Seeks to track, before fees and expenses, the DWA Financials Technical Leaders Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 common stocks from a universe of stocks traded on US exchanges in the financials sector.
ETF Information
Sponsor: Invesco
Category1: US Equity
Category2: Single sector
Category3: Financials
Morningstar category: Financial Leverage factor: 1.00 Inception date: 10/12/2006
Index tracking method:
Passive replication
Current yield: 1.84%
Historical average yield: 1.38%
Market cap: $35,170,200
Average volume: 2,520
Fees: 0.6000%
Index InformationDorsey Wright Financials Tech Leaders Index symbol: DWFN
Provider: NASDAQ OMX Total return index symbol: EZBTR
Index weighting: Momentum score Index inception date: 12/03/2019
Backtesting data exists:
Number of holdings: 40 (as of 12/03/2019)
Strategy: Momentum
Factors used to select securities: