Invesco Dorsey Wright Healthcare Momentum ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$45.36
- Net Assets:$0 Million
- NAV:$46.46
- Premium-2.37%
- Peer Rank:32 of 48
- Investment Rating:D-
- Performance:C
- RiskD+
We rate Invesco Dorsey Wright Healthcare Mo at D-. Negative factors that influence this rating include a high price volatility. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Health/Biotechnology strategy.
Total return ranks well below peers over the last three years. The Invesco Dorsey Wright Healthcare Mo has returned an annual rate of 10.41% since inception. More recently, the fund has generated a total return of 12.22% in the last five years, -2.87% in the last three years, and 18.46% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 85% of them. It has also outpaced 21% of its competitors on a three year basis and 75% of them over the last year for the period ending 2/29/2024. On a year to date basis, PTH has returned 18.80%.
Downside risk has been above average. PTH has a draw down risk of -82.19%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 24.6%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As PTH is an exchange traded fund, it has no front end or back end load.
The Invesco Dorsey Wright Healthcare Mo is managed by Peter Hubbard at Invesco Capital Management LLC. This fund is one of 201 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.