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.

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.

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.

0.64%