PTF - ETF AI Analysis
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Invesco DWA Technology Momentum ETF (PTF)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the year, with especially strong results in the last three months.
Momentum in Key Tech Holdings
Several major technology holdings, including Western Digital, Micron, Intel, Lam Research, and others, have delivered strong year-to-date performance that supports the fund’s momentum strategy.
Focused Technology Exposure
The fund is heavily tilted toward the technology sector, which can benefit investors who want targeted exposure to a growth-oriented part of the market.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into long-term returns compared with lower-cost alternatives.
Concentrated Sector Risk
With the vast majority of assets in technology and related sectors, the fund is vulnerable to downturns in tech stocks.
Limited Geographic Diversification
Almost all holdings are in U.S. companies, offering little protection if the U.S. market or economy weakens.
PTF vs. SPDR S&P 500 ETF (SPY)
AUM427.19M
RegionNorth America
Expense Ratio0.60%
Beta1.78
IssuerInvesco
Inception DateOct 12, 2006
Dividend Yield0.17%
Asset ClassEquity
Index TrackedDorsey Wright Technology Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume66,360
30 Day Avg. Volume44,997
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
111.52Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering34
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PTF Summary
The Invesco DWA Technology Momentum ETF (PTF) is a fund that follows the Dorsey Wright Technology Tech Leaders index, focusing on U.S. technology companies showing strong recent performance. It mainly holds tech stocks, with some communication and industrial names, and includes well-known companies like Nvidia and Apple. Investors might consider PTF if they want growth potential from leading and fast-moving tech businesses, rather than owning individual stocks. However, this ETF is heavily concentrated in technology and momentum stocks, so its price can swing sharply and may fall quickly if tech stocks or market sentiment turn negative.
How much will it cost me?The Invesco DWA Technology Momentum ETF (PTF) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on selecting technology companies with strong momentum characteristics.
What would affect this ETF?The Invesco DWA Technology Momentum ETF could benefit from continued advancements in the tech sector, such as growth in artificial intelligence and semiconductor innovation, which align with its top holdings like Nvidia and Broadcom. However, rising interest rates or regulatory changes targeting technology companies could negatively impact growth prospects, especially for smaller, momentum-driven firms. Additionally, the ETF's heavy focus on U.S.-based tech companies makes it sensitive to domestic economic conditions and policy shifts.
PTF Top 10 Holdings
PTF is leaning hard into U.S. tech hardware and semis, with names like Lumentum, Ciena, Western Digital, Micron, and Seagate doing most of the heavy lifting as their shares have been steadily rising on AI and data-center demand. Coherent and KLA add to this chip-and-infrastructure tilt, keeping the fund tightly wired to the semiconductor cycle. On the flip side, Nvidia and Apple have been losing a bit of steam lately, turning from former engines into mild brakes, but the overall momentum still skews positive and firmly U.S.-centric.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lumentum Holdings | 6.31% | $26.07M | $55.14B | 1377.76% | 61 Neutral | |
| Ciena | 5.54% | $22.91M | $61.40B | 686.42% | 70 Outperform | |
| Nvidia | 4.83% | $19.96M | $4.32T | 81.93% | 76 Outperform | |
| Western Digital | 4.72% | $19.50M | $103.12B | 876.09% | 77 Outperform | |
| Apple | 4.57% | $18.87M | $3.80T | 42.65% | 79 Outperform | |
| KLA | 4.16% | $17.20M | $201.87B | 154.72% | 77 Outperform | |
| Coherent Corp | 4.00% | $16.52M | $47.47B | 379.31% | 66 Neutral | |
| Viavi Solutions | 3.94% | $16.28M | $8.30B | 262.69% | 71 Outperform | |
| Corning | 3.82% | $15.78M | $125.69B | 269.86% | 74 Outperform | |
| Seagate Tech | 3.74% | $15.46M | $98.85B | 560.21% | 68 Neutral |
PTF Technical Analysis
Positive
―
Price Trends
89.06
Positive
83.74
Positive
77.98
Positive
Market Momentum
0.11
Negative
55.06
Neutral
75.60
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PTF, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 89.21, equal to the 50-day MA of 89.06, and equal to the 200-day MA of 77.98, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 75.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PTF.
PTF Peer Comparison
Comparison Results
Performance Comparison
PTF
Invesco DWA Technology Momentum ETF
92.29
37.52
68.50%
IETC
iShares Evolved US Technology ETF
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―
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GTOP
Goldman Sachs Technology Opportunities ETF
―
―
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PSCT
Invesco S&P SmallCap Information Technology ETF
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―
―
TDV
ProShares S&P Technology Dividend Aristocrats ETF
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IDGT
iShares U.S. Digital Infrastructure and Real Estate 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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