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Invesco DWA Momentum ETF (PDP)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US73935X1533

CUSIP

73935X153

Issuer

Invesco

Inception Date

Mar 1, 2007

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Dorsey Wright Technical Leaders Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
PDP vs. MMTM PDP vs. MTUM PDP vs. SPY PDP vs. RSP PDP vs. SCHD PDP vs. SCHG PDP vs. VOO PDP vs. QQQ PDP vs. BBUS PDP vs. XLG
Popular comparisons:
PDP vs. MMTM PDP vs. MTUM PDP vs. SPY PDP vs. RSP PDP vs. SCHD PDP vs. SCHG PDP vs. VOO PDP vs. QQQ PDP vs. BBUS PDP vs. XLG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco DWA 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.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
15.41%
11.50%
PDP (Invesco DWA Momentum ETF)
Benchmark (^GSPC)

Returns By Period

Invesco DWA Momentum ETF had a return of 31.80% year-to-date (YTD) and 39.81% in the last 12 months. Over the past 10 years, Invesco DWA Momentum ETF had an annualized return of 10.91%, which was very close to the S&P 500 benchmark's annualized return of 11.13%.


PDP

YTD

31.80%

1M

5.44%

6M

15.41%

1Y

39.81%

5Y (annualized)

12.84%

10Y (annualized)

10.91%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of PDP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.54%9.62%3.83%-6.28%4.33%1.31%0.69%2.58%2.16%0.33%31.80%
20236.36%-1.77%2.52%-0.93%-1.57%9.53%0.47%-0.20%-5.21%-4.44%9.84%5.91%20.88%
2022-13.73%-2.65%2.07%-8.01%2.87%-11.18%10.98%-2.01%-8.63%10.61%3.02%-7.43%-24.49%
2021-2.42%1.57%-2.10%2.81%-1.13%3.57%2.16%2.95%-5.09%9.19%-2.34%-0.91%7.72%
20202.45%-6.76%-12.10%12.40%9.78%1.20%8.98%5.82%-1.57%-1.35%10.91%4.90%36.59%
20198.31%4.80%3.02%3.72%-3.11%5.98%2.29%0.84%-2.01%0.18%3.96%1.55%33.13%
20186.37%-3.66%-0.45%0.00%5.20%-0.07%1.54%6.46%-0.37%-11.06%0.79%-9.18%-5.96%
20172.12%5.20%0.38%1.19%2.07%0.21%2.37%1.15%0.45%4.38%2.40%-0.64%23.30%
2016-7.25%0.96%5.27%-0.71%2.74%1.45%2.28%-0.65%-0.76%-2.85%1.82%0.58%2.34%
2015-0.27%5.47%0.66%-2.30%2.03%-0.41%2.42%-5.81%-3.20%6.50%-0.65%-2.62%1.13%
2014-1.91%6.04%-2.28%-0.83%3.84%1.69%-2.44%5.60%-2.04%2.65%2.95%-1.16%12.21%
20134.73%1.33%4.35%2.68%0.32%-1.80%5.22%-2.19%5.42%2.51%3.29%2.33%31.68%

Expense Ratio

PDP features an expense ratio of 0.62%, falling within the medium range.


Expense ratio chart for PDP: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PDP is 72, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of PDP is 7272
Combined Rank
The Sharpe Ratio Rank of PDP is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of PDP is 7474
Sortino Ratio Rank
The Omega Ratio Rank of PDP is 7171
Omega Ratio Rank
The Calmar Ratio Rank of PDP is 6262
Calmar Ratio Rank
The Martin Ratio Rank of PDP is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco DWA Momentum ETF (PDP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for PDP, currently valued at 2.33, compared to the broader market0.002.004.006.002.332.46
The chart of Sortino ratio for PDP, currently valued at 3.17, compared to the broader market-2.000.002.004.006.008.0010.0012.003.173.31
The chart of Omega ratio for PDP, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.46
The chart of Calmar ratio for PDP, currently valued at 1.99, compared to the broader market0.005.0010.0015.001.993.55
The chart of Martin ratio for PDP, currently valued at 13.85, compared to the broader market0.0020.0040.0060.0080.00100.0013.8515.76
PDP
^GSPC

The current Invesco DWA Momentum ETF Sharpe ratio is 2.33. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Invesco DWA Momentum ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.33
2.46
PDP (Invesco DWA Momentum ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco DWA Momentum ETF provided a 0.11% dividend yield over the last twelve months, with an annual payout of $0.12 per share.


0.00%0.20%0.40%0.60%0.80%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.12$0.36$0.32$0.00$0.10$0.16$0.09$0.14$0.34$0.16$0.06$0.10

Dividend yield

0.11%0.42%0.45%0.00%0.11%0.25%0.18%0.28%0.81%0.39%0.15%0.28%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03
2023$0.00$0.00$0.13$0.00$0.00$0.11$0.00$0.00$0.03$0.00$0.00$0.10$0.36
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.00$0.00$0.24$0.32
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.07$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.10
2019$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.07$0.00$0.00$0.05$0.16
2018$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.01$0.00$0.00$0.04$0.09
2017$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.09$0.00$0.00$0.00$0.14
2016$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.04$0.00$0.00$0.19$0.34
2015$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$0.03$0.00$0.00$0.03$0.16
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.06
2013$0.05$0.00$0.00$0.03$0.00$0.00$0.03$0.10

Drawdowns

Drawdowns Chart

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.49%
-1.40%
PDP (Invesco DWA Momentum ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco DWA 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 DWA Momentum ETF was 59.34%, occurring on Mar 9, 2009. Recovery took 775 trading sessions.

The current Invesco DWA Momentum ETF drawdown is 1.49%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.34%Dec 11, 2007312Mar 9, 2009775Apr 3, 20121087
-34.7%Feb 20, 202023Mar 23, 202081Jul 17, 2020104
-33.91%Nov 9, 2021221Sep 26, 2022450Jul 12, 2024671
-24.54%Sep 17, 201869Dec 24, 2018114Jun 10, 2019183
-19.14%Mar 23, 2015223Feb 8, 2016254Feb 9, 2017477

Volatility

Volatility Chart

The current Invesco DWA Momentum ETF volatility is 5.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.69%
4.07%
PDP (Invesco DWA Momentum ETF)
Benchmark (^GSPC)