DWTR ETF — Holdings & Analysis

The Invesco DWA Tactical Sector Rotation ETF (DWTR) is an equity fund of funds that seeks to track the Dorsey Wright® Sector 4 Index. DWTR invests in other Invesco ETFs to gain exposure to U.S.

equity market sectors exhibiting the strongest relative strength, evaluated monthly. As of 2026-03-15, DWTR has a dividend yield of 0.64% and holds just four underlying ETFs, focusing on momentum-driven sector allocation. Past performance does not guarantee future results.

Invesco DWA Tactical Sector Rotation ETF (DWTR) ETF — Price, Holdings & Analysis

The Invesco DWA Tactical Sector Rotation ETF (DWTR) is an equity fund of funds that seeks to track the Dorsey Wright® Sector 4 Index. DWTR invests in other Invesco ETFs to gain exposure to U.S. equity market sectors exhibiting the strongest relative strength, evaluated monthly. As of 2026-03-15, DWTR has a dividend yield of 0.64% and holds just four underlying ETFs, focusing on momentum-driven sector allocation. Past performance does not guarantee future results.

ETF Overview

The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Sector 4 Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. It is a fund of funds, meaning that it invests its assets in the shares of other exchange-traded funds (ETFs) eligible for inclusion in the underlying index. The underlying index seeks to gain exposure to the sectors of the U.S. equity markets that display the strongest relative strength, as evaluated on a monthly basis. The fund is non-diversified.

DWTR employs a tactical sector rotation strategy, aiming to outperform by investing in the sectors demonstrating the strongest relative strength. The fund achieves this by investing in other Invesco DWA Momentum ETFs, effectively creating a fund of funds. DWTR's underlying index, the Dorsey Wright® Sector 4 Index, evaluates sector strength monthly and adjusts its holdings accordingly. As of 2026-03-15, DWTR's top holdings include the Invesco DWA Financial Momentum ETF (PFI) at 26.32%, Invesco DWA Industrials Momentum ETF (PRN) at 24.70%, Invesco DWA Technology Momentum ETF (PTF) at 24.54%, and Invesco DWA Healthcare Momentum ETF (PTH) at 24.42%. This concentrated approach means DWTR's performance is heavily influenced by the momentum of these specific sectors. The fund is non-diversified, which can lead to greater volatility but also potentially higher returns if its selected sectors perform well. DWTR is designed for investors seeking a dynamic, actively managed approach to sector allocation based on relative strength.

Risk Metrics

DWTR's concentrated portfolio of just four holdings introduces significant concentration risk. A downturn in any of these underlying Invesco DWA Momentum ETFs could significantly impact DWTR's overall performance. Sector risk is also a key consideration, as DWTR's allocation is heavily weighted towards Technology (26.7%), Healthcare (25.9%), and Financial Services (19.4%). A shift in market sentiment or economic conditions impacting these sectors could adversely affect DWTR. With a beta of 1.09, DWTR exhibits slightly higher volatility than the overall market. Investors should also consider the expense drag associated with DWTR's expense ratio, which can erode returns over time. Past performance does not guarantee future results.

What does DWTR hold?

Holding	Weight
Invesco DWA Financial Momentum ETF (PFI)	26.32%
Invesco DWA Industrials Momentum ETF (PRN)	24.70%
Invesco DWA Technology Momentum ETF (PTF)	24.54%
Invesco DWA Healthcare Momentum ETF (PTH)	24.42%

How Is the Fund Allocated?

Sector	Weight
Technology	26.7%
Healthcare	25.9%
Financial Services	19.4%
Industrials	16.1%
Real Estate	7.1%
Communication Services	1.9%
Consumer Cyclical	1.7%
Basic Materials	1.0%
Energy	0.3%

Dividend Yield

0.64%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Invesco QQQ Trust, Series 1 (QQQ) (Equity) — 0.18% expense ratio
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) (Equity) — 0.47% expense ratio
Invesco ESG S&P 500 Equal Weight ETF (RSPE) (Equity) — 0.20% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) (Fixed Income) — 0.28% expense ratio
Invesco Dividend Achievers ETF (PFM) (Equity) — 0.52% expense ratio
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) (Equity) — 0.39% expense ratio

Risk Metrics

Beta: 1.09

Questions & Answers

What is DWTR and what does it track?

The Invesco DWA Tactical Sector Rotation ETF (DWTR) is an exchange-traded fund that aims to track the investment results of the Dorsey Wright® Sector 4 Index. This index seeks to identify and invest in the four U.S.

equity market sectors demonstrating the strongest relative strength.

What is the expense ratio for DWTR?

While the exact expense ratio for DWTR is not provided in the available data, it's an important factor to consider when evaluating the ETF's potential performance.

The expense ratio represents the annual cost of operating the fund, expressed as a percentage of the fund's assets. A lower expense ratio generally translates to higher returns for investors, all else being equal.

What are the top holdings in DWTR?

As of 2026-03-15, DWTR's top holdings consist of four Invesco DWA Momentum ETFs. The largest holding is Invesco DWA Financial Momentum ETF (PFI) at 26.32%, followed by Invesco DWA Industrials Momentum ETF (PRN) at 24.70%.

The third largest holding is Invesco DWA Technology Momentum ETF (PTF) at 24.54%, and the fourth is Invesco DWA Healthcare Momentum ETF (PTH) at 24.42%.

Is DWTR a good long-term investment?

Evaluating whether DWTR is a suitable long-term investment requires careful consideration of its investment strategy and risk profile.

DWTR's tactical sector rotation approach, based on momentum, may lead to periods of outperformance but also potential underperformance compared to broader market indices. The fund's concentration in a limited number of sectors and its non-diversified nature introduce additional volatility.

How does DWTR compare to similar ETFs?

DWTR differentiates itself through its unique tactical sector rotation strategy based on the Dorsey Wright relative strength methodology. Unlike broad market ETFs, DWTR actively shifts its sector allocations based on momentum signals.

Compared to other sector-specific ETFs, DWTR offers a dynamic approach by investing in multiple sectors rather than focusing on a single area.

Does DWTR pay dividends?

Yes, DWTR does pay dividends. As of 2026-03-15, DWTR has a dividend yield of 0.64%. The dividend yield represents the annual dividend payment as a percentage of the fund's share price.

It's important to note that dividend yields can fluctuate over time due to changes in the fund's underlying holdings and overall market conditions.