Invesco Dorsey Wright Healthcare Momentum ETF (PTH)
About this ETF
The Invesco Dorsey Wright Healthcare Momentum ETF (PTH) is structured to mirror the performance of the Dorsey Wright Healthcare Technical Leaders Index. This exchange-traded fund typically allocates a minimum of 90% of its total assets to the equities found within this benchmark index. The Index itself is specifically engineered to identify healthcare companies that demonstrate strong "relative strength," which indicates significant momentum. It consists of no fewer than 30 individual securities selected from the broader NASDAQ US Benchmark Index. "Relative strength" refers to the process of evaluating a particular security's performance against other comparable investments within its designated market segment over a specific duration. Both the Fund and its underlying Index are subject to quarterly rebalancing and reconstitution.
Price
Top 10 holdings
| Roivant Sciences Ltd ROIV | 5.08% |
| Revolution Medicines Inc RVMD | 4.77% |
| Guardant Health Inc GH | 4.77% |
| BrightSpring Health Services Inc BTSG | 4.67% |
| Axsome Therapeutics Inc AXSM | 4.28% |
| Erasca Inc ERAS | 2.91% |
| Liquidia Corp LQDA | 2.71% |
| agilon health Inc AGL | 2.51% |
| Tango Therapeutics Inc TNGX | 2.39% |
| Oruka Therapeutics Inc ORKA | 2.38% |
Sector mix
Price chart
Returns
| 1 month | +19.97% |
| 3 months | +16.63% |
| 6 months | +17.82% |
| Year to date | +18.11% |
| 1 year | +52.31% |
| 3 years (ann.) | +14.36% |
| 5 years (ann.) | +1.12% |
| 10 years (ann.) | +14.70% |
Risk profile
| Volatility (1y, ann.) | 24.42% |
| Sharpe (1y) | 1.85 |
| Sharpe (3y) | 0.65 |
| Sortino (1y) | 3.18 |
| Max drawdown (1y) | -14.58% |
| Max drawdown (5y) | -50.07% |
| Max drawdown (full) | -53.52% |
| Beta vs S&P 500 (1y) | 0.98 |
| Correlation vs S&P 500 (1y) | 0.50 |
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 |
|---|---|---|
| 2025-12-22 | 2025-12-26 | USD 1.5265 |
| 2024-06-24 | 2024-06-28 | USD 0.0255 |
| 2013-12-20 | 2013-12-31 | USD 0.0114 |
| 2013-09-20 | 2013-09-30 | USD 0.0027 |
| 2013-06-21 | 2013-06-28 | USD 0.0368 |
| 2012-12-21 | 2012-12-31 | USD 0.1090 |
| 2012-06-15 | 2012-06-29 | USD 0.0084 |
| 2009-12-18 | 2009-12-31 | USD 0.0194 |
| 2009-06-19 | 2009-06-30 | USD 0.0083 |
Splits
| 2023-07-17 | 3:1 |
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 | 3.2% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.5% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.5% |
| Vanguard Value ETF VTV | 0.03% | 245.00B | 0.2% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.2% |

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