Invesco Dorsey Wright Utilities Momentum ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$31.77
- Net Assets:$0 Million
- NAV:$31.67
- Premium0.32%
- Peer Rank:10 of 20
- Investment Rating:C-
- Performance:C-
- RiskC+
We rate Invesco Dorsey Wright Utilities Mo at C-. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Utilities strategy.
Total return ranks below peers over the last three years. The Invesco Dorsey Wright Utilities Mo has returned an annual rate of 6.78% since inception. More recently, the fund has generated a total return of 1.66% in the last five years, 2.68% in the last three years, and -1.14% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 24% of them. It has also outpaced 49% of its competitors on a three year basis and 13% of them over the last year for the period ending 2/29/2024. On a year to date basis, PUI has returned -0.77%.
Downside risk has been below average. PUI has a draw down risk of -19.87%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 16.9%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As PUI is an exchange traded fund, it has no front end or back end load.
The Invesco Dorsey Wright Utilities 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.