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ETFs

Invesco Large Cap Growth ETF

PWB
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 3, 2005
Expense Ratio
0.56%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,157,239
AUM
$631,077,683
Associated Index
Dynamic Large Cap Growth Intellidex Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
3.52%
COST
Costco Wholesale Corp
3.51%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
3.48%
ACN
Accenture plc - Ordinary Shares - Class A
3.46%
MA
Mastercard Incorporated - Ordinary Shares - Class A
3.42%
CRM
Salesforce Inc
3.38%
LLY
Lilly(Eli) & Co
3.37%
ADBE
Adobe Inc
3.34%
AAPL
Apple Inc
3.34%
MSFT
Microsoft Corporation
3.33%
Invest with PWB
Trade PWB Options

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.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

PWB
Performance Measures**

for the time period Mar 3, 2005 to Dec 4, 2025

Returns

1M Trailing Return: -0.9%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 6.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -52.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 20.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.63

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: 0.22

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPWB

ETFs correlated to PWB include VOTE, GSLC, JQUA

PWB
Invesco Capital Management LLC - Invesco Large Cap Growth ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
QGRO
American Century ETF Trust - American Century U.S. Quality Growth ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA 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.

Trading Strategies
Related toPWB

AutoSignals | (TQQQ or SH? Edition)

Category

Trend-following, risk-on/off, RSI and moving-average filters, cross-asset signals, TQQQ vs SH toggle, high turnover, leveraged ETF

OOS Cumulative Return

0.92%

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 -0.01%. This is the percent change in the value of PWB over the most recent 1-month period. The 3-month return on PWB is -0.0044%. 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 0.1777%. 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 IWO, VTV, and VUG.

ETFs correlated to PWB include VOTE, GSLC, and JQUA.

ETFs that are inversely correlated to PWB include SH, SPXS, and SDS.

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.