Invesco Dorsey Wright Momentum ETF (PDP)

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The chart shows the growth of an initial investment of $10,000 in Invesco Dorsey Wright Momentum ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Dorsey Wright Momentum ETF (PDP) has returned 3.73% so far this year and 20.93% over the past 12 months. Over the last ten years, PDP has had an annualized return of 11.68%, just under the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Mar 1, 2007, PDP's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, your investment would double in approximately 6.7 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2024 with a return of +12.7%, while the worst month was Oct 2008 at -20.4%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PDP closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.2%, while the worst single day was Mar 16, 2020 at -13.6%.

Invesco Dorsey Wright Momentum ETF has an annualized alpha of 0.96%, beta of 1.03, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since March 02, 2007.

• This ETF captured 105.71% of S&P 500 Index gains and 102.04% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.03 and R² of 0.84, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

PDP has an expense ratio of 0.62%, placing it in the medium range.

PDP ranks 52 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Invesco Dorsey Wright Momentum ETF (PDP) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Dorsey Wright Momentum ETF provided a 0.13% dividend yield over the last twelve months, with an annual payout of $0.16 per share.

The table displays the monthly dividend distributions for Invesco Dorsey Wright Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco Dorsey Wright Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Dorsey Wright Momentum ETF was 59.34%, occurring on Mar 9, 2009. Recovery took 775 trading sessions.

The current Invesco Dorsey Wright Momentum ETF drawdown is 7.49%.

The chart below shows the rolling one-month volatility.