Invesco Dorsey Wright SmallCap Momentum ETFDWAS
DWAS
1
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
96% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 23
4% more capital invested
Capital invested by funds: $778M [Q2] → $808M (+$29.7M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
2% less funds holding
Funds holding: 97 [Q2] → 95 (-2) [Q3]
3.34% less ownership
Funds ownership: 85.52% [Q2] → 82.19% (-3.34%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for DWAS.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Tech IPOs Poised For Return To Pre-Pandemic Normalcy In 2025
The new year is poised for a resurgence in tech IPOs, as lower interest rates and an investor shift to small- and mid-cap companies combine to create a more welcoming market for debuts. The current environment presents the most favorable conditions for the recovery of IPOs in the past three years. The S&P 400 Midcap Index and the S&P 600 Index have outperformed the S&P 500 Index since the US election Nov. 5.
Neutral
Seeking Alpha
4 months ago
DWAS: Excessively Risky SMID Strategy With Bleak Returns
DWAS offers exposure to small- and mid-cap names with convincing momentum characteristics. Yet, its strategy of capitalizing on SMID stocks that were on a tear did not translate into meaningful and consistent outperformance in the past. Its historical risk-adjusted returns are much weaker than those of IVV and IJR, owing to its volatility, which, in turn, is likely influenced by soft quality.
Positive
ETF Trends
5 months ago
3 Small-Cap Growth ETFs With Standout Long-Term Performance
Rate cuts are coming, it seems, with the U.S. economy slowing down precipitously in July. Market watchers are increasingly seeing a potential 50 basis point (bps) cut in September with potentially even more cuts after that.
Positive
Seeking Alpha
7 months ago
DWAS: High-Risk/High-Reward Small-Cap ETF
Invesco Dorsey Wright SmallCap Momentum ETF holds 199 small caps selected and weighted based on a proprietary momentum score. The DWAS ETF is overweight in industrials and healthcare, but well-diversified across holdings. Based on quality metrics and price history, DWAS has a high-risk/high-reward profile.
Negative
Seeking Alpha
10 months ago
DWAS: Soft Quality, Questionable Performance, And High Turnover
DWAS has an index-based strategy designed to benefit from strongly performing small-cap stocks that are anticipated to continue climbing higher. I have identified two reasons why the ETF is a suboptimal choice: the soft quality of its portfolio and its inconsistent past performance. A pronounced mid-cap tilt might be another issue for investors who are looking for pure-play small-cap portfolios.
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