Invesco DWA Tactical Sector Rotation ETF (DWTR)
Invesco DWA Tactical Sector Rotation ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $35.30, up 0.00% on the session, giving a market capitalisation of $51.7M. Its beta of 1.09 implies it has historically moved more than the broad market.
The Invesco DWA Tactical Sector Rotation ETF (DWTR) endeavors to replicate the investment performance, prior to the deduction of fees and expenses, of the Dorsey Wright® Sector 4 Index. Typically, at least 90% of the fund's total assets are committed to the securities comprising this benchmark. Operating as a "fund of funds," DWTR achieves its objective by investing in shares of other exchange-traded funds (ETFs) that qualify for inclusion in its underlying index. This index strategically targets U.S. equity market sectors identified as possessing the strongest relative strength, with these evaluations conducted on a monthly basis. It's noteworthy that this fund is categorized as non-diversified.
Invesco DWA Tactical Sector Rotation ETF is most often compared with the following Financial Services names: