top Holdings
Most of the largest positions have delivered strong year-to-date returns, helping drive the fund’s overall results.
Focused Industrial and Tech Exposure
The fund concentrates on industrial and technology companies, giving investors targeted exposure to sectors that have been performing well.
Negative Factors
High Sector Concentration
With most assets in industrials and the rest in technology, the ETF is heavily exposed to just two sectors, which can increase risk if these areas weaken.
U.S.-Only Market Exposure
Almost all holdings are in U.S. companies, offering little geographic diversification if the U.S. market faces a downturn.
Above-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are eaten up by fees over time.
PRN vs. SPDR S&P 500 ETF (SPY)
AUM436.06M
RegionNorth America
Expense Ratio0.60%
Beta1.27
IssuerInvesco
Inception DateOct 12, 2006
Dividend Yield0.23%
Asset ClassEquity
Index TrackedDorsey Wright Industrials Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume44,206
30 Day Avg. Volume37,042
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
267.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PRN Summary
PRN is the Invesco DWA Industrials Momentum ETF, which follows the Dorsey Wright Industrials Technical Leaders Index. It mainly holds U.S. industrial and some technology companies that have been doing well recently, aiming to ride their upward trends. Well-known names in the fund include Cummins and Howmet Aerospace. Someone might invest in PRN to seek growth from leading industrial businesses and to get focused exposure to this part of the market. However, because it concentrates on industrial and momentum stocks, its price can swing more and may fall quickly if this sector or style goes out of favor.
How much will it cost me?The Invesco DWA Industrials Momentum ETF (PRN) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed and focuses on a niche strategy targeting industrial companies with strong momentum. Actively managed funds often have higher costs due to the research and selection involved.
What would affect this ETF?The Invesco DWA Industrials Momentum ETF (PRN) could benefit from increased infrastructure spending and technological advancements in the industrial sector, which may drive growth for its top holdings like Rocket Lab USA and Comfort Systems. However, rising interest rates or economic slowdowns could negatively impact industrial companies' profitability and momentum, especially given the ETF's heavy exposure to U.S.-based firms. Regulatory changes or shifts in government policies affecting the industrial sector could also influence the ETF's performance.
PRN Top 10 Holdings
PRN is leaning hard into U.S. industrial momentum, with a noticeable tech twist. TTM Technologies and Vicor are two of the fund’s main engines, both rising on strong results but carrying rich valuations that could make the ride bumpier. Sterling Infrastructure and Argan are also powering ahead, helped by solid backlogs and infrastructure demand. On the steadier side, names like Jabil and Quanta Services are contributing, but not exactly lighting up the scoreboard. Overall, this is a concentrated bet on North American industrial and industrial-tech winners, not a broad-market cruise.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 4.58% | $20.61M | $61.30B | 219.18% | 80 Outperform | |
| Quanta Services | 4.12% | $18.55M | $100.29B | 74.71% | 78 Outperform | |
| Howmet Aerospace | 4.11% | $18.52M | $108.19B | 54.86% | 67 Neutral | |
| Sterling Infrastructure | 4.04% | $18.21M | $21.50B | 215.88% | 71 Outperform | |
| Jabil | 3.53% | $15.89M | $35.76B | 44.72% | 73 Outperform | |
| EMCOR Group | 3.33% | $14.98M | $34.43B | 41.94% | 73 Outperform | |
| Caterpillar | 3.29% | $14.81M | $443.84B | 138.43% | 76 Outperform | |
| TTM Technologies | 3.06% | $13.77M | $16.20B | 250.43% | 77 Outperform | |
| MKS | 2.95% | $13.27M | $24.69B | 260.21% | 75 Outperform | |
| Curtiss-Wright | 2.76% | $12.44M | $28.08B | 59.29% | 74 Outperform |
PRN Technical Analysis
Neutral
―
Price Trends
241.89
Negative
224.53
Positive
202.54
Positive
Market Momentum
-2.75
Positive
42.06
Neutral
17.12
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PRN, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 246.12, equal to the 50-day MA of 241.89, and equal to the 200-day MA of 202.54, indicating a neutral trend. The MACD of -2.75 indicates Positive momentum. The RSI at 42.06 is Neutral, neither overbought nor oversold. The STOCH value of 17.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PRN.
PRN Peer Comparison
Comparison Results
Performance Comparison
PRN
Invesco DWA Industrials Momentum ETF
230.37
74.00
47.32%
MISL
First Trust Indxx Aerospace & Defense ETF
―
―
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FXR
First Trust Industrials/Producer Durables AlphaDEX Fund
―
―
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PKB
Invesco Dynamic Building & Construction ETF
―
―
―
WELD
Tema U.S. Manufacturing & Reshoring ETF
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―
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PSCI
Invesco S&P SmallCap Industrials 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.
DisclaimerThis 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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