- ISIN
- US73935X3513
- CUSIP
- 73935X351
- Issuer
- Invesco
- Inception Date
- Oct 12, 2006
- Region
- North America (U.S.)
- Category
- Momentum, Health & Biotech Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dorsey Wright Healthcare Technical Leaders Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $121M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PTH Performance Chart
Invesco DWA Healthcare Momentum ETF (PTH) is up 9.7% since the beginning of the year. PTH is currently trading at $55 per share. Investors who bought $1,000 worth of PTH shares 5 years ago would now be looking at an investment worth $1,010.
Loading charts...
Returns By Period
Invesco DWA Healthcare Momentum ETF (PTH) has returned 9.73% so far this year and 47.77% over the past 12 months. Over the last decade, PTH has posted an annualized return of 14.55%, slightly higher than the S&P 500 Index benchmark’s 13.88%.
Invesco DWA Healthcare Momentum ETF
- 1D
- 2.94%
- 1M
- 6.48%
- YTD
- 9.73%
- 6M
- 7.51%
- 1Y
- 47.77%
- 3Y*
- 11.98%
- 5Y*
- 0.20%
- 10Y*
- 14.55%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PTH Monthly Returns History
Based on dividend-adjusted daily data since Oct 12, 2006, PTH's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Dec 2023 with a return of +17.7%, while the worst month was Jan 2016 at -20.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PTH closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.6%, while the worst single day was Mar 16, 2020 at -13.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.79% | 3.12% | -1.65% | 3.26% | 2.69% | 4.96% | 9.73% | ||||||
| 2025 | 7.64% | -3.61% | -5.02% | 1.70% | -8.65% | 6.06% | -2.79% | 5.32% | 10.74% | 10.34% | 11.66% | -5.70% | 27.91% |
| 2024 | 1.41% | 14.29% | -3.09% | -7.80% | 3.43% | 2.54% | 4.56% | 5.21% | -1.67% | -3.89% | 1.21% | -11.42% | 2.36% |
| 2023 | -1.11% | -6.54% | -1.27% | 6.80% | -2.74% | 4.43% | -4.37% | -4.71% | -9.22% | -9.86% | 9.84% | 17.71% | -4.54% |
| 2022 | -16.61% | 0.15% | 3.99% | -9.73% | -1.98% | -3.62% | 8.81% | 3.30% | -6.03% | 4.06% | -0.78% | -1.70% | -20.61% |
| 2021 | 3.43% | -1.46% | -3.74% | -0.57% | -0.78% | 7.34% | -0.44% | 2.65% | -5.26% | 1.52% | -8.40% | 3.49% | -3.20% |
Benchmark Metrics
Invesco DWA Healthcare Momentum ETF has an annualized alpha of 3.56%, beta of 0.88, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since October 12, 2006.
- This ETF captured 107.67% of S&P 500 Index gains and 102.22% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.49 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 3.56%
- Beta
- 0.88
- R²
- 0.49
- Upside Capture
- 107.67%
- Downside Capture
- 102.22%
Expense Ratio
PTH has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PTH ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco DWA Healthcare Momentum ETF (PTH) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PTH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.01 | 2.78 | +1.22 |
| Martin ratioReturn relative to average drawdown | 10.01 | 12.44 | -2.43 |
Dividends
Dividend History
Invesco DWA Healthcare Momentum ETF provided a 2.80% dividend yield over the last twelve months, with an annual payout of $1.53 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $1.53 | $1.53 | $0.03 |
Dividend yield | 2.80% | 3.07% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco DWA Healthcare Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.53 | $1.53 |
| 2024 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco DWA Healthcare 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 Healthcare Momentum ETF was 53.52%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current Invesco DWA Healthcare Momentum ETF drawdown is 10.46%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -53.52%Oct 2023 | 2y 8mo | — | 5y 4moFeb 2021 - now |
Financial crisis2007–2009 | -50.37%Mar 2009 | 1y 2mo | 2y 1mo | 3y 3moDec 2007 - Apr 2011 |
2016 bear market2016 | -42.34%Feb 2016 | 6mo 23d | 1y 7mo | 2y 2moJul 2015 - Sep 2017 |
Rate-hike selloffLate 2018 | -34.22%Dec 2018 | 2mo 24d | 1y 1mo | 1y 4moOct 2018 - Feb 2020 |
COVID crash2020 | -27.90%Mar 2020 | 25d | 1mo 5d | 2moFeb 2020 - Apr 2020 |
Drawdown Indicators
| PTH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.52% | -56.78% | +3.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.98% | -9.10% | -2.88% |
Max Drawdown (3Y)Largest decline over 3 years | -28.09% | -18.90% | -9.19% |
Max Drawdown (5Y)Largest decline over 5 years | -50.07% | -25.43% | -24.64% |
Max Drawdown (10Y)Largest decline over 10 years | -53.52% | -33.92% | -19.60% |
Current DrawdownCurrent decline from peak | -10.46% | -1.80% | -8.66% |
Average DrawdownAverage peak-to-trough decline | -16.99% | -10.71% | -6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 2.03% | +2.76% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PTH
Add Invesco DWA Healthcare Momentum ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PTH