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Invesco DWA NASDAQ Momentum ETF (DWAQ)

momentum-factor nasdaq growth

DWAQ focuses on NASDAQ-listed stocks exhibiting strong relative strength characteristics. It uses a proprietary methodology to select and weight stocks based on their price momentum. This approach may appeal to investors seeking a rules-based way to capture momentum within the often growth-oriented NASDAQ universe.

Key Info

AUM $115.5M
Expense Ratio 0.60%
Inception Date May 1, 2003
Distribution Frequency Quarterly
Weighting Method Relative Strength
Number of Holdings 100
Tracking Index Dorsey Wright NASDAQ Technical Leaders Index

See Also

PDP QTEC QQQ

Last updated: September 11, 2024