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Sunday, August 23, 2026The Morning Brief →Sign in

Invesco DWA Emerging Markets Momentum ETF

$33.15+0.15% today
233452-WK

The fund will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is comprised of equity securities of large capitalization companies based in countries classified as emerging markets.

Price & daily flows
31.928.725.533.15DAILY NET FLOWAug 25Mar 19Jun 3Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$77M OVER THIS RANGE

The desk’s read

Money is leaving — −$14M walked out over the past month, about 5.7% of the fund's asset base, while the price has returned +21.8% so far this year. At 0.90% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$246Massets under management
0.90%expense ratio · $90 per $10,000 a year
−$14Mnet flow, trailing month
71Kavg daily volume, 30 days
110holdings · US-domiciled
2007listed December 27, 2007
The book at a glance
61962.3%66912.2%62572.2%28992.1%30372.1%80462.1%23602.0%20592.0%31891.9%81121.8%ASELS1.6%30441.6%MTELEKOM1.6%36651.5%37111.5%ICT1.4%62131.4%69441.3%VKE1.2%10881.2%11331.2%GMEXICOB1.2%65151.2%ADH1.1%23131.0%23591.0%8571.0%28901.0%13031.0%23681.0%OTP1.0%36530.9%INVP0.9%22060.9%28870.9%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1MTNVAIL RESORTS0.46%$152.81+1.7%
2OUTOUTFRONT MEDIA0.85%$29.83+0.2%
3BAPCREDICORP0.71%$378.97+2.4%
4RESRPC0.53%$6.37+0.2%
5DSYBIG TREE CLOUD HOLDINGS LTD0.47%$4.05-0.5%
66196MARKETECH INTERNATIONAL CORP2.30%
76691YANKEY ENGINEERING LTD2.20%
86257SIGURD MICROELECTRONICS CORP2.16%
92899ZIJIN MINING GROUP LTD H2.12%
103037UNIMICRON TECHNOLOGY CORP2.08%
118046NAN YA PRINTED CIRCUIT BOARD CORP2.06%
122360CHROMA ATE INC2.05%
132059KING SLIDE WORKS LTD1.96%
143189KINSUS INTERCONNECT TECHNOLOGY COR1.88%
158112SUPREME ELECTRONICS LTD1.85%

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Sector weights
Other92.68%
Technology28.69%
Information Technology27.5%
Electronic Technology27.42%
Finance24.88%
Industrials21.6%
Consumer Discretionary15.14%
Financials13.36%
Financial Services13.28%
Consumer Defensive11.16%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Taiwan (Province of China)49.32%
Taiwan49.25%
Taiwan, Province of China35.65%
Other23.24%
Turkey14.36%
China13.13%
Malaysia7.7%
South Africa4.74%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.7%
1 month+7.8%
3 months+4.2%
6 months+22.5%
YTD+21.8%
1 year+42.1%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month−$14M
3 months+$25M
YTD+$77M
1 year+$77M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JunJulAugSepOctFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
34%realized volatility, 30 days (annualized)
34%realized volatility, 1 year
-17.3%deepest fall from a peak, 1 year
-3.3%where it sits vs. that peak today

The top holding is 3.2% of the book; the top ten carry 25%. Spread across 106+ names, it behaves like roughly 72 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
2puts today
put/call ratio
87Kshares traded
Most-traded holdings, options premiumBullishBearish
MTN VAIL RESORTS$175,719$254,477
BAP CREDICORP$880$24,290
OUT OUTFRONT MEDIA$40$430
RES RPC$140

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against PIE

Due diligence cuts both ways. These funds sit on the same shelf and beat PIE on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-86bp on fee · 137× the assets · +$668M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-86bp on fee · 133× the assets · +$104M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-86bp on fee · 114× the assets · +$103M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-83bp on fee · 785× the assets · +$631M in over the monthHead-to-head
ILCG iShares Morningstar Growth ETF0.04%$3.3B+$7M-86bp on fee · 13× the assets · +$7M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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