Invesco Dorsey Wright SmallCap Momentum ETF (DWAS)
About this ETF
The Invesco Dorsey Wright SmallCap Momentum ETF seeks to track the performance of the Dorsey Wright SmallCap Technical Leaders Index. This fund typically invests at least 90% of its total assets in equity securities of small-capitalization companies that comprise this index. The index itself consists of approximately 200 companies chosen from the NASDAQ US Benchmark Index through a proprietary selection methodology from Dorsey, Wright & Associates, LLC. This process identifies companies demonstrating strong relative strength based on their market performance. Both the fund and the index undergo rebalancing and reconstitution on a quarterly basis. It's also important to note that, effective after the market close on August 25, 2023, the fund's name transitioned from Invesco DWA SmallCap Momentum ETF to…
Price
Top 10 holdings
| Sezzle Inc SEZL | 1.95% |
| Erasca Inc ERAS | 1.63% |
| agilon health Inc AGL | 1.50% |
| Tango Therapeutics Inc TNGX | 1.42% |
| Enova International Inc ENVA | 1.33% |
| Bel Fuse Inc BELFB | 1.29% |
| Graham Corp GHM | 1.22% |
| Climb Bio Inc CLYM | 1.16% |
| MYR Group Inc MYRG | 1.12% |
| Amneal Pharmaceuticals Inc AMRX | 1.04% |
Sector mix
Price chart
Returns
| 1 month | +4.46% |
| 3 months | +10.47% |
| 6 months | +17.49% |
| Year to date | +20.43% |
| 1 year | +37.20% |
| 3 years (ann.) | +15.37% |
| 5 years (ann.) | +5.35% |
| 10 years (ann.) | +12.69% |
Risk profile
| Volatility (1y, ann.) | 24.67% |
| Sharpe (1y) | 1.41 |
| Sharpe (3y) | 0.70 |
| Sortino (1y) | 2.27 |
| Max drawdown (1y) | -10.02% |
| Max drawdown (5y) | -33.92% |
| Max drawdown (full) | -46.16% |
| Beta vs S&P 500 (1y) | 1.51 |
| Correlation vs S&P 500 (1y) | 0.77 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-09-22 | 2025-09-26 | USD 0.0053 |
| 2025-06-23 | 2025-06-27 | USD 0.0100 |
| 2025-03-24 | 2025-03-28 | USD 0.0524 |
| 2024-12-23 | 2024-12-27 | USD 0.0731 |
| 2024-09-23 | 2024-09-27 | USD 0.5146 |
| 2024-06-24 | 2024-06-28 | USD 0.0821 |
| 2024-03-18 | 2024-03-22 | USD 0.0489 |
| 2023-12-18 | 2023-12-22 | USD 0.8345 |
| 2023-09-18 | 2023-09-22 | USD 0.1241 |
| 2023-06-20 | 2023-06-23 | USD 0.1794 |
| 2023-03-20 | 2023-03-24 | USD 0.0547 |
| 2022-12-19 | 2022-12-23 | USD 0.1388 |
| 2022-09-19 | 2022-09-23 | USD 0.2595 |
| 2022-06-21 | 2022-06-30 | USD 0.1324 |
| 2022-03-21 | 2022-03-31 | USD 0.0615 |
| 2021-12-20 | 2021-12-31 | USD 0.0705 |
| 2021-09-20 | 2021-09-30 | USD 0.0284 |
| 2021-06-21 | 2021-06-30 | USD 0.0408 |
| 2020-12-21 | 2020-12-31 | USD 0.0232 |
| 2020-09-21 | 2020-09-30 | USD 0.0263 |
| 2020-06-22 | 2020-06-30 | USD 0.0683 |
| 2020-03-23 | 2020-03-31 | USD 0.0409 |
| 2019-12-23 | 2019-12-31 | USD 0.0629 |
| 2019-09-23 | 2019-09-30 | USD 0.0127 |
| 2018-03-19 | 2018-03-29 | USD 0.0194 |
| 2017-12-18 | 2017-12-29 | USD 0.0823 |
| 2017-09-18 | 2017-09-29 | USD 0.0138 |
| 2016-12-16 | 2016-12-30 | USD 0.1508 |
| 2016-06-17 | 2016-06-30 | USD 0.0490 |
| 2016-03-18 | 2016-03-31 | USD 0.0120 |
| 2015-12-18 | 2015-12-31 | USD 0.0470 |
| 2015-06-19 | 2015-06-30 | USD 0.0258 |
| 2014-12-19 | 2014-12-31 | USD 0.0067 |
| 2014-06-20 | 2014-06-30 | USD 0.0111 |
| 2013-12-20 | 2013-12-31 | USD 0.0136 |
| 2013-06-21 | 2013-06-28 | USD 0.0380 |
| 2013-03-15 | 2013-03-28 | USD 0.0110 |
| 2012-12-21 | 2012-12-31 | USD 0.2210 |
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Small-Cap ETF VB | 0.03% | 182.70B | 5.3% |
| Vanguard Information Technology ETF VGT | 0.09% | 170.10B | 2.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.9% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |

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