Key stats
About Invesco Dorsey Wright Technology Momentum ETF
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Inception date
Oct 12, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PTF continues to provide an alternate take on US technology firms following a 2014 index change. The fund now follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum in an effort to outperform the broad market. This momentum-based take can swing the fund far from neutral exposure, with major sector bets and even sizeable allocations outside the traditional tech sphere. The fund carries a much lower average market cap compared to the broad market, and attendant risk is elevated as a result. The fund selects the top, at least 30 stocks, with the highest momentum scores in the technology space. The fund uses a full replication indexing strategy. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Technology Momentum ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.90%
Technology Services60.20%
Electronic Technology28.53%
Communications4.84%
Producer Manufacturing2.54%
Finance2.38%
Commercial Services1.42%
Bonds, Cash & Other0.10%
Mutual fund0.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PTF invests in stocks. The fund's major sectors are Technology Services, with 60.20% stocks, and Electronic Technology, with 28.53% of the basket. The assets are mostly located in the North America region.
PTF top holdings are Palantir Technologies Inc. Class A and Cadence Design Systems, Inc., occupying 5.55% and 4.80% of the portfolio correspondingly.
PTF last dividends amounted to 0.15 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 89.33% increase.
PTF assets under management is 382.93 M USD. It's risen 3.15% over the last month.
PTF fund flows account for −75.41 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PTF pays dividends to its holders with the dividend yield of 0.21%. The last dividend (Mar 28, 2025) amounted to 0.15 USD. The dividends are paid quarterly.
PTF shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Oct 12, 2006, and its management style is Passive.
PTF expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
PTF follows the Dorsey Wright Technology Tech Leaders TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PTF invests in stocks.
PTF price has risen by 7.74% over the last month, and its yearly performance shows a 15.85% increase. See more dynamics on PTF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.48% over the last month, showed a 32.36% increase in three-month performance and has increased by 16.86% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.48% over the last month, showed a 32.36% increase in three-month performance and has increased by 16.86% in a year.
PTF trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.