IWM - DWAS: High-Risk/High-Reward Small-Cap ETF

2024-06-03 10:10:04 ET

Summary

• Invesco Dorsey Wright SmallCap Momentum ETF holds 199 small caps selected and weighted based on a proprietary momentum score.
• The DWAS ETF is overweight in industrials and healthcare, but well-diversified across holdings.
• Based on quality metrics and price history, DWAS has a high-risk/high-reward profile.
• DWAS has outperformed the Russell 2000 index and small-cap growth ETFs, but it has lagged another small-cap momentum ETF by the same issuer.

DWAS strategy

Invesco Dorsey Wright SmallCap Momentum ETF ( DWAS ) started investing operations on 07/19/2012 and tracks the Dorsey Wright® SmallCap Technical Leaders Index. It has 199 holdings, a 12-month distribution yield of 1.34% and an expense ratio of 0.60%....

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