Key stats
About Invesco Dorsey Wright SmallCap Momentum ETF
DWAS offers a technical take on US small-caps, differentiating it from the large field of competing ETFs. The fund aims to outperform standard market cap-weighted ETFs using relative price trends as interpreted by Dorsey Wright, rather than market value or fundamental attributes. DWAS selects just 200 stocks for its portfolio each quarter, which makes it far more concentrated than rivals like IWM, which holds nearly 2,000 small-caps. The resulting portfolio can vary greatly from vanilla ETFs in both holdings and performance, and tilts toward small- and micro-caps compared to our benchmark. The fund uses a full replication indexing strategy, meaning DWAS will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Investors should consider all-in costs of holding the fund. The index is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the fund traded under the name Invesco DWA SmallCap Momentum ETF.
Related funds
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DWAS trades at 100.36 USD today, its price has risen 0.40% in the past 24 hours. Track more dynamics on DWAS price chart.
DWAS price has fallen by −2.10% over the last month, and its yearly performance shows a 7.41% increase. See more dynamics on DWAS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 7.85% increase in three-month performance and has increased by 8.09% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 7.85% increase in three-month performance and has increased by 8.09% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DWAS technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DWAS shows the buy signal. See more of DWAS technicals for a more comprehensive analysis.
Today, DWAS technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DWAS shows the buy signal. See more of DWAS technicals for a more comprehensive analysis.
No, DWAS doesn't pay dividends to its holders.
DWAS trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.