PUI Gap Up Interesting movement in the next few months to catch the gap up and fall back into trend.
Key stats
About Invesco Dorsey Wright Utilities Momentum ETF
Expense ratio
0.60%
Home page
Inception date
Oct 26, 2005
ISIN
US46137V7955
PUI provides an alternate technical - take on US utilities firms. It follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum. The fund reaches beyond our definition of US utility companies. Its concentrated, momentum-based portfolio actually carries lower market risk than our benchmark. Overall, PUI is a valid alternative to vanilla US utilities exposure. The fund uses a full replication indexing strategy, meaning PUI will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Utilities Momentum ETF.
Classification
What's in the fund
Exposure type
Utilities
Stock breakdown by region
