The Invesco, managed by Dorsey, Wright & Associates, LLC (DWAS issuer), follows a disciplined investment strategy, primarily investing in securities that constitute the Underlying Index, which is maintained by Dorsey Wright. The Underlying Index consists of about 200 securities selected from a pool of approximately 2,000 companies ranked 1,001 to 3,000 by market capitalization within the NASDAQ US Benchmark Index™. Dorsey Wright employs a proprietary methodology emphasizing relative strength or momentum characteristics to select securities for the Underlying Index. This involves analyzing the relative strength of each security within the eligible universe and assigning a momentum score based on its intermediate and long-term upward price movements compared to a benchmark index. The Fund aims to replicate the Underlying Index by investing proportionally in all included securities, and as of October 31, 2023, the Underlying Index comprised securities with market capitalizations ranging from $199.2 million to $6.00 billion. While the Fund intends to remain diversified, it may become non-diversified due to changes in market capitalization or index weighting of constituents in the Underlying Index. Despite a concentration in the industrials sector as of August 31, 2023, the Fund adheres to a concentration policy, ensuring it doesn't overly invest in any one industry beyond what is reflected in the Underlying Index.
DWAS Dividend, managed by Dorsey, Wright & Associates, LLC (DWAS issuer), employs a strategic approach to dividend investing, focusing on securities that contribute to the dividend yield factor within the investment universe. This fund aims to provide investors with exposure to dividend-paying companies that exhibit strong relative strength or momentum characteristics. Dorsey Wright utilizes its proprietary methodology to select securities for inclusion in the fund's portfolio, emphasizing companies that not only offer attractive dividend yields but also demonstrate resilient performance compared to the broader market. By investing in dividend-paying securities with robust momentum, DWAS Dividend seeks to generate consistent income for investors while potentially capitalizing on capital appreciation opportunities. Through this disciplined investment strategy, the fund aims to deliver competitive returns over the long term, catering to investors seeking income generation within their investment portfolios.
DWAS Tracking, under the management of Dorsey, Wright & Associates, LLC (DWAS issuer), is designed to closely mirror the performance of the Underlying Index. Employing a full replication methodology, the fund invests in all securities comprising the Underlying Index in proportion to their weightings, ensuring a high level of correlation with the index. The Underlying Index, compiled and maintained by Dorsey Wright, consists of approximately 200 securities selected based on their momentum characteristics within the NASDAQ US Benchmark Index™. DWAS Tracking utilizes Dorsey Wright's proprietary selection methodology, which emphasizes relative strength and momentum, to identify and include securities with the highest momentum scores in its portfolio. By diligently adhering to the composition and weightings of the Underlying Index, DWAS Tracking aims to provide investors with a reliable means of tracking the performance of the broader U.S. equity market, thereby offering a transparent and efficient investment vehicle for those seeking exposure to this segment of the market.
DWAS Correlation, managed by Dorsey, Wright & Associates, LLC (DWAS issuer), aims to achieve a high level of correlation with its benchmark index, the Underlying Index. Employing a systematic approach, the fund invests in a diversified portfolio of securities that closely mirror the composition and weightings of the Underlying Index. Dorsey Wright's proprietary methodology emphasizes relative strength and momentum characteristics in the selection process, ensuring that the fund's holdings align closely with the index constituents exhibiting the strongest performance. By maintaining a portfolio composition that mirrors the index, DWAS Correlation seeks to provide investors with a reliable means of tracking the performance of the broader U.S. equity market. This disciplined investment strategy aims to minimize tracking error and enhance the fund's ability to deliver returns that closely correlate with those of the Underlying Index over time, offering investors transparency and consistency in their investment outcomes.
DWAS Sector, managed by Dorsey, Wright & Associates, LLC (DWAS issuer), focuses on providing exposure to specific sectors within the U.S. equity market. Leveraging Dorsey Wright's expertise and proprietary selection methodology, the fund targets sectors demonstrating robust relative strength and momentum characteristics. By investing in securities within these sectors, DWAS Sector seeks to capitalize on the potential for strong performance while mitigating exposure to sectors exhibiting weaker momentum. The fund's portfolio composition is dynamically adjusted to reflect changing sectoral dynamics and market conditions, ensuring alignment with the strongest-performing sectors within the U.S. equity market. Through this targeted approach, DWAS Sector aims to offer investors an opportunity to participate in the growth potential of select sectors while potentially enhancing portfolio diversification and managing sector-specific risks.
DWAS Exposure, overseen by Dorsey, Wright & Associates, LLC (DWAS issuer), is structured to provide investors with targeted exposure to specific themes or investment factors within the U.S. equity market. Utilizing Dorsey Wright's proprietary methodologies, the fund strategically selects securities that exhibit strong relative strength or momentum characteristics associated with the desired investment theme or factor. Whether it's dividend-paying companies, sectors showing promising growth potential, or other targeted investment factors, DWAS Exposure aims to capture the performance of these themes through a diversified portfolio approach. By dynamically adjusting its holdings to align with evolving market dynamics and investment themes, the fund seeks to offer investors an opportunity to participate in the potential growth opportunities associated with specific investment themes or factors while managing associated risks effectively. Through this focused and disciplined investment strategy, DWAS Exposure aims to provide investors with the potential for enhanced returns and diversification benefits within their investment portfolios.
ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.
Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.
This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.
4 min readCompare the SPMO and DWAS ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies to see how they stack up against each other. Whether you're a seasoned investor or just getting started, our comparison provides valuable insights to guide your investment decisions.
4 min readCompare the MTUM and DWAS ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies to see how they stack up against each other. Whether you're a seasoned investor or just getting started, our comparison provides valuable insights to guide your investment decisions.
4 min readCompare the DWAS and FDMO ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies to see how they stack up against each other. Whether you're a seasoned investor or just getting started, our comparison provides valuable insights to guide your investment decisions.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
