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ETFs

Invesco Dynamic Large Cap Growth ETF

PWB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 03 2005
Expense Ratio
0.56%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$906,929
AUM
$581,102,999
Associated Index
Dynamic Large Cap Growth Intellidex Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Salesforce Inc
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Adobe Inc
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Apple Inc
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Nike, Inc. - Ordinary Shares - Class B
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Oracle Corp.
3.34%
LLY
Lilly(Eli) & Co
3.32%
V
Visa Inc - Ordinary Shares - Class A
3.31%
MA
Mastercard Incorporated - Ordinary Shares - Class A
3.28%
Invest with PWB

What is PWB?

The Invesco Dynamic Large Cap Growth ETF (Fund) is based on the Dynamic Large Cap Growth Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

ETFs related toPWB

ETFs correlated to PWB include SFY, QGRO, IUSG

PWB
Invesco Capital Management LLC - Invesco Dynamic Large Cap Growth ETF
SFY
Tidal ETF Trust - SoFi Select 500 ETF
QGRO
American Century ETF Trust - American Century STOXX U.S.Quality Growth ETF
IUSG
BlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
VOOG
Vanguard Group, Inc. - Vanguard S&P 500 Growth ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
IVW
BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth ETF
SPYG
SPDR Series Trust - SPDR Portfolio S&P 500 Growth ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF

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.

Automated Strategies
Related toPWB

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with PWB using Composer

FAQ

PWB is a US Equities ETF. The Invesco Dynamic Large Cap Growth ETF (Fund) is based on the Dynamic Large Cap Growth Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

PWB tracks the Dynamic Large Cap Growth Intellidex Index.

No, PWB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PWB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PWB is -0.0022%. This is the percent change in the value of PWB over the most recent 1-month period. The 3-month return on PWB is 0.0474%. This is the percent change in the value of PWB over the most recent 3-month period.

The standard deviation of PWB for the past year is 0.2667%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PWB include IWN, IWF, and VUG.

ETFs correlated to PWB include SFY, QGRO, and IUSG.

ETFs that are inversely correlated to PWB include SPXU, SPDN, and SPXS.

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.