Invesco Dorsey Wright Healthcare Momentum ETF (PTH) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.41: the stock has moved about 41% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerInvesco Dorsey Wright Healthcare Momentum ETF (PTH) trades at $60.21. The Invesco Dorsey Wright Healthcare Momentum ETF seeks to track the performance of the Dorsey Wright Healthcare Technical Leaders Index. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026PTH stock analysis for 2026: The stored analyst price target for Invesco Dorsey Wright Healthcare Momentum ETF is $53.00; its date is unknown, so no upside or downside is derived from it against the current price of $60.21. Key factors: analyst coverage, company fundamentals.
Invesco Dorsey Wright Healthcare Momentum ETF (PTH) Financial Services Profile
Invesco Dorsey Wright Healthcare Momentum ETF (PTH) provides targeted exposure to the healthcare sector through a momentum-driven investment strategy. By focusing on companies exhibiting relative strength within the NASDAQ US Benchmark Index, PTH offers investors a potentially dynamic approach to capturing growth opportunities in the healthcare market.
What Is the Investment Thesis for PTH?
The Invesco Dorsey Wright Healthcare Momentum ETF (PTH) presents a targeted investment opportunity within the healthcare sector, leveraging a momentum-based strategy. The fund's focus on companies exhibiting relative strength offers the potential for enhanced returns compared to broader healthcare indices. However, investors may want to evaluate the fund's beta of 1.41, indicating higher volatility relative to the market. Growth catalysts include continued innovation and investment in the healthcare sector, driving momentum in specific companies. The quarterly rebalancing and reconstitution process ensures the fund remains aligned with current market leaders. A key risk is the potential for momentum strategies to underperform during market corrections or periods of sector rotation.
Based on FMP financials and quantitative analysis
PTH Key Highlights
The fund invests at least 90% of its total assets in the securities that comprise the Dorsey Wright Healthcare Technical Leaders Index.
- The Index is designed to identify companies that are showing relative strength (momentum).
- The Index is composed of at least 30 securities from the NASDAQ US Benchmark Index.
- The Fund and the Index are rebalanced and reconstituted quarterly.
- The fund has a beta of 1.41, indicating higher volatility relative to the market.
Who Are PTH's Competitors?
PTH is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ACES ALPS Clean Energy ETF | $28.04 | +1.52% | $107M | — |
| FEBW AllianzIM U.S. Equity Buffer20 Feb ETF | $36.46 | +0.31% | $121M | — |
| FFND One Global ETF | $32.23 | +0.75% | $101M | — |
| ITEQ Amplify BlueStar Israel Technology ETF | $62.98 | +0.78% | $121M | — |
| KURE KraneShares MSCI All China Health Care Index ETF | $19.14 | -1.08% | $110M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PTH's Key Strengths?
Targeted exposure to the healthcare sector.
- Momentum-based investment strategy.
- Quarterly rebalancing and reconstitution.
- Tracks a well-defined index.
What Are PTH's Weaknesses?
Higher volatility (beta of 1.41).
- Potential for underperformance during market corrections.
- Concentrated sector exposure.
- No dividend yield.
What Are the Key Risks for PTH?
Market corrections impacting momentum strategies.
- Sector rotation away from healthcare.
- Higher volatility compared to broader market indices.
- Concentration risk due to sector-specific focus.
- Changes in the composition of the NASDAQ US Benchmark Index.
What Threats Does PTH Face?
- Changes in healthcare regulations and policies.
- Economic downturns impacting healthcare spending.
- Increased competition from other healthcare ETFs.
- Unexpected events affecting the healthcare sector (e.g., pandemics).
What Are PTH's Competitive Advantages?
- Established index-tracking methodology (Dorsey Wright).
- Focus on healthcare sector momentum.
- Quarterly rebalancing to maintain index alignment.
- Brand recognition of Invesco as a large asset manager.
What Does PTH Do?
The Invesco Dorsey Wright Healthcare Momentum ETF (PTH) is designed to track the performance of the Dorsey Wright Healthcare Technical Leaders Index. Established with the goal of identifying and investing in healthcare companies demonstrating superior relative strength, or momentum, the fund offers a focused approach to capturing potential growth within the healthcare sector. The fund invests at least 90% of its total assets in the securities that comprise the Index, which is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is measured by comparing a security's performance against all other securities in the defined universe over a specific time period. PTH undergoes quarterly rebalancing and reconstitution to ensure that the portfolio accurately reflects the current leaders in healthcare momentum. This process involves reviewing the index components and adjusting the holdings to maintain alignment with the index's methodology. By concentrating on companies with strong momentum characteristics, PTH aims to provide investors with a potentially higher growth profile compared to broader healthcare market indices.
What Products and Services Does PTH Offer?
- Tracks the performance of the Dorsey Wright Healthcare Technical Leaders Index.
- Invests primarily in healthcare companies demonstrating strong relative strength (momentum).
- Selects at least 30 securities from the NASDAQ US Benchmark Index.
- Measures relative strength by comparing a security's performance against its peers.
- Rebalances and reconstitutes its portfolio quarterly.
- Aims to provide investors with targeted exposure to the healthcare sector.
How Does PTH Make Money?
- Generates revenue through management fees charged to investors.
- Tracks a specific index (Dorsey Wright Healthcare Technical Leaders Index).
- Implements a momentum-based investment strategy.
- Rebalances portfolio quarterly to maintain index alignment.
What Industry Does PTH Operate In?
The asset management industry is characterized by intense competition and evolving investment strategies. ETFs like PTH offer targeted exposure to specific sectors, catering to investors seeking specialized investment approaches. The healthcare sector is driven by factors such as technological advancements, aging populations, and increasing healthcare spending. PTH's momentum-based strategy differentiates it from passively managed healthcare ETFs, potentially offering higher returns but also increased risk. Competitors like ACES, FEBW, FFND, ITEQ, and KURE offer alternative approaches to investing in the healthcare and related sectors.
Who Are PTH's Key Customers?
- Individual investors seeking healthcare sector exposure.
- Institutional investors looking for momentum-driven strategies.
- Financial advisors allocating client portfolios.
- Wealth managers seeking specialized investment products.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● Covered by analysts
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 42 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
| 2026-10-05 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved -1.5%.
PTH Financials
Bull Case vs Bear Case
Bull Case
- Targeted exposure to the healthcare sector.
- Momentum-based investment strategy.
- Quarterly rebalancing and reconstitution.
- Tracks a well-defined index.
Bear Case
- Higher volatility (beta of 1.41).
- Potential for underperformance during market corrections.
- Concentrated sector exposure.
- No dividend yield.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
PTH Latest News
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PTH Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for PTH.
Price Targets
Consensus target: $53.00
PTH MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for PTH; grades run from A+ (80-100) to F (below 30).
ETFs that hold PTH
Funds in our ETF coverage that list PTH among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| Invesco DWA Tactical Sector Rotation ETF (DWTR) | 24.42% |
Common Questions About PTH (Financials)
What are the main risks for PTH?
The main risks for PTH include market risk, sector risk, and momentum risk. Market risk refers to the possibility of losses due to overall market declines.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The fund's performance is subject to market conditions and the performance of the underlying index.
- Investors should carefully consider the fund's investment objectives, risks, and expenses before investing.