PFI
Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Financial Momentum ETF
📎 Investment Objective
The Invesco Dorsey Wright Financial Momentum ETF (PFI) seeks to track the investment results of an index that is designed to provide exposure to U.S. financial sector stocks exhibiting relative strength, or momentum.
Overview
ETF tracking Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Financial Momentum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Dorsey Wright Financial Momentum ETF (PFI) seeks to track the investment results of an index that is designed to provide exposure to U.S. financial sector stocks exhibiting relative strength, or momentum.
🎯 Investment Strategy
The ETF uses a rules-based approach to identify and invest in U.S. financial sector stocks that demonstrate positive relative strength, or momentum, compared to the broader U.S. equity market. The portfolio is rebalanced and reconstituted on a regular basis to maintain exposure to the highest momentum stocks.
✨ Key Features
- Focuses on U.S. financial sector stocks with positive relative strength
- Utilizes a momentum-based investment strategy
- Rebalanced and reconstituted regularly to maintain exposure to top performing stocks
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused solely on the financial sector
- Momentum investing style can underperform during certain market conditions
- Potential for higher volatility compared to the broader market
- Limited performance history and assets under management
👤 Best For
This ETF may be suitable for investors seeking exposure to the U.S. financial sector with a focus on momentum-driven stocks. It could be used as a satellite holding within a diversified portfolio. Investors should be comfortable with the higher potential for volatility associated with a sector-specific, momentum-based strategy.