Invesco Dwa Energy Etf Profile
| PXI Etf | USD 50.34 0.11 0.22% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Invesco DWA is trading at 50.34 as of the 30th of November 2024. This is a 0.22 percent increase since the beginning of the trading day. The etf's open price was 50.23. Invesco DWA has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Invesco DWA Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. DWA Energy is traded on NASDAQ Exchange in the United States. More on Invesco DWA Energy
Moving together with Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Planet Ventures Inc, SHANDONG MOLONG -H-, Petroleum Industrial and Civil Construction JSC] |
| Business Concentration | Sector ETFs, Energy ETFs, Energy, Equity Energy, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2006-10-12 |
| Benchmark | Dorsey Wright Energy Technical Leaders Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 4,056.9 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| 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, Michael Jeanette, Pratik Doshi, Tony Seisser |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 86.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.7 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 13.61 |
| Name | Invesco DWA Energy Momentum ETF |
| Currency Code | USD |
| Open Figi | BBG000Q21QD3 |
| In Threey Volatility | 30.56 |
| 1y Volatility | 14.73 |
| 200 Day M A | 46.6269 |
| 50 Day M A | 45.9786 |
| Code | PXI |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.39 |
Invesco DWA Energy [PXI] is traded in USA and was established 2006-10-12. The fund is classified under Equity Energy category within Invesco family. The entity is thematically classified as Sector ETFs. Invesco DWA Energy at this time have 192.21 M in assets. , while the total return for the last 3 years was 19.8%.
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 Energy 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.
Top Invesco DWA Energy Etf Constituents
| MTDR | Matador Resources | Stock | Energy | |
| PBF | PBF Energy | Stock | Energy | |
| CHX | ChampionX | Stock | Energy | |
| CPE | Callon Petroleum | Stock | Energy | |
| GPRE | Green Plains Renewable | Stock | Energy | |
| NBR | Nabors Industries | Stock | Energy | |
| PDCE | PDC Energy | Stock | Energy | |
| APA | APA Corporation | Stock | Energy |
Invesco DWA Energy 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 | 0.09 | |||
| Jensen Alpha | 0.0218 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0274 |
Invesco DWA Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco DWA Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Invesco DWA Energy 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.