PTH ETF ANALYSIS

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PTH ETF FUNDAMENTALS
PTH ETF PERFORMANCE

PTH ISSUER

The PTH issuer, Invesco ETF, adheres to a strict investment strategy, focusing on securities that constitute the Underlying Index, which Dorsey, Wright & Associates, LLC compiles and maintains. This index consists of at least 30 carefully selected securities within the health care sector, chosen for their robust relative strength or momentum characteristics. Utilizing a proprietary methodology, the Index Provider evaluates each security's momentum score based on its performance against a benchmark and other eligible securities. The selected securities, weighted according to their momentum scores, form the Underlying Index, which as of June 30, 2023, comprised 44 constituents with varying market capitalizations. The Fund employs a full replication methodology, investing proportionately in all securities within the Underlying Index to track its performance accurately. While the Fund may concentrate its investments in industries reflecting the index's concentration, such as the health care sector, it does so only in alignment with the index's composition. As of April 30, 2023, the Fund displayed significant exposure to the health care sector, but its portfolio holdings and concentration are subject to change over time in accordance with the index's dynamics.

PTH DIVIDEND

The PTH Dividend, a component of the Invesco ETF lineup, operates within the framework of the broader PTH issuer strategy. This ETF, similar to its parent fund, focuses on investing in securities that constitute the Underlying Index compiled and maintained by Dorsey, Wright & Associates, LLC. Comprising at least 30 carefully selected securities within the health care sector, chosen for their robust relative strength or momentum characteristics, the PTH Dividend seeks to provide investors with exposure to dividend-paying companies within this sector. With an emphasis on securities exhibiting strong momentum scores, the ETF's portfolio construction aims to capture the performance of dividend-yielding stocks in the health care industry. Employing a full replication methodology, the fund mirrors the composition of the Underlying Index, ensuring that investors can access dividends from a diversified range of health care companies while benefiting from the index's momentum-driven selection criteria.

PTH TRACKING

The PTH Tracking ETF, a constituent of Invesco's ETF offerings, operates in tandem with the overarching investment strategy of the PTH issuer. This ETF tracks the performance of the Underlying Index, meticulously compiled and managed by Dorsey, Wright & Associates, LLC. Comprising a minimum of 30 carefully selected securities within the health care sector, chosen for their robust relative strength or momentum characteristics, the PTH Tracking ETF seeks to replicate the index's movements with precision. By employing a comprehensive replication methodology, the fund ensures that investors can capture the performance of the health care sector as delineated by the Underlying Index. This approach offers investors a straightforward means to gain exposure to the sector's momentum-driven opportunities while mitigating tracking error and enhancing transparency. Through its commitment to faithfully mirroring the index's composition and performance, the PTH Tracking ETF provides investors with a reliable vehicle to access the dynamic health care market.

PTH CORRELATION

The PTH Correlation ETF, part of Invesco's ETF suite, operates within the framework of the broader PTH issuer strategy, emphasizing correlation dynamics within the health care sector. This ETF tracks the performance of the Underlying Index, meticulously compiled and managed by Dorsey, Wright & Associates, LLC. Comprising a minimum of 30 carefully selected securities within the health care sector, chosen for their robust relative strength or momentum characteristics, the PTH Correlation ETF seeks to replicate not only the returns but also the correlation patterns of the index constituents. By employing sophisticated correlation analysis techniques, the fund aims to offer investors exposure to health care companies that exhibit correlated movements, potentially enhancing portfolio diversification benefits. Through its commitment to accurately mirroring correlation dynamics within the health care sector, the PTH Correlation ETF provides investors with a tailored approach to managing risk and optimizing portfolio performance in a sector-specific context.

PTH SECTOR

The PTH Sector ETF, a pivotal component of Invesco's ETF offerings, operates under the overarching investment strategy of the PTH issuer, focusing on sector-specific dynamics within health care. This ETF aims to track the performance of the Underlying Index, meticulously compiled and managed by Dorsey, Wright & Associates, LLC. Comprising a minimum of 30 carefully selected securities within the health care sector, chosen for their robust relative strength or momentum characteristics, the PTH Sector ETF provides investors with targeted exposure to this dynamic industry. Through a systematic replication methodology, the fund ensures that investors can effectively capture the performance of health care companies delineated by the Underlying Index. By concentrating on sector-specific dynamics, the PTH Sector ETF offers investors a tailored approach to navigating opportunities and risks within the health care sector, enhancing portfolio diversification and potential for long-term growth.

PTH EXPOSURE

The PTH Exposure ETF, a fundamental component of Invesco's ETF offerings, operates within the overarching investment strategy of the PTH issuer, emphasizing exposure dynamics within the health care sector. This ETF seeks to replicate the performance of the Underlying Index, meticulously compiled and managed by Dorsey, Wright & Associates, LLC. Comprising a minimum of 30 carefully selected securities within the health care sector, chosen for their robust relative strength or momentum characteristics, the PTH Exposure ETF provides investors with targeted exposure to this dynamic industry. Through its systematic replication methodology, the fund ensures that investors can effectively capture the performance of health care companies delineated by the Underlying Index. By focusing on exposure dynamics, the PTH Exposure ETF offers investors a tailored approach to accessing opportunities and managing risks within the health care sector, potentially enhancing portfolio diversification and long-term growth prospects.

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