Invesco Dow Jones Industrial Average Dividend ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$46.71
- Net Assets:$0 Million
- NAV:$46.8
- Premium-0.19%
- Peer Rank:237 of 397
- Investment Rating:C+
- Performance:C+
- RiskC+
We rate Invesco Dow Jones Ind Ave Div at C+. Positive factors that influence this rating include a greater than above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking an Equity Income strategy.
Total return ranks above peers over the last three years. The Invesco Dow Jones Ind Ave Div has returned an annual rate of 10.37% since inception. More recently, the fund has generated a total return of 8.41% in the last five years, 7.64% in the last three years, and 12.02% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 65% of them. It has also outpaced 73% of its competitors on a three year basis and 57% of them over the last year for the period ending 2/29/2024. On a year to date basis, DJD has returned 1.71%.
Downside risk has been below average. DJD has a draw down risk of -19.12%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 16.5%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As DJD is an exchange traded fund, it has no front end or back end load.
The Invesco Dow Jones Ind Ave Div 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.