Invesco Dwa Emerging Etf Profile
PIE Etf | USD 19.81 0.12 0.61% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Invesco DWA is trading at 19.81 as of the 28th of November 2024, a 0.61 percent increase since the beginning of the trading day. The etf's lowest day price was 19.66. Invesco DWA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Invesco DWA Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund will invest at least 90 percent of its total assets in the securities that comprise the underlying index. DWA Emerging is traded on NASDAQ Exchange in the United States. More on Invesco DWA Emerging
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Invesco Etf Highlights
Thematic Idea | Strategy ETFs (View all Themes) |
Business Concentration | Strategy ETFs, Diversified Emerging Mkts, Invesco (View all Sectors) |
Issuer | Invesco |
Inception Date | 2007-12-27 |
Benchmark | Dorsey Wright Emerging Markets Technical Leaders Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 120.36 Million |
Average Trading Valume | 39,475 |
Asset Type | Equity |
Category | Strategy |
Focus | Alpha-Seeking |
Market Concentration | Emerging Markets |
Region | Emerging Markets |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Invesco Capital Management LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Invesco Distributors, Inc. |
Portfolio Manager | Peter Hubbard, Jonathan Nixon, Michael Jeanette, Tony Seisser |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Apr |
Exchange | NASDAQ |
Number of Constituents | 99.0 |
Market Maker | Virtu Financial |
Total Expense | 0.9 |
Management Fee | 0.9 |
Country Name | USA |
Returns Y T D | 1.98 |
Name | Invesco DWA Emerging Markets Momentum ETF |
Currency Code | USD |
Open Figi | BBG000P0NDV3 |
In Threey Volatility | 18.77 |
1y Volatility | 11.94 |
200 Day M A | 20.7305 |
50 Day M A | 20.3122 |
Code | PIE |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
Invesco DWA Emerging [PIE] is traded in USA and was established 2007-12-28. The fund is classified under Diversified Emerging Mkts category within Invesco family. The entity is thematically classified as Strategy ETFs. Invesco DWA Emerging at this time have 143.72 M in assets. , while the total return for the last 3 years was -4.0%.
Check Invesco DWA Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco DWA Emerging Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Invesco DWA Emerging Currency Exposure
Invesco DWA Emerging holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Invesco DWA will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Invesco DWA Emerging.
Top Invesco DWA Emerging Etf Constituents
AACAF | AAC Technologies Holdings | Pink Sheet | Communication Equipment | |
DQ | Daqo New Energy | Stock | Information Technology | |
EDU | New Oriental Education | Stock | Consumer Discretionary | |
EGRNF | EGRNF | Pink Sheet | Real Estate—Development | |
GELYF | Geely Automobile Holdings | Pink Sheet | Auto Manufacturers | |
HTHT | Huazhu Group | Stock | Consumer Discretionary | |
PBCRF | PT Bank Central | Pink Sheet | Banks—Regional | |
SNPTF | Sunny Optical Technology | Pink Sheet | Electronic Components |
Invesco DWA Emerging Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco DWA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.07) |
Invesco DWA Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco DWA Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Invesco DWA Emerging is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco DWA's value that differs from its market value or its book value, called intrinsic value, which is Invesco DWA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco DWA's market value can be influenced by many factors that don't directly affect Invesco DWA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DWA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.