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Upturn AI SWOT - About
Invesco DWA SmallCap Momentum ETF (DWAS)
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Upturn Advisory Summary
08/14/2025: DWAS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 4.88% | Avg. Invested days 54 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.28 | 52 Weeks Range 66.93 - 104.29 | Updated Date 06/29/2025 |
52 Weeks Range 66.93 - 104.29 | Updated Date 06/29/2025 |
Upturn AI SWOT
Invesco DWA SmallCap Momentum ETF
ETF Overview
Overview
The Invesco DWA SmallCap Momentum ETF (DWAS) is designed to track the Dorsey Wright SmallCap Technical Leaders Index. It focuses on U.S. small-cap stocks exhibiting relative strength or momentum characteristics, selecting and weighting stocks based on their price momentum. The fund aims to provide capital appreciation by investing in securities with high momentum.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and a long track record of managing ETFs.
Management Expertise
Invesco has a team of experienced portfolio managers and analysts specializing in quantitative and momentum-based investment strategies.
Investment Objective
Goal
The primary investment goal of DWAS is to track the investment results of the Dorsey Wright SmallCap Technical Leaders Index.
Investment Approach and Strategy
Strategy: DWAS tracks the Dorsey Wright SmallCap Technical Leaders Index, a momentum-based index.
Composition The ETF primarily holds U.S. small-cap stocks identified as having high relative strength or momentum.
Market Position
Market Share: DWAS holds a moderate market share within the small-cap momentum ETF segment.
Total Net Assets (AUM): 334412912
Competitors
Key Competitors
- Avantis U.S. Small Cap Value ETF (AVUV)
- Vanguard Small-Cap Value ETF (VBR)
- iShares Core S&P Small-Cap ETF (IJR)
Competitive Landscape
The small-cap ETF market is competitive. DWAS differentiates itself through its momentum-focused strategy. Advantages include potentially higher returns during strong momentum periods. Disadvantages include higher volatility and potential underperformance during market corrections compared to broader small-cap ETFs.
Financial Performance
Historical Performance: Historical performance can be obtained from financial websites, where past performance is not indicative of future returns. Returns will vary over time.
Benchmark Comparison: The ETF's performance should be compared to the Dorsey Wright SmallCap Technical Leaders Index to assess its tracking effectiveness.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically narrow, suggesting relatively low trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and investor sentiment toward small-cap stocks influence DWAS's performance. Momentum strategies are particularly sensitive to market trends.
Growth Trajectory
DWAS's growth trajectory depends on its ability to consistently identify and hold small-cap stocks with strong momentum. Changes in the index methodology or market conditions could affect its holdings and performance.
Moat and Competitive Advantages
Competitive Edge
DWAS's competitive advantage lies in its unique momentum-based investment strategy, which differentiates it from broad market and value-oriented small-cap ETFs. The ETF leverages the Dorsey Wright methodology, known for its technical analysis and relative strength approach. This focus on momentum can potentially lead to outperformance during periods of strong market trends. However, it may underperform during market corrections or periods where momentum strategies are less effective.
Risk Analysis
Volatility
DWAS exhibits higher volatility than broader small-cap ETFs due to its momentum focus.
Market Risk
Specific risks include market risk associated with small-cap stocks, as well as the risk that the momentum factor may underperform in certain market conditions.
Investor Profile
Ideal Investor Profile
The ideal investor for DWAS is someone seeking capital appreciation through exposure to small-cap stocks with high momentum and is comfortable with higher volatility.
Market Risk
DWAS is best suited for active traders or investors with a higher risk tolerance who seek to capitalize on market trends.
Summary
The Invesco DWA SmallCap Momentum ETF (DWAS) offers exposure to U.S. small-cap stocks exhibiting strong momentum. Its momentum-based strategy differentiates it from broader market small-cap ETFs and may provide higher returns during trending markets, but also increases volatility. Investors should be aware of the risks associated with small-cap stocks and momentum strategies. This ETF is best suited for investors with a higher risk tolerance looking for capital appreciation potential.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- Morningstar
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco DWA SmallCap Momentum ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of approximately 200 securities from an eligible universe of approximately 2,000 securities ranked 1,001 to 3,000 by market capitalization within the NASDAQ US Benchmark Index".
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