Invesco Dorsey Wright Financial Momentum ETF (PFI) — ()
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5 Sector ETFs Rallying on Q2 Earnings Strength
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Sentiment: Positive ()
GAMR, ALAI, ARKX, PFI and ONLN shine as strong Q2 earnings lift sectors from gaming and AI to retail and aerospace.
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PFI: Why FXO Looks Better
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Sentiment: Positive ()
Invesco Dorsey Wright Financial Momentum ETF holds 41 financial stocks with high relative strength. The PFI ETF has outperformed the Financial Select Sector SPDR Fund, XLF, since 2006 but has …
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About Invesco Dorsey Wright Financial Momentum ETF PFI
The Invesco Dorsey Wright Financial Momentum ETF (Fund) is based on the Dorsey Wright Financials Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security's performance in a given universe over time as compared to the performance of all other securities in that universe. The Fund and the Index are rebalanced and reconstituted quarterly.