Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Utilities Momentum ETF
Snapshot*
Top 10 Holdings
What is PUI?
The Invesco DWA Utilities Momentum ETF (Fund) is based on the Dorsey Wright Utilities Technical Leaders Index (DWA Utilities Technical Leaders Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 common stocks from the NASDAQ US Benchmark Index. Relative strength is the measurement of a securitys performance in a given universe over time as compared to the performance of all other securities in that universe. The Fund and the Index are rebalanced and reconstituted quarterly.
PUIPerformance Measures**
for the time period Oct 26, 2005 to Jul 16, 2026
1M Trailing Return: 0.3%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: -2.0%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -43.2%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 21.8%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.46
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.18
The annualized return divided by the max drawdown for the selected time period.
ETFs related toPUI
ETFs correlated to PUI include RSPU, VPU, FUTY
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toPUI
E$[NO K-1 50/50] ☢️ Mod of V1.11 The Manhattan Project | 50% TQQQ Minimal | 50% Beta Baller + TCCC
Category
Leveraged ETFs, trend-following, mean reversion, volatility hedging, tactical allocation, bond-regime, tech/semis focus
OOS Cumulative Return
768.11%
☢ V3a The Manhattan Project | BB V3.0.4.2a merged with TQQQ FTLT V4.2 | V2 Sideways Market Mod Below the SPY 200d SMA | FINAL | DereckN Replace TQQQ and SQQQ with SOXL and SOXS | Replace 'A Better QQQ' Pietros Maneos |
Category
Tactical rotation, leveraged ETFs, tech/semis focus, trend + mean reversion, volatility hedge, rates regime, daily rebalance
OOS Cumulative Return
549.71%
Create your own algorithmic trading strategy with PUI using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.